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Welcast Steels - Quaterly Results

25 Jan 2022 Evaluate
The total revenue hovered 121.87% to Rs. 425.30 millions for the December 2021 quarter as against Rs. 191.69 millions during the corresponding quarter last year.Net Profit for the quarter ended December 2021 dipped to Rs. 6.67  millions from Rs. 27.49 millions  in the corresponding previous quarter. Operating profit Margin for the quarter ended December 2021 improved to 11.11% as compared to -0.62% of corresponding quarter ended December 2020


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202112 202012 % Var 202112 202012 % Var 202103 202003 % Var
Sales 425.30 191.69 121.87 631.60 732.59 -13.79 979.54 1500.15 -34.70
Other Income 1.31 1.04 25.96 2.71 2.65 2.26 4.59 8.13 -43.54
PBIDT 11.11 -0.62 -1891.94 3.82 11.62 -67.13 3.11 16.29 -80.91
Interest 1.27 0.23 452.17 1.57 2.21 -28.96 2.83 3.44 -17.73
PBDT 9.84 36.06 -72.71 2.25 9.41 -76.09 0.28 12.85 -97.82
Depreciation 3.35 3.85 -12.99 7.97 11.36 -29.84 14.30 13.35 7.12
PBT 6.49 32.21 -79.85 -5.72 -1.95 193.33 -14.02 -0.50 2704.00
TAX -0.18 4.72 -103.81 0.20 3.85 -94.81 4.18 2.12 97.17
Deferred Tax -0.18 4.72 -103.81 0.20 3.85 -94.81 4.18 2.65 57.74
PAT 6.67 27.49 -75.74 -5.92 -5.80 2.07 -18.20 -2.62 594.66
Equity 6.38 6.38 0.00 6.38 6.38 0.00 6.38 6.38 0.00
PBIDTM(%) 2.61 -0.32 -907.76 0.60 1.59 -61.87 0.32 1.09 -70.76
Peers
Company Name CMP
AIA Engineering 3920.55
Alicon Castalloy 729.70
Nelcast 118.55
PTC Industries 21791.30
Synergy Green Inds. 639.15
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