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Shiva Mills - Quaterly Results

11 Feb 2023 Evaluate
A decrease of about -45.61% in the sales to Rs. 319.51 millions was observed for the quarter ended December 2022. The sales stood at Rs. 587.47 millions during the similar quarter previous year.The Net Loss for the quarter ended December 2022 is Rs. -54.70 millions as compared to Net Profit of Rs. 39.98 millions of corresponding quarter ended December 2021Operating profit Margin for the quarter ended December 2022 slipped to -41.03% as compared to 70.53% 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 319.51 587.47 -45.61 1215.38 1486.24 -18.22 2129.40 1389.59 53.24
Other Income 2.02 1.57 28.66 5.26 4.34 21.20 6.81 2.54 168.11
PBIDT -41.03 70.53 -158.17 -2.15 219.47 -100.98 311.58 204.37 52.46
Interest 1.53 2.26 -32.30 9.04 5.99 50.92 9.44 25.37 -62.79
PBDT -42.56 68.27 -162.34 -11.19 213.48 -105.24 302.14 179.00 68.79
Depreciation 16.49 14.24 15.80 44.99 42.00 7.12 57.11 56.83 0.49
PBT -59.05 54.03 -209.29 -56.18 171.48 -132.76 245.03 122.17 100.56
TAX -4.35 14.05 -130.96 -3.57 45.45 -107.85 68.45 36.63 86.87
Deferred Tax -3.50 -1.33 163.16 -3.56 -3.54 0.56 -5.25 -0.70 650.00
PAT -54.70 39.98 -236.82 -52.61 126.03 -141.74 176.58 85.54 106.43
Equity 86.42 86.42 0.00 86.42 86.42 0.00 86.42 86.42 0.00
PBIDTM(%) -12.84 12.01 -206.96 -0.18 14.77 -101.20 14.63 14.71 -0.51
Peers
Company Name CMP
Vardhman Textiles 556.00
Welspun Living 222.50
Arvind 552.75
Raymond Lifestyle 683.55
K.P.R. Mill 1106.20
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