Hemas Holdings Past Earnings Performance

Past criteria checks 5/6

Hemas Holdings has been growing earnings at an average annual rate of 20.1%, while the Industrials industry saw earnings growing at 18.5% annually. Revenues have been growing at an average rate of 17.7% per year. Hemas Holdings's return on equity is 14.6%, and it has net margins of 5.3%.

Key information

20.1%

Earnings growth rate

20.0%

EPS growth rate

Industrials Industry Growth	42.0%
Revenue growth rate	17.7%
Return on equity	14.6%
Net Margin	5.3%
Last Earnings Update	30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Hemas Holdings makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

COSE:HHL.N0000 Revenue, expenses and earnings (LKR Millions)
Date	Revenue	Earnings	G+A Expenses
30 Sep 24	117,051	6,249	25,314
30 Jun 24	117,969	5,960	25,021
31 Mar 24	121,614	6,109	24,924
31 Dec 23	122,383	5,592	24,112
30 Sep 23	120,930	4,351	23,007
30 Jun 23	118,220	4,282	22,353
31 Mar 23	113,940	4,269	21,150
31 Dec 22	102,839	4,273	19,104
30 Sep 22	94,614	4,898	18,034
30 Jun 22	87,268	4,691	16,595
31 Mar 22	78,831	4,249	15,641
31 Dec 21	74,313	4,033	15,118
30 Sep 21	70,444	3,794	14,622
30 Jun 21	67,956	4,234	14,289
31 Mar 21	64,501	4,058	13,704
31 Dec 20	61,932	3,655	13,638
30 Sep 20	61,876	3,245	14,432
30 Jun 20	59,794	2,245	14,915
31 Mar 20	60,043	1,357	16,119
31 Dec 19	62,076	1,776	16,990
30 Sep 19	62,464	1,846	16,951
30 Jun 19	63,775	2,389	16,967
31 Mar 19	64,082	3,369	16,517
31 Dec 18	63,055	3,092	15,941
30 Sep 18	57,316	2,748	15,301
30 Jun 18	52,249	2,548	14,436
31 Mar 18	49,874	2,687	13,760
31 Dec 17	46,320	3,186	13,079
30 Sep 17	45,351	3,368	12,569
30 Jun 17	44,650	3,489	12,517
31 Mar 17	43,404	3,491	12,266
31 Dec 16	41,621	3,152	11,752
30 Sep 16	40,196	3,147	11,235
30 Jun 16	39,047	2,935	10,721
31 Mar 16	37,977	2,653	10,436
31 Dec 15	37,144	2,681	9,734
30 Sep 15	35,510	2,276	9,540
30 Jun 15	34,139	2,236	9,165
31 Mar 15	32,497	2,122	8,698
31 Dec 14	31,120	2,806	8,257
30 Sep 14	30,158	2,733	8,034
30 Jun 14	28,354	2,595	7,669
31 Mar 14	27,259	2,571	7,249
31 Dec 13	26,566	1,707	7,048

Quality Earnings: HHL.N0000 has high quality earnings.

Growing Profit Margin: HHL.N0000's current net profit margins (5.3%) are higher than last year (3.6%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: HHL.N0000's earnings have grown significantly by 20.1% per year over the past 5 years.

Accelerating Growth: HHL.N0000's earnings growth over the past year (43.6%) exceeds its 5-year average (20.1% per year).

Earnings vs Industry: HHL.N0000 earnings growth over the past year (43.6%) exceeded the Industrials industry 43.6%.

Hemas Holdings Past Earnings Performance

Past criteria checks 5/6

Key information

Recent past performance updates

Second quarter 2025 earnings released: EPS: LK₨2.53 (vs LK₨2.04 in 2Q 2024)

First quarter 2025 earnings released: EPS: LK₨1.58 (vs LK₨1.83 in 1Q 2024)

Third quarter 2024 earnings released: EPS: LK₨3.72 (vs LK₨1.64 in 3Q 2023)

Second quarter 2024 earnings released: EPS: LK₨2.04 (vs LK₨1.93 in 2Q 2023)

First quarter 2024 earnings released: EPS: LK₨1.83 (vs LK₨1.81 in 1Q 2023)

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Recent updates

First half dividend increased to LK₨1.00

Second quarter 2025 earnings released: EPS: LK₨2.53 (vs LK₨2.04 in 2Q 2024)

Price target increased by 7.5% to LK₨105

First quarter 2025 earnings released: EPS: LK₨1.58 (vs LK₨1.83 in 1Q 2024)

Non-Executive Director recently sold LK₨11m worth of stock

Final dividend increased to LK₨3.00

Hemas Holdings PLC, Annual General Meeting, Jun 27, 2024

Price target decreased by 11% to LK₨97.37

Third quarter 2024 earnings released: EPS: LK₨3.72 (vs LK₨1.64 in 3Q 2023)

Second quarter 2024 earnings released: EPS: LK₨2.04 (vs LK₨1.93 in 2Q 2023)

Upcoming dividend of LK₨0.40 per share at 3.3% yield

Price target increased by 9.3% to LK₨112

Hemas Holdings Announces Resignation of Kasturi Chellaraja, Group CEO

Consensus EPS estimates fall by 17%

First quarter 2024 earnings released: EPS: LK₨1.83 (vs LK₨1.81 in 1Q 2023)

Upcoming dividend of LK₨1.95 per share at 3.4% yield

Hemas Holdings PLC (COSE:HHL.N0000) acquired remaining 24.9% stake in Atlas Axillia Co. (Pvt) Ltd from Nirmal Anrudha Madanayake for LKR 3.4 billion.

Full year 2023 earnings: Revenues exceed analysts expectations while EPS lags behind

Price target increased by 9.0% to LK₨78.50

Third quarter 2023 earnings released: EPS: LK₨1.64 (vs LK₨2.69 in 3Q 2022)

Hemas Holdings PLC Announces Board Appointments, Effective January 1, 2023

Hemas Holdings PLC Announces Executive Changes, Effective January 1, 2023

Second quarter 2023 earnings released: EPS: LK₨1.93 (vs LK₨1.58 in 2Q 2022)

Price target increased to LK₨74.25

Consensus revenue estimates increase by 11%

First quarter 2023 earnings released: EPS: LK₨1.81 (vs LK₨1.07 in 1Q 2022)

Upcoming dividend of LK₨1.95 per share

Hemas Holdings PLC, Annual General Meeting, Jun 28, 2022

Full year 2022 earnings: EPS and revenues miss analyst expectations

Price target decreased to LK₨79.08

Investor sentiment deteriorated over the past week

Third quarter 2022 earnings: EPS exceeds analyst expectations

Second quarter 2022 earnings released: EPS LK₨1.58 (vs LK₨2.33 in 2Q 2021)

Upcoming dividend of LK₨2.90 per share

Non-Executive Chairman recently bought LK₨180m worth of stock

Price target decreased to LK₨100

First quarter 2022 earnings released: EPS LK₨1.07 (vs LK₨0.45 in 1Q 2021)

Upcoming dividend of LK₨1.45 per share

Full year 2021 earnings released: EPS LK₨6.81 (vs LK₨2.07 in FY 2020)

Independent Director has left the company

New 90-day low: LK₨80.40

Third quarter 2021 earnings released: EPS LK₨2.30 (vs LK₨1.64 in 3Q 2020)

New 90-day high: LK₨105

New 90-day high: LK₨101

Eden Hotel Lanka PLC (COSE:EDEN.N0000) acquired 56.6% stake in Serendib Hotels PLC (COSE:SHOT.N0000) from Hemas Holdings PLC (COSE:HHL.N0000) for approximately LKR 790 million.

New 90-day high: LK₨90.00

Price target raised to LK₨80.90

New 90-day high: LK₨79.10

Second quarter 2021 earnings released: EPS LK₨2.16

Hemas Holdings PLC Announces Executive Changes

New 90-day high - LK₨65.10

First quarter earnings released

Revenue & Expenses Breakdown

Earnings and Revenue History

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Return on Equity

Return on Assets

Return on Capital Employed

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