Hil Ltd Q1 Results Total Revenue ₹1,106.61 crores & Net income ₹2.62 crores

Hil Q1 Results: The HIL Q1 results show important financial changes for the company. Looking at the quarter-on-quarter (QoQ) data, we see that total revenue rose by 29.88% from the previous quarter. This increase is a positive sign, as it indicates that HIL has been able to grow its sales compared to the last three months. However, when we compare the year-over-year (YoY) figures, total revenue only grew by 8.97% from the same quarter last year, which is much smaller than the QoQ growth.

Hil’s expenses, the selling, general, and administrative expenses increased by 11.99% QoQ, which is a concern as it adds to overall costs. Looking at the YoY perspective, these expenses grew even more, by 23.44%, indicating rising costs over the year. The operating income, however, shows a different story. It rose from the previous quarter but dropped by 58.44% YoY, showing that despite higher revenue, profitability has decreased compared to last year. Finally, net income also decreased significantly by 78.19% YoY, even though it increased QoQ. Overall, while HIL shows growth in some areas, the YoY comparisons reveal challenges in maintaining profitability. 

Here are the HIL Q1 results in a simplified table format:

(All figures in crores except per share values)

Source: Here 

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Hil Q1 Results

The financial results for HIL for the quarter ending June 30, 2024, show important information about the company's performance. The company earned ₹77,515 lakhs from its operations, which is higher than the ₹53,410 lakhs from the previous quarter. Additionally, it received ₹647 lakhs from other sources, leading to a total income of ₹78,162 lakhs.

Hil’s expenses also increased. The total expenses amounted to ₹72,368 lakhs, which includes costs for materials, employee salaries, finance costs, and other expenses. Notably, the cost of materials consumed was ₹36,334 lakhs, showing a rise compared to previous periods.

After accounting for expenses, HIL reported a profit before tax of ₹5,794 lakhs. When taxes of ₹1,535 lakhs were deducted, the profit for the period was ₹4,259 lakhs. This profit is lower than in the same quarter last year. The company’s earnings per share (EPS) for this quarter was ₹56.48, indicating how much profit each share earned. Overall, while the revenue improved, the expenses increased as well, affecting the profit. These results are prepared according to Indian Accounting Standards.

Here’s a simplified summary of the financial results for HIL for the quarter ending June 30, 2024:

(in INR Lakhs)

Hil Stock Performance

The table shows important financial details about a company. The Market Cap of ₹ 2,188 Crore indicates the total value of the company's shares. The Current Price of ₹ 2,901 is what each share costs now. The High/Low shows the highest price (₹ 3,213) and the lowest price (₹ 2,346) over a specific time. Book Value is ₹ 1,661, which is the value per share if the company sold all its assets.

Here’s a simplified table of the market cap and key financial metrics you provided:

Quarterly Results 

In the financial results for Dec 2023, Mar 2024, and Jun 2024, the company showed fluctuating performance. In Dec 2023, sales were 784 crores, but expenses were also high at 768 crores, leading to a small operating profit of 17 crores. The company faced a loss before tax of 11 crores and a net loss of 7 crores. In Mar 2024, sales rose to 852 crores, but expenses increased too, resulting in a similar operating profit. 

Here's the transposed data for Dec 2023, Mar 2024, and Jun 2024 with the particulars:

(Figures in Rs. Crores)

About Hil 

HIL, founded in 1946, is a leading company in building materials and part of the CK Birla Group, which is valued at $3 billion. With 76 years of experience, HIL is known for providing high-quality and sustainable products that meet modern needs. The company offers several well-known brands, including Charminar, Charminar Fortune, Birla Aerocon, Birla HIL, and Parador, which is a German flooring brand. They also produce pipes and fittings under the Topline brand, popular in Eastern India.

HIL has 31 advanced manufacturing facilities in India and two more in Germany and Austria. The company focuses heavily on innovation, investing in research and development in both India and Germany. They aim to create eco-friendly building materials, recognizing the growing demand for green products over the last decade. HIL has a strong sales and distribution network that reaches customers in India and over 80 other countries.

HIL's success comes from its dedicated employees, loyal dealers, and satisfied customers. HIL is proud to be recognized as a Great Place to Work® for five consecutive years and has received several awards for being a trusted and iconic brand in the industry.