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Machhar Industries - Quaterly Results

27 May 2024 Evaluate
A fair growth of 10.65% in the revenue at Rs. 51.72 millions was reported in the March 2024 quarter as compared to Rs. 46.74 millions during year-ago period.The Net Profit of the company reported a remarkable increase of 102.87% to Rs. 4.24  millions  from Rs. 2.09 millions in previous same quarter.The company reported a good operating profit of 7.67 millions compared to 2.91 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 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 1021.20
SRF 2490.00
BASF India 3411.40
Pidilite Inds. 1470.00
Tata Chemicals 607.90
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