• Open an A/C
    • Open an A/C
    • Trading A/c
    • Mutual Fund A/c
    • NBFC A/c
    • NPS A/c

Home > News >

  • Finetox Chemical
  • December 13,2017  16:45
  • Finetox chemical net sales rose 21% to Rs 486 crore in Q2FY'18 compared to corresponding previous year period while net profit of the company increased 3% to Rs 22 crore.

    Operating margins of the company was flat at 23% leading 21% increase in operating profits to Rs 8.02 crore. Cost of material consumed as a percentage of net sales (net of stock adjustment) rose 890 bps to 52%. Purchase of stock in trade was down 1050 bps to 4%. Employee benefit expenses increased 80 bps to 44%. Other expenses fell 20 bps to 14%.

    Other income fell 44% to Rs 15 crore. PBDIT decreased 1% to Rs 9.97 crore.

    Interest cost was up 49% to Rs 0.13 crore. PBDT decreased 1% to Rs 9.84 crore.

    Depreciation fell 5% to Rs 0.15 crore. PBT as a result fell 1% to Rs 9.69 crore. Considering 170 bps rise in effective tax rate to 32.2% PAT fell 4% to Rs 6.57 crore.

    Performance for half year ended September 2017

    In H1FY'18 net sales rose 12% to Rs 65.21 crore compared to corresponding previous year period while net profit of the company rose 4% to Rs 11.49 crore.

    Operating margins of the company rose 30 bps to 22.7% leading 14% growth in operating profits to Rs 14.79 crore.

    Other income fell 43% to Rs 2.96 crore. PBDIT decreased 2% to Rs 17.74 crore.

    Interest cost was up 34% to Rs 0.24 crore. PBDT declined 3% to Rs 17.5 crore

    Depreciation rose 12% to Rs 0.31 crore. PBT as a result fell 3% to Rs 17.19 crore.

    Considering 90 bps fall in effective tax rate to 29.3% net profit rose 4% to Rs 11.49 crore.

    The scrip is currently trading at Rs 42.4

    Finetox Chemical : Consolidated Results


    Particulars1709 (3)1609 (3)Var. (%)1709 (6)1609 (6)Var. (%)1703 (12)1603 (12)Var. (%)
    Income from Operations34.86 28.78 2165.21 58.07 12128.07108.7318
    OPM (%)
    Other income1.95 3.46 -442.96 5.18 -434.293.3229
    Depreciation0.15 0.16 -50.31 0.28 120.630.5613
    PBT 9.699.82-117.1917.74-333.1528.8615
    Tax Expenses3.12 3.00 45.03 5.35 -69.259.141
    Minority Interest0.340.75-540.681.34-493.262.67
    Net profit6.226.07311.4911.06420.6317.04
    EPS (Rs)*
    * Annualised on current equity of Rs 22.26 crore. Face Value: Rs 2 each
    Var. (%) exceeding 999 has been truncated to 999
    LP: Loss to Profit PL: Profit to Loss
    EO: Extraordinary items
    EPS is calculated after excluding EO and relevant tax
    Figures in Rs crore
    Source: Capitaline Corporate Database

    Powered by Capital Market - Live News

Follow us:

Disclaimer: Investment in securities and commodities market are subject to market risks, read all the related documents carefully before investing. SMC Global Securities Ltd. (CIN : U67120DL1997PLC188881): NSE INB/ INF/INE 230771431, BSE INB/INF 011343937, MSEI INB/INF 260771432, CDSL/NSDL-IN-DP-130-2015, SMC Research Analyst Registration- INH 100001849 I SMC Comtrade Ltd.: NCDEX/MCX (8200)/ NMCE/ICEX-INZ000035839 I SMC Investments and Advisors Ltd.: PMS INP000003435 I SMC Insurance Brokers Pvt. Ltd., IRDAI Regi: No: DB 272/04, License No. 289 Valid upto 27/01/2020 I Registered Office: 11/6B, Shanti Chamber, Pusa Road, New Delhi-110005, Tel.: (011) 30111000. For any complaints email – igc@smcindiaonline.com, website: www.smctradeonline.com

Insurance is the subject matter of solicitation • All insurance products sold through SMC Insurance Brokers Pvt. Ltd. • Investment Banking Services provided by SMC Capitals Ltd. • Equity PMS and Wealth management services provided by SMC Investments & Advisors Ltd. • IPOs and Mutual Funds distribution services are provided by SMC Global Securities Ltd. • Financing Services provided by Moneywise Financial Services Pvt Ltd. • Commodity broking services provided by SMC Comtrade Ltd. • Real Estate Advisory services are offered through SMC Real Estate Advisors Pvt. Ltd.


Toll-free : 1800-11-0909
Email: contact@smctradeonline.com

Copyright ©2016 SMC. All Rights Reserved | Disclaimer | Privacy Policy | RMS Policy | Copyright| Testimonials| Sitemap| Grievance| design agency: triverse| Powered by C-MOTS Infotech (ISO 9001:2015 certified)
Open An Account

Open my trading account now!  X 

* All fields are compulsory