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NRB Bearings - Quaterly Results

06 Aug 2022 Evaluate
The Revenue for the quarter ended  June 2022 of Rs. 2355.50 millions grew by 20.94 % from Rs. 1947.60 millions.Profit after tax for the quarter ended June 2022 reported a huge growth of 66.79% to Rs. 230.50  millions from Rs. 138.20 millions.Operating profit surged to 424.80 millions from the corresponding previous quarter of 294.60 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202206 202106 % Var 202206 202106 % Var 202203 202103 % Var
Sales 2355.50 1947.60 20.94 2355.50 1947.60 20.94 9138.40 7358.90 24.18
Other Income 33.70 81.40 -58.60 33.70 81.40 -58.60 150.50 120.00 25.42
PBIDT 424.80 294.60 44.20 424.80 294.60 44.20 1450.10 993.00 46.03
Interest 30.50 34.10 -10.56 30.50 34.10 -10.56 154.40 205.20 -24.76
PBDT 394.30 260.50 51.36 394.30 260.50 51.36 1256.40 787.80 59.48
Depreciation 84.20 77.80 8.23 84.20 77.80 8.23 326.20 266.70 22.31
PBT 310.10 182.70 69.73 310.10 182.70 69.73 930.20 521.10 78.51
TAX 79.60 44.50 78.88 79.60 44.50 78.88 228.80 83.80 173.03
Deferred Tax -5.70 -1.40 307.14 -5.70 -1.40 307.14 1.00 -5.10 -119.61
PAT 230.50 138.20 66.79 230.50 138.20 66.79 701.40 437.30 60.39
Equity 193.80 193.80 0.00 193.80 193.80 0.00 193.80 193.80 0.00
PBIDTM(%) 18.03 15.13 19.23 18.03 15.13 19.23 15.87 13.49 17.60
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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