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Smiths & Founders - Quaterly Results

09 Feb 2023 Evaluate
A fair growth of 8.63% in the revenue at Rs. 26.56 millions was reported in the December 2022 quarter as compared to Rs. 24.45 millions during year-ago period.Net profit was down at Rs. 0.67  millions against Rs. 5.59 millions recorded in the corresponding quarter a year ago.The net profit spiraled down by -88.01%.Operating profit for the quarter ended December 2022 decreased to 1.96 millions as compared to 6.93 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 26.56 24.45 8.63 77.45 83.25 -6.97 110.31 88.20 25.07
Other Income 0.03 2.33 -98.71 0.13 2.51 -94.82 2.70 4.39 -38.50
PBIDT 1.96 6.93 -71.72 6.11 16.65 -63.30 20.35 13.49 50.85
Interest 0.68 0.70 -2.86 1.87 2.54 -26.38 3.42 4.18 -18.18
PBDT 1.28 6.23 -79.45 4.24 14.11 -69.95 16.93 9.31 81.85
Depreciation 0.61 0.64 -4.69 1.83 1.87 -2.14 2.44 2.48 -1.61
PBT 0.67 5.59 -88.01 2.41 12.24 -80.31 14.49 6.83 112.15
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 0.67 5.59 -88.01 2.41 12.24 -80.31 14.49 6.83 112.15
Equity 102.00 102.00 0.00 102.00 102.00 0.00 102.00 102.00 0.00
PBIDTM(%) 7.38 28.34 -73.96 7.89 20.00 -60.56 18.45 15.29 20.62
Peers
Company Name CMP
Bharat Forge 2013.15
Ramkrishna Forgings 718.00
MM Forgings 617.50
Happy Forgings 2101.40
Balu Forge Inds. 500.10
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