Back to tilling growth?
Q3/Fy-13 Results out...
Total Income Flat at 122.75 Cr v/s 123.01 Cr.
EBIDTA up 21.3% to 19.55 Cr from 16.12 Cr.
Net Profit up 9.2% to 12.92 Cr from 11.83 Cr.
EBIDTA margin is 15.9% v/s 11.4% (SQ-12) and 13.10% (DQ-11)
NET Profit margin is 10.5% v/s 7.4% (SQ-12) and 9.6% (DQ-11)
Total Raw material costs as a %ge to Income is 69.3% v/s 67.5% (SQ-12) and 71.6% (DQ-11)
Employee costs to Income is 5.5% v/s 8% (SQ-12) and 5.6% (DQ-11)
Other expenses to Income is 9.2% v/s 13% (SQ-12) and 9.8% (DQ-11)
Tax Rate 31.1% v/s 31.5% (SQ-12) and 27.9% (DQ-11)
Raw Material, Employee, and Other Expenses all down Y-o-Y that helped EBIDTA.
But higher Depreciation, Lower other Income, and higher interest cost and Tax all affected Net profits.
9M/Fy-13 v/s 9M/Fy-12:
Total Income Down 8.8% to 341.09 Cr from 374.19 Cr (Fy/11-12: 530.64 Cr)
EBIDTA Down 1% to 50.79 Cr from 51.32 Cr (Fy/11-12: 72.79 Cr)
Net Profit Down 5.5% to 33.48 Cr from 35.41 Cr (Fy/11-12: 49.93 Cr)
Reported 9-month EPS 39 v/s 41 (Fy/11-12: 58)
On 11/02/2013, stock on BSE Closed Flat at Rs. 360.55/-
(Result came in after market hours)
Note: Though Q3 Y-o-Y and 9-month results look flat/weak,
Q3fy13 over Q2fy13:
Sales grew almost 38%
EBIDTA grew Almost 92 AND
Net profit Almost DOUBLED with an EPS of 15 v/s 8.
