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HP Adhesives - Quaterly Results

12 May 2022 Evaluate
The sales moved up 30.68% to Rs. 504.21 millions for the March 2022 quarter as compared to Rs. 385.85 millions during the year-ago period.A radical decline of -82.66% was reported in the net profit of the company for the quarter ended March 2022 to Rs. 6.93  millions from Rs. 39.97 millions.A decline of 23.37 millions was observed in the OP in the quarter ended March 2022 from 66.62 millions on QoQ basis.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202203 202103 % Var 202203 202103 % Var 202203 202103 % Var
Sales 504.21 385.85 30.68 1645.99 1181.62 39.30 1645.99 1181.62 39.30
Other Income 4.05 27.34 -85.19 28.28 57.18 -50.54 28.28 57.18 -50.54
PBIDT 23.37 66.62 -64.92 141.27 176.87 -20.13 141.27 176.87 -20.13
Interest 6.15 9.02 -31.82 31.34 25.53 22.76 31.34 25.53 22.76
PBDT 17.22 57.60 -70.10 109.93 151.34 -27.36 109.93 151.34 -27.36
Depreciation 6.89 4.47 54.14 28.40 19.03 49.24 28.40 19.03 49.24
PBT 10.33 53.13 -80.56 81.53 132.31 -38.38 81.53 132.31 -38.38
TAX 3.40 13.16 -74.16 21.46 31.71 -32.32 21.46 31.71 -32.32
Deferred Tax 2.01 6.36 -68.40 4.32 6.68 -35.33 4.32 6.68 -35.33
PAT 6.93 39.97 -82.66 60.07 100.60 -40.29 60.07 100.60 -40.29
Equity 183.75 130.00 41.35 183.75 130.00 41.35 183.75 130.00 41.35
PBIDTM(%) 4.63 17.27 -73.16 8.58 14.97 -42.66 8.58 14.97 -42.66
Peers
Company Name CMP
SRF 2507.70
BASF India 3692.20
Pidilite Inds. 1569.00
Tata Chemicals 610.30
Aarti Industries 504.45
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