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Meghmani Finechem - Quaterly Results

19 Jan 2023 Evaluate
A decent increase of about 27.40% in the sales to Rs. 5378.42 millions was observed for the quarter ended December 2022. The sales figure stood at Rs. 4221.74 millions during the year-ago period.Net profit stood at Rs. 771.97  millions  compared to Rs. 697.34 millions in the corresponding previous quarter,high by 10.70%.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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