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HP Adhesives - Quaterly Results

12 May 2023 Evaluate
The revenue zoomed 14.76% to Rs. 578.64 millions for the quarter ended March 2023 as compared to Rs. 504.21 millions during the corresponding quarter last year.The Net Profit of the company reported a remarkable increase of 458.87% to Rs. 38.73  millions  from Rs. 6.93 millions in previous same quarter.Operating Profit saw a handsome growth to 76.11 millions from 23.37 millions in the quarter ended March 2023.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 578.64 504.21 14.76 2329.96 1645.99 41.55 2329.96 1645.99 41.55
Other Income 5.86 4.05 44.69 29.35 28.28 3.78 29.35 28.28 3.78
PBIDT 76.11 23.37 225.67 219.38 141.27 55.29 219.38 141.27 55.29
Interest 4.27 6.15 -30.57 22.93 31.34 -26.83 22.93 31.34 -26.83
PBDT 71.50 17.22 315.21 182.70 109.93 66.20 182.70 109.93 66.20
Depreciation 8.77 6.89 27.29 32.35 28.40 13.91 32.35 28.40 13.91
PBT 62.73 10.33 507.26 150.35 81.53 84.41 150.35 81.53 84.41
TAX 24.00 3.40 605.88 41.76 21.46 94.59 41.76 21.46 94.59
Deferred Tax 7.34 2.01 265.17 7.73 4.32 78.94 7.73 4.32 78.94
PAT 38.73 6.93 458.87 108.59 60.07 80.77 108.59 60.07 80.77
Equity 183.75 183.75 0.00 183.75 183.75 0.00 183.75 183.75 0.00
PBIDTM(%) 13.15 4.63 183.78 9.42 8.58 9.70 9.42 8.58 9.70
Peers
Company Name CMP
SRF 2507.70
BASF India 3692.20
Pidilite Inds. 1569.00
Tata Chemicals 610.30
Aarti Industries 504.45
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