Capitaline

Results 15-Aug-23

Analysis

Fluidomat

Net up 79% on good operating show

Standalone net sales (including other operating income) of Fluidomat for the quarter ended Jun 2023 has increased 40.97% to Rs 12.56 crore. Operating profit margin has jumped from 21.55% to 26.91%, leading to 76.04% rise in operating profit to Rs 3.38 crore. Raw material cost as a % of total sales (net of stock adjustments) increased from 35.14% to 37.41%. Employee cost decreased from 27.80% to 20.81%. Other expenses fell from 15.37% to 13.87%. Other income up 68.57% to Rs 0.59 crore. PBIDT rose 74.89% to Rs 3.97 crore. Provision for interest remained nil. PBDT rose 74.89% to Rs 3.97 crore. Provision for depreciation down 5% to Rs 0.19 crore. Profit before tax grew 82.61% to Rs 3.78 crore. Provision for tax was expense of Rs 1.01 crore, compared to Rs 0.52 crore. Effective tax rate was 26.72% compared to 25.12%. Profit after tax rose 78.71% to Rs 2.77 crore.

Promoters’ stake was 53.59% as of 30 June 2023 ,compared to 53.46% as of 30 June 2022 . Promoters pledged stake was 0.65% as of 30 June 2023 ,compared to 0.65% as of 30 June 2022 .

Fluidomat : Standalone Results

	Quarter ended			Year ended
Particulars	202306	202206	Var.(%)	202303	202203	Var.(%)
Net Sales (including other operating income)	12.56	8.91	40.97	46.16	34.07	35.49
OPM (%)	26.91	21.55	536 bps	26.73	18.17	856 bps
OP	3.38	1.92	76.04	12.34	6.19	99.35
Other Inc.	0.59	0.35	68.57	1.27	1.58	-19.62
PBIDT	3.97	2.27	74.89	13.61	7.77	75.16
Interest	0	0	-	0	0	-
PBDT	3.97	2.27	74.89	13.61	7.77	75.16
Depreciation	0.19	0.2	-5.00	0.74	0.67	10.45
PBT	3.78	2.07	82.61	12.87	7.1	81.27
PBT before EO	3.78	2.07	82.61	12.87	7.1	81.27
EO Income	0	0	-	0	0.33	-
PBT after EO	3.78	2.07	82.61	12.87	7.43	73.22
Taxation	1.01	0.52	94.23	3.25	1.94	67.53
PAT	2.77	1.55	78.71	9.62	5.49	75.23
P/(L) from discontinued operations net of tax	0	0	-	0	0	-
Net profit after discontinued operations	2.77	1.55	78.71	9.62	5.49	75.23
EPS (Rs)*	5.62	3.14	78.71	19.51	10.63	83.59

* EPS is on current equity of Rs 4.93 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

Previous News

Fluidomat standalone net profit rises 23.91% in the December 2016 quarter
( Results - Announcements 16-Feb-17 12:48 )

Fluidomat
( Results - Analysis 02-Jun-23 13:04 )

Fluidomat to conduct AGM
( Corporate News - 20-Aug-22 18:59 )

Fluidomat standalone net profit rises 72.22% in the June 2017 quarter
( Results - Announcements 14-Aug-17 17:38 )

Fluidomat consolidated net profit rises 59.09% in the December 2021 quarter
( Results - Announcements 14-Feb-22 17:53 )

Fluidomat fixes record date for dividend
( Market Beat - Reports 28-Sep-16 14:12 )

Fluidomat announces board meeting date
( Corporate News - 09-Aug-21 15:57 )

Board of Fluidomat recommends final dividend
( Corporate News - 03-Jun-16 15:11 )

Fluidomat net profit rises 91.67% in the December 2008 quarter
( Results - Announcements 04-Feb-09 18:33 )

Fluidomat recommends dividend
( Corporate News - 28-May-11 15:56 )

Fluidomat net profit rises 11.86% in the March 2011 quarter
( Results - Announcements 28-May-11 16:41 )