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SIRCA Paints India - Quaterly Results

25 Jan 2023 Evaluate
A fair growth of 22.58% in the revenue at Rs. 652.15 millions was reported in the December 2022 quarter as compared to Rs. 532.01 millions during year-ago period.The Company has registered profit of Rs. 105.32  millions for the quarter ended December 2022, a growth of 14.93%  over Rs. 91.64 millions millions achieved in the corresponding quarter of last year.Operating profit surged to 150.38 millions from the corresponding previous quarter of 134.09 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202212 202112 % Var 202212 202112 % Var 202203 202103 % Var
Sales 652.15 532.01 22.58 1994.76 1459.26 36.70 2000.25 1431.84 39.70
Other Income 9.68 13.59 -28.77 37.21 35.81 3.91 44.01 141.45 -68.89
PBIDT 150.38 134.09 12.15 523.13 319.24 63.87 421.59 263.28 60.13
Interest 0.15 0.23 -34.78 0.37 0.65 -43.08 0.78 1.04 -25.00
PBDT 150.23 133.86 12.23 522.76 318.59 64.09 420.81 262.24 60.47
Depreciation 8.67 11.89 -27.08 31.56 29.70 6.26 41.27 36.36 13.50
PBT 141.56 121.97 16.06 491.20 288.89 70.03 379.54 225.88 68.03
TAX 36.24 30.33 19.49 124.96 73.51 69.99 102.27 59.83 70.93
Deferred Tax 0.68 -0.22 -409.09 1.37 -1.03 -233.01 6.26 -1.74 -459.77
PAT 105.32 91.64 14.93 366.24 215.38 70.04 277.27 166.05 66.98
Equity 274.04 274.04 0.00 274.04 274.04 0.00 274.04 274.04 0.00
PBIDTM(%) 23.06 25.20 -8.51 26.23 21.88 19.88 21.08 18.39 14.63
Peers
Company Name CMP
Asian Paints 2415.30
Berger Paints India 453.05
Kansai Nerolac Paint 177.55
JSW Dulux 3179.15
Indigo Paints 1107.25
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