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Balaji Amines - Quaterly Results

20 May 2023 Evaluate
The sales slipped to Rs. 3470.10 millions, down -44.18% for the March 2023 quarter as against Rs. 6216.15 millions during the year-ago period.The Company to register a -53.81%  fall in the net profit for the quarter ended March 2023.A decline of 593.09 millions was observed in the OP in the quarter ended March 2023 from 1310.27 millions on QoQ basis.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202303 202203 % Var 202303 202203 % Var 202303 202203 % Var
Sales 3470.10 6216.15 -44.18 17262.83 19206.66 -10.12 17262.83 19206.66 -10.12
Other Income 39.28 39.71 -1.08 97.56 183.95 -46.96 97.56 183.95 -46.96
PBIDT 593.09 1310.27 -54.74 3393.69 4593.49 -26.12 3393.69 4593.49 -26.12
Interest 4.86 27.54 -82.35 27.34 70.41 -61.17 27.34 70.41 -61.17
PBDT 588.23 1282.73 -54.14 3366.35 4523.08 -25.57 3366.35 4523.08 -25.57
Depreciation 78.26 72.83 7.46 312.62 291.68 7.18 312.62 291.68 7.18
PBT 509.97 1209.90 -57.85 3053.73 4231.40 -27.83 3053.73 4231.40 -27.83
TAX 132.68 393.09 -66.25 778.31 1151.99 -32.44 778.31 1151.99 -32.44
Deferred Tax 12.83 25.25 -49.19 62.81 39.57 58.73 62.81 39.57 58.73
PAT 377.29 816.81 -53.81 2275.42 3079.41 -26.11 2275.42 3079.41 -26.11
Equity 64.80 64.80 0.00 64.80 64.80 0.00 64.80 64.80 0.00
PBIDTM(%) 17.09 21.08 -18.92 19.66 23.92 -17.80 19.66 23.92 -17.80
Peers
Company Name CMP
Godrej Industries 1107.45
SRF 2561.00
BASF India 3607.50
Pidilite Inds. 1566.10
Tata Chemicals 693.50
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