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Samrat Forgings Ltd. - Quaterly Results

11 Feb 2023 Evaluate
The sales surged to Rs. 396.25 millions, up 34.18% for the December 2022 quarter as against Rs. 295.32 millions during the corresponding quarter previous year.Net profit showed a marginal rise at Rs. 12.38 millions for the quarter ended December 2022, as compared to corresponding quarter of last year.Operating profit for the quarter ended December 2022 rose to 39.09 millions as compared to 35.96 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 396.25 295.32 34.18 1360.90 1060.61 28.31 1394.86 1177.14 18.50
Other Income 0.90 1.02 -11.76 1.46 3.34 -56.29 4.88 2.12 130.19
PBIDT 39.09 35.96 8.70 116.01 93.47 24.11 129.16 115.86 11.48
Interest 12.32 11.18 10.20 35.92 35.72 0.56 48.66 56.10 -13.26
PBDT 26.77 24.78 8.03 80.29 57.75 39.03 80.53 59.76 34.76
Depreciation 8.43 7.03 19.91 24.03 21.56 11.46 28.68 29.65 -3.27
PBT 18.34 17.75 3.32 56.26 36.19 55.46 51.85 30.11 72.20
TAX 5.96 5.63 5.86 18.13 11.14 62.75 16.22 7.60 113.42
Deferred Tax 3.05 2.09 45.93 5.95 1.59 274.21 3.27 -0.87 -475.86
PAT 12.38 12.12 2.15 38.13 25.05 52.22 35.63 22.51 58.29
Equity 50.00 50.00 0.00 50.00 50.00 0.00 50.00 50.00 0.00
PBIDTM(%) 9.86 12.18 -18.98 8.52 8.81 -3.27 9.26 9.84 -5.92
Peers
Company Name CMP
Bharat Forge 1940.00
Ramkrishna Forgings 710.70
MM Forgings 632.10
Happy Forgings 2167.15
Balu Forge Inds. 533.25
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