Hindustan Foods Ltd (BOM:519126)
₹ 637.5 +28.9 (+4.75%) Market Cap: 77.24 Bil Enterprise Value: 85.69 Bil PE Ratio: 49.31 PB Ratio: 6.54 GF Score: 84/100

Q1 2025 Hindustan Foods Ltd Earnings Call Transcript

Aug 14, 2024 / 11:00AM GMT
Release Date Price: ₹565.3 (+2.40%)

Key Points

Positve
  • Hindustan Foods Ltd (BOM:519126) achieved the highest quarterly turnover on a consolidated basis at INR670.9 crores, growing at 40.4%.
  • The company posted its highest ever PBT numbers of INR36.2 crores and PAT of INR27.2 crores, growing at 16.5%.
  • The integration of the Baddi healthcare and wellness plant is progressing well, with the highest production recorded in July 2024.
  • The company has resumed exports to UAE, Australia, and Africa, with only the Russian FDA approval pending.
  • Hindustan Foods Ltd (BOM:519126) is optimistic about its foray into the footwear business, with significant investments and integration efforts underway.
Negative
  • Despite the highest turnover and profitability, some product categories experienced tepid volume growth and deflationary pressures.
  • The integration of the Baddi and shoe businesses is a mammoth exercise, causing operational challenges and delays.
  • The new ice cream factory project faced delays due to relocation from Kundli to Nashik, pushing the expected production start to March 2025.
  • The effective tax rate increased to around 25% from 20% last year, impacting the PAT growth.
  • The company is cautious about the macroeconomic environment, particularly the inflation scenario, which presents a complex puzzle.
Operator

Ladies and gentlemen, good day, and welcome to Hindustan Foods Limited Q1 FY25 earnings conference call. This conference call may contain forward-looking statements about the company, which are based on the beliefs, opinions, and expectations of the company as on date of this call. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to predict. (Operator Instructions).

I now hand the conference over to Mr. Sameer Kothari, Managing Director of Hindustan Foods Limited. Thank you and over to you, sir.

Sameer Kothari
Hindustan Foods Ltd - Managing Director, Executive Director

Thank you. Good afternoon and welcome to our Q1 FY25 earnings conference call. I am joined on the call by Ganesh Argekar, Executive Director, Mayank Samdani, Group CFO, Vimal Solanki, Head Corporate Communications, and SGA, our Investor Relations advisers.

I hope everyone has had a chance to go to our updated earnings presentation uploaded on the exchange as well as our company website. It has been an interesting

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
7-Day Free Trial · Cancel Anytime
Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot