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Nalin Lease Finance - Quaterly Results

01 May 2024 Evaluate
The company witnessed a 23.20% growth in the revenue at Rs. 16.09 millions for the quarter ended March 2024 as compared to Rs. 13.06 millions during the year-ago period.Net profit for the quarter ended March 2024 increased significantly by 56.68% to Rs. 9.62 millions from Rs. 6.14 millions.The company reported a good operating profit of 13.25 millions compared to 8.79 millions of corresponding previous quarter.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 16.09 13.06 23.20 66.68 57.64 15.68 66.68 57.64 15.68
Other Income 2.38 0.76 213.16 10.64 1.83 481.42 10.64 1.83 481.42
PBIDT 13.25 8.79 50.74 57.63 42.20 36.56 57.63 42.20 36.56
Interest 1.58 0.31 409.68 4.25 0.77 451.95 4.25 0.77 451.95
PBDT 11.67 8.48 37.62 53.38 41.43 28.84 53.38 41.43 28.84
Depreciation 0.43 0.41 4.88 1.66 1.46 13.70 1.66 1.46 13.70
PBT 11.24 8.07 39.28 51.72 39.97 29.40 51.72 39.97 29.40
TAX 1.62 1.93 -16.06 13.21 10.05 31.44 13.21 10.05 31.44
Deferred Tax 0.61 0.04 1425.00 2.01 0.07 2771.43 2.01 0.07 2771.43
PAT 9.62 6.14 56.68 38.51 29.92 28.71 38.51 29.92 28.71
Equity 65.58 65.58 0.00 65.58 65.58 0.00 65.58 65.58 0.00
PBIDTM(%) 82.35 67.30 22.35 86.43 73.21 18.05 86.43 73.21 18.05
Peers
Company Name CMP
Bajaj Finance 1027.00
Shriram Finance 1005.00
Aditya Birla Capital 400.10
Tata Capital 350.90
Chola Invest & Fin. 1778.60
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