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Samrat Forgings Ltd. - Quaterly Results

20 May 2023 Evaluate
The sales moved up 35.30% to Rs. 452.25 millions for the March 2023 quarter as compared to Rs. 334.25 millions during the year-ago period.Profit after tax improved marginally to Rs. 10.73  millions for the quarter ended March 2023 from Rs. 10.56 millions of corresponding previous quarter.Operating profit for the quarter ended March 2023 rose to 36.48 millions as compared to 35.68 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 452.25 334.25 35.30 1813.14 1394.86 29.99 1813.14 1394.86 29.99
Other Income 2.12 1.54 37.66 3.59 4.88 -26.43 3.59 4.88 -26.43
PBIDT 36.48 35.68 2.24 152.50 129.16 18.07 152.50 129.16 18.07
Interest 14.68 12.94 13.45 50.60 48.66 3.99 50.60 48.66 3.99
PBDT 21.80 22.77 -4.26 102.10 80.53 26.79 102.10 80.53 26.79
Depreciation 8.20 7.12 15.17 32.22 28.68 12.34 32.22 28.68 12.34
PBT 13.60 15.65 -13.10 69.88 51.85 34.77 69.88 51.85 34.77
TAX 2.87 5.09 -43.61 21.01 16.22 29.53 21.01 16.22 29.53
Deferred Tax 6.30 1.68 275.00 12.25 3.27 274.62 12.25 3.27 274.62
PAT 10.73 10.56 1.61 48.87 35.63 37.16 48.87 35.63 37.16
Equity 50.00 50.00 0.00 50.00 50.00 0.00 50.00 50.00 0.00
PBIDTM(%) 8.07 10.67 -24.43 8.41 9.26 -9.17 8.41 9.26 -9.17
Peers
Company Name CMP
Bharat Forge 1940.00
Ramkrishna Forgings 710.70
MM Forgings 632.10
Happy Forgings 2167.15
Balu Forge Inds. 533.25
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