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Fineotex Chemical - Quaterly Results

04 Nov 2022 Evaluate
A decent increase of about 27.52% in the sales to Rs. 762.87 millions was observed for the quarter ended September 2022. The sales figure stood at Rs. 598.22 millions during the year-ago period.The Company has registered profit of Rs. 119.74  millions for the quarter ended September 2022, a growth of 16.41%  over Rs. 102.86 millions millions achieved in the corresponding quarter of last year.OP of the company witnessed a marginal growth to 164.72 millions from 147.80 millions in the same quarter last year.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202209 202109 % Var 202209 202109 % Var 202203 202103 % Var
Sales 762.87 598.22 27.52 1368.30 1010.94 35.35 2500.79 1294.78 93.14
Other Income 22.29 18.52 20.36 73.40 47.14 55.71 61.39 155.23 -60.45
PBIDT 164.72 147.80 11.45 313.60 243.29 28.90 595.24 467.40 27.35
Interest 1.91 0.92 107.61 2.43 2.00 21.50 5.13 3.17 61.83
PBDT 162.81 146.88 10.85 311.17 241.29 28.96 590.11 464.23 27.12
Depreciation 7.98 4.96 60.89 15.83 9.79 61.70 22.54 14.20 58.73
PBT 154.83 141.92 9.10 295.34 231.50 27.58 567.57 450.03 26.12
TAX 35.09 39.06 -10.16 61.21 57.37 6.69 127.77 90.15 41.73
Deferred Tax 2.09 4.06 -48.52 2.21 6.37 -65.31 3.92 12.15 -67.74
PAT 119.74 102.86 16.41 234.13 174.13 34.46 439.80 359.88 22.21
Equity 221.50 221.50 0.00 221.50 221.50 0.00 221.50 221.50 0.00
PBIDTM(%) 21.59 24.71 -12.61 22.92 24.07 -4.76 23.80 36.10 -34.06
Peers
Company Name CMP
Godrej Industries 1103.20
SRF 2454.00
BASF India 3542.05
Pidilite Inds. 1522.00
Tata Chemicals 734.50
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