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Polychem - Quaterly Results

08 Nov 2023 Evaluate
The sales slipped to Rs. 80.24 millions for the September 2023 quarter as against Rs. 96.45 millions during the year-ago period.Net Profit recorded in the quarter ended September 2023 rise to 36.72% to Rs. 13.33  millions  compared to R. 9.75 millions in corresponding previous quarter.Operating profit surged to 19.42 millions from the corresponding previous quarter of 13.49 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202309 202209 % Var 202309 202209 % Var 202303 202203 % Var
Sales 80.24 96.45 -16.81 168.76 197.16 -14.40 352.19 204.25 72.43
Other Income 2.35 2.47 -4.86 5.96 2.70 120.74 4.95 38.67 -87.20
PBIDT 19.42 13.49 43.96 36.81 22.60 62.88 52.11 36.49 42.81
Interest 0.30 0.15 100.00 0.48 0.29 65.52 0.62 0.44 40.91
PBDT 19.12 13.34 43.33 36.33 22.31 62.84 51.49 36.05 42.83
Depreciation 2.09 1.04 100.96 4.01 2.01 99.50 5.48 4.73 15.86
PBT 17.03 12.30 38.46 32.32 20.30 59.21 46.01 31.32 46.90
TAX 3.70 2.55 45.10 6.88 3.03 127.06 8.79 -1.00 -979.00
Deferred Tax -0.10 0.01 -1100.00 -0.12 0.08 -250.00 -0.17 -1.00 -83.00
PAT 13.33 9.75 36.72 25.44 17.27 47.31 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(%) 24.20 13.99 73.04 21.81 11.46 90.29 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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