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Menon Bearings - Quaterly Results

19 Jan 2023 Evaluate
The Total revenue for the quarter ended December 2022 of  Rs. 496.50 millions remain, more or less, the same.Good  Net Profit growth of 46.10% reported above the corresponding previous quarter figure of Rs. 53.04 millions to Rs. 77.49 millioins.Operating Profit saw a handsome growth to 131.68 millions from 97.59 millions in the quarter ended December 2022.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202212 202112 % Var 202212 202112 % Var 202203 202103 % Var
Sales 496.50 490.56 1.21 1630.72 1437.90 13.41 1953.96 1478.67 32.14
Other Income 6.75 7.93 -14.88 27.24 20.80 30.96 26.09 30.34 -14.01
PBIDT 131.68 97.59 34.93 394.09 311.87 26.36 426.89 359.26 18.82
Interest 8.03 7.16 12.15 22.35 21.40 4.44 25.91 35.71 -27.44
PBDT 123.65 90.43 36.74 371.74 290.47 27.98 400.98 323.55 23.93
Depreciation 20.52 19.36 5.99 60.20 57.49 4.71 77.46 74.84 3.50
PBT 103.13 71.07 45.11 311.54 232.98 33.72 323.52 248.71 30.08
TAX 25.64 18.03 42.21 77.36 55.46 39.49 78.19 60.72 28.77
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 -0.32 4.22 -107.58
PAT 77.49 53.04 46.10 234.18 177.52 31.92 245.33 187.99 30.50
Equity 56.04 56.04 0.00 56.04 56.04 0.00 56.04 56.04 0.00
PBIDTM(%) 26.52 19.89 33.32 24.17 21.69 11.42 21.85 24.30 -10.08
Peers
Company Name CMP
Schaeffler India 4005.30
Timken India 3205.30
SKF India 1538.30
NRB Bearings 534.75
Menon Bearings 295.50
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