On consolidated basis
Quarter ended December 2024 compared with Quarter ended December 2023.
Net sales (including other operating income) of Alicon Castalloy has declined 3.18% to Rs 392.1 crore. Operating profit margin has declined from 12.89% to 8.74%, leading to 34.37% decline in operating profit to Rs 34.26 crore. Raw material cost as a % of total sales (net of stock adjustments) increased from 46.97% to 51.02%. Purchase of finished goods cost rose from 0.64% to 2.71%. Other expenses fell from 26.60% to 24.83%. Other income rose 6.41% to Rs 0.83 crore. PBIDT fell 33.77% to Rs 35.09 crore. Provision for interest rose 2.93% to Rs 10.54 crore. PBDT fell 42.56% to Rs 24.55 crore. Provision for depreciation rose 16.80% to Rs 23.5 crore. Profit before tax down 95.36% to Rs 1.05 crore. Share of profit/loss were nil in both the periods. Provision for tax was expense of Rs 0.27 crore, compared to Rs 5.88 crore. Effective tax rate was 25.71% compared to 25.99%. Minority interest was nil in both the periods. Net profit attributable to owners of the company decreased 95.34% to Rs 0.78 crore. Promoters’ stake was 54.18% as of 31 December 2024 ,compared to 55.71% as of 31 December 2023 .
For year-to-date (YTD) results analysis.
Net sales (including other operating income) of Alicon Castalloy has increased 13.66% to Rs 1295.83 crore. Operating profit margin has declined from 12.08% to 11.41%, leading to 7.34% rise in operating profit to Rs 147.81 crore. Raw material cost as a % of total sales (net of stock adjustments) increased from 48.33% to 49.80%. Purchase of finished goods cost rose from 0.32% to 2.87%. Employee cost decreased from 13.05% to 11.79%. Other expenses fell from 26.05% to 24.27%. Other income rose 0.86% to Rs 2.35 crore. PBIDT rose 7.23% to Rs 150.16 crore. Provision for interest rose 7.84% to Rs 32.18 crore. PBDT rose 7.07% to Rs 117.98 crore. Provision for depreciation rose 21.61% to Rs 68.93 crore. Profit before tax down 8.33% to Rs 49.05 crore. Share of profit/loss were nil in both the periods. Provision for tax was expense of Rs 12.42 crore, compared to Rs 12.77 crore. Effective tax rate was 25.32% compared to 23.86%.Minority interest was nil in both the periods. Net profit attributable to owners of the company decreased 10.09% to Rs 36.63 crore. Promoters’ stake was 54.18% as of 31 December 2024 ,compared to 55.71% as of 31 December 2023 .
Full year results analysis.
Net sales (including other operating income) of Alicon Castalloy has increased 11.29% to Rs 1559.37 crore. Operating profit margin has jumped from 10.95% to 12.52%, leading to 27.31% rise in operating profit to Rs 195.30 crore. Raw material cost as a % of total sales (net of stock adjustments) decreased from 48.73% to 47.96%. Purchase of finished goods cost fell from 2.44% to 0.29%. Employee cost increased from 11.68% to 12.88%. Other expenses rose from 26.28% to 26.29%. Other income rose 8.57% to Rs 3.8 crore. PBIDT rose 26.89% to Rs 199.1 crore. Provision for interest rose 30.25% to Rs 40.69 crore. Loan funds rose to Rs 331.27 crore as of 31 March 2024 from Rs 300.86 crore as of 31 March 2023. Inventories declined from Rs 152.84 crore as of 31 March 2023 to Rs 135.92 crore as of 31 March 2024. Sundry debtors were higher at Rs 523.09 crore as of 31 March 2024 compared to Rs 440.93 crore as of 31 March 2023. Cash and bank balance declined from Rs 11.95 crore as of 31 March 2023 to Rs 11.21 crore as of 31 March 2024. Investments stood at Rs 2.76 crore as of 31 March 2024 to Rs 2.76 crore as of 31 March 2023. PBDT rose 26.05% to Rs 158.41 crore. Provision for depreciation rose 21.96% to Rs 77.52 crore. Fixed assets increased to Rs 439.66 crore as of 31 March 2024 from Rs 384.93 crore as of 31 March 2023. Intangible assets increased from Rs 47.99 crore to Rs 57.04 crore. Profit before tax grew 30.24% to Rs 80.89 crore. Share of profit/loss were nil in both the periods. Provision for tax was expense of Rs 19.61 crore, compared to Rs 10.69 crore. Effective tax rate was 24.24% compared to 17.21%. Minority interest was nil in both the periods. Net profit attributable to owners of the company increased 19.18% to Rs 61.28 crore. Equity capital stood at Rs 8.06 crore as of 31 March 2024 to Rs 8.06 crore as of 31 March 2023. Per share face Value remained same at Rs 5.00. Promoters’ stake was 55.71% as of 31 March 2024 ,compared to 55.71% as of 31 March 2023 . Cash flow from operating activities increased to Rs 157.36 crore for year ended March 2024 from Rs 90.33 crore for year ended March 2023. Cash flow used in acquiring fixed assets during the year ended March 2024 stood at Rs 109.66 crore, compared to Rs 81.86 crore during the year ended March 2023.
| Alicon Castalloy : Consolidated Results | | | Quarter ended | Year to Date | Year ended |
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| Particulars | 202412 | 202312 | Var.(%) | 202412 | 202312 | Var.(%) | 202403 | 202303 | Var.(%) |
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| Net Sales (including other operating income) | 392.10 | 404.97 | -3.18 | 1,295.83 | 1,140.07 | 13.66 | 1,559.37 | 1,401.16 | 11.29 | | OPM (%) | 8.74 | 12.89 | -415 bps | 11.41 | 12.08 | -67 bps | 12.52 | 10.95 | 158 bps | | OP | 34.26 | 52.20 | -34.37 | 147.81 | 137.70 | 7.34 | 195.30 | 153.41 | 27.31 | | Other Inc. | 0.83 | 0.78 | 6.41 | 2.35 | 2.33 | 0.86 | 3.80 | 3.50 | 8.57 | | PBIDT | 35.09 | 52.98 | -33.77 | 150.16 | 140.03 | 7.23 | 199.10 | 156.91 | 26.89 | | Interest | 10.54 | 10.24 | 2.93 | 32.18 | 29.84 | 7.84 | 40.69 | 31.24 | 30.25 | | PBDT | 24.55 | 42.74 | -42.56 | 117.98 | 110.19 | 7.07 | 158.41 | 125.67 | 26.05 | | Depreciation | 23.5 | 20.12 | 16.80 | 68.93 | 56.68 | 21.61 | 77.52 | 63.56 | 21.96 | | PBT | 1.05 | 22.62 | -95.36 | 49.05 | 53.51 | -8.33 | 80.89 | 62.11 | 30.24 | | Share of Profit/(Loss) from Associates | 0 | 0 | - | 0 | 0 | - | 0 | 0 | - | | PBT before EO | 1.05 | 22.62 | -95.36 | 49.05 | 53.51 | -8.33 | 80.89 | 62.11 | 30.24 | | EO Income | 0 | 0 | - | 0 | 0 | - | 0 | 0 | - | | PBT after EO | 1.05 | 22.62 | -95.36 | 49.05 | 53.51 | -8.33 | 80.89 | 62.11 | 30.24 | | Taxation | 0.27 | 5.88 | -95.41 | 12.42 | 12.77 | -2.74 | 19.61 | 10.69 | 83.44 | | PAT | 0.78 | 16.74 | -95.34 | 36.63 | 40.74 | -10.09 | 61.28 | 51.42 | 19.18 | | Minority Interest (MI) | 0 | 0 | - | 0 | 0 | - | 0 | 0 | - | | Net profit | 0.78 | 16.74 | -95.34 | 36.63 | 40.74 | -10.09 | 61.28 | 51.42 | 19.18 | | P/(L) from discontinued operations net of tax | 0 | 0 | - | 0 | 0 | - | 0 | 0 | - | | Net profit after discontinued operations | 0.78 | 16.74 | -95.34 | 36.63 | 40.74 | -10.09 | 61.28 | 51.42 | 19.18 | | EPS (Rs)* | 0.48 | 10.29 | -95.34 | 22.53 | 25.05 | -10.09 | 37.68 | 31.62 | 19.18 | | | * EPS is on current equity of Rs 8.13 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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