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Fineotex Chemical - Quaterly Results

17 Jan 2022 Evaluate
An increase of about 90.35% to Rs. 783.67 millions in the topline was observed for the quarter ended December 2021. The topline stood at Rs. 411.70 millions during the similar quarter previous year.The company has announced a 27.76% increase in its profits to Rs . 157.44  millions for the  quarter ended December 2021 compared to Rs. 123.23 millions in the corresponding quarter in the previous year.The company reported a good operating profit of 220.97 millions compared to 174.87 millions of corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202112 202012 % Var 202112 202012 % Var 202103 202003 % Var
Sales 783.67 411.70 90.35 1794.61 815.13 120.16 1294.78 1288.54 0.48
Other Income 7.05 50.54 -86.05 54.19 138.98 -61.01 155.23 32.56 376.75
PBIDT 220.97 174.87 26.36 464.26 347.75 33.50 467.08 310.55 50.40
Interest 1.75 0.99 76.77 3.75 1.94 93.30 2.86 2.90 -1.38
PBDT 219.22 173.88 26.08 460.51 345.81 33.17 464.22 181.43 155.87
Depreciation 6.11 3.81 60.37 15.90 10.29 54.52 14.20 11.11 27.81
PBT 213.11 170.07 25.31 444.61 335.52 32.51 450.02 170.32 164.22
TAX 55.67 46.84 18.85 113.04 66.62 69.68 90.15 62.56 44.10
Deferred Tax 16.67 13.12 27.06 23.04 12.82 79.72 12.15 -7.34 -265.53
PAT 157.44 123.23 27.76 331.57 268.90 23.31 359.87 107.76 233.96
Equity 221.50 221.50 0.00 221.50 222.60 -0.49 221.50 222.60 -0.49
PBIDTM(%) 28.20 42.48 -33.62 25.87 42.66 -39.36 36.07 24.10 49.68
Peers
Company Name CMP
Godrej Industries 1103.20
SRF 2454.00
BASF India 3542.05
Pidilite Inds. 1522.00
Tata Chemicals 734.50
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