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HP Adhesives - Quaterly Results

11 Feb 2023 Evaluate
The Sales for the quarter ended December 2022 of Rs. 551.66 millions rose by 26.35% from Rs. 436.62 millions.Good  Net Profit growth of 44.33% reported above the corresponding previous quarter figure of Rs. 21.50 millions to Rs. 31.03 millioins.Operating profit for the quarter ended December 2022 rose to 60.91 millions as compared to 44.47 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 551.66 436.62 26.35 1751.32 1141.78 53.39 1645.99 1181.62 39.30
Other Income 3.97 2.07 91.79 23.49 24.24 -3.09 28.28 57.18 -50.54
PBIDT 60.91 44.47 36.97 143.24 117.91 21.48 141.27 176.87 -20.13
Interest 6.01 7.95 -24.40 18.65 25.20 -25.99 31.34 25.53 22.76
PBDT 47.87 36.52 31.08 111.18 92.71 19.92 109.93 151.34 -27.36
Depreciation 8.06 7.41 8.77 23.58 21.52 9.57 28.40 19.03 49.24
PBT 39.81 29.11 36.76 87.60 71.19 23.05 81.53 132.31 -38.38
TAX 8.78 7.61 15.37 17.74 18.69 -5.08 21.46 31.71 -32.32
Deferred Tax -0.87 -1.06 -17.92 0.39 2.31 -83.12 4.32 6.68 -35.33
PAT 31.03 21.50 44.33 69.86 52.50 33.07 60.07 100.60 -40.29
Equity 183.75 183.75 0.00 183.75 183.75 0.00 183.75 130.00 41.35
PBIDTM(%) 11.04 10.19 8.41 8.18 10.33 -20.80 8.58 14.97 -42.66
Peers
Company Name CMP
Godrej Industries 1021.20
SRF 2490.00
BASF India 3411.40
Pidilite Inds. 1470.00
Tata Chemicals 607.90
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