Hariyana Ship Breakers' Q4 FY 2025-26 Quarterly Results

Result Summary

• Hariyana Ship Breakers Ltd reported a 78.9% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Mar (Q4 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 2.0%.
• Its expenses for the quarter were up by 123.0% QoQ and 111.8% YoY.
• The net profit decreased 237.2% QoQ and decreased 2134.8% YoY.
• The earnings per share (EPS) of Hariyana Ship Breakers Ltd declined at 15.17 during Q4 FY 2025-26.

Financial Statments for Q4 FY 2025-26

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Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Hariyana Ship Breakers Ltd is a company engaged in the business of ship breaking and related activities. The company operates within the broader ship recycling industry, which involves dismantling obsolete ships to recover steel and other materials for recycling. This industry is subject to various regulatory and environmental standards, given its impact on the environment and the need for sustainable practices. As of the latest available data up to October 2023, no specific recent major developments or changes in the company's operations have been specified. However, the company continues to operate within its established niche, dealing with the complexities and cyclical nature of the ship breaking industry.

Revenue

In the fourth quarter of fiscal year 2026 (Q4FY26), Hariyana Ship Breakers Ltd reported a total income of ₹2.03 crores, compared to ₹9.62 crores in the previous quarter (Q3FY26), reflecting a significant quarter-over-quarter decrease of 78.9%. When compared to the same quarter in the previous fiscal year (Q4FY25), where the total income was ₹1.99 crores, the company experienced a slight year-over-year increase of 2.0%. This reflects stability in the revenue on a year-over-year basis, with a marked decrease in the quarter-over-quarter comparison.

Profitability

The financial performance in terms of profitability for Hariyana Ship Breakers Ltd in Q4FY26 shows a substantial downturn. The company reported a loss before tax of ₹13.68 crores, contrasting with a profit of ₹8.49 crores in Q3FY26 and ₹0.80 crores in Q4FY25. This indicates a quarter-over-quarter decline of 261.1% and a year-over-year decline of 1810.0%. Tax expenses were minimal at ₹0.06 crores in Q4FY26, down from ₹1.55 crores in Q3FY26 and ₹0.22 crores in Q4FY25, reflecting significant reductions both quarter-over-quarter and year-over-year. Consequently, the company recorded a profit after tax of -₹9.36 crores in Q4FY26, compared to profits of ₹6.82 crores in Q3FY26 and ₹0.46 crores in Q4FY25, marking a quarter-over-quarter decline of 237.2% and a year-over-year decline of 2134.8%.

Operating Metrics

Earnings per share (EPS) for Hariyana Ship Breakers Ltd stood at -₹15.17 in Q4FY26, compared to ₹11.06 in Q3FY26 and ₹0.74 in Q4FY25. This substantial decrease in EPS is aligned with the overall decline in profitability, showing a quarter-over-quarter decrease of 237.2% and a year-over-year decrease of 2150.0%. The total expenses for Q4FY26 were reported at ₹2.52 crores, up from ₹1.13 crores in Q3FY26 and ₹1.19 crores in Q4FY25, representing increases of 123.0% and 111.8% respectively. These figures indicate a significant rise in expenses over both the previous quarter and the same quarter of the prior year, correlating with the overall financial performance in the reported quarter.