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Samrat Forgings Ltd. - Quaterly Results

18 May 2022 Evaluate
The sales is pegged at Rs. 334.25 millions for the March 2022 quarter. The mentioned figure indicates decline with the sales recorded at Rs. 391.02 millions during the year-ago period.Net profit showed a marginal rise at Rs. 10.56 millions for the quarter ended March 2022, as compared to corresponding quarter of last year.The company reported a good operating profit of 35.68 millions compared to 35.00 millions of corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202203 202103 % Var 202203 202103 % Var 202203 202103 % Var
Sales 334.25 391.02 -14.52 1394.86 1177.14 18.50 1394.86 1177.14 18.50
Other Income 1.54 1.30 18.46 4.88 2.12 130.19 4.88 2.12 130.19
PBIDT 35.68 35.00 1.94 129.16 115.86 11.48 129.16 115.86 11.48
Interest 12.94 14.20 -8.87 48.66 56.10 -13.26 48.66 56.10 -13.26
PBDT 22.77 20.80 9.47 80.53 59.76 34.76 80.53 59.76 34.76
Depreciation 7.12 7.29 -2.33 28.68 29.65 -3.27 28.68 29.65 -3.27
PBT 15.65 13.51 15.84 51.85 30.11 72.20 51.85 30.11 72.20
TAX 5.09 3.32 53.31 16.22 7.60 113.42 16.22 7.60 113.42
Deferred Tax 1.68 -0.32 -625.00 3.27 -0.87 -475.86 3.27 -0.87 -475.86
PAT 10.56 10.19 3.63 35.63 22.51 58.29 35.63 22.51 58.29
Equity 50.00 50.00 0.00 50.00 50.00 0.00 50.00 50.00 0.00
PBIDTM(%) 10.67 8.95 19.26 9.26 9.84 -5.92 9.26 9.84 -5.92
Peers
Company Name CMP
Bharat Forge 1940.00
Ramkrishna Forgings 710.70
MM Forgings 632.10
Happy Forgings 2167.15
Balu Forge Inds. 533.25
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