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Machhar Industries - Quaterly Results

27 May 2024 Evaluate
The company witnessed a 10.65% growth in the revenue at Rs. 51.72 millions for the quarter ended March 2024 as compared to Rs. 46.74 millions during the year-ago period.Net Profit witnessed a 102.87% growth almost the double from Rs. 2.09 millions to Rs. 4.24  millions  of same quarter last year.Operating profit surged to 7.67 millions from the corresponding previous quarter of 2.91 millions.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202403 202303 % Var 202403 202303 % Var 202403 202303 % Var
Sales 51.72 46.74 10.65 169.32 171.52 -1.28 169.32 171.52 -1.28
Other Income 2.23 1.34 66.42 3.84 2.58 48.84 3.84 2.58 48.84
PBIDT 7.67 2.91 163.57 14.78 9.08 62.78 14.78 9.08 62.78
Interest 0.53 0.48 10.42 1.95 0.87 124.14 1.95 0.87 124.14
PBDT 7.14 2.43 193.83 12.83 8.21 56.27 12.83 8.21 56.27
Depreciation 1.70 -0.01 -17100.00 5.00 3.73 34.05 5.00 3.73 34.05
PBT 5.44 2.44 122.95 7.83 4.48 74.78 7.83 4.48 74.78
TAX 1.20 0.35 242.86 1.86 0.88 111.36 1.86 0.88 111.36
Deferred Tax -0.04 0.12 -133.33 0.12 0.12 0.00 0.12 0.12 0.00
PAT 4.24 2.09 102.87 5.97 3.60 65.83 5.97 3.60 65.83
Equity 7.41 7.41 0.00 7.41 7.41 0.00 7.41 7.41 0.00
PBIDTM(%) 14.83 6.23 138.20 8.73 5.29 64.89 8.73 5.29 64.89
Peers
Company Name CMP
Godrej Industries 1127.00
SRF 2483.00
BASF India 3665.15
Pidilite Inds. 1567.45
Tata Chemicals 612.10
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