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Balu Forge Industrie - Quaterly Results

14 Feb 2023 Evaluate
The sales slipped to Rs. 736.89 millions for the December 2022 quarter as against Rs. 803.90 millions during the year-ago period.The Net proft of the company remain more or less same to Rs. 83.01  millions from Rs. 86.21 millions ,decline by -3.71%.Operating profit surged to 169.71 millions from the corresponding previous quarter of 132.31 millions.


(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 2012.00
Ramkrishna Forgings 718.00
MM Forgings 620.45
Happy Forgings 2108.65
Balu Forge Inds. 500.85
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