First Cut- Shree Cement
Rajesh Desai
Dear Sir/Madam,
Shree Cement Ltd announced its Q2 FY13 results on 21st January 2013. The company’s Standalone Net sales increased by 7.87% and 13.36% on QoQ and YoY basis respectively. EBITDA increased by 11.44% on YoY basis but declined by 5.61% on QoQ. EBITDA Margin of the company decreased from 29.75% to 26.03% on QoQ. Standalone PAT increased by 267.36% on YoY but declined by 4.69% on QoQ basis.
|
Shree Cement - Quarterly -Y-O-Y(%) - Standalone - [INR-Crore] | |||||
DESCRIPTION |
Q2 13 |
Q2 12 |
Q1 13 |
YOY |
QOQ |
|
| |||||
|
Revenues |
1,428.03 |
1,259.69 |
1,323.79 |
13.36% |
7.87% |
|
Total Expenditure |
1,056 |
926 |
930 |
14.06% |
13.58% |
|
EBITDA |
371.69 |
333.54 |
393.79 |
11.44% |
-5.61% |
|
EBIDTA Margins |
26.03% |
26.48% |
29.75% |
(45) BPS |
(372)BPS |
|
Other Income |
32.3 |
15.69 |
29.2 |
|
|
|
Operating Profit |
403.99 |
349.23 |
422.99 |
|
|
|
Interest |
56.29 |
51.95 |
54.31 |
|
|
|
Exceptional Items |
-11.97 |
-0.02 |
-0.97 |
|
|
|
PBDT |
335.73 |
297.26 |
367.71 |
|
|
|
Depreciation |
81.83 |
235.05 |
94.15 |
|
|
|
PBT |
253.90 |
62.21 |
273.56 |
|
|
|
Tax |
36.46 |
3.02 |
45.43 |
|
|
|
Profit After Tax |
217.44 |
59.19 |
228.13 |
267.36% |
-4.69% |
|
PAT Margins |
15.23% |
4.70% |
17.23% |
1053BPS |
(200) BPS |
|
| |||||
|
Equity Capital |
34.84 |
34.84 |
34.84 |
|
|
|
Face Value (In Rs) |
10.00 |
10.00 |
10.00 |
|
|
|
No of Shares |
3.48 |
3.48 |
3.48 |
|
|
|
| |||||
|
Adj EPS |
62.41 |
16.99 |
65.48 |
267.33% |
-4.69% |
Regards,
Team Microsec Research
Microsec Capital Limited
Tel: 91 33 30512100
Fax: 91 33 30512020
--
CA. Rajesh Desai