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Galaxy Bearings - Quaterly Results

21 May 2022 Evaluate
The total revenue for the March 2022 quarter zoomed 116.41% to Rs. 343.79 millions as compared to Rs. 158.86 millions during the year-ago period.The company almost doubled its revenue to Rs. 45.88 millions  from Rs. 20.20 millions in the quarter ended March 2022.OP of the company witnessed a marginal growth to 68.48 millions from 33.86 millions in the same quarter last year.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202203 202103 % Var 202203 202103 % Var 202203 202103 % Var
Sales 343.79 158.86 116.41 1040.88 626.71 66.09 1040.88 626.71 66.09
Other Income 8.65 -0.16 -5506.25 16.10 6.18 160.52 16.10 6.18 160.52
PBIDT 68.48 33.86 102.24 199.73 121.35 64.59 199.73 121.35 64.59
Interest 1.22 0.63 93.65 3.42 1.69 102.37 3.42 1.69 102.37
PBDT 67.26 33.23 102.41 196.31 119.66 64.06 196.31 119.66 64.06
Depreciation 4.74 5.59 -15.21 18.04 14.29 26.24 18.04 14.29 26.24
PBT 62.52 27.64 126.19 178.27 105.37 69.18 178.27 105.37 69.18
TAX 16.64 7.44 123.66 45.40 26.81 69.34 45.40 26.81 69.34
Deferred Tax 0.35 0.14 150.00 0.41 0.51 -19.61 0.41 0.51 -19.61
PAT 45.88 20.20 127.13 132.87 78.56 69.13 132.87 78.56 69.13
Equity 31.80 31.80 0.00 31.80 31.80 0.00 31.80 31.80 0.00
PBIDTM(%) 19.92 21.31 -6.55 19.19 19.36 -0.90 19.19 19.36 -0.90
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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