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Sreechem Resins - Quaterly Results

09 Nov 2022 Evaluate
The total revenue stands at Rs. 219.56 millions for the September 2022 quarter. The mentioned figure indicates an increase of about 152.40% as against Rs. 86.99 millions during  the year-ago period.The Net Profit of the company vaulted to 766.67% to Rs. 2.60  millions from Rs. 0.30 millions in the previous quarter.Operating Profit saw a handsome growth to 5.60 millions from 2.18 millions in the quarter ended September 2022.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202209 202109 % Var 202209 202109 % Var 202203 202103 % Var
Sales 219.56 86.99 152.40 602.48 230.05 161.89 725.26 344.65 110.43
Other Income 0.06 0.02 200.00 0.14 0.07 100.00 0.47 0.61 -22.95
PBIDT 5.60 2.18 156.88 35.00 7.50 366.67 51.04 30.12 69.46
Interest 2.08 1.15 80.87 4.41 2.41 82.99 6.48 3.73 73.73
PBDT 3.52 1.03 241.75 30.59 5.09 500.98 44.56 26.39 68.85
Depreciation 0.92 0.73 26.03 1.79 1.34 33.58 3.42 2.31 48.05
PBT 2.60 0.30 766.67 28.80 3.75 668.00 41.14 24.08 70.85
TAX 0.00 0.00 0.00 0.00 0.00 0.00 10.52 5.53 90.24
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.52 0.93 -44.09
PAT 2.60 0.30 766.67 28.80 3.75 668.00 30.62 18.55 65.07
Equity 40.00 40.00 0.00 40.00 40.00 0.00 40.00 40.00 0.00
PBIDTM(%) 2.55 2.51 1.78 5.81 3.26 78.19 7.04 8.74 -19.47
Peers
Company Name CMP
Godrej Industries 1111.00
SRF 2468.70
BASF India 3611.80
Pidilite Inds. 1554.80
Tata Chemicals 734.50
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