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Deep Polymers - Quaterly Results

10 Feb 2024 Evaluate
The sales is pegged at Rs. 233.43 millions for the December 2023 quarter. The mentioned figure indicates decline with the sales recorded at Rs. 274.05 millions during the year-ago period.Profit saw a slight increase of 24.17%to Rs. 28.10  millions from Rs. 22.63 millions.The company reported a good operating profit of 48.78 millions compared to 34.54 millions of corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202312 202212 % Var 202312 202212 % Var 202303 202203 % Var
Sales 233.43 274.05 -14.82 792.42 922.69 -14.12 1204.50 1376.62 -12.50
Other Income 5.05 3.82 32.20 13.48 12.09 11.50 19.38 16.21 19.56
PBIDT 48.78 34.54 41.23 104.00 118.72 -12.40 170.62 180.25 -5.34
Interest 2.38 0.99 140.40 8.48 12.98 -34.67 17.06 6.10 179.67
PBDT 46.40 33.55 38.30 95.52 105.74 -9.67 153.56 174.15 -11.82
Depreciation 8.87 5.78 53.46 17.21 14.93 15.27 20.16 21.05 -4.23
PBT 37.53 27.77 35.15 78.31 90.81 -13.77 133.40 153.10 -12.87
TAX 9.43 5.14 83.46 18.99 19.25 -1.35 33.34 41.97 -20.56
Deferred Tax 2.74 0.00 0.00 0.39 0.00 0.00 0.00 0.00 0.00
PAT 28.10 22.63 24.17 59.32 71.56 -17.10 100.06 111.13 -9.96
Equity 241.80 230.33 4.98 241.80 230.33 4.98 230.33 230.32 0.00
PBIDTM(%) 20.90 12.60 65.80 13.12 12.87 2.00 14.17 13.09 8.18
Peers
Company Name CMP
Godrej Industries 1127.00
SRF 2483.00
BASF India 3665.15
Pidilite Inds. 1567.45
Tata Chemicals 612.10
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