Astral Poly Technik once again Delivers a Robust top-line & PAT Growth of 42% & 50% Respectively for the Financial Year 2012-2013
May 20, 2013 - Ahmedabad, Gujarat, India
Overview of Q4 FY 2012-13 v/s Q4 FY 2011-12
-- Company’s sales from operations increased by 43% to Rs. 2,610.90 Mn 2012-13 as against Rs. 1,820.4 Mn in the previous year. (On full year basis Sales has increased by 42% from Rs. 5,793.2 Mn to Rs. 8,210.9 Mn).
-- EBITA has increased to Rs. 483.9 Mn as against Rs. 377.0 Mn in the previous year (On full year basis EBITA has increased by 33% from Rs. 837.3 Mn to Rs. 1117.5 Mn).
-- PBT has increased to Rs. 392.4 Mn for the quarter as against Rs. 245.4 Mn in the previous year (On full year basis PBT has increased by 55% from Rs. 503.7 Mn to Rs. 779.1 Mn).
-- Profit After Tax (PAT) has increased to Rs. 292.2 Mn for the quarter as against Rs. 192.8 Mn in the previous year (On full year basis PAT has increased by 50% from Rs. 397.5 Mn to Rs. 595.2 Mn).
-- The Company has reported an Earning per Share (EPS) of Rs. 13 for the current quarter (On Rs.5/- Paid up Shares). (On a full year basis company has delivered an EPS of Rs. 26.48 an increase of 50% )
-- The Company has recommended Final Dividend of Rs. 0.75 (15%) in addition to an Interim Dividend of Rs. 0.50 (10%) per equity share of Rs. 5/- each.
The company continues to maintain its growth momentum and has delivered a topline growth of 40% + CAGR, consecutively since the last 8 years.
This is the first year in which company has crossed an EBITA of Rs. 1,000 Mn. Similarly the PAT growth was more than Sales growth. (42% and 50% respectively).
During the year under review company has increased its production capacity to 77,212 M.T. from 65,496 M.T. (An increase of 18%).
During the year company has utilized its capacity to the tune of 49,495 M.T. as against the last year’s 38,824 M.T. which shows a growth of 27%. During the last quarter which is the peak quarter for the company, it has utilized capacity to the tune of 15,218 M.T.
During the year company has booked Foreign Exchange loss of Rs. 109.6 Mn on its borrowing on account of depreciation of rupee which includes Rs.44.12 Mn unrealized loss.
During the second half of the year under review company has started manufacturing of CPVC Solvant cement in its subsidiary company ADVANCED ADHESIVES LIMITED Which has generated a Top Line of Rs. 123.8 Mn and EBITA of Rs. 34.6 Mn and a PAT of Rs.33.2 Mn.
Due to recent change in Shareholding of the Joint venture Company in East Africa, company is planning to add its capacity in Kenya from 3,000 M.T. to 6,000 MT.
To view the Quarterly results, please click on the link given below:
Quarterly financial results
Source: Business Wire India