Results Out for Q4FY21: BSE-Link
Observations:
- Results of RHI-India and Clasil are now included in the standalone results for both FY-20 and FY21 as merger is approved recently.
- EPS increased by only 16.5% [comparing FY20 numbers- Before and After Merger ] although NP is up by 56% as share count has increased by 34% (from 12 Cr. to 16.1 Cr.).
Numbers Synopsis:
Interestingly, NP/EPS will go deep south (NP-90 Cr. and EPS: 5.6 …Calculations in the below snapshot) as compared to FY20 if the ‘Inventory Increase - ~64 Cr.’ under the expenses is nullified from the results of FY21.
@phreakv6 : Does this qualify as an example of leveraging inventory to manage P&L?
Disc: Not invested.