Highnoon Laboratories Limited (HINOON): Corporate analyst briefing takeaways - By JS Research
<p></p><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Highnoon Laboratories Limited (HINOON) conducted it’s corporate briefing today to discuss the CY24 results
and outlook. To recall, the company reported earnings of Rs3.25bn, up 35%YoY, translating into an EPS of
Rs61.41 during CY24. We present key highlights from the session.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">HINOON reported a topline of Rs23bn, up 19% YoY during CY24
driven by higher volumetric growth coupled with price increases.
Likewise, gross margin went up by 3ppt YoY to 51% during the year.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">The company posted a 3-year volumetric CAGR of 7.3%,
outperforming the industry growth o...
