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Mercantile Ventures - Quaterly Results

04 Nov 2022 Evaluate
A decent increase of about 31.21% in the sales to Rs. 47.89 millions was observed for the quarter ended September 2022. The sales figure stood at Rs. 36.50 millions during the year-ago period.Profit after Tax for the quarter ended September 2022 saw a decline of -31.51% from Rs. 18.31 millions to Rs. 12.54  millions.A decline of 19.69 millions was observed in the OP in the quarter ended September 2022 from 27.20 millions on QoQ basis.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202209 202109 % Var 202209 202109 % Var 202203 202103 % Var
Sales 47.89 36.50 31.21 90.45 73.22 23.53 146.14 154.76 -5.57
Other Income 10.99 20.30 -45.86 27.86 33.58 -17.03 74.83 74.68 0.20
PBIDT 19.69 27.20 -27.61 43.63 46.85 -6.87 99.87 106.13 -5.90
Interest 0.59 0.55 7.27 1.27 1.06 19.81 2.13 1.92 10.94
PBDT 19.10 26.65 -28.33 42.36 45.79 -7.49 97.74 104.21 -6.21
Depreciation 2.38 2.38 0.00 4.76 4.76 0.00 9.52 9.74 -2.26
PBT 16.72 24.27 -31.11 37.60 41.03 -8.36 88.22 94.47 -6.62
TAX 4.18 5.96 -29.87 9.46 11.30 -16.28 23.44 24.50 -4.33
Deferred Tax -0.96 -1.17 -17.95 -1.91 -0.89 114.61 -2.48 -2.78 -10.79
PAT 12.54 18.31 -31.51 28.14 29.73 -5.35 64.78 69.97 -7.42
Equity 1119.18 1119.18 0.00 1119.18 1119.18 0.00 1119.18 1119.18 0.00
PBIDTM(%) 41.12 74.52 -44.83 48.24 63.99 -24.61 68.34 68.58 -0.35
Peers
Company Name CMP
Sagility 44.75
Prime Focus 314.45
Knowledge RealtyTrt. 113.71
Indegene 609.55
Syngene Internatl. 378.20
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