Results     10-Aug-22
Analysis
Shivalik Bimetal Controls
Sales up 58%, net up 87%

Consolidated net sales (including other operating income) of Shivalik Bimetal Controls has increased 57.56% to Rs 110.78 crore.  Operating profit margin has jumped from 22.56% to 22.95%, leading to 60.28% rise in operating profit to Rs 25.42 crore.  Raw material cost as a % of total sales (net of stock adjustments) increased from 53.54% to 57.28%.   Employee cost decreased from 7.73% to 7.06%.   Other expenses fell from 18.01% to 14.70%.   Other income rose 748.24% to Rs 7.21 crore.  PBIDT rose 95.27% to Rs 32.63 crore.  Provision for interest rose 265.91% to Rs 1.61 crore.  PBDT rose 90.66% to Rs 31.02 crore.  Provision for depreciation rose 73.94% to Rs 2.47 crore.  Profit before tax grew 92.26% to Rs 28.55 crore.  Share of profit/loss was 63.27% higher at Rs 0.8 crore.  Provision for tax was expense of Rs 7.66 crore, compared to Rs 3.74 crore.  Effective tax rate was 26.10% compared to 24.38%. Minority interest was nil in both the periods.  Net profit attributable to owners of the company increased 86.98% to Rs 21.69 crore.  
Promoters’ stake was 60.61% as of 30 June 2022 ,compared to 60.61% as of 30 June 2021 .  

 

Shivalik Bimetal Controls : Consolidated Results
 Quarter endedYear ended
Particulars202206202106Var.(%)202203202103Var.(%)
Net Sales (including other operating income)110.7870.3157.56323.99203.7259.04
OPM (%)22.9522.5639 bps22.6817.74494 bps
OP25.4215.8660.2873.4836.14103.32
Other Inc.7.210.85748.245.454.0534.57
PBIDT32.6316.7195.2778.9340.1996.39
Interest1.610.44265.912.761.6369.33
PBDT31.0216.2790.6676.1738.5697.54
Depreciation2.471.4273.946.385.98.14
PBT28.5514.8592.2669.7932.66113.69
Share of Profit/(Loss) from Associates0.80.4963.273.511.67110.18
PBT before EO29.3515.3491.3373.334.33113.52
EO Income00-00-
PBT after EO29.3515.3491.3373.334.33113.52
Taxation7.663.74104.8118.198.84105.77
PAT21.6911.686.9855.1125.49116.20
Minority Interest (MI)00-00-
Net profit21.6911.686.9855.1125.49116.20
P/(L) from discontinued operations net of tax00-00-
Net profit after discontinued operations21.6911.686.9855.1125.49116.20
EPS (Rs)*5.653.0286.9814.356.64116.20
* EPS is on current equity of Rs 7.68 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


Previous News
  Shivalik Bimetal Controls standalone net profit rises 557.65% in the June 2021 quarter
 ( Results - Announcements 12-Aug-21   18:45 )
  Shivalik Bimetal Controls consolidated net profit declines 52.60% in the June 2020 quarter
 ( Results - Announcements 01-Sep-20   17:16 )
  Shivalik Bimetal Controls consolidated net profit rises 40.05% in the September 2020 quarter
 ( Results - Announcements 12-Nov-20   08:25 )
  Shivalik Bimetal Controls
 ( Analyst Meet / AGM - Conference Call 10-Mar-24   23:54 )
  Shivalik Bimetal Controls consolidated net profit declines 68.82% in the March 2020 quarter
 ( Results - Announcements 30-Jun-20   13:58 )
  Board of Shivalik Bimetal Controls recommends final dividend
 ( Corporate News - 18-May-23   10:59 )
  Shivalik Bimetal Controls to table results
 ( Corporate News - 31-Oct-23   16:04 )
  Shivalik Bimetal Controls consolidated net profit rises 54.98% in the March 2022 quarter
 ( Results - Announcements 30-May-22   16:51 )
  Shivalik Bimetal Controls to hold AGM
 ( Corporate News - 13-Aug-16   12:21 )
  Shivalik Bimetal Controls to hold board meeting
 ( Corporate News - 03-Aug-16   12:54 )
  Board of Shivalik Bimetal Controls recommends dividend
 ( Corporate News - 09-Feb-17   12:04 )
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