HCP Plastene Bulkpac Quarterly Results

Charts

YoY Net Sales (Quarterly)

Operating Margin

EPS Growth

POSITIVES

Revenue growth from ₹59.37 crore to ₹78.87 crore in Q2 2023 indicates strong recovery post-pandemic.
Net profit transitioned from a loss of ₹2.14 crore to a profit of ₹0.96 crore, signifying improved operational efficiency.
Operating profit margin improved significantly, indicating better cost management and pricing strategies.

NEGATIVES

Profit margins remain thin, with net profit only reaching ₹0.96 crore, highlighting ongoing financial pressures.
Expenses increased sharply in Q2 2023, potentially outpacing revenue growth and affecting profitability.
Recent quarters show volatility in profits, raising concerns about sustainable growth amidst fluctuating revenues.

Field	Mar 23	Jun 23	Sep 23	Dec 23	Mar 24	Jun 24	Sep 24	Dec 24	Mar 25	Jun 25
Revenue	77.22	59.37	78.87	79.68	76.64	104.70	117.08	119.37	122.28	125.75
Expenses	74.11	58	74.03	74.70	71.16	98.08	109.57	111.19	109.36	116.59
Operating Profit	3.11	1.37	4.84	4.98	5.47	6.61	7.51	8.19	12.92	9.16
Other Income	0.12	0.25	0.89	0.20	1.22	1.30	0.57	0.93	1.88	6.49
Interest	3.10	2.50	2.72	3.07	3.45	3.33	3.42	3.97	3.89	4.16
Depreciation	1.84	1.80	1.89	1.81	1.79	1.71	1.70	2.06	1.82	1.82
Profit Before Tax	-1.51	-2.67	1.12	0.30	1.45	2.85	2.95	3.09	9.08	9.69
Tax	-0.56	-0.53	0.16	0.02	0.24	0.75	0.78	0.89	2.23	2.56
Net Profit	-0.95	-2.14	0.96	0.28	1.21	2.10	2.17	2.20	6.86	7.12
Eps in Rs	-0.55	-1.93	0.74	0.28	1.28	1.99	2.25	2.10	6.23	6.70