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HP Adhesives - Quaterly Results

12 Aug 2024 Evaluate
With no major difference for the quarter endedJune 2024 , the total revenue stood at Rs. 605.24  millions.A slim rise of 24.79% was recorded in the Net profit for the quarter ended June 2024 to Rs. 56.33  millions  From Rs. 45.14 millions.OP of the company witnessed a marginal growth to 90.53 millions from 72.59 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 605.24 593.23 2.02 605.24 593.23 2.02 2360.18 2329.96 1.30
Other Income 14.78 9.84 50.20 14.78 9.84 50.20 32.59 29.35 11.04
PBIDT 90.53 72.59 24.71 90.53 72.59 24.71 340.66 219.38 55.28
Interest 4.74 3.67 29.16 4.74 3.67 29.16 18.79 22.93 -18.05
PBDT 85.79 68.92 24.48 85.79 68.92 24.48 324.11 182.70 77.40
Depreciation 11.34 10.33 9.78 11.34 10.33 9.78 42.94 32.35 32.74
PBT 74.45 58.59 27.07 74.45 58.59 27.07 281.17 150.35 87.01
TAX 18.12 13.45 34.72 18.12 13.45 34.72 75.48 41.76 80.75
Deferred Tax 1.31 -0.06 -2283.33 1.31 -0.06 -2283.33 3.87 7.73 -49.94
PAT 56.33 45.14 24.79 56.33 45.14 24.79 205.69 108.59 89.42
Equity 183.75 183.75 0.00 183.75 183.75 0.00 183.75 183.75 0.00
PBIDTM(%) 14.96 12.24 22.24 14.96 12.24 22.24 14.43 9.42 53.29
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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