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SNL Bearings - Quaterly Results

03 Aug 2022 Evaluate
The revenue for the June 2022 quarter is pegged at Rs. 113.00 millions, about 11.11% up against Rs. 101.70 millions recorded during the year-ago period.Net profit declined -2.97% to Rs. 19.60 millions from Rs. 20.20 millions.The company reported a good operating profit of 30.30 millions compared to 30.30 millions of corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202206 202106 % Var 202206 202106 % Var 202203 202103 % Var
Sales 113.00 101.70 11.11 113.00 101.70 11.11 435.10 364.70 19.30
Other Income 1.00 2.60 -61.54 1.00 2.60 -61.54 11.00 7.40 48.65
PBIDT 30.30 30.30 0.00 30.30 30.30 0.00 131.90 94.40 39.72
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.10 0.80 -87.50
PBDT 30.30 30.30 0.00 30.30 30.30 0.00 131.80 93.60 40.81
Depreciation 3.80 3.20 18.75 3.80 3.20 18.75 14.20 10.00 42.00
PBT 26.50 27.10 -2.21 26.50 27.10 -2.21 117.60 83.60 40.67
TAX 6.90 6.90 0.00 6.90 6.90 0.00 29.30 21.70 35.02
Deferred Tax 0.30 0.20 50.00 0.30 0.20 50.00 1.80 0.20 800.00
PAT 19.60 20.20 -2.97 19.60 20.20 -2.97 88.30 61.90 42.65
Equity 36.10 36.10 0.00 36.10 36.10 0.00 36.10 36.10 0.00
PBIDTM(%) 26.81 29.79 -10.00 26.81 29.79 -10.00 30.31 25.88 17.12
Peers
Company Name CMP
Schaeffler India 3886.15
Timken India 3101.25
SKF India 1451.35
NRB Bearings 543.65
Menon Bearings 288.55
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