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Rolex Rings - Quaterly Results

09 Nov 2022 Evaluate
A fair growth of 12.08% in the revenue at Rs. 2897.12 millions was reported in the September 2022 quarter as compared to Rs. 2584.93 millions during year-ago period.The Profit  for the quarter ended September 2022 of  Rs. 491.79  millions  grew by 50.44% from Rs. 326.90 millions.The company reported a good operating profit of 691.06 millions compared to 580.87 millions of corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202209 202109 % Var 202209 202109 % Var 202203 202103 % Var
Sales 2897.12 2584.93 12.08 5764.91 4858.57 18.65 10167.05 6163.32 64.96
Other Income 54.23 9.39 477.53 122.83 46.83 162.29 114.24 34.25 233.55
PBIDT 691.06 580.87 18.97 1399.89 1155.95 21.10 2403.40 1122.93 114.03
Interest 20.45 60.62 -66.27 58.63 127.68 -54.08 204.29 116.99 74.62
PBDT 670.61 520.25 28.90 1341.26 1028.27 30.44 2199.11 1005.94 118.61
Depreciation 65.58 64.23 2.10 128.58 126.76 1.44 255.51 254.09 0.56
PBT 605.03 456.02 32.68 1212.68 901.51 34.52 1943.60 751.85 158.51
TAX 113.24 129.12 -12.30 223.73 271.43 -17.57 624.81 -117.70 -630.85
Deferred Tax -40.74 -22.38 82.04 -84.87 -33.68 151.99 -41.38 -248.12 -83.32
PAT 491.79 326.90 50.44 988.95 630.08 56.96 1318.79 869.55 51.66
Equity 272.33 272.33 0.00 272.33 272.33 0.00 272.33 239.81 13.56
PBIDTM(%) 23.85 22.47 6.15 24.28 23.79 2.06 23.64 18.22 29.75
Peers
Company Name CMP
Schaeffler India 4065.25
Timken India 3277.00
SKF India 1545.70
NRB Bearings 536.70
Menon Bearings 304.60
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