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Indigo Paints - Quaterly Results

03 Nov 2022 Evaluate
The revenue for the September 2022 quarter is pegged at Rs. 2426.07 millions, about 23.71% up against Rs. 1961.10 millions recorded during the year-ago period.The Total revenue for the quarter ended September 2022 of  Rs. 370.88  millions  grew by 173.75% from Rs. 135.48 millions.Operating profit surged to 369.62 millions from the corresponding previous quarter of 264.26 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202209 202109 % Var 202209 202109 % Var 202203 202103 % Var
Sales 2426.07 1961.10 23.71 4665.99 3521.34 32.51 9059.75 7233.25 25.25
Other Income 31.90 30.49 4.62 36.77 60.71 -39.43 108.93 35.94 203.09
PBIDT 369.62 264.26 39.87 727.25 496.12 46.59 1468.77 1261.09 16.47
Interest 2.65 2.57 3.11 6.90 5.10 35.29 13.30 38.13 -65.12
PBDT 366.97 261.69 40.23 720.35 491.02 46.70 1455.47 1222.96 19.01
Depreciation 84.89 77.03 10.20 169.17 150.57 12.35 312.51 243.90 28.13
PBT 282.08 184.66 52.76 551.18 340.45 61.90 1142.96 979.06 16.74
TAX -88.80 49.18 -280.56 -18.82 88.91 -121.17 302.48 270.57 11.79
Deferred Tax 2.11 2.47 -14.57 -2.59 3.82 -167.80 14.74 23.52 -37.33
PAT 370.88 135.48 173.75 570.00 251.54 126.60 840.48 708.49 18.63
Equity 475.69 475.69 0.00 475.69 475.69 0.00 475.69 475.69 0.00
PBIDTM(%) 15.24 13.48 13.06 15.59 14.09 10.63 16.21 17.43 -7.01
Peers
Company Name CMP
Asian Paints 2406.25
Berger Paints India 452.30
Kansai Nerolac Paint 175.30
JSW Dulux 3020.75
Indigo Paints 1054.15
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