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Indigo Paints - Quaterly Results

03 Nov 2022 Evaluate
A fair growth of 23.71% in the revenue at Rs. 2426.07 millions was reported in the September 2022 quarter as compared to Rs. 1961.10 millions during year-ago period.The company almost doubled its revenue to Rs. 370.88 millions  from Rs. 135.48 millions in the quarter ended September 2022.Operating profit for the quarter ended September 2022 rose to 369.62 millions as compared to 264.26 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 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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