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Ganesh Benzoplast - Quaterly Results

12 Feb 2024 Evaluate
The company witnessed a 20.55% growth in the revenue at Rs. 590.29 millions for the quarter ended December 2023 as compared to Rs. 489.68 millions during the year-ago period.A humble growth in net profit of 13.23% reported in the quarter ended December 2023 to Rs. 157.94  millions from Rs. 139.49 millions.Operating profit for the quarter ended December 2023 rose to 268.93 millions as compared to 243.62 millions of corresponding quarter ended December 2022.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202312 202212 % Var 202312 202212 % Var 202303 202203 % Var
Sales 590.29 489.68 20.55 1664.69 1409.08 18.14 1926.92 2906.82 -33.71
Other Income 23.86 24.86 -4.02 89.26 78.68 13.45 109.57 27.70 295.56
PBIDT 268.93 243.62 10.39 768.80 660.78 16.35 889.08 606.97 46.48
Interest 15.82 14.92 6.03 47.29 34.59 36.72 51.53 31.45 63.85
PBDT 253.11 228.70 10.67 720.51 626.19 15.06 834.33 567.42 47.04
Depreciation 44.28 39.41 12.36 125.30 108.75 15.22 152.68 127.20 20.03
PBT 208.83 189.29 10.32 595.21 517.44 15.03 681.65 440.22 54.84
TAX 50.89 49.80 2.19 150.86 130.67 15.45 172.29 119.87 43.73
Deferred Tax 7.57 0.69 997.10 3.01 -7.45 -140.40 -19.43 -1.78 991.57
PAT 157.94 139.49 13.23 444.35 386.77 14.89 509.36 320.35 59.00
Equity 68.11 65.18 4.50 68.11 65.18 4.50 65.18 62.36 4.52
PBIDTM(%) 45.56 49.75 -8.43 46.18 46.89 -1.52 46.14 20.88 120.97
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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