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Consolidated Net sales (including other operating income) of Likhitha Infrastructure for the quarter ended Mar 2024 has increased 4.30% to Rs 122.29 crore. Operating profit margin has jumped from 19.97% to 22.42%, leading to 17.13% rise in operating profit to Rs 27.42 crore. Raw material cost as a % of total sales (net of stock adjustments) increased from 15.42% to 17.62%. Employee cost decreased from 7.94% to 6.22%. Other expenses rose from 55.67% to 56.75%. Selling and administration expenses rose from 52.31% to 54.86%. Construction development cost rose from 52.31% to 54.86%. Other income fell 26.67% to Rs 0.88 crore. PBIDT rose 14.99% to Rs 28.3 crore. Provision for interest rose 4.55% to Rs 0.23 crore. PBDT rose 15.09% to Rs 28.07 crore. Provision for depreciation rose 66.89% to Rs 2.52 crore. Profit before tax grew 11.67% to Rs 25.55 crore. Share of profit/loss were nil in both the periods. Provision for tax was expense of Rs 7.87 crore, compared to Rs 6.15 crore. Effective tax rate was 30.80% compared to 26.88%. Minority interest was nil in both the periods. Net profit attributable to owners of the company increased 5.68% to Rs 17.68 crore. Full year results analysis.
Net sales (including other operating income) of Likhitha Infrastructure has increased 15.54% to Rs 421.68 crore. Operating profit margin has declined from 22.76% to 22.18%, leading to 12.57% rise in operating profit to Rs 93.52 crore. Raw material cost as a % of total sales (net of stock adjustments) increased from 16.00% to 19.01%. Employee cost decreased from 8.81% to 7.62%. Other expenses fell from 53.71% to 53.22%. Selling and administration expenses rose from 50.82% to 51.02%. Construction development cost rose from 50.82% to 51.02%. Other income rose 22.46% to Rs 5.18 crore. PBIDT rose 13.05% to Rs 98.7 crore. Provision for interest rose 73.08% to Rs 1.35 crore. PBDT rose 12.50% to Rs 97.35 crore. Provision for depreciation rose 51.28% to Rs 7.67 crore. Profit before tax grew 10.09% to Rs 89.68 crore. Share of profit/loss were nil in both the periods. Provision for tax was expense of Rs 24.45 crore, compared to Rs 21.16 crore. Effective tax rate was 27.26% compared to 25.98%. Minority interest was nil in both the periods. Net profit attributable to owners of the company increased 8.18% to Rs 65.23 crore. Equity capital stood at Rs 19.73 crore as of 31 March 2024 to Rs 19.73 crore as of 31 March 2023. Per share face Value remained same at Rs 5.00. Promoters’ stake was 70.03% as of 31 March 2024 ,compared to 70.03% as of 31 March 2023 . Loan funds remained nil. Inventories rose to Rs 112.44 crore as of 31 March 2024 from Rs 69.39 crore as of 31 March 2023. Sundry debtors were lower at Rs 76.38 crore as of 31 March 2024 compared to Rs 90.05 crore as of 31 March 2023. Cash and bank balance rose to Rs 90.64 crore as of 31 March 2024 from Rs 81.00 crore as of 31 March 2023. Fixed assets increased to Rs 27.91 crore as of 31 March 2024 from Rs 22.03 crore as of 31 March 2023. Intangible assets declined from Rs 0.02 crore to Rs 0.01 crore. Cash flow from operating activities decreased to Rs 20.57 crore for year ended March 2024 from Rs 31.40 crore for year ended March 2023. Cash flow used in acquiring fixed assets during the year ended March 2024 stood at Rs 13.96 crore, compared to Rs 9.18 crore during the year ended March 2023.
| Likhitha Infrastructure : Consolidated Results | | | Quarter ended | Year ended |
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| Particulars | 202403 | 202303 | Var.(%) | 202403 | 202303 | Var.(%) |
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| Net Sales (including other operating income) | 122.29 | 117.25 | 4.30 | 421.68 | 364.96 | 15.54 | | OPM (%) | 22.42 | 19.97 | 246 bps | 22.18 | 22.76 | -59 bps | | OP | 27.42 | 23.41 | 17.13 | 93.52 | 83.08 | 12.57 | | Other Inc. | 0.88 | 1.20 | -26.67 | 5.18 | 4.23 | 22.46 | | PBIDT | 28.30 | 24.61 | 14.99 | 98.70 | 87.31 | 13.05 | | Interest | 0.23 | 0.22 | 4.55 | 1.35 | 0.78 | 73.08 | | PBDT | 28.07 | 24.39 | 15.09 | 97.35 | 86.53 | 12.50 | | Depreciation | 2.52 | 1.51 | 66.89 | 7.67 | 5.07 | 51.28 | | PBT | 25.55 | 22.88 | 11.67 | 89.68 | 81.46 | 10.09 | | Share of Profit/(Loss) from Associates | 0 | 0 | - | 0 | 0 | - | | PBT before EO | 25.55 | 22.88 | 11.67 | 89.68 | 81.46 | 10.09 | | EO Income | 0 | 0 | - | 0 | 0 | - | | PBT after EO | 25.55 | 22.88 | 11.67 | 89.68 | 81.46 | 10.09 | | Taxation | 7.87 | 6.15 | 27.97 | 24.45 | 21.16 | 15.55 | | PAT | 17.68 | 16.73 | 5.68 | 65.23 | 60.3 | 8.18 | | Minority Interest (MI) | 0 | 0 | - | 0 | 0 | - | | Net profit | 17.68 | 16.73 | 5.68 | 65.23 | 60.3 | 8.18 | | P/(L) from discontinued operations net of tax | 0 | 0 | - | 0 | 0 | - | | Net profit after discontinued operations | 17.68 | 16.73 | 5.68 | 65.23 | 60.3 | 8.18 | | EPS (Rs)* | 4.48 | 4.24 | 5.68 | 16.53 | 15.29 | 8.18 | | | * EPS is on current equity of Rs 19.73 crore, Face value of Rs 5, 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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