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Consolidated net sales (including other operating income) of Kalpataru Power Transmission for the quarter ended Sep 2022 has increased 7.02% to Rs 3798 crore. Operating profit margin has jumped from 7.41% to 9.19%, leading to 32.70% rise in operating profit to Rs 349.00 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 45.62% to 43.93%. Employee cost increased from 8.65% to 8.96%. Other expenses fell from 38.39% to 37.86%. Other direct service cost rose from 30.18% to 30.33%. Other income fell 28.57% to Rs 10 crore. PBIDT rose 29.60% to Rs 359 crore. Provision for interest rose 18.37% to Rs 116 crore. PBDT rose 35.75% to Rs 243 crore. Provision for depreciation rose 3.30% to Rs 94 crore. Profit before tax grew 69.32% to Rs 149.00 crore. Share of profit/loss were nil in both the periods. Extraordinary items were increased to Rs -5.00 crore. Provision for tax was debit of Rs 46 crore, compared to credit of Rs 19 crore. Effective tax rate was 31.94% compared to negative 29.69%. Minority interest was nil in both the periods. Net profit attributable to owners of the company increased 3.61% to Rs 86.00 crore. Sales of Development Projects segment has gone up 84.44% to Rs 83.00 crore (accounting for 2.18% of total sales). Sales of EPC segment has gone up 6.16% to Rs 3,686.00 crore (accounting for 97.03% of total sales). Sales of Others segment has gone down 6.25% to Rs 30.00 crore (accounting for 0.79% of total sales). Profit before interest, tax and other unallocable items (PBIT) has jumped 55.56% to Rs 252.00 crore. PBIT of Development Projects segment rose 157.14% to Rs 36.00 crore (accounting for 14.29% of total PBIT). PBIT of EPC segment rose 48.97% to Rs 216.00 crore (accounting for 85.71% of total PBIT). PBIT margin of Development Projects segment rose from 31.11% to 43.37%. PBIT margin of EPC segment rose from 4.18% to 5.86%. Overall PBIT margin rose from 4.56% to 6.63%.
Half yearly performanceNet sales (including other operating income) of Kalpataru Power Transmission has increased 10.69% to Rs 7475 crore. Sales of Development Projects segment has gone up 68.67% to Rs 140.00 crore (accounting for 1.87% of total sales). Sales of EPC segment has gone up 10.23% to Rs 7,275.00 crore (accounting for 97.30% of total sales). Sales of segment has gone down 12.68% to Rs 62.00 crore (accounting for 0.83% of total sales). Inter-segment sales rose Rs 1.00 crore to Rs 2.00 crore. Profit before interest, tax and other unallocable items (PBIT) has jumped 21.71% to Rs 471.00 crore. PBIT of Development Projects segment rose 62.07% to Rs 47.00 crore (accounting for 9.98% of total PBIT). PBIT of EPC segment rose 24.50% to Rs 432.00 crore (accounting for 91.72% of total PBIT). PBIT of reported loss of Rs 8.00 crore compared to profit of Rs 11.00 crore. PBIT margin of Development Projects segment fell from 34.94% to 33.57%. PBIT margin of EPC segment rose from 5.26% to 5.94%. PBIT margin of segment fell from 15.49% to 12.90%. Overall PBIT margin rose from 5.73% to 6.30%. Operating profit margin has jumped from 8.43% to 8.88%, leading to 16.70% rise in operating profit to Rs 664.00 crore. Raw material cost as a % of total sales (net of stock adjustments) increased from 41.82% to 43.45%. Employee cost decreased from 9.12% to 9.09%. Other expenses fell from 40.73% to 38.67%. Other direct service cost fell from 32.87% to 31.74%. Other income fell 14.29% to Rs 24 crore. PBIDT rose 15.24% to Rs 688 crore. Provision for interest rose 10.20% to Rs 216 crore. Loan funds rose to Rs 4,333.00 crore as of 30 September 2022 from Rs 3,772.00 crore as of 30 September 2021. Inventories declined from Rs 1,208.00 crore as of 30 September 2021 to Rs 1,205.00 crore as of 30 September 2022. Sundry debtors were lower at Rs 4,332.00 crore as of 30 September 2022 compared to Rs 4,528.00 crore as of 30 September 2021. Cash and bank balance rose to Rs 703.00 crore as of 30 September 2022 from Rs 567.00 crore as of 30 September 2021. Investments stood at Rs 1.00 crore as of 30 September 2022 to Rs 1.00 crore as of 30 September 2021. PBDT rose 17.71% to Rs 472 crore. Provision for depreciation rose 3.95% to Rs 184 crore. Fixed assets increased to Rs 3,458.00 crore as of 30 September 2022 from Rs 1,787.00 crore as of 30 September 2021. Intangible assets declined from Rs 1,822.00 crore to Rs 172.00 crore. Profit before tax grew 28.57% to Rs 288.00 crore. Share of profit/loss were nil in both the periods. Extraordinary items were decreased to Rs -17.00 crore. Provision for tax was expense of Rs 85 crore, compared to Rs 30 crore. Effective tax rate was 31.37% compared to 15.71%. Net profit attributable to owners of the company increased 2.45% to Rs 167.00 crore. Equity capital stood at Rs 30.00 crore as of 30 September 2022 to Rs 30.00 crore as of 30 September 2021. Per share face Value remained same at Rs 2.00. Promoters’ stake was 51.55% as of 30 September 2022 ,compared to 54.55% as of 30 September 2021 . Promoters pledged stake was 50.39% as of 30 September 2022 ,compared to 45.30% as of 30 September 2021 .
| Kalpataru Power Transmission : Consolidated Results | | | Quarter ended | Year to Date | Year ended |
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| Particulars | 202209 | 202109 | Var.(%) | 202209 | 202109 | Var.(%) | 202203 | 202103 | Var.(%) |
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| Net Sales (including other operating income) | 3,798.00 | 3,549.00 | 7.02 | 7,475.00 | 6,753.00 | 10.69 | 14,777.00 | 12,949.00 | 14.12 | | OPM (%) | 9.19 | 7.41 | 178 bps | 8.88 | 8.43 | 46 bps | 8.05 | 11.65 | -361 bps | | OP | 349.00 | 263.00 | 32.70 | 664.00 | 569.00 | 16.70 | 1,189.00 | 1,509.00 | -21.21 | | Other Inc. | 10.00 | 14.00 | -28.57 | 24.00 | 28.00 | -14.29 | 89.00 | 67.00 | 32.84 | | PBIDT | 359.00 | 277.00 | 29.60 | 688.00 | 597.00 | 15.24 | 1,278.00 | 1,576.00 | -18.91 | | Interest | 116.00 | 98.00 | 18.37 | 216.00 | 196.00 | 10.20 | 396.00 | 436.00 | -9.17 | | PBDT | 243.00 | 179.00 | 35.75 | 472.00 | 401.00 | 17.71 | 882.00 | 1,140.00 | -22.63 | | Depreciation | 94 | 91 | 3.30 | 184 | 177 | 3.95 | 351 | 373 | -5.90 | | PBT | 149.00 | 88.00 | 69.32 | 288 | 224 | 28.57 | 531 | 767 | -30.77 | | Share of Profit/(Loss) from Associates | 0 | -9 | - | 0 | -18 | - | -20 | -32 | 37.50 | | PBT before EO | 149 | 79 | 88.61 | 288 | 206 | 39.81 | 511 | 735 | -30.48 | | EO Income | -5 | -15 | 66.67 | -17 | -15 | -13.33 | 185 | 210 | -11.90 | | PBT after EO | 144 | 64 | 125.00 | 271 | 191 | 41.88 | 696 | 945 | -26.35 | | Taxation | 46 | -19 | PL | 85 | 30 | 183.33 | 161 | 283 | -43.11 | | PAT | 98 | 83 | 18.07 | 186 | 161 | 15.53 | 535 | 662 | -19.18 | | Minority Interest (MI) | 12 | 0 | - | 19 | -2 | PL | -5 | -9 | 44.44 | | Net profit | 86 | 83 | 3.61 | 167 | 163 | 2.45 | 540 | 671 | -19.52 | | P/(L) from discontinued operations net of tax | 0 | 0 | - | 0 | 0 | - | 0 | 0 | - | | Net profit after discontinued operations | 86 | 83 | 3.61 | 167 | 163 | 2.45 | 540 | 671 | -19.52 | | EPS (Rs)* | 5.98 | 5.31 | 12.65 | 11.92 | 11.82 | 0.85 | 26.55 | 34.91 | -23.96 | | | * EPS is on current equity of Rs 29.78 crore, Face value of Rs 2, 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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| Kalpataru Power Transmission : Consolidated Segment Results | | | Quarter ended | Year to Date | Year ended |
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| % of (Total) | 202209 | 202109 | Var.(%) | % of (Total) | 202209 | 202109 | Var.(%) | % of (Total) | 202203 | 202103 | Var.(%) |
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| Sales | | Transmission & Distribution | 0.00 | 0.00 | 0.00 | - | | Development Projects | 2.18 | 83.00 | 45.00 | 84.44 | 1.87 | 140.00 | 83.00 | 68.67 | | EPC | 97.03 | 3,686.00 | 3,472.00 | 6.16 | 97.30 | 7,275.00 | 6,600.00 | 10.23 | 97.73 | 14,443.00 | 12,424.00 | 16.25 | | Others | 0.79 | 30.00 | 32.00 | -6.25 | 0.83 | 62.00 | 71.00 | -12.68 | 0.83 | 123.00 | 152.00 | -19.08 | | Total Reported Sales | 100.00 | 3,799.00 | 3,549.00 | 7.04 | 100.00 | 7,477.00 | 6,754.00 | 10.70 | 100.00 | 14,779.00 | 12,947.00 | 14.15 | | Less: Inter segment revenues | | 1.00 | 0.00 | - | | 2.00 | 1.00 | 100.00 | | 2.00 | -2.00 | LP | | Net Sales | 100.00 | 3,798.00 | 3,549.00 | 7.02 | 100.00 | 7,475.00 | 6,753.00 | 10.69 | 100.00 | 14,777.00 | 12,949.00 | 14.12 | | PBIT | | Transmission & Distribution | 0.00 | 0.00 | 0.00 | - | | Development Projects | 14.29 | 36.00 | 14.00 | 157.14 | 9.98 | 47.00 | 29.00 | 62.07 | | EPC | 85.71 | 216.00 | 145.00 | 48.97 | 91.72 | 432.00 | 347.00 | 24.50 | 90.71 | 977.00 | 1,171.00 | -16.57 | | Others | 0.00 | 0.00 | 3.00 | - | -1.70 | -8.00 | 11.00 | PL | -0.28 | -3.00 | 37.00 | PL | | Total PBIT | 100.00 | 252.00 | 162.00 | 55.56 | 100.00 | 471.00 | 387.00 | 21.71 | 100.00 | 1,077.00 | 1,383.00 | -22.13 | | Less : Interest | | 116.00 | 98.00 | 18.37 | | 216.00 | 196.00 | 10.20 | | 396.00 | 436.00 | -9.17 | | Add: Other un-allcoable | | 8.00 | 0.00 | - | | 16.00 | 0.00 | - | | 15.00 | -2.00 | LP | | PBIT Margin(%) | | Transmission & Distribution | | 0.00 | 0.00 | 0.00 | | Development Projects | | 43.37 | 31.11 | 1,226.24 | | 33.57 | 34.94 | -136.83 | | 48.36 | 0.00 | 4,835.68 | | | 0.00 | 47.17 | -4,716.98 | | EPC | | 5.86 | 4.18 | 168.37 | | 5.94 | 5.26 | 68.06 | | 6.76 | 9.43 | -266.08 | | Others | | 0.00 | 9.38 | -937.50 | | -12.90 | 15.49 | -2,839.62 | | -2.44 | 24.34 | -2,678.11 | | PBT | 100.00 | 144.00 | 64.00 | 125.00 | 100.00 | 271.00 | 191.00 | 41.88 | 100.00 | 696.00 | 945.00 | -26.35 |
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