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Polychem - Quaterly Results

17 May 2023 Evaluate
The revenue slipped marginally during the March 2023 quarter. A decline of about Rs. 70.28 millions was observed as compared to Rs. 73.55 millions during the corresponding quarter last year.The company reported a drastic decline of -85.68% in the quarter ended March 2023 to Rs. 5.04  millions from Rs. 35.19 millions  .A decline of 8.59 millions was observed in the OP in the quarter ended March 2023 from 35.68 millions on QoQ basis.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 70.28 73.55 -4.45 352.19 204.25 72.43 352.19 204.25 72.43
Other Income 1.15 32.51 -96.46 4.95 38.67 -87.20 4.95 38.67 -87.20
PBIDT 8.59 35.68 -75.92 52.11 36.49 42.81 52.11 36.49 42.81
Interest 0.17 0.13 30.77 0.62 0.44 40.91 0.62 0.44 40.91
PBDT 8.42 35.55 -76.32 51.49 36.05 42.83 51.49 36.05 42.83
Depreciation 2.07 1.21 71.07 5.48 4.73 15.86 5.48 4.73 15.86
PBT 6.35 34.34 -81.51 46.01 31.32 46.90 46.01 31.32 46.90
TAX 1.31 -0.85 -254.12 8.79 -1.00 -979.00 8.79 -1.00 -979.00
Deferred Tax -0.25 -0.85 -70.59 -0.17 -1.00 -83.00 -0.17 -1.00 -83.00
PAT 5.04 35.19 -85.68 37.22 32.32 15.16 37.22 32.32 15.16
Equity 4.04 4.04 0.00 4.04 4.04 0.00 4.04 4.04 0.00
PBIDTM(%) 12.22 48.51 -74.80 14.80 17.87 -17.18 14.80 17.87 -17.18
Peers
Company Name CMP
Godrej Industries 1099.35
SRF 2534.10
BASF India 3572.95
Pidilite Inds. 1570.55
Tata Chemicals 674.00
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