AARTI INDUSTRIES Announces Quarterly Results (1QFY22); Net Profit Up 98.4%

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AARTI INDUSTRIES Announces Quarterly Results (1QFY22); Net Profit Up 98.4%
Mon, 9 Aug

AARTI INDUSTRIES has announced its results for the quarter ended June 2021. Here is a detailed performance review of the same:

AARTI INDUSTRIES Quarterly Financials

No. of Mths
Qtr. Ending
3
Jun-20*
3
Mar-21*
3
Jun-21*
QoQ ChangeYoY Change
Net SalesRs m9,37312,09413,1688.9%40.5%
Other incomeRs m201400.0%-77.3%
TurnoverRs m9,37612,09413,1688.9%40.5%
ExpensesRs m7,5539,49110,0305.7%32.8%
Gross profitRs m1,8202,6033,13820.6%72.4%
DepreciationRs m5206566864.5%31.9%
InterestRs m25321638377.1%51.2%
Profit before taxRs m1,0491,7312,07019.6%97.3%
TaxRs m21733741924.3%93.1%
Profit after taxRs m8321,3931,65118.5%98.4%
Gross profit margin%19.421.523.8
Effective tax rate%20.719.520.2
Net profit margin%8.911.512.5
* Results Consolidated
Interim results exclude extraordinary / exceptional items
Source: Accord Fintech, Equitymaster


Year-on-Year Performance:
  • The company's operating income during the quarter grew 40.5% on a year-on-year (YoY) basis. The expenses were up by 32.8% YoY during the same period.
  • The company's operating profit increased by 72.4% YoY during the quarter. Consequently, operating profit margins witnessed a growth and stood at 23.8% in 1QFY22 as against 19.4% in 1QFY21.
  • Depreciation charges increased by 31.9% and finance costs increased by 51.2% YoY, respectively.
  • Other income declined by 77.3% YoY during the quarter.
  • Net profit for the quarter increased by 98.4% YoY. Net profit margins during the quarter increased from 8.9% in 1QFY21 to 12.5% in 1QFY22.
Quarter-on-Quarter Performance:
  • The company's operating income during the quarter grew 8.9% on a quarter-on-quarter (QoQ) basis. The expenses were up by 5.7% QoQ during the same period.
  • The company's operating profit increased by 20.6% QoQ during the quarter. Consequently, operating profit margins witnessed a growth and stood at 23.8% in 1QFY22 as against 21.5% in 4QFY21.
  • Net profit for the quarter increased by 18.5% QoQ, while net profit margins increased from 11.5% in 4QFY21 to 12.5% in 1QFY22.

To see how AARTI INDUSTRIES has performed over the last eight quarters,please visit here.

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AARTI INDUSTRIES Share Price Performance

Over the last one year, AARTI INDUSTRIES share price has moved up from Rs 533.8 to Rs 951.1, registering a Gain of Rs 417.2 or around 78.2%.

Overall, the S&P BSE SENSEX is up 44.4% over the year.

Current Valuations

At the current price of Rs 951.1, the price to earnings (P/E) ratio of AARTI INDUSTRIES stands at 26.9 times its trailing twelve months earnings, while its price to book value (P/BV) ratio stands at 5.6 times.

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AARTI INDUSTRIES Announces Quarterly Results (4QFY21); Net Profit Up 26.3% (Quarterly Result Update)

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For the quarter ended March 2021, AARTI INDUSTRIES has posted a net profit of Rs 1 bn (up 26.3% YoY). Sales on the other hand came in at Rs 12 bn (up 12.4% YoY). Read on for a complete analysis of AARTI INDUSTRIES's quarterly results.

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