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Balu Forge Industrie - Quaterly Results

14 Feb 2022 Evaluate
The Top line for the quarter ended December 2021 of Rs. 803.90 millions up 87.84% from Rs. 427.96 millions.Net Profit witnessed a 477.43% growth almost the double from Rs. 14.93 millions to Rs. 86.21  millions  of same quarter last year.OP of the company witnessed a marginal growth to 132.31 millions from 39.01 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 803.90 427.96 87.84 2027.68 427.96 373.80 1420.85 2.04 69549.51
Other Income 8.52 0.32 2562.50 33.29 0.37 8897.30 52.48 0.07 74871.43
PBIDT 132.31 39.01 239.17 304.42 30.41 901.05 174.91 0.70 24887.14
Interest 14.37 13.75 4.51 35.35 13.75 157.09 66.07 0.00 0.00
PBDT 117.94 25.26 366.90 269.07 16.66 1515.07 108.84 0.70 15448.57
Depreciation 2.02 1.45 39.31 7.73 1.45 433.10 11.45 0.00 0.00
PBT 115.92 23.81 386.85 261.34 15.21 1618.21 97.39 0.70 13812.86
TAX 29.71 8.88 234.57 66.03 8.88 643.58 21.20 0.29 7210.34
Deferred Tax 0.71 0.73 -2.74 3.54 0.73 384.93 -1.30 0.18 -822.22
PAT 86.21 14.93 477.43 195.31 6.33 2985.47 76.19 0.41 18482.93
Equity 741.65 686.15 8.09 741.65 686.15 8.09 686.15 3.50 19504.29
PBIDTM(%) 16.46 9.12 80.56 15.01 7.11 111.28 12.31 34.31 -64.12
Peers
Company Name CMP
Bharat Forge 2004.05
Ramkrishna Forgings 707.40
MM Forgings 610.20
Happy Forgings 2091.05
Balu Forge Inds. 499.45
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