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Indigo Paints - Quaterly Results

11 Feb 2022 Evaluate
A decent increase of about 26.63% in the sales to Rs. 2654.62 millions was observed for the quarter ended December 2021. The sales figure stood at Rs. 2096.37 millions during the year-ago period.Net Profit recorded in the quarter ended December 2021 rise to 29.39% to Rs. 243.05  millions  compared to R. 187.84 millions in corresponding previous quarter.OP of the company witnessed a marginal growth to 409.91 millions from 326.82 millions in the same quarter last year.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202112 202012 % Var 202112 202012 % Var 202103 202003 % Var
Sales 2654.62 2096.37 26.63 6175.96 4690.56 31.67 7233.25 6247.92 15.77
Other Income 23.15 11.93 94.05 83.86 20.16 315.97 35.93 16.44 118.55
PBIDT 409.91 326.82 25.42 906.03 815.96 11.04 1261.09 926.31 36.14
Interest 2.87 9.02 -68.18 7.97 33.75 -76.39 38.13 55.95 -31.85
PBDT 407.04 317.80 28.08 898.06 782.21 14.81 1222.96 870.36 40.51
Depreciation 78.70 62.05 26.83 229.27 174.20 31.61 243.90 196.10 24.38
PBT 328.34 255.75 28.38 668.79 608.01 10.00 979.06 674.26 45.21
TAX 85.29 67.91 25.59 174.20 148.11 17.62 270.57 196.12 37.96
Deferred Tax 0.93 5.95 -84.37 4.75 -6.63 -171.64 23.52 48.99 -51.99
PAT 243.05 187.84 29.39 494.59 459.90 7.54 708.49 478.14 48.18
Equity 475.69 451.00 5.47 475.69 451.00 5.47 475.69 290.22 63.91
PBIDTM(%) 15.44 15.59 -0.95 14.67 17.40 -15.67 17.43 14.83 17.60
Peers
Company Name CMP
Asian Paints 2272.00
Berger Paints India 462.00
Kansai Nerolac Paint 180.65
JSW Dulux 280.10
Indigo Paints 1012.25
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