Results     17-Aug-22
Analysis
Power Mech Projects
Sales up 20%, net up 26%
 

Consolidated net sales (including other operating income) of Power Mech Projects for the quarter ended Jun 2022 has increased 19.87% to Rs 746.61 crore.  Operating profit margin has jumped from 10.6% to 11.2%, leading to 26.45% rise in operating profit to Rs 83.51 crore.  

Raw material cost as a % of total sales (net of stock adjustments) increased from 11.65% to 15.32%.   Employee cost increased from 15.24% to 16.94%.   Other expenses fell from 62.50% to 56.59%.   Selling and administration expenses fell from 61.47% to 55.45%.   Construction development cost fell from 61.47% to 55.45%.   

Other income fell 61.04% to Rs 2.03 crore.  PBIDT rose 20.06% o Rs 85.54 crore.  Provision for interest rose 5.99% to Rs 20.34 crore.  

PBDT rose 25.24% to Rs 65.2 crore.  Provision for depreciation rose 9.98% to Rs 9.92 crore.  

Profit before tax grew 28.44% to Rs 55.28 crore.  Share of profit/loss was 73.08% lower at Rs -2.25 crore.  Provision for tax was expense of Rs 13.6 crore, compared to Rs 10.28 crore.  Effective tax rate was 25.65% compared to 24.63%.

Net profit attributable to owners of the company increased 25.60% to Rs 39.49 crore.  

Promoters’ stake was 63.69% as of 30 June 2022 ,compared to 63.70% as of 30 June 2021 .  

 



Power Mech Projects : Consolidated Results
 Quarter endedYear ended
Particulars202206202106Var.(%)202203202103Var.(%)
Net Sales (including other operating income)746.61622.8519.872,710.481,884.0943.86
OPM (%)11.1910.6058 bps10.552.22833 bps
OP83.5166.0426.45286.0141.87583.09
Other Inc.2.035.21-61.0417.3216.346.00
PBIDT85.5471.2520.06303.3358.21421.10
Interest20.3419.195.9979.4879.250.29
PBDT65.2052.0625.24223.85-21.04LP
Depreciation9.929.029.9836.935.773.16
PBT55.2843.0428.44186.95-56.81LP
Share of Profit/(Loss) from Associates-2.25-1.3-73.08-2.27-3.0926.54
PBT before EO53.0341.7427.05184.68-59.9LP
EO Income00-00-
PBT after EO53.0341.7427.05184.68-59.9LP
Taxation13.610.2832.3046.18-11.33PL
PAT39.4331.4625.33138.5-48.57LP
Minority Interest (MI)-0.060.02LP-0.5-2.9783.16
Net profit39.4931.4425.60139-45.6LP
P/(L) from discontinued operations net of tax00-00-
Net profit after discontinued operations39.4931.4425.60139-45.6LP
EPS (Rs)*26.8421.3725.6094.49-31.00LP
* EPS is on current equity of Rs 14.71 crore, Face value of Rs 10, Excluding extraordinary items.
# EPS is not annualised
bps : Basis points
EO : Extraordinary items
Figures in Rs crore
Source: Capitaline Corporate Database


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 ( Corporate News - 28-Aug-23   15:33 )
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