Standalone net sales (including other operating income) of John Cockerill India for the quarter ended Sep 2022 has declined 53.64% to Rs 42.70 crore. Operating profit margin (OPM) has turned from positive 4.35% to negative 10.63%, Operating profit for the quarter stood loss of Rs 4.54 crore compared to profit of Rs 4.01 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 67.92% to 43.88%. Employee cost increased from 14.93% to 32.69%. Other expenses rose from 12.77% to 33.91%. Other income up 1,037.50% to Rs 3.64 crore. PBIDT stood at Rs 0.90 crore compared to profit of Rs 4.33 crore. Provision for interest fell 11.54% to Rs 0.92 crore. PBDT stood at Rs 1.82 crore compared to profit of Rs 3.29 crore. Provision for depreciation down 5.83% to Rs 1.13 crore. Profit before tax reported loss of Rs 2.95 crore compared to profit of Rs 2.09 crore. Provision for tax remained nil Profit after tax reported loss of Rs 2.95 crore compared to profit of Rs 2.20 crore. Half yearly performance
Standalone net sales (including other operating income) has declined 57.69% to Rs 80.14 crore.
Operating profit margin (OPM) has turned from positive 1.70% to negative 14.57%, Operating profit for the quarter stood loss of Rs 11.68 crore compared to profit of Rs 3.22 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 71.18% to 45.43%. Employee cost increased from 13.59% to 34.21%. Other expenses rose from 13.51% to 34.68%. Other income up 408.55% to Rs 7.73 crore. PBIDT stood at Rs 3.95 crore compared to profit of Rs 4.74 crore. Provision for interest up 45.39% to Rs 2.05 crore. Loan funds rose to Rs 0.10 crore as of 30 September 2022 from Rs 0.06 crore as of 30 September 2021. Inventories rose to Rs 15.92 crore as of 30 September 2022 from Rs 11.05 crore as of 30 September 2021. Sundry debtors were lower at Rs 101.99 crore as of 30 September 2022 compared to Rs 111.60 crore as of 30 September 2021. Cash and bank balance rose to Rs 240.81 crore as of 30 September 2022 from Rs 40.10 crore as of 30 September 2021. PBDT stood at Rs 6 crore compared to profit of Rs 3.33 crore. Provision for depreciation down 6.28% to Rs 2.24 crore. Fixed assets declined from Rs 52.33 crore as of 30 September 2021 to Rs 51.21 crore as of 30 September 2022. Intangible assets increased from Rs 0.03 crore to Rs 0.07 crore. Profit before tax reported loss of Rs 8.24 crore compared to profit of Rs 0.94 crore. Provision for tax was debit of Rs 0.05 crore, compared to credit of Rs 0.21 crore. Effective tax rate was negative 0.61% compared to negative 22.34%.Profit after tax reported loss of Rs 8.29 crore compared to profit of Rs 1.15 crore. Equity capital stood at Rs 4.94 crore as of 30 September 2022 to Rs 4.94 crore as of 30 September 2021. Per share face Value remained same at Rs 10.00. Promoters’ stake was 75.00% as of 30 September 2022 ,compared to 75.00% as of 30 September 2021 . Cash flow from operating activities increased to Rs 192.94 crore for YTD ended September 2022 from Rs 5.25 crore for YTD ended September 2021. Cash flow used in acquiring fixed assets during the YTD ended September 2022 stood at Rs 1.36 crore, compared to Rs 0.40 crore during the YTD ended September 2021.
| John Cockerill India : Standalone Results | | Quarter ended | Year to Date | Year ended |
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| Particulars | 202209 | 202109 | Var.(%) | 202209 | 202109 | Var.(%) | 202203 | 202103 | Var.(%) |
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| Net Sales (including other operating income) | 42.70 | 92.11 | -53.64 | 80.14 | 189.42 | -57.69 | 382.78 | 198.06 | 93.26 | | OPM (%) | -10.63 | 4.35 | -1,499 bps | -14.57 | 1.70 | -1,627 bps | 2.48 | -13.78 | 1,626 bps | | OP | -4.54 | 4.01 | PL | -11.68 | 3.22 | PL | 9.49 | -27.29 | LP | | Other Inc. | 3.64 | 0.32 | 1,037.50 | 7.73 | 1.52 | 408.55 | 6.45 | 2.30 | 180.43 | | PBIDT | -0.90 | 4.33 | PL | -3.95 | 4.74 | PL | 15.94 | -24.99 | LP | | Interest | 0.92 | 1.04 | -11.54 | 2.05 | 1.41 | 45.39 | 6.85 | 0.19 | 3,505.26 | | PBDT | -1.82 | 3.29 | PL | -6.00 | 3.33 | PL | 9.09 | -25.18 | LP | | Depreciation | 1.13 | 1.2 | -5.83 | 2.24 | 2.39 | -6.28 | 4.66 | 5.03 | -7.36 | | PBT | -2.95 | 2.09 | PL | -8.24 | 0.94 | PL | 4.43 | -30.21 | LP | | PBT before EO | -2.95 | 2.09 | PL | -8.24 | 0.94 | PL | 4.43 | -30.21 | LP | | EO Income | 0 | 0 | - | 0 | 0 | - | 0 | 0 | - | | PBT after EO | -2.95 | 2.09 | PL | -8.24 | 0.94 | PL | 4.43 | -30.21 | LP | | Taxation | 0 | -0.11 | - | 0.05 | -0.21 | PL | -0.21 | -1.15 | 81.74 | | PAT | -2.95 | 2.2 | PL | -8.29 | 1.15 | PL | 4.64 | -29.06 | LP | | P/(L) from discontinued operations net of tax | 0 | 0 | - | 0 | 0 | - | 0 | 0 | - | | Net profit after discontinued operations | -2.95 | 2.2 | PL | -8.29 | 1.15 | PL | 4.64 | -29.06 | LP | | EPS (Rs)* | -5.97 | 4.45 | PL | -16.78 | 2.33 | PL | 9.39 | -58.83 | LP | | | * EPS is on current equity of Rs 4.94 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 |
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