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Menon Bearings - Quaterly Results

20 Oct 2022 Evaluate
The revenue for the September 2022 quarter is pegged at Rs. 514.25 millions, about 5.99% up against Rs. 485.21 millions recorded during the year-ago period.Profit saw a slight increase of 17.33%to Rs. 68.98  millions from Rs. 58.79 millions.Operating profit surged to 119.71 millions from the corresponding previous quarter of 103.37 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202209 202109 % Var 202209 202109 % Var 202203 202103 % Var
Sales 514.25 485.21 5.99 1134.22 947.34 19.73 1953.96 1478.67 32.14
Other Income 10.73 4.61 132.75 20.49 12.87 59.21 26.09 30.34 -14.01
PBIDT 119.71 103.37 15.81 262.41 214.28 22.46 426.89 359.26 18.82
Interest 8.13 6.80 19.56 14.32 14.24 0.56 25.91 35.71 -27.44
PBDT 111.58 96.57 15.54 248.09 200.04 24.02 400.98 323.55 23.93
Depreciation 20.06 19.24 4.26 39.68 38.13 4.07 77.46 74.84 3.50
PBT 91.52 77.33 18.35 208.41 161.91 28.72 323.52 248.71 30.08
TAX 22.54 18.54 21.57 51.72 37.43 38.18 78.19 60.72 28.77
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 -0.32 4.22 -107.58
PAT 68.98 58.79 17.33 156.69 124.48 25.88 245.33 187.99 30.50
Equity 56.04 56.04 0.00 56.04 56.04 0.00 56.04 56.04 0.00
PBIDTM(%) 23.28 21.30 9.27 23.14 22.62 2.28 21.85 24.30 -10.08
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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