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Megastar Foods - Quaterly Results

16 May 2023 Evaluate
A decent increase of about 52.97% in the turnover to Rs. 801.39 millions was observed for the quarter ended March 2023. The turnover stood at Rs. 523.90 millions during the similar quarter previous year.The Net Profit of the company vaulted to 108.31% to Rs. 35.33  millions from Rs. 16.96 millions in the previous quarter.Operating profit for the quarter ended March 2023 rose to 61.61 millions as compared to 33.70 millions of corresponding quarter ended March 2022.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 801.39 523.90 52.97 2675.29 1848.00 44.77 2675.29 1848.00 44.77
Other Income 3.36 1.18 184.75 4.61 2.36 95.34 4.61 2.36 95.34
PBIDT 61.61 33.70 82.82 211.73 118.38 78.86 211.73 118.38 78.86
Interest 7.25 7.15 1.40 60.52 29.85 102.75 60.52 29.85 102.75
PBDT 54.36 26.55 104.75 151.21 88.53 70.80 151.21 88.53 70.80
Depreciation 6.41 5.38 19.14 21.54 18.54 16.18 21.54 18.54 16.18
PBT 47.95 21.17 126.50 129.67 69.99 85.27 129.67 69.99 85.27
TAX 12.62 4.21 199.76 33.50 17.24 94.32 33.50 17.24 94.32
Deferred Tax 1.69 -0.67 -352.24 2.55 -1.71 -249.12 2.55 -1.71 -249.12
PAT 35.33 16.96 108.31 96.17 52.75 82.31 96.17 52.75 82.31
Equity 100.04 100.04 0.00 100.04 100.04 0.00 100.04 100.04 0.00
PBIDTM(%) 7.69 6.43 19.52 7.91 6.41 23.55 7.91 6.41 23.55
Peers
Company Name CMP
Nestle India 1364.90
Varun Beverages 434.65
Britannia Industries 4939.00
LT Foods 422.25
Hatsun Agro Product 1163.20
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