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Nikhil Adhesives - Quaterly Results

22 May 2024 Evaluate
The sales slipped to Rs. 1480.17 millions for the March 2024 quarter as against Rs. 1606.79 millions during the year-ago period.A meek growth of 3.66% was reported for the quarter ended March 2024 to Rs. 37.62  millions from Rs. 36.29 millions.Operating profit surged to 89.87 millions from the corresponding previous quarter of 87.82 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 1480.17 1606.79 -7.88 5641.93 7434.63 -24.11 5641.93 7434.63 -24.11
Other Income 0.99 1.00 -1.00 3.49 4.75 -26.53 3.49 4.75 -26.53
PBIDT 89.87 87.82 2.33 311.18 350.56 -11.23 311.18 350.56 -11.23
Interest 20.88 18.82 10.95 69.64 63.06 10.43 69.64 63.06 10.43
PBDT 68.99 69.00 -0.01 241.54 287.50 -15.99 241.54 287.50 -15.99
Depreciation 17.61 13.84 27.24 62.27 52.06 19.61 62.27 52.06 19.61
PBT 51.38 55.16 -6.85 179.27 235.44 -23.86 179.27 235.44 -23.86
TAX 13.76 18.87 -27.08 46.76 65.05 -28.12 46.76 65.05 -28.12
Deferred Tax 1.68 1.61 4.35 8.53 6.68 27.69 8.53 6.68 27.69
PAT 37.62 36.29 3.66 132.51 170.39 -22.23 132.51 170.39 -22.23
Equity 45.94 45.94 0.00 45.94 45.94 0.00 45.94 45.94 0.00
PBIDTM(%) 6.07 5.47 11.09 5.52 4.72 16.97 5.52 4.72 16.97
Peers
Company Name CMP
Godrej Industries 1103.20
SRF 2454.00
BASF India 3542.05
Pidilite Inds. 1522.00
Tata Chemicals 734.50
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