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Menon Bearings - Quaterly Results

20 Oct 2022 Evaluate
The revenue zoomed 5.99% to Rs. 514.25 millions for the quarter ended September 2022 as compared to Rs. 485.21 millions during the corresponding quarter last year.Net profit stood at Rs. 68.98  millions  compared to Rs. 58.79 millions in the corresponding previous quarter,high by 17.33%.Operating profit for the quarter ended September 2022 rose to 119.71 millions as compared to 103.37 millions of corresponding quarter ended September 2021.


(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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