iifl-logo-icon 1
IIFL

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp

  • Open Demat with exclusive Advice & Services
  • Get a dedicated Relationship Manager to help you grow your wealth
  • Exclusive advisory on 20+ trading & wealth-based investment options
  • One tap Investments, Automated trading & much more
  • Minimum 1 lakh margin required
sidebar image

Meghmani FInechem Q4 PAT up 3-fold to Rs99.09cr on subdued growth in raw material costs

25 Apr 2022 , 06:49 PM

Meghmani Organics
Meghmani FInechem Ltd reported 92.92% growth yoy in total revenues for the Mar-22 quarter on consolidated basis at Rs498.80cr. On a sequential basis, revenues were higher for the quarter by 18.15%.

For the full year FY22, the revenues were higher by 87.1% at Rs1,551cr. Meghmani is into the manufacture of chlor alkali for the domestic market and being a specialty chemicals, has seen robust demand pick in the latest quarter.

Net cash from operating activities for FY22 was 24% higher on a yoy basis at Rs284cr.

The consolidated net profit for Q4 was up by 202.47% at Rs99.09cr while the net profits were up by an impressive 42.11% in a sequential basis.

The sharp spike in the profitability of the specialty chemical company came about due to the subdued growth in raw material costs at a much slower rate compared to the growth in sales for the quarter.

Net margins stood at 19.87% in Mar-22 quarter compared to 12.67% in Mar-21. The net profit margins were higher by 335 basis points on a sequential basis, compared to Dec-21 quarter.

Financial highlights for Mar-22 compared yoy and sequentially

Meghmani FInechem
Rs in Crore Mar-22 Mar-21 YOY Dec-21 QOQ
Total Income (Rs cr) ₹ 498.80 ₹ 258.55 92.92% ₹ 422.17 18.15%
Net Profit (Rs cr) ₹ 99.09 ₹ 32.76 202.47% ₹ 69.73 42.11%
Diluted EPS (Rs) ₹ 23.85 ₹ 5.61 ₹ 16.78
Net Margins 19.87% 12.67% 16.52%

 

Related Tags

  • Chemicals Sector
  • Meghmani FInechem management
  • Meghmani FInechem news
  • Meghmani FInechem Q4
  • Meghmani FInechem Q4FY22 Chemicals business
  • Meghmani FInechem Q4FY22 PAT
  • Meghmani FInechem Q4FY22 Result
sidebar mobile

BLOGS AND PERSONAL FINANCE

Read More
Knowledge Centerplus
Logo

Logo IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000

Logo IIFL Securities Support WhatsApp Number
+91 9892691696

Download The App Now

appapp
Knowledge Centerplus

Follow us on

facebooktwitterrssyoutubeinstagramlinkedin

2024, IIFL Securities Ltd. All Rights Reserved

ATTENTION INVESTORS
  • Prevent Unauthorized Transactions in your demat / trading account Update your Mobile Number/ email Id with your stock broker / Depository Participant. Receive information of your transactions directly from Exchanges on your mobile / email at the end of day and alerts on your registered mobile for all debits and other important transactions in your demat account directly from NSDL/ CDSL on the same day." - Issued in the interest of investors.
  • KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
  • No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

www.indiainfoline.com is part of the IIFL Group, a leading financial services player and a diversified NBFC. The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.

RISK DISCLOSURE ON DERIVATIVES
  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to Rs. 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.
Copyright © IIFL Securities Ltd. All rights Reserved.

Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248

plus
We are ISO 27001:2013 Certified.

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.

closeIcon

Get better recommendations & make better investments

Invest wise with Expert advice

By continuing, I accept the T&C and agree to receive communication on Whatsapp