Results     15-Aug-21
Analysis
Ingersoll-Rand (India)
Net up 224% led by strong operating show
Standalone net sales (including other operating income) of Ingersoll-Rand (India) for the quarter ended June 2021 has increased 111% to Rs 194.23 crore.  Operating profit margin has jumped from 12.9% to 18.6%, leading to 206% rise in operating profit to Rs 36.18 crore.  Raw material cost as a % of total sales (net of stock adjustments) increased from 52.83% to 59.21%.   Purchase of finished goods cost fell from 3.34% to 2.02%.   Employee cost decreased from 17.30% to 11.98%.   Other expenses fell from 13.37% to 9.27%.   Other income fell 17% to Rs 2.79 crore.  PBIDT rose 157% to Rs 38.97 crore.  Provision for interest up 43% to Rs 0.4 crore.  PBDT rose 159% to Rs 38.57 crore.  Provision for depreciation down 9% to Rs 3.31 crore.  Profit before tax grew 213% to Rs 35.26 crore.  Provision for tax was expense of Rs 8.97 crore, compared to Rs 3.16 crore.  Effective tax rate was 25.44% compared to 28.01%. Profit after tax rose 224% to Rs 26.29 crore.  

 

Promoters’ stake was 75.00% as of 30 June 2021 ,compared to 74.00% as of 30 June 2020 .  


  • Ingersoll-Rand India: Standalone Results

     

     

    2106 (3)

    2006 (3)

    Var. (%)

    2103 (12)

    2003 (12)

    Var. (%)

     

    Sales

    194.23

    91.85

    111

    617.73

    705.62

    -12

     

    OPM (%)

    18.6

    12.9

     

    17.9

    14.0

     

     

    OP

    36.18

    11.81

    206

    110.68

    98.76

    12

     

    Other inc.

    2.79

    3.38

    -17

    13.05

    36.13

    -64

     

    PBIDT

    38.97

    15.19

    157

    123.73

    134.89

    -8

     

    Interest

    0.40

    0.28

    43

    1.69

    2.60

    -35

     

    PBDT

    38.57

    14.91

    159

    122.04

    132.29

    -8

     

    Dep.

    3.31

    3.63

    -9

    14.26

    18.26

    -22

     

    PBT 

    35.26

    11.28

    213

    107.78

    114.03

    -5

     

    EO

    0.00

    0.00

     

    0.00

    0.00

     

     

    PBT after EO

    35.26

    11.28

    213

    107.78

    114.03

    -5

     

    Taxation

    8.97

    3.16

    184

    28.08

    30.54

    -8

     

    PAT

    26.29

    8.12

    224

    79.70

    83.49

    -5

     

    PPT/EO (net of tax)

    0.00

    0.00

     

    7.35

    -1.10

    -768

     

    Net Profit

    26.29

    8.12

    224

    72.35

    84.59

    -14

     

    EPS (Rs)*

    #

    #

     

    25.2

    26.4

     

     

    * EPS is on current equity of Rs 31.57 crore, Face value of Rs 10

    # EPS is not annualised due to seasonality of business

    Figures in Rs crore

    Source: Capitaline Corporate Database

     

  • Previous News
      Ingersoll-Rand (India)
     ( Results - Analysis 12-Nov-22   17:03 )
      Ingersoll-Rand (India) standalone net profit rises 129.59% in the March 2023 quarter
     ( Results - Announcements 25-May-23   15:37 )
      Ingersoll-Rand (India)
     ( Results - Analysis 11-Aug-23   09:50 )
      Ingersoll-Rand (India)
     ( Results - Analysis 25-Aug-20   10:03 )
      Ingersoll-Rand (India) to convene board meeting
     ( Corporate News - 04-Aug-21   10:40 )
      Ingersoll-Rand (India) standalone net profit declines 4.83% in the March 2024 quarter
     ( Results - Announcements 28-May-24   14:12 )
      Ingersoll-Rand (India)
     ( Results - Analysis 29-May-24   10:05 )
      Elgi Equipments Ltd leads gainers in 'A' group
     ( Hot Pursuit - 08-Jan-21   12:00 )
      Ingersoll Rand (India)
     ( Results - Analysis 05-Nov-18   11:16 )
      Ingersoll-Rand (India) schedules AGM
     ( Corporate News - 30-Jul-21   12:32 )
      Board of Ingersoll-Rand (India) recommends special dividend
     ( Corporate News - 18-Dec-19   10:09 )
    Other Stories
      Apollo Hospitals Enterprise
      04-Jun-24   10:04
      ITL Industries
      01-Jun-24   02:14
      International Combustion (India)
      31-May-24   11:32
      Fluidomat
      31-May-24   11:28
      ISGEC Heavy Engineering
      31-May-24   11:24
      Sreeleathers
      31-May-24   11:20
      Cummins India
      31-May-24   11:18
      Bata India
      31-May-24   09:55
      Tata Steel
      31-May-24   08:36
      India Nippon Electricals
      31-May-24   07:03
    Back Top