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Meghmani Finechem - Quaterly Results

19 Jan 2023 Evaluate
The sales for the December 2022 quarter moved up 27.40% to Rs. 5378.42 millions as compared to Rs. 4221.74 millions during the corresponding quarter last year.The Company has registered profit of Rs. 771.97  millions for the quarter ended December 2022, a growth of 10.70%  over Rs. 697.34 millions millions achieved in the corresponding quarter of last year.Operating profit surged to 1662.67 millions from the corresponding previous quarter of 1410.71 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202212 202112 % Var 202212 202112 % Var 202203 202103 % Var
Sales 5378.42 4221.74 27.40 16262.22 10521.45 54.56 15509.41 8286.00 87.18
Other Income -2.61 -2.96 -11.82 34.45 21.40 60.98 41.11 21.89 87.80
PBIDT 1662.67 1410.71 17.86 5377.30 3365.21 59.79 5135.97 2635.17 94.90
Interest 210.31 103.56 103.08 465.14 324.55 43.32 442.70 291.14 52.06
PBDT 1452.36 1307.15 11.11 4912.16 3040.66 61.55 4693.27 2344.03 100.22
Depreciation 308.39 218.15 41.37 788.24 648.42 21.56 859.06 735.45 16.81
PBT 1143.97 1089.00 5.05 4123.92 2392.24 72.39 3834.21 1608.58 138.36
TAX 372.00 391.66 -5.02 1358.34 855.26 58.82 1306.36 600.19 117.66
Deferred Tax 165.14 192.59 -14.25 616.09 416.52 47.91 609.63 318.51 91.40
PAT 771.97 697.34 10.70 2765.58 1536.98 79.94 2527.85 1008.39 150.68
Equity 415.50 415.50 0.00 415.50 415.53 -0.01 415.50 415.53 -0.01
PBIDTM(%) 30.91 33.42 -7.49 33.07 31.98 3.38 33.12 31.80 4.13
Peers
Company Name CMP
Godrej Industries 1103.75
SRF 2540.55
BASF India 3529.00
Pidilite Inds. 1533.55
Tata Chemicals 661.80
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