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Creative Castings - Quaterly Results

11 Feb 2023 Evaluate
A slight decline in the revenue of Rs. 94.92 millions was seen for the December 2022 quarter as against Rs. 99.42 millions during year-ago period.Net profit for the quarter ended December 2022 increased significantly by 67.42% to Rs. 13.31 millions from Rs. 7.95 millions.Operating profit for the quarter ended December 2022 rose to 20.38 millions as compared to 13.15 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 94.92 99.42 -4.53 337.91 301.31 12.15 417.04 299.29 39.34
Other Income 4.43 2.72 62.87 15.06 6.24 141.35 10.25 12.96 -20.91
PBIDT 20.38 13.15 54.98 51.58 39.01 32.22 48.16 45.52 5.80
Interest 0.01 0.01 0.00 0.03 0.03 0.00 0.05 0.07 -28.57
PBDT 20.37 13.14 55.02 51.55 38.98 32.25 48.11 45.45 5.85
Depreciation 1.58 1.57 0.64 4.51 4.67 -3.43 5.92 6.57 -9.89
PBT 18.79 11.57 62.40 47.04 34.31 37.10 42.19 38.88 8.51
TAX 5.48 3.62 51.38 11.83 7.21 64.08 9.38 10.56 -11.17
Deferred Tax 0.46 -0.29 -258.62 -0.72 -2.60 -72.31 -2.01 0.34 -691.18
PAT 13.31 7.95 67.42 35.21 27.10 29.93 32.81 28.32 15.85
Equity 13.00 13.00 0.00 13.00 13.00 0.00 13.00 13.00 0.00
PBIDTM(%) 21.47 13.23 62.33 15.26 12.95 17.90 11.55 15.21 -24.07
Peers
Company Name CMP
AIA Engineering 3954.70
Alicon Castalloy 734.90
Nelcast 108.60
PTC Industries 21735.00
Synergy Green Inds. 634.80
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