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Menon Bearings - Quaterly Results

12 May 2022 Evaluate
A fair growth of 10.93% in the revenue at Rs. 516.06 millions was reported in the March 2022 quarter as compared to Rs. 465.22 millions during year-ago period.Profit saw a slight increase of 5.20%to Rs. 67.80  millions from Rs. 64.45 millions.Operating Profit saw a handsome growth to 115.02 millions from 111.20 millions in the quarter ended March 2022.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202203 202103 % Var 202203 202103 % Var 202203 202103 % Var
Sales 516.06 465.22 10.93 1953.96 1478.67 32.14 1953.96 1478.67 32.14
Other Income 5.29 10.27 -48.49 26.09 30.34 -14.01 26.09 30.34 -14.01
PBIDT 115.02 111.20 3.44 426.89 359.26 18.82 426.89 359.26 18.82
Interest 4.51 8.14 -44.59 25.91 35.71 -27.44 25.91 35.71 -27.44
PBDT 110.51 103.06 7.23 400.98 323.55 23.93 400.98 323.55 23.93
Depreciation 19.98 19.79 0.96 77.46 74.84 3.50 77.46 74.84 3.50
PBT 90.53 83.27 8.72 323.52 248.71 30.08 323.52 248.71 30.08
TAX 22.73 18.82 20.78 78.19 60.72 28.77 78.19 60.72 28.77
Deferred Tax -0.32 4.22 -107.58 -0.32 4.22 -107.58 -0.32 4.22 -107.58
PAT 67.80 64.45 5.20 245.33 187.99 30.50 245.33 187.99 30.50
Equity 56.04 56.04 0.00 56.04 56.04 0.00 56.04 56.04 0.00
PBIDTM(%) 22.29 23.90 -6.75 21.85 24.30 -10.08 21.85 24.30 -10.08
Peers
Company Name CMP
Schaeffler India 4005.30
Timken India 3205.30
SKF India 1538.30
NRB Bearings 534.75
Menon Bearings 295.50
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