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Ritesh International - Quaterly Results

18 May 2022 Evaluate
The topline advanced to Rs. 471.37 millions, up 94.26% for the March 2022 quarter as against Rs. 242.65 millions during the year-ago period.The Net Profit of the company vaulted to 661.27% to Rs. 21.62  millions from Rs. 2.84 millions in the previous quarter.The company reported a good operating profit of 31.06 millions compared to 5.51 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 471.37 242.65 94.26 1404.66 748.81 87.59 1404.66 748.81 87.59
Other Income 0.14 0.00 0.00 0.58 0.15 286.67 0.58 0.15 286.67
PBIDT 31.06 5.51 463.70 56.87 28.01 103.03 56.87 28.01 103.03
Interest 1.22 0.72 69.44 4.67 2.55 83.14 4.67 2.55 83.14
PBDT 29.84 4.79 522.96 50.30 25.46 97.56 50.30 25.46 97.56
Depreciation 1.22 1.20 1.67 4.92 4.39 12.07 4.92 4.39 12.07
PBT 28.62 3.59 697.21 45.38 21.07 115.38 45.38 21.07 115.38
TAX 7.00 0.75 833.33 9.70 0.75 1193.33 9.70 0.75 1193.33
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT 21.62 2.84 661.27 35.68 20.32 75.59 35.68 20.32 75.59
Equity 85.53 85.53 0.00 85.53 85.53 0.00 85.53 85.53 0.00
PBIDTM(%) 6.59 2.27 190.18 4.05 3.74 8.24 4.05 3.74 8.24
Peers
Company Name CMP
Godrej Industries 1103.75
SRF 2541.50
BASF India 3532.50
Pidilite Inds. 1530.90
Tata Chemicals 660.65
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