Results     08-May-15
Analysis
Vesuvius India
Net sales up 6%
Related Tables
 Vesuvius India: Result
For the quarter ended Mar'15, net sales were up by 6% to Rs 165.01 crore. OPM was down by 130 bps to 16.2% resulting a 2% fall in OP to Rs 26.65 crore. Other income was up by 23% to Rs 2.45 crore. Depreciation was up by 13% to Rs 5.46 crore. After providing total tax of Rs 8.06 crore, down by 4%, PAT for Mar'15 quarter was down by 2% YoY to Rs 15.58 crore.

Performance for year ended Dec 2014

For year ended Dec'2014, the company reported net sales growth of 8% to Rs 652.23 crore. OPM was lower by about 290 bps to 15.3%, resulting in a 10% fall in OP to 99.95 crore. The other income was up by 59% to Rs 9.10 crore. The interest costs stood at Nil and depreciation was up by 9% to Rs 19.12 crore. After providing total tax of Rs 30.76 crore, down by about 9%, PAT was down by 9% and stood at Rs 59.17 crore for year ended Dec'14.

The promoter shareholding is around 55.57% and none of them are pledged.

Share price trades at Rs 710.

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