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Polychem - Quaterly Results

08 Aug 2023 Evaluate
The sales is pegged at Rs. 88.52 millions for the June 2023 quarter. The mentioned figure indicates decline with the sales recorded at Rs. 100.71 millions during the year-ago period.Handsome Net Profit growth of 61.04% reported above the corresponding previous quarter figure of Rs. 12.11 millions to Rs. 7.52 millions.Operating profit surged to 17.39 millions from the corresponding previous quarter of 9.11 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202306 202206 % Var 202306 202206 % Var 202303 202203 % Var
Sales 88.52 100.71 -12.10 88.52 100.71 -12.10 352.19 204.25 72.43
Other Income 3.61 0.23 1469.57 3.61 0.23 1469.57 4.95 38.67 -87.20
PBIDT 17.39 9.11 90.89 17.39 9.11 90.89 52.11 36.49 42.81
Interest 0.18 0.14 28.57 0.18 0.14 28.57 0.62 0.44 40.91
PBDT 17.21 8.97 91.86 17.21 8.97 91.86 51.49 36.05 42.83
Depreciation 1.92 0.97 97.94 1.92 0.97 97.94 5.48 4.73 15.86
PBT 15.29 8.00 91.12 15.29 8.00 91.12 46.01 31.32 46.90
TAX 3.18 0.48 562.50 3.18 0.48 562.50 8.79 -1.00 -979.00
Deferred Tax -0.02 0.07 -128.57 -0.02 0.07 -128.57 -0.17 -1.00 -83.00
PAT 12.11 7.52 61.04 12.11 7.52 61.04 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(%) 19.65 9.05 117.18 19.65 9.05 117.18 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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