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Nikhil Adhesives - Quaterly Results

07 Feb 2023 Evaluate
The sales slipped to Rs. 1618.14 millions for the December 2022 quarter as against Rs. 2212.06 millions during the year-ago period.The Company to register a -50.17%  fall in the net profit for the quarter ended December 2022.Operating profit for the quarter ended December 2022 decreased to 72.92 millions as compared to 102.17 millions of corresponding quarter ended December 2021.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202212 202112 % Var 202212 202112 % Var 202203 202103 % Var
Sales 1618.14 2212.06 -26.85 5827.83 5957.69 -2.18 8137.37 4910.06 65.73
Other Income 0.89 1.48 -39.86 3.76 3.19 17.87 5.81 2.89 101.04
PBIDT 72.92 102.17 -28.63 262.74 328.59 -20.04 440.07 313.03 40.58
Interest 17.38 13.97 24.41 44.25 43.20 2.43 59.03 66.67 -11.46
PBDT 55.54 88.20 -37.03 218.49 285.39 -23.44 381.04 246.36 54.67
Depreciation 15.57 10.56 47.44 38.22 30.07 27.10 41.12 34.60 18.84
PBT 39.97 77.64 -48.52 180.27 255.32 -29.39 339.92 211.76 60.52
TAX 10.99 19.48 -43.58 46.17 63.95 -27.80 87.29 55.22 58.08
Deferred Tax 2.68 2.08 28.85 5.06 2.05 146.83 4.09 2.72 50.37
PAT 28.98 58.16 -50.17 134.10 191.37 -29.93 252.63 156.54 61.38
Equity 45.94 45.94 0.00 45.94 45.94 0.00 45.94 45.94 0.00
PBIDTM(%) 4.51 4.62 -2.43 4.51 5.52 -18.26 5.41 6.38 -15.17
Peers
Company Name CMP
Godrej Industries 1103.20
SRF 2454.00
BASF India 3542.05
Pidilite Inds. 1522.00
Tata Chemicals 734.50
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