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Smiths & Founders - Quaterly Results

10 Aug 2022 Evaluate
A decrease in the sales to Rs. 23.75 millions was observed for the quarter ended June 2022. The sales stood at Rs. 25.70 millions during the similar quarter previous year.The Net Profit of the company slipped to Rs. 0.99 millions from Rs. 2.18 millions, a decline of -54.59% on QoQ basis.The Operating Profit of the company witnessed a decrease to 2.21 millions from 3.79 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202206 202106 % Var 202206 202106 % Var 202203 202103 % Var
Sales 23.75 25.70 -7.59 23.75 25.70 -7.59 110.31 88.20 25.07
Other Income 0.10 0.12 -16.67 0.10 0.12 -16.67 2.70 4.39 -38.50
PBIDT 2.21 3.79 -41.69 2.21 3.79 -41.69 20.35 13.49 50.85
Interest 0.61 1.00 -39.00 0.61 1.00 -39.00 3.42 4.18 -18.18
PBDT 1.60 2.79 -42.65 1.60 2.79 -42.65 16.93 9.31 81.85
Depreciation 0.61 0.61 0.00 0.61 0.61 0.00 2.44 2.48 -1.61
PBT 0.99 2.18 -54.59 0.99 2.18 -54.59 14.49 6.83 112.15
TAX 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT 0.99 2.18 -54.59 0.99 2.18 -54.59 14.49 6.83 112.15
Equity 102.00 102.00 0.00 102.00 102.00 0.00 102.00 102.00 0.00
PBIDTM(%) 9.31 14.75 -36.90 9.31 14.75 -36.90 18.45 15.29 20.62
Peers
Company Name CMP
Bharat Forge 2013.15
Ramkrishna Forgings 718.00
MM Forgings 617.50
Happy Forgings 2101.40
Balu Forge Inds. 500.10
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