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Fairchem Organics - Quaterly Results

06 Nov 2023 Evaluate
The sales is pegged at Rs. 1522.04 millions for the September 2023 quarter. The mentioned figure indicates decline with the sales recorded at Rs. 1685.39 millions during the year-ago period.Net Profit witnessed a 156.87% growth almost the double from Rs. 40.04 millions to Rs. 102.85  millions  of same quarter last year.Operating profit for the quarter ended September 2023 rose to 172.94 millions as compared to 93.15 millions of corresponding quarter ended September 2022.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202309 202209 % Var 202309 202209 % Var 202303 202203 % Var
Sales 1522.04 1685.39 -9.69 3127.97 3936.58 -20.54 6480.41 6431.85 0.75
Other Income 4.55 0.03 15066.67 6.07 2.87 111.50 6.76 3.62 86.74
PBIDT 172.94 93.15 85.66 290.75 496.57 -41.45 730.06 1052.27 -30.62
Interest 13.03 16.17 -19.42 26.56 40.23 -33.98 62.62 68.55 -8.65
PBDT 159.91 76.98 107.73 264.19 456.34 -42.11 667.44 983.72 -32.15
Depreciation 21.76 20.50 6.15 43.30 39.38 9.95 81.52 71.31 14.32
PBT 138.15 56.48 144.60 220.89 416.96 -47.02 585.92 912.41 -35.78
TAX 35.30 16.44 114.72 56.81 106.64 -46.73 150.91 233.34 -35.33
Deferred Tax 3.18 3.88 -18.04 5.63 10.06 -44.04 15.95 14.32 11.38
PAT 102.85 40.04 156.87 164.08 310.32 -47.13 435.01 679.07 -35.94
Equity 130.21 130.21 0.00 130.21 130.21 0.00 130.21 130.21 0.00
PBIDTM(%) 11.36 5.53 105.58 9.30 12.61 -26.31 11.27 16.36 -31.14
Peers
Company Name CMP
Godrej Industries 1103.00
SRF 2520.80
BASF India 3523.00
Pidilite Inds. 1516.00
Tata Chemicals 641.05
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