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Shalimar Paints - Quaterly Results

26 May 2022 Evaluate
The sales for the March 2022 quarter moved down to Rs. 1055.40 millions as compared to Rs. 1117.40 millions during the year-ago period.The Net Loss for the quarter ended March 2022 is Rs. -126.00 millions as compared to Net Loss of Rs. -284.50 millions of corresponding quarter ended March 2021Operating Profit reported a sharp decline to 23.20 millions from 54.30 millions in the corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202203 202103 % Var 202203 202103 % Var 202203 202103 % Var
Sales 1055.40 1117.40 -5.55 3581.00 3255.60 10.00 3581.00 3255.60 10.00
Other Income 21.40 67.40 -68.25 50.10 72.80 -31.18 50.10 72.80 -31.18
PBIDT 23.20 54.30 -57.27 -174.80 109.10 -260.22 -174.80 109.10 -260.22
Interest 56.80 51.70 9.86 221.70 190.40 16.44 221.70 190.40 16.44
PBDT -93.00 2.60 -3676.92 -504.10 -101.30 397.63 -504.10 -101.30 397.63
Depreciation 33.00 33.30 -0.90 134.40 133.00 1.05 134.40 133.00 1.05
PBT -126.00 -30.70 310.42 -638.50 -234.30 172.51 -638.50 -234.30 172.51
TAX 0.00 253.80 0.00 0.00 260.80 0.00 0.00 260.80 0.00
Deferred Tax 0.00 253.80 0.00 0.00 260.80 0.00 0.00 260.80 0.00
PAT -126.00 -284.50 -55.71 -638.50 -495.10 28.96 -638.50 -495.10 28.96
Equity 144.40 108.60 32.97 144.40 108.60 32.97 144.40 108.60 32.97
PBIDTM(%) 2.20 4.86 -54.76 -4.88 3.35 -245.66 -4.88 3.35 -245.66
Peers
Company Name CMP
Asian Paints 2453.15
Berger Paints India 456.95
Kansai Nerolac Paint 182.20
JSW Dulux 3161.10
Indigo Paints 1135.00
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