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Balu Forge Industrie - Quaterly Results

14 Feb 2023 Evaluate
The sales is pegged at Rs. 736.89 millions for the December 2022 quarter. The mentioned figure indicates decline with the sales recorded at Rs. 803.90 millions during the year-ago period.The Net Profit of the company registered a slight decline of -3.71% to Rs. 83.01  millions from Rs. 86.21 millions.OP of the company witnessed a marginal growth to 169.71 millions from 132.31 millions in the same quarter last year.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202212 202112 % Var 202212 202112 % Var 202203 202103 % Var
Sales 736.89 803.90 -8.34 1853.46 2027.68 -8.59 2850.58 1420.85 100.62
Other Income 34.26 8.52 302.11 128.38 33.29 285.64 85.26 52.48 62.46
PBIDT 169.71 132.31 28.27 378.97 304.42 24.49 461.67 174.91 163.95
Interest 27.50 14.37 91.37 69.77 35.35 97.37 52.29 66.07 -20.86
PBDT 142.21 117.94 20.58 309.20 269.07 14.91 407.33 108.84 274.25
Depreciation 3.16 2.02 56.44 8.91 7.73 15.27 10.54 11.45 -7.95
PBT 139.05 115.92 19.95 300.29 261.34 14.90 396.79 97.39 307.42
TAX 56.04 29.71 88.62 96.23 66.03 45.74 92.41 21.20 335.90
Deferred Tax 0.11 0.71 -84.51 0.30 3.54 -91.53 5.84 -1.30 -549.23
PAT 83.01 86.21 -3.71 204.06 195.31 4.48 304.38 76.19 299.50
Equity 833.65 741.65 12.40 833.65 741.65 12.40 823.15 686.15 19.97
PBIDTM(%) 23.03 16.46 39.93 20.45 15.01 36.19 16.20 12.31 31.56
Peers
Company Name CMP
Bharat Forge 2001.00
Ramkrishna Forgings 707.40
MM Forgings 610.20
Happy Forgings 2091.05
Balu Forge Inds. 499.45
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