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Machhar Industries - Quaterly Results

23 Jan 2024 Evaluate
The sales declined to Rs. 38.43 millions for the December 2023 quarter as compared to Rs. 42.04 millions during the corresponding quarter last year.The Company to register a -34.04%  fall in the net profit for the quarter ended December 2023.The company reported a degrowth in operating Profit to 2.08 millions from 2.39 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202312 202212 % Var 202312 202212 % Var 202312 202212 % Var
Sales 38.43 42.04 -8.59 38.43 42.04 -8.59 38.43 42.04 -8.59
Other Income 0.61 0.53 15.09 0.61 0.53 15.09 0.61 0.53 15.09
PBIDT 2.08 2.39 -12.97 2.08 2.39 -12.97 2.08 2.39 -12.97
Interest 0.48 0.34 41.18 0.48 0.34 41.18 0.48 0.34 41.18
PBDT 1.60 2.05 -21.95 1.60 2.05 -21.95 1.60 2.05 -21.95
Depreciation 1.12 1.41 -20.57 1.12 1.41 -20.57 1.12 1.41 -20.57
PBT 0.48 0.64 -25.00 0.48 0.64 -25.00 0.48 0.64 -25.00
TAX 0.17 0.17 0.00 0.17 0.17 0.00 0.17 0.17 0.00
Deferred Tax 0.16 0.00 0.00 0.16 0.00 0.00 0.16 0.00 0.00
PAT 0.31 0.47 -34.04 0.31 0.47 -34.04 0.31 0.47 -34.04
Equity 7.41 7.41 0.00 7.41 7.41 0.00 7.41 7.41 0.00
PBIDTM(%) 5.41 5.69 -4.80 5.41 5.69 -4.80 5.41 5.69 -4.80
Peers
Company Name CMP
Godrej Industries 1021.20
SRF 2490.00
BASF India 3411.40
Pidilite Inds. 1470.00
Tata Chemicals 607.90
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