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SNL Bearings - Quaterly Results

09 Feb 2023 Evaluate
A fair growth of 10.55% in the revenue at Rs. 113.20 millions was reported in the December 2022 quarter as compared to Rs. 102.40 millions during year-ago period.The Company has registered profit of Rs. 20.20  millions for the quarter ended December 2022, a growth of 6.32%  over Rs. 19.00 millions millions achieved in the corresponding quarter of last year.Operating profit surged to 30.30 millions from the corresponding previous quarter of 28.70 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202212 202112 % Var 202212 202112 % Var 202203 202103 % Var
Sales 113.20 102.40 10.55 365.40 328.30 11.30 435.10 364.70 19.30
Other Income 2.70 2.60 3.85 8.30 8.20 1.22 11.00 7.40 48.65
PBIDT 30.30 28.70 5.57 100.30 103.30 -2.90 131.90 94.40 39.72
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.10 0.80 -87.50
PBDT 30.30 28.70 5.57 100.30 103.30 -2.90 131.80 93.60 40.81
Depreciation 3.80 3.70 2.70 11.30 10.40 8.65 14.20 10.00 42.00
PBT 26.50 25.00 6.00 89.00 92.90 -4.20 117.60 83.60 40.67
TAX 6.30 6.00 5.00 22.40 23.40 -4.27 29.30 21.70 35.02
Deferred Tax 0.10 0.30 -66.67 0.50 0.90 -44.44 1.80 0.20 800.00
PAT 20.20 19.00 6.32 66.60 69.50 -4.17 88.30 61.90 42.65
Equity 36.10 36.10 0.00 36.10 36.10 0.00 36.10 36.10 0.00
PBIDTM(%) 26.77 28.03 -4.50 27.45 31.47 -12.76 30.31 25.88 17.12
Peers
Company Name CMP
Schaeffler India 3886.15
Timken India 3101.25
SKF India 1451.35
NRB Bearings 543.65
Menon Bearings 288.55
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