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Organic Coatings - Quaterly Results

23 May 2024 Evaluate
The turnover is pegged at Rs. 90.38 millions for the March 2024 quarter. The mentioned figure indicates a rise of about 52.51% as against Rs. 59.26 millions during the year-ago period.Net Profit witnessed a 474.36% growth almost the double from Rs. 0.39 millions to Rs. 2.24  millions  of same quarter last year.Operating profit surged to 7.86 millions from the corresponding previous quarter of 6.40 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 90.38 59.26 52.51 268.34 228.95 17.20 268.34 228.95 17.20
Other Income 0.08 0.18 -55.56 0.65 1.67 -61.08 0.65 1.67 -61.08
PBIDT 7.86 6.40 22.81 19.05 15.26 24.84 19.05 15.26 24.84
Interest 3.43 3.84 -10.68 14.48 14.94 -3.08 14.48 14.94 -3.08
PBDT 4.43 2.56 73.05 4.57 0.32 1328.13 4.57 0.32 1328.13
Depreciation 2.19 2.17 0.92 9.30 9.83 -5.39 9.30 9.83 -5.39
PBT 2.24 0.39 474.36 -4.73 -9.51 -50.26 -4.73 -9.51 -50.26
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 2.24 0.39 474.36 -4.73 -9.51 -50.26 -4.73 -9.51 -50.26
Equity 76.75 76.75 0.00 76.75 76.75 0.00 76.75 76.75 0.00
PBIDTM(%) 8.70 10.80 -19.48 7.10 6.67 6.51 7.10 6.67 6.51
Peers
Company Name CMP
SRF 2507.70
BASF India 3692.20
Pidilite Inds. 1569.00
Tata Chemicals 610.30
Aarti Industries 504.45
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