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Menon Bearings - Quaterly Results

20 Oct 2021 Evaluate
The sales surged to Rs. 485.21 millions, up 32.31% for the September 2021 quarter as against Rs. 366.71 millions during the corresponding quarter previous year.Good  Net Profit growth of 29.66% reported above the corresponding previous quarter figure of Rs. 45.34 millions to Rs. 58.79 millioins.Operating profit surged to 103.37 millions from the corresponding previous quarter of 89.35 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202109 202009 % Var 202109 202009 % Var 202103 202003 % Var
Sales 485.21 366.71 32.31 947.34 579.58 63.45 1478.67 1360.93 8.65
Other Income 4.61 6.34 -27.29 12.87 12.32 4.46 30.34 42.62 -28.81
PBIDT 103.37 89.35 15.69 214.28 144.52 48.27 359.26 310.51 15.70
Interest 6.80 9.29 -26.80 14.24 18.77 -24.13 35.71 45.67 -21.81
PBDT 96.57 80.06 20.62 200.04 125.75 59.08 323.55 264.84 22.17
Depreciation 19.24 18.44 4.34 38.13 36.51 4.44 74.84 68.78 8.81
PBT 77.33 61.62 25.49 161.91 89.24 81.43 248.71 196.06 26.85
TAX 18.54 16.28 13.88 37.43 22.66 65.18 60.72 52.08 16.59
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 4.22 1.85 128.11
PAT 58.79 45.34 29.66 124.48 66.58 86.96 187.99 143.98 30.57
Equity 56.04 56.04 0.00 56.04 56.04 0.00 56.04 56.04 0.00
PBIDTM(%) 21.30 24.37 -12.56 22.62 24.94 -9.29 24.30 22.82 6.49
Peers
Company Name CMP
Schaeffler India 4005.30
Timken India 3205.30
SKF India 1538.30
NRB Bearings 534.75
Menon Bearings 295.50
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