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NRB Industrial - Quaterly Results

09 Feb 2023 Evaluate
A fair growth of 22.58% in the revenue at Rs. 223.09 millions was reported in the December 2022 quarter as compared to Rs. 181.99 millions during year-ago period.The Net Loss for the quarter ended December 2022 is Rs. -19.12 millions as compared to Net Loss of Rs. -30.24 millions of corresponding quarter ended December 2021Operating profit for the quarter ended December 2022 rose to 28.49 millions as compared to 13.23 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 223.09 181.99 22.58 589.13 494.62 19.11 694.43 564.09 23.11
Other Income 7.34 1.41 420.57 12.83 7.39 73.61 12.84 13.46 -4.61
PBIDT 28.49 13.23 115.34 45.39 41.77 8.67 71.22 74.08 -3.86
Interest 24.64 20.75 18.75 70.60 58.88 19.90 78.33 71.52 9.52
PBDT 3.85 -7.52 -151.20 -25.21 -17.11 47.34 -7.11 131.40 -105.41
Depreciation 22.97 22.72 1.10 68.70 67.94 1.12 91.12 89.20 2.15
PBT -19.12 -30.24 -36.77 -93.91 -85.05 10.42 -98.23 42.20 -332.77
TAX 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT -19.12 -30.24 -36.77 -93.91 -85.05 10.42 -98.23 42.20 -332.77
Equity 48.46 48.46 0.00 48.46 48.46 0.00 48.46 48.46 0.00
PBIDTM(%) 12.77 7.27 75.67 7.70 8.44 -8.77 10.26 13.13 -21.91
Peers
Company Name CMP
Schaeffler India 3517.40
Timken India 3059.25
SKF India 1426.30
NRB Bearings 429.15
Menon Bearings 339.75
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