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Shalimar Paints - Quaterly Results

11 Aug 2023 Evaluate
The revenue for the June 2023 quarter is pegged at Rs. 1256.30 millions, about 14.27% up against Rs. 1099.40 millions recorded during the year-ago period.The Net Loss for the quarter ended June 2023 is Rs. -102.60 millions as compared to Net Loss of Rs. -95.30 millions of corresponding quarter ended June 2022 Operating profit Margin for the quarter ended June 2023 further decreased to -30.10% as compared to -17.90% of corresponding quarter ended June 2022


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202306 202206 % Var 202306 202206 % Var 202303 202203 % Var
Sales 1256.30 1099.40 14.27 1256.30 1099.40 14.27 4855.50 3581.90 35.56
Other Income 16.10 15.90 1.26 16.10 15.90 1.26 72.10 49.30 46.25
PBIDT -30.10 -17.90 68.16 -30.10 -17.90 68.16 -75.10 -174.70 -57.01
Interest 39.70 43.50 -8.74 39.70 43.50 -8.74 159.00 223.00 -28.70
PBDT -69.80 -61.40 13.68 -69.80 -61.40 13.68 -234.10 -471.80 -50.38
Depreciation 32.80 33.90 -3.24 32.80 33.90 -3.24 126.90 133.80 -5.16
PBT -102.60 -95.30 7.66 -102.60 -95.30 7.66 -361.00 -605.60 -40.39
TAX 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -5.90 -100.00
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -5.90 0.00
PAT -102.60 -95.30 7.66 -102.60 -95.30 7.66 -361.00 -599.70 -39.80
Equity 144.40 144.40 0.00 144.40 144.40 0.00 144.40 144.40 0.00
PBIDTM(%) -2.40 -1.63 47.15 -2.40 -1.63 47.15 -1.55 -4.88 -68.29
Peers
Company Name CMP
Asian Paints 2450.55
Berger Paints India 460.55
Kansai Nerolac Paint 182.20
JSW Dulux 3168.05
Indigo Paints 1141.35
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