Himalaya Distillery Profit Rises 138.18% to 214.9 Million Rupees in First Quarter

Key Facts

Insurance Khabar reported that the company's profit rose 138.18% year on year during the period under review. The jump coincided with growth in revenue from product sales, which reached 1.76 billion rupees. Revenue was 1.07 billion rupees in the first quarter of fiscal year 2082/83. Current-period revenue therefore rose 63.87% year on year.

The comparison between the two periods shows profit rising from 9.02 crore rupees to 21.49 crore rupees, according to the published report. Annualized earnings per share rose to 23.32 rupees, from 9.79 rupees in the previous period. These figures show the first-quarter results and compare them with the corresponding period, while the report did not provide market expectations. The available figures also did not include a documented share price on the date of the news.

The company's paid-up capital stood at 3.68 billion rupees, while reserves and surpluses reached 1.75 billion rupees. Reserves and surpluses stood at 1.18 billion rupees in September of the previous year. The report said they increased 32.62% year on year. The book value per share was also 147.49 rupees, and the price-to-earnings ratio was 56.14 times. These figures provide a snapshot of the company's capital, reserves and disclosed valuation metrics alongside its quarterly results.

In older background, the company said in its annual report that sales in the first three months of fiscal year 2025/26 fell 10% from the corresponding period. It attributed the decline to Gen Z movement disruptions and the associated damage to private property, as well as floods and landslides during Dashain. The report said these events disrupted markets and transport and affected sales both directly and indirectly. In the same report, the company said production of malt spirit had begun as part of efforts to reduce production costs and expand the business. It added that grain residue from spirit production is processed into dry cake for sale and distribution.

The company said in its annual report that the factory automation project was completed and production had begun using the system. It said the automation is aimed at reducing production costs, increasing productivity and ensuring the continued production of spirits at consistent quality. It added that the project is expected to support sales revenue. These initiatives form part of the company's stated operational plans, while the report does not attribute the first-quarter results to them. The next quarterly results will provide an opportunity to track whether revenue and profit growth continues.