TA:
Breakout the Parallel channel with Gap up
FA:
Key highlights for Q1FY23 ended June 30, 2022
• Revenues grew by 40.43% YoY to Rs. 99.94 crore, on account of robust volume growth
over last year and higher realization on consolidated basis
• Shunt Resistors comprised 48.63% of total revenues and grew by 34.24% YoY
• Thermostatic bimetal/trimetal strips comprised 49.09% of total revenues and grew by
44.08% YoY
• Operating Margin stood at 26.51% increasing by 303 bps YoY, led by higher operating
leverage and increased sales volume
• PAT grew by 53.07% YoY to reach Rs. 17.11 crore, driven by high growth in revenue
from operations and product mix
• Rating has been upgraded from “CRISIL A-/Stable” to “CRISIL A /Stable” dated May 31,
2022.
All business segments witnessed secular solid growth in double digits: thermostatic
bimetal/trimetal strips grew by 44.08% YoY to reach Rs. 49.06 crore and grew sequentially
by 9.76% QoQ; while shunt resistors grew by 34.24% YoY to reach Rs. 48.60 crore and
Breakout the Parallel channel with Gap up
FA:
Key highlights for Q1FY23 ended June 30, 2022
• Revenues grew by 40.43% YoY to Rs. 99.94 crore, on account of robust volume growth
over last year and higher realization on consolidated basis
• Shunt Resistors comprised 48.63% of total revenues and grew by 34.24% YoY
• Thermostatic bimetal/trimetal strips comprised 49.09% of total revenues and grew by
44.08% YoY
• Operating Margin stood at 26.51% increasing by 303 bps YoY, led by higher operating
leverage and increased sales volume
• PAT grew by 53.07% YoY to reach Rs. 17.11 crore, driven by high growth in revenue
from operations and product mix
• Rating has been upgraded from “CRISIL A-/Stable” to “CRISIL A /Stable” dated May 31,
2022.
All business segments witnessed secular solid growth in double digits: thermostatic
bimetal/trimetal strips grew by 44.08% YoY to reach Rs. 49.06 crore and grew sequentially
by 9.76% QoQ; while shunt resistors grew by 34.24% YoY to reach Rs. 48.60 crore and
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.