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Galaxy Bearings - Quaterly Results

21 May 2022 Evaluate
The total revenue stands at Rs. 343.79 millions for the March 2022 quarter. The mentioned figure indicates an increase of about 116.41% as against Rs. 158.86 millions during  the year-ago period.The Net Profit of the company reported a remarkable increase of 127.13% to Rs. 45.88  millions  from Rs. 20.20 millions in previous same quarter.Operating profit for the quarter ended March 2022 rose to 68.48 millions as compared to 33.86 millions of corresponding quarter ended March 2021.


(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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