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Machhar Industries - Quaterly Results

31 Jul 2024 Evaluate
A fair growth of 20.01% in the revenue at Rs. 46.91 millions was reported in the June 2024 quarter as compared to Rs. 39.09 millions during year-ago period.Net Profit witnessed a 165.38% growth almost the double from Rs. 0.52 millions to Rs. 1.38  millions  of same quarter last year.OP of the company witnessed a marginal growth to 3.60 millions from 2.30 millions in the same quarter last year.


(Rs. in Million)


  Quarter ended Year to Date Year ended
  202406 202306 % Var 202406 202306 % Var 202403 202303 % Var
Sales 46.91 39.09 20.01 46.91 39.09 20.01 169.32 171.52 -1.28
Other Income 0.54 0.47 14.89 0.54 0.47 14.89 3.84 2.58 48.84
PBIDT 3.60 2.30 56.52 3.60 2.30 56.52 14.78 9.08 62.78
Interest 0.67 0.52 28.85 0.67 0.52 28.85 1.95 0.87 124.14
PBDT 2.93 1.78 64.61 2.93 1.78 64.61 12.83 8.21 56.27
Depreciation 1.25 1.08 15.74 1.25 1.08 15.74 5.00 3.73 34.05
PBT 1.68 0.70 140.00 1.68 0.70 140.00 7.83 4.48 74.78
TAX 0.30 0.18 66.67 0.30 0.18 66.67 1.86 0.88 111.36
Deferred Tax -0.26 0.00 0.00 -0.26 0.00 0.00 0.12 0.12 0.00
PAT 1.38 0.52 165.38 1.38 0.52 165.38 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(%) 7.67 5.88 30.43 7.67 5.88 30.43 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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