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Bimetal Bearings - Quaterly Results

13 Feb 2023 Evaluate
The total revenue for the quarter ended December 2022 remained nearly unchanged at Rs. 540.14 millions.Net Profit for the quarter ended December 2022 zoomed to 43280.00% from Rs. 0.05 millions to Rs. 21.69  millions.Operating profit surged to 50.09 millions from the corresponding previous quarter of 16.70 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202212 202112 % Var 202212 202112 % Var 202203 202103 % Var
Sales 540.14 536.35 0.71 1696.73 1424.30 19.13 1969.28 1584.64 24.27
Other Income 7.58 7.10 6.76 38.55 29.62 30.15 38.81 55.41 -29.96
PBIDT 50.09 16.70 199.94 154.98 68.55 126.08 118.16 97.34 21.39
Interest 2.13 0.97 119.59 5.15 2.62 96.56 4.37 4.77 -8.39
PBDT 47.96 15.73 204.90 149.83 65.93 127.26 113.79 92.57 22.92
Depreciation 17.72 15.66 13.15 49.45 45.68 8.25 62.71 55.08 13.85
PBT 30.24 0.07 43100.00 100.38 20.25 395.70 51.08 37.49 36.25
TAX 8.55 0.02 42650.00 28.39 5.33 432.65 14.03 -1.97 -812.18
Deferred Tax 1.24 0.00 0.00 4.12 1.44 186.11 5.33 4.25 25.41
PAT 21.69 0.05 43280.00 71.99 14.92 382.51 37.05 39.46 -6.11
Equity 38.25 38.25 0.00 38.25 38.25 0.00 38.25 38.25 0.00
PBIDTM(%) 9.27 3.11 197.84 9.13 4.81 89.78 6.00 6.14 -2.32
Peers
Company Name CMP
Schaeffler India 4005.30
Timken India 3205.30
SKF India 1538.30
NRB Bearings 534.75
Menon Bearings 295.50
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