High Energy Batteries (India) Reports Mixed Results for Q1 FY25

High Energy Batteries (India) has recently announced its financial results for the quarter ending June 2024. According to the data released on July 20, 2024, the company has seen a negative performance in this quarter. However, there are some positive aspects to note from the financial report.

One of the key highlights is the company’s operating cash flow, which has been consistently growing over the past three years. In the last fiscal year, High Energy Batteries generated the highest operating cash flow of Rs 23.50 crore. This indicates that the company has been able to generate higher revenues from its business operations.

Another positive aspect is the company’s dividend payout ratio (DPR), which has been increasing over the past five years. In the last fiscal year, High Energy Batteries distributed 15.67% of its profits as dividends, which is the highest in the past five years. This shows that the company is sharing its profits with its shareholders.

However, there are some areas of concern in the financial report. The profit before tax (PBT) has fallen by 55.1% compared to the average of the previous four quarters. Similarly, the profit after tax (PAT) has also declined by 32.9% in the same period. The net sales have also decreased by 11.4% compared to the average of the previous four quarters. This indicates a negative trend in the company’s near-term financial performance.

Moreover, the operating profit (PBDIT) has been the lowest in the last five quarters, and the operating profit margin has also deteriorated. The non-operating income is also high, which is not a sustainable business model. Additionally, the earnings per share (EPS) have also declined, indicating a lower profitability for the shareholders.

In conclusion, High Energy Batteries (India) has reported a negative financial performance for the quarter ending June 2024. While there are some positive aspects to note, there are also some areas of concern that the company needs to address in order to improve its financial performance in the future.