Net sales (including other operating income) of Sahyadri Industries has increased 14.40% to Rs 104.34 crore.
Operating profit margin has declined from 20.56% to 19.75%, leading to 9.92% rise in operating profit to Rs 20.61 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 55.88% to 53.39%. Employee cost decreased from 6.73% to 6.28%. Other expenses rose from 20.72% to 23.49%.
Other income fell 53.04% to Rs 1.39 crore. PBIDT rose 1.34% to Rs 22 crore. Provision for interest fell 5.36% to Rs 1.06 crore. Loan funds rose to Rs 40.00 crore as of 30 September 2021 from Rs 1.33 crore as of 30 September 2020. Inventories rose to Rs 113.41 crore as of 30 September 2021 from Rs 70.91 crore as of 30 September 2020. Sundry debtors were lower at Rs 40.99 crore as of 30 September 2021 compared to Rs 44.62 crore as of 30 September 2020. Cash and bank balance rose to Rs 7.80 crore as of 30 September 2021 from Rs 3.13 crore as of 30 September 2020. Investments declined from Rs 61.38 crore as of 30 September 2020 to Rs 47.82 crore as of 30 September 2021.
PBDT rose 1.70% to Rs 20.94 crore. Provision for depreciation rose 0.81% to Rs 3.72 crore. Fixed assets increased to Rs 143.92 crore as of 30 September 2021 from Rs 128.54 crore as of 30 September 2020. Intangible assets declined from Rs 0.17 crore to Rs 0.07 crore.
Profit before tax grew 1.89% to Rs 17.22 crore. Provision for tax was expense of Rs 5.38 crore, compared to Rs 4.78 crore. Effective tax rate was 31.24% compared to 28.28%.
Profit after tax fell 2.31% to Rs 11.84 crore.
Half-yearly performance
Net sales (including other operating income) of Sahyadri Industries has increased 25.54% to Rs 299.49 crore.
Operating profit margin has declined from 22.53% to 22.35%, leading to 24.58% rise in operating profit to Rs 66.95 crore. Raw material cost as a % of total sales (net of stock adjustments) increased from 50.07% to 50.14%. Employee cost decreased from 5.86% to 5.53%. Other expenses rose from 20.85% to 21.74%.
Other income fell 39.41% to Rs 2.46 crore. PBIDT rose 20.09% to Rs 69.41 crore. Provision for interest fell 10.12% to Rs 2.22 crore. Loan funds rose to Rs 40.00 crore as of 30 September 2021 from Rs 1.33 crore as of 30 September 2020. Inventories rose to Rs 113.41 crore as of 30 September 2021 from Rs 70.91 crore as of 30 September 2020. Sundry debtors were lower at Rs 40.99 crore as of 30 September 2021 compared to Rs 44.62 crore as of 30 September 2020. Cash and bank balance rose to Rs 7.80 crore as of 30 September 2021 from Rs 3.13 crore as of 30 September 2020. Investments declined from Rs 61.38 crore as of 30 September 2020 to Rs 47.82 crore as of 30 September 2021.
PBDT rose 21.44% to Rs 67.19 crore. Provision for depreciation rose 4.84% to Rs 7.37 crore. Fixed assets increased to Rs 143.92 crore as of 30 September 2021 from Rs 128.54 crore as of 30 September 2020. Intangible assets declined from Rs 0.17 crore to Rs 0.07 crore.
Profit before tax grew 23.85% to Rs 59.82 crore. Provision for tax was expense of Rs 15.39 crore, compared to Rs 12.59 crore. Effective tax rate was 25.73% compared to 26.07%.
Profit after tax rose 24.42% to Rs 44.43 crore.
Equity capital stood at Rs 9.56 crore as of 30 September 2021 to Rs 9.56 crore as of 30 September 2020. Per share face Value remained same at Rs 10.00.
Promoters' stake was 66.94% as of 30 September 2021 ,compared to 66.41% as of 30 September 2020 .
Cash flow from operating activities decreased to Rs 42.21 crore for YTD ended September 2021 from Rs 52.83 crore for YTD ended September 2020. Cash flow used in acquiring fixed assets during the YTD ended September 2021 stood at Rs 20.74 crore, compared to Rs 3.02 crore during the YTD ended September 2020.
Sahyadri Industries: Results
Sahyadri Industries: Standalone Segment results
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