HINDUSTAN FOODS LTD. - 519126 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
With reference to our letter dated January 31, 2024 intimating you about the conference call with Analyst/Investors which was held on February 9, 2024, please find attached the transcript of the aforesaid conference call. The above information will also be available on the website of the Company i.e. www.hindustanfoodslimited.com. HINDUSTAN FOODS LTD. - 519126 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Pursuant to Regulation 30 and all other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, We wish to inform the Exchanges that, the officials of the Company will be attending the Investors Conference hosted by Antique Stock Broking on February 19, 2024. Please refer the PDF file for the details of the meeting. This is to further inform that the copy of 'Earnings Presentation Feb' 24" has been uploaded on the website of the company www.hindustanfoodslimited.com and is also available on the Stock Exchanges for your information and also for the information of your members and public at large. This information is submitted to you pursuant to Regulation 30(6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations, 2015. Kindly note that changes may happen due to exigencies on the part of Host/Company. HINDUSTAN FOODS LTD. - 519126 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Extract of Financial Results for the Quarter and Nine Months ended December 31, 2023 advertised in Newspaper HINDUSTAN FOODS LTD. - 519126 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
In accordance with Regulation 30 of SEBI (Listing obligations and Disclosure Requirements) Regulations, 2015, We wish to inform you that, the Company had scheduled an Analyst/Investors conference call on February 9, 2024 wherein the Senior Management of the Company discussed the performance for the Quarter and Nine Months ended December 31, 2023 followed by an interactive question and answer session. In this regard, the audio recording of the said Analyst/Investors conference call has been uploaded on the website of the Company and can be accessed at the web link https://www.hindustanfoodslimited.com/investor-presentation.php. HINDUSTAN FOODS LTD. - 519126 - Compliances- Statement Of Deviation Or Variation In The Use Of Proceeds Raised Through Preferential Issue
Regulation 32 SEBI (LODR) 2015 regarding Statement of deviation or variation in the use of proceeds raised through Preferential issue HINDUSTAN FOODS LTD. - 519126 - Announcement under Regulation 30 (LODR)-Monitoring Agency Report
Monitoring Agency Report for the Quarter ended December 31, 2023 Q3FY24 Quarterly & 9MFY24 Result Announced for Hindustan Foods Ltd.
Hindustan Foods announced Q3FY24 & 9MFY24 results: Consolidated Q3FY24: Revenues: Grew by 7%, totaling Rs 730.3 crore as compared to Rs 679.6 crore in Q3FY23. EBITDA: Enhanced by 29%, reported at Rs 57.9 crore against Rs 45.0 crore in Q3FY23. Profit After Tax (PAT): Saw an increase of 29%, standing at Rs 22.0 crore compared with Rs 17.1 crore in Q3FY23. Consolidated 9MFY24: Revenues: Remained stable at Rs 2,027.4 crore, compared to Rs 1,941.9 crore in 9MFY23. EBITDA: Increased by 29%, reaching Rs 164.8 crore, up from Rs 127.7 crore in 9MFY23. Profit After Tax (PAT): Improved by 38%, amounting to Rs 70.1 crore, versus Rs 50.9 crore in 9MFY23. Operational Updates Completed the acquisition of the Baddi plant with an investment of Rs 128 crore, marking expansion into pharmaceuticals and OTC health products. Subsidiary KNS Shoetech Pvt. Ltd. finalized the acquisition of a sports shoe manufacturing unit in Kundli, Haryana for Rs 31 crore. Proposed acquisition of another sports shoe manufacturing facility with an expected investment of around Rs 100 crore. Successfully concluded a preferential issue of warrants amounting to Rs 400 crore. Guwahati, Assam juice manufacturing factory is on track to commence production by Q4FY24. The Greenfield Ice Cream facility in Haryana is underway, with a planned capex of Rs 100 crore, aiming for partial production by Q3FY25 and full-scale operation by Q4FY25. Sameer R. Kothari, Managing Director, said: "While the overall consumer market seems to be subdued, we believe that the investments done by your company place it well to set the tone for the future growth of the company over the next few years. This quarter HFL has seen the closure of the Baddi transaction and I expect the complete integration of this factory within the next 3-6 months. We are very optimistic about this acquisition as it opens up a whole new sector of OTC Pharma for us. The market opportunity is immense and we see HFL placed well to capitalize on future growth in this space. Additionally, the acquisition of KNS Shoetech and the manufacturing assets of KNS Trading has opened up the sector of Sports shoe manufacturing for HFL. We are in advanced discussions to invest the further amount of Rs 100 crore in this sector and expect to close the transaction in this Quarter. We are confident that, these two sectors will allow us to propel the growth for the company, while we remain steadfast in the FMCG & staples markets." Mayank Samdani, Group CFO, said: "The company posted a healthy 29% growth in the Quarterly PAT numbers over the last year and a 38% growth in the 9 monthly PAT numbers over the last year. This has been achieved as most of the projects have commercialized and are ramping up satisfactorily. This quarter has also seen the impact of the integration of the new units (both Baddi and KNS Shoetech) and the seasonal effect of the ice cream and beverages business. We believe that the financial numbers may be affected by this integration for one quarter and both the new acquisitions should start normalizing by Q1FY25. Accordingly, we do believe that we are well on track to meet our guidance of achieving a 4000 crore+ top line by FY25." Result PDF HINDUSTAN FOODS LTD. - 519126 - Announcement under Regulation 30 (LODR)-Investor Presentation
Earnings/Investor Presentation HINDUSTAN FOODS LTD. - 519126 - Results-Financial Results For The Quarter And Nine Months Ended December 31, 2023
Financial results for the quarter and Nine months ended December 31, 2023