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Menon Bearings - Quaterly Results

20 Oct 2021 Evaluate
The sales figure stood at Rs. 485.21 millions for the September 2021 quarter. The mentioned figure indicates a growth of about 32.31% as compared to Rs. 366.71 millions during the year-ago period.The company has announced a 29.66% increase in its profits to Rs . 58.79  millions for the  quarter ended September 2021 compared to Rs. 45.34 millions in the corresponding quarter in the previous year.Operating Profit saw a handsome growth to 103.37 millions from 89.35 millions in the quarter ended September 2021.


(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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