Results     01-Aug-18
Analysis
Apcotex Industries
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 Apcotex Industries: Results
For the quarter ended June 18 net sales of Apcotex Industries stood at Rs 150.07 crore, up by 25% on YoY basis. OPM of the company stood at 11.9% due to better realization and larger volumes. Thus, the overall OP level for June 18 quarter stood at Rs 17.88 crore up by 109% YoY. Other income stood at negative Rs 1.84 crore down by 17% YoY. Interest costs were lower by 14% to Rs 0.44 crore. Depreciation was lower by 8% to Rs 2.86 crore. Thus, PBT for June 18 quarter stood at Rs 16.42 crore up by 129% YoY. After providing total tax of Rs 5.17 crore, PAT for June 18 quarter stood at Rs 11.25 crore up by 115% YoY.

Performance for 12 months ended Mar 18

Net sales for 12 months ended Mar 18 stood at Rs 526.18 crore up by 36% YoY. OPM of the company stood at 12.1% due to better realization and higher volumes. Thus, the overall OP level for 12 ended Mar 18 stood at Rs 63.79 crore up by 119% YoY. Interest cost was lower by 45% to Rs 1.57 crore and depreciation was flat at Rs 12.14 crore. There was an EO expense of Rs 1.43 crore pertaining to merger related expenses. Thus PBT after EO stood at Rs 55.78 crore up by 28% YoY. After providing for total tax of Rs 17.14 crore, up by 103%, PAT for 12 months ended Mar 18 stood at Rs 38.64 crore up by 10%.

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