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Shalimar Paints - Quaterly Results

17 May 2024 Evaluate
The revenue zoomed 6.58% to Rs. 1442.60 millions for the quarter ended March 2024 as compared to Rs. 1353.60 millions during the corresponding quarter last year.The Net Loss for the quarter ended March 2024 is Rs. -263.70 millions as compared to Net Loss of Rs. -96.10 millions of corresponding quarter ended March 2023 Operating profit Margin for the quarter ended March 2024 further decreased to -198.10% as compared to -25.70% of corresponding quarter ended March 2023


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 1442.60 1353.60 6.58 5349.10 4838.10 10.56 5349.10 4838.10 10.56
Other Income 26.50 34.40 -22.97 81.70 72.10 13.31 81.70 72.10 13.31
PBIDT -198.10 -25.70 670.82 -459.70 -75.10 512.12 -459.70 -75.10 512.12
Interest 21.70 38.70 -43.93 129.60 159.00 -18.49 129.60 159.00 -18.49
PBDT -219.80 -64.40 241.30 -589.30 -234.10 151.73 -589.30 -234.10 151.73
Depreciation 43.90 31.70 38.49 148.20 126.90 16.78 148.20 126.90 16.78
PBT -263.70 -96.10 174.40 -737.50 -361.00 104.29 -737.50 -361.00 104.29
TAX 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PAT -263.70 -96.10 174.40 -737.50 -361.00 104.29 -737.50 -361.00 104.29
Equity 167.40 144.40 15.93 167.40 144.40 15.93 167.40 144.40 15.93
PBIDTM(%) -13.73 -1.90 623.28 -8.59 -1.55 453.63 -8.59 -1.55 453.63
Peers
Company Name CMP
Asian Paints 2457.30
Berger Paints India 460.40
Kansai Nerolac Paint 182.65
JSW Dulux 3158.40
Indigo Paints 1140.50
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