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Shalimar Paints - Quaterly Results

26 May 2022 Evaluate
A decrease in the sales to Rs. 1055.40 millions was observed for the quarter ended March 2022. The sales stood at Rs. 1117.40 millions during the similar quarter previous year.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 for the quarter ended March 2022 decreased to 23.20 millions as compared to 54.30 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 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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