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Valiant Organics - Quaterly Results

19 May 2023 Evaluate
A decrease in the sales to Rs. 2271.68 millions was observed for the quarter ended March 2023. The sales stood at Rs. 2905.70 millions during the similar quarter previous year.The Company's Net profit for the March 2023 quarter have declined marginally to Rs. 261.90  millions as against Rs. 271.80 millions reported during the corresponding quarter ended.The company reported a degrowth in operating Profit to 447.60 millions from 453.12 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 2271.68 2905.70 -21.82 9116.18 9484.47 -3.88 9116.18 9484.47 -3.88
Other Income 6.16 9.71 -36.56 29.06 33.08 -12.15 29.06 33.08 -12.15
PBIDT 447.60 453.12 -1.22 1329.12 1705.98 -22.09 1329.12 1705.98 -22.09
Interest 29.40 17.11 71.83 105.39 63.54 65.86 105.39 63.54 65.86
PBDT 418.20 436.01 -4.08 1272.71 1642.44 -22.51 1272.71 1642.44 -22.51
Depreciation 75.36 72.89 3.39 276.26 272.94 1.22 276.26 272.94 1.22
PBT 342.84 363.12 -5.58 996.45 1369.50 -27.24 996.45 1369.50 -27.24
TAX 80.94 91.32 -11.37 240.65 340.12 -29.25 240.65 340.12 -29.25
Deferred Tax 22.81 20.18 13.03 64.94 63.98 1.50 64.94 63.98 1.50
PAT 261.90 271.80 -3.64 755.80 1029.38 -26.58 755.80 1029.38 -26.58
Equity 271.54 271.54 0.00 271.54 271.54 0.00 271.54 271.54 0.00
PBIDTM(%) 19.70 15.59 26.35 14.58 17.99 -18.94 14.58 17.99 -18.94
Peers
Company Name CMP
Godrej Industries 1104.15
SRF 2530.50
BASF India 3539.75
Pidilite Inds. 1511.00
Tata Chemicals 644.10
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