First Cut - Adhunik Metaliks
RAJESH DESAI
Dear Sir/Madam,
Adhunik Metaliks Ltd, announced its Q2FY13 results on 15th November, 2012.
The company’s net sales arrived at INR596.48 crores, which was drastically up by 33.14% and 5.79% on YoY and QoQ basis. The EBITDA for the quarter was INR138.38 crore, which was up by 85.52% and 57.20% on YoY and QoQ basis. The EBITDA Margin was up by 658bps and 759bps on YoY and QoQ basis. The company posted consolidated net profit of INR36.11 crore, which almost doubled on QoQ basis and turnaround from a net loss of INR5.52 crore on YoY basis.
|
Adunik metaliks Ltd Q2FY13 Consolidated Results | |||||
|
Particulars |
Q2FY13A |
Q2FY12A |
Q1FY13A |
YoY(%) |
QoQ(%) |
|
Net Sales |
596.48 |
448.00 |
563.85 |
33.14% |
5.79% |
|
Other Operating Income |
2.88 |
3.69 |
4.11 |
|
|
|
Total Operating Income |
599.36 |
451.69 |
567.96 |
|
|
|
Total Expenditure |
460.98 |
377.10 |
479.93 |
|
|
|
EBITDA |
138.38 |
74.59 |
88.03 |
85.52% |
57.20% |
|
EBITDA Margin (%) |
23.09% |
16.51% |
15.50% |
658bps |
759bps |
|
Other Income |
31.58 |
14 |
3.74 |
|
|
|
Operating Profit |
169.96 |
88.59 |
91.77 |
|
|
|
Depreciation |
35.12 |
33.31 |
32.79 |
|
|
|
PBIT |
134.84 |
55.28 |
58.98 |
|
|
|
Interest |
90.31 |
82.99 |
89.18 |
|
|
|
Exceptional Items |
0 |
0 |
55.29 |
|
|
|
PBT |
44.53 |
-27.71 |
25.09 |
|
|
|
Tax |
8.71 |
-21.11 |
9.08 |
|
|
|
PAT |
35.82 |
-6.6 |
16.01 |
|
|
|
Minority Interest |
0.29 |
1.08 |
0.92 |
|
|
|
Shares of Associates |
0 |
0 |
-0.09 |
|
|
|
Consolidated PAT |
36.11 |
-5.52 |
16.84 |
NA |
114.43% |
|
PAT Margin (%) |
5.98% |
-1.46% |
2.82% |
NA |
316bps |
|
PAT excl EO items |
36.11 |
-5.52 |
-38.45 |
|
|
|
PAT Margin (%) |
6.02% |
-1.22% |
-6.77% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Equity Capital |
123.5 |
123.5 |
123.5 |
|
|
|
Face Value (INR per share) |
10 |
10 |
10 |
|
|
|
No. of Outstanding shares |
12.35 |
12.35 |
12.35 |
|
|
|
|
|
|
|
|
|
|
EPS |
2.92 |
-0.45 |
1.36 |
NA |
114.43% |
|
Source: Company Data, Microsec Research. All data in INR crores unless specified. | |||||
Regards,
Team Microsec Research
Microsec Capital Limited
Tel: 91 33 30512100
Fax: 91 33 30512020
--
CA. Rajesh Desai