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Shubham Polyspin - Quaterly Results

13 Feb 2024 Evaluate
The total revenue for the quarter ended December 2023 remained nearly unchanged at Rs. 111.03 millions.The Net proft of the company remain more or less same to Rs. 2.02  millions from Rs. 2.50 millions ,decline by -19.20%.Operating Profit reported a sharp decline to 7.77 millions from 9.76 millions in the corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202312 202212 % Var 202312 202212 % Var 202303 202203 % Var
Sales 111.03 110.14 0.81 357.93 338.38 5.78 446.09 529.12 -15.69
Other Income 2.66 0.71 274.65 8.97 20.37 -55.96 23.18 21.34 8.62
PBIDT 7.77 9.76 -20.39 23.91 27.61 -13.40 36.00 32.81 9.72
Interest 2.09 3.02 -30.79 6.41 8.65 -25.90 11.56 11.04 4.71
PBDT 5.68 6.74 -15.73 17.50 18.96 -7.70 24.44 21.77 12.26
Depreciation 2.96 3.20 -7.50 8.12 9.23 -12.03 12.99 9.26 40.28
PBT 2.72 3.54 -23.16 9.38 9.73 -3.60 11.45 12.51 -8.47
TAX 0.70 1.04 -32.69 2.94 2.45 20.00 3.12 5.75 -45.74
Deferred Tax 0.64 1.19 -46.22 2.20 2.52 -12.70 3.19 3.00 6.33
PAT 2.02 2.50 -19.20 6.44 7.28 -11.54 8.33 6.76 23.22
Equity 121.22 121.22 0.00 121.22 121.22 0.00 121.22 110.20 10.00
PBIDTM(%) 7.00 8.86 -21.03 6.68 8.16 -18.13 8.07 6.20 30.14
Peers
Company Name CMP
Vardhman Textiles 486.70
Welspun Living 219.20
Arvind 491.15
Raymond Lifestyle 479.30
K.P.R. Mill 1115.00
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