HCP Plastene Reports Record Profits Amid Rising Debt Concerns in February 2025

Feb 14 2025 07:50 PM IST
share
Share Via
HCP Plastene Bulkpack has announced its financial results for the quarter ending December 2024, highlighting record operating profit and profit after tax. Net sales grew significantly, while challenges include an increased debt-equity ratio and a decline in the debtors turnover ratio, indicating potential liquidity concerns.
HCP Plastene Bulkpack, a microcap company in the packaging industry, has recently reported its financial results for the quarter ending December 2024. The results, declared on February 14, 2025, indicate a notable performance in several key areas. The operating profit reached a record high of Rs 8.19 crore, reflecting a consistent upward trend over the last five quarters. Similarly, profit after tax also peaked at Rs 1.64 crore, showcasing a positive trajectory in profitability.

Net sales for the quarter were reported at Rs 119.37 crore, marking a significant growth of 26.3% compared to the average of the previous four quarters. This increase highlights a robust sales performance, with earnings per share reaching Rs 1.54, the highest in the last five quarters.

However, the financial results also reveal some challenges. The debt-equity ratio has risen to 3.44 times, indicating a growing reliance on borrowed funds, which may impact liquidity. Additionally, the debtors turnover ratio has decreased to 4.78 times, suggesting a slowdown in the company's ability to settle its debts. Interest expenses have also increased, reflecting higher borrowing costs.

Overall, HCP Plastene's financial results present a mixed picture, with positive trends in profitability and sales, alongside concerns regarding debt management and liquidity.

Discover the Latest Mojo Score and Financial Trend Performance - SignUp in less than 2 Minutes and get FREE Premium Access.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News