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Hindcon Chemicals - Quaterly Results

07 Nov 2023 Evaluate
The sales slipped to Rs. 166.17 millions for the September 2023 quarter as against Rs. 186.37 millions during the year-ago period.Good  Net Profit growth of 47.00% reported above the corresponding previous quarter figure of Rs. 5.83 millions to Rs. 8.57 millioins.OP of the company witnessed a marginal growth to 12.56 millions from 8.58 millions in the same quarter last year.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202309 202209 % Var 202309 202209 % Var 202303 202203 % Var
Sales 166.17 186.37 -10.84 338.89 397.02 -14.64 816.50 637.03 28.17
Other Income 2.67 3.94 -32.23 6.57 5.95 10.42 10.73 15.55 -31.00
PBIDT 12.56 8.58 46.39 47.51 23.38 103.21 62.27 65.33 -4.68
Interest 0.30 0.11 172.73 0.44 0.19 131.58 0.50 0.22 127.27
PBDT 12.26 8.47 44.75 47.07 23.19 102.98 61.77 65.11 -5.13
Depreciation 0.66 0.70 -5.71 1.28 1.36 -5.88 2.87 2.53 13.44
PBT 11.60 7.77 49.29 45.79 21.83 109.76 58.90 62.58 -5.88
TAX 3.03 1.94 56.19 11.80 5.82 102.75 15.80 15.27 3.47
Deferred Tax -0.34 -0.61 -44.26 -0.78 -1.13 -30.97 -1.80 -1.09 65.14
PAT 8.57 5.83 47.00 33.99 16.01 112.30 43.10 47.31 -8.90
Equity 102.38 102.38 0.00 102.38 102.38 0.00 102.38 102.38 0.00
PBIDTM(%) 7.56 4.60 64.18 14.02 5.89 138.06 7.63 10.26 -25.63
Peers
Company Name CMP
SRF 2802.45
BASF India 3673.00
Tata Chemicals 695.05
Pidilite Inds. 1604.00
Deepak Nitrite 1557.55
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