Quarter ended Sep 2021 compared with Quarter ended Sep 2020

Net sales (including other operating income) of HeidelbergCement India has increased 12.21% to Rs 576.47 crore.  

Operating profit margin has declined from 24.52% to 20.20%, leading to 7.53% decline in operating profit to Rs 116.46 crore.  Raw material cost as a % of total sales (net of stock adjustments) increased from 17.08% to 19.22%.   Employee cost decreased from 6.03% to 5.53%.   Other expenses rose from 52.27% to 55.61%.   Power and Oil fuel cost rose from 21.93% to 26.77%.   Freight charges rose from 12.60% to 12.71%.   

Other income up 36.82% to Rs 13.86 crore.  PBIDT fell 4.23% to Rs 130.32 crore.  Provision for interest fell 15.90% to Rs 11.21 crore.  Loan funds rose to Rs 311.83 crore as of 30 September 2021 from Rs 294.33 crore as of 30 September 2020.  Inventories rose to Rs 156.28 crore as of 30 September 2021 from Rs 139.09 crore as of 30 September 2020.  Sundry debtors were higher at Rs 39.81 crore as of 30 September 2021 compared to Rs 30.97 crore as of 30 September 2020.  Cash and bank balance declined from Rs 573.71 crore as of 30 September 2020 to Rs 436.47 crore as of 30 September 2021.  

PBDT fell 2.97% to Rs 119.11 crore.  Provision for depreciation rose 0.36% to Rs 28.2 crore.  Fixed assets declined from Rs 1,666.34 crore as of 30 September 2020 to Rs 1,605.96 crore as of 30 September 2021.  Intangible assets declined from Rs 0.20 crore to Rs 0.18 crore.  

Profit before tax down 3.95% to Rs 90.91 crore.  Provision for tax was expense of Rs 31.35 crore, compared to Rs 32.25 crore.  Effective tax rate was 34.48% compared to 34.07%.

Profit after tax fell 4.55% to Rs 59.56 crore.  

For year-to-date (YTD) results analysis

Net sales (including other operating income) of HeidelbergCement India has increased 22.89% to Rs 1,132.41 crore.  

Operating profit margin has declined from 25.43% to 21.86%, leading to 5.66% rise in operating profit to Rs 247.55 crore.  Raw material cost as a % of total sales (net of stock adjustments) increased from 17.21% to 19.13%.   Employee cost decreased from 6.30% to 5.67%.   Other expenses rose from 50.95% to 53.60%.   Power and Oil fuel cost rose from 21.36% to 25.59%.   Freight charges fell from 13.05% to 12.92%.   

Other income up 22.40% to Rs 24.37 crore.  PBIDT rose 6.98% to Rs 271.92 crore.  Provision for interest fell 27.05% to Rs 21.39 crore.  Loan funds rose to Rs 311.83 crore as of 30 September 2021 from Rs 294.33 crore as of 30 September 2020.  Inventories rose to Rs 156.28 crore as of 30 September 2021 from Rs 139.09 crore as of 30 September 2020.  Sundry debtors were higher at Rs 39.81 crore as of 30 September 2021 compared to Rs 30.97 crore as of 30 September 2020.  Cash and bank balance declined from Rs 573.71 crore as of 30 September 2020 to Rs 436.47 crore as of 30 September 2021.  

PBDT rose 11.41% to Rs 250.53 crore.  Provision for depreciation rose 0.07% to Rs 55.77 crore.  Fixed assets declined from Rs 1,666.34 crore as of 30 September 2020 to Rs 1,605.96 crore as of 30 September 2021.  Intangible assets declined from Rs 0.20 crore to Rs 0.18 crore.  

Profit before tax grew 15.15% to Rs 194.76 crore.  Provision for tax was expense of Rs 66.55 crore, compared to Rs 57.8 crore.  Effective tax rate was 34.17% compared to 34.17%.

Profit after tax rose 15.15% to Rs 128.21 crore.  

Equity capital stood at Rs 226.62 crore as of 30 September 2021 to Rs 226.62 crore as of 30 September 2020.  Per share face Value remained same at Rs 10.00.  

Promoters' stake was 69.39% as of 30 September 2021 ,compared to 69.39% as of 30 September 2020 .  

Cash flow from operating activities decreased to Rs 203.49 crore for YTD ended September 2021 from Rs 260.06 crore for YTD ended September 2020.  Cash flow used in acquiring fixed assets during the YTD ended September 2021 stood at Rs 19.64 crore, compared to Rs 13.30 crore during the YTD ended September 2020.