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Sreechem Resins - Quaterly Results

09 Nov 2022 Evaluate
The total revenue surged to Rs. 219.56 millions, up 152.40% for the September 2022 quarter as against Rs. 86.99 millions during the year-ago period.The company almost doubled its revenue to Rs. 2.60 millions  from Rs. 0.30 millions in the quarter ended September 2022.Operating profit for the quarter ended September 2022 rose to 5.60 millions as compared to 2.18 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 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 1112.00
SRF 2466.60
BASF India 3599.20
Pidilite Inds. 1555.70
Tata Chemicals 734.50
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