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1648.35
2.97%

Highlights:

  • Revenue from Operations grew 64% YoY to Rs. 10.9 billion in Q2 FY22, driven by 52% growth in non-UPI GMV
  • Contribution profit of Rs. 2.6 billion in Q2 FY22, up 592% YoY due to monetisation of our large distribution base through high margin offerings such as lending, advertisements and commerce offerings
  • Indirect expenses (excluding ESOPs) as a percentage of revenue reduced from 70% of revenues in Q2 FY21 to 63% of revenues in Q2 FY22 
  • Improved Adjusted EBITDA margin to (39%) of revenues in Q2 FY22 (Rs. 4,255 million), from (64%) of revenues Q2 FY21 (Rs. 4,267 million), along with increased investments in technology and merchant base expansion
  • Gross payment volume to merchants on Paytm platform (GMV) grew 107% YoY to Rs. 1,956 billion in Q2 FY22

 

 

Result PDF

No SMAs available
S
Siemens Ltd.
2021-11-25
2185.85
-0.56%

Highlights:

  • Siemens Limited announces Q4 FY 2021 results, Revenue from continuing operations grows by 15.2% with Rs.323 crore Profit after Tax; Board recommends dividend of Rs. 8/- per share (400%)
  • For the fourth quarter of Financial Year 2021, ended September 30, 2021, Siemens Limited registered a Standalone Revenue of Rs. 3,941 crore, a 15.2% increase over the corresponding quarter of the previous year, driven largely by the Digital Industries, Energy and Smart Infrastructure businesses.
  • Profit after Tax from continuing operations decreased by 3.0% to Rs. 323 crore, compared to Rs. 333 crore for the corresponding quarter of the previous year on account of increase in raw material and logistics costs.
  • An increase of 4.9% in New Orders from continuing operations at Rs. 3,378 crore as against Rs. 3,220 crore in the same period last year. The Company’s Order Backlog stands at an all-time high of Rs. 13,520 crore.
  • For the Financial Year 2021, Siemens Limited reported an increase of 32.4% in New Orders, 33.1% in Revenue and 40.3% in Profit after Tax from continuing operations over the previous Financial year.

Sunil Mathur, Managing Director and Chief Executive Officer, Siemens Limited, said “We are delighted with the overall performance of the Company. Our businesses have performed exceedingly well under very challenging conditions. We are now at pre COVID-19 volume levels with a record Order Backlog. As Government investment in infrastructure continues and capacity utilization levels increase, we believe tendering for private sector Capex will pick up in the months ahead. This will provide further impetus to our continued strategy of profitable growth.”

Result PDF

Number of FII/FPI investors increased from 461 to 486 in Sep 2021 qtr.
B
126
0.84%

Highlights:

  • The company reported a strong quarter, with consolidated revenues rising 73% YoY and PAT rising 106% YoY.
  • The company's Return on Equity(ROE), on an annualized basis, has reached 16.45% approximately. We are focused on improving this key ratio substantially.
  • The company's consolidated tax rate across all geographies in this quarter was 27.06%.
  • The Revenues of Brightcom saw a surge by 73% at Rs 1103.86 crore in Q2FY22 as against Rs 639.66 crore in Q2 last year, owing to increased consumer usage of digital media and digital channels to conduct commerce across the world, post the pandemic. Higher online sales led to much better eCPMs ( effective Cost per Impression) for digital marketers.
  • The PAT for the quarter more than doubled to Rs 212.15 crores from Rs 103 crores in Q2 last year.
  • Filtering technologies across the industry have reached a steady-state, cutting down the spurious traffic. This has contributed to the improvement of eCPMs as well.
  •  On the demand side, Brightcom has direct relationships with over 200 Ad Agencies across the world. The Company’s network size has increased to more than 60 billion impressions a month.

 

Result PDF

Promoters unpledged 7.61% of shares in last quarter. Total pledge stands at 11.13% of promoter holdings
E
124
1.39%

Highlights:

  • Q2 FY22 Revenue up 33%; 
  • H1 Revenue grows 49%

Commenting on the performance, Mr. Arvind Singhania, Chairman, Ester Industries said: “We have had a good first half with revenues expanding 50% over the previous year. All our businesses continue to perform well, helping us sustain the growth momentum.

 Specialty Polymer business delivered yet another quarter of solid performance on the back of good demand and off-take for our products. Demand for MB-03, one of our marquee products continues to remain strong, as reflected by the strong volume growth during the quarter. Innovative PBT as well maintained its momentum with a volume growth of 27% over the previous year. In addition to the existing products, demand for some of our newly introduced products like MB 07 & LMC 03 as well remain encouraging. As mentioned earlier, we expect the sales of the new products to pick up pace over the following quarters. Furthermore, we are also close to achieving techno commercial qualification for some of our other products as well, which once approved and commissioned should help us drive the revenues in the years to come.

Performance of Film business would have been better but for lower production owing to plant shut down for maintenance. Margins moderated largely owing to new capacities getting commissioned. Furthermore, higher shipping costs caused by global supply chain disruption impacted both margins and volume of export sales. Benign margin environment coupled with lower production owing to plant shut down for maintenance resulted in lower profitability during the quarter. Though the margin / profitability scenario is likely to remain subdued over short to medium term, we are working relentlessly to mitigate the same by higher volume of value added and off-line coated products. Lastly, commissioning of our new BOPET plant as well should help scale up our business in the coming years.

Engineering plastics business performed well with significant improvement in profitability. Demand from end-user customers remained buoyant which coupled with favourable pricing environment resulted in revenue growth of 51% for the quarter. We expect the business to perform well going forward as well. Eliminating the impact of increase in feedstock prices from raw material consumption and revenues from operations, the EBITDA margin for the Company would have been 24%.

We believe we are well placed to deliver growth and create value for our stakeholders.”  

 

 

Result PDF

Number of FII/FPI investors decreased from 23 to 16 in Sep 2021 qtr
648.3
1.46%

Highlights:

  • Q2 FY22 v/s Q2 FY21:
    • Revenue from Operations has marginally degrown from Rs. 4558.48 Mn in Q2 FY21 to Rs. 4439.39 Mn in Q2 FY22 mainly due to decline in Sale of Branded products because of unfavourable monsoons in this year.
    • The EBITDA increased by 11.12% from Rs. 577.49 Mn in Q2 FY 21 to Rs. 641.69 Mn in Q2 FY22 mainly due to the change in product mix where there was an increase in share of Maharatna products sale thereby giving higher margins.
    • EBITDA margins increased to 14.45% in Q2 FY22 from 12.67% in Q2 FY21. 
    • Net profit increased by 0.87% from Rs. 414.01 Mn in Q2 FY21 to Rs. 417.62 in Q2 FY22 
    • PAT margins increased to 9.53% in Q2 FY22 from 9.08% in Q2 FY21. 
  • H1 FY22 v/s H1 FY21:
    • Revenue from Operation recorded a growth by 5.40% from Rs. 8654.47 Mn in H1 FY21 to Rs. 9122 Mn in H1 FY22 mainly driven by an increase in sale of B2B products and Exports.
    • The EBITDA increased by 9.63% from Rs. 1069.56 Mn in H1 FY21 to Rs. 1172.51 Mn in H1 FY22 and a gain in the EBITDA margins from 12.36% in H1 FY21 to 12.85% in H1 FY22.
    • Net profit stood at Rs. 764.75 Mn in H1 FY22, compared to Rs. 654.82 Mn in H1 FY21 recorded a growth of 16.79%
    • Total Fixed Asset grew by 10.34% from Rs. 3228.33 Mn in H1 FY21 to Rs. 3562.26 Mn in H1 FY22
    • Current Asset stood at Rs. 10445.40 Mn in H1 FY22, compared to Rs. 9593.51 Mn in H1 FY21
    • Long term borrowing stood at Rs. 18.61 Mn in H1 FY22, compared to Rs. 14.42 Mn in H1 FY21 and Short-term borrowing at Rs. 1908.90 Mn in H1 FY22, compared to Rs. 559.77 Mn in H1 FY21
    • Inventory Holding Period has increased to 153 days in H1 FY 22 compared to 135 days in H1 FY 21 increased inventory holding of raw materials by the management due to production issues in China. 
    • Working Capital Cycle has increased to 160 days in H1 FY 22 compared to 115 days in H1 FY 21 due to increased inventory holding.
    • Debt Equity ratio has increased marginally, to 0.23 in H1 FY 22 compared to 0.07 in H1 FY 21 

Commenting on the performance, Mr. Rajesh Aggarwal, Managing Director, said: “The second quarter witnessed several challenges due to the 2nd wave of Covid-19 and flood like situation in various states due to heavy rainfall. The Pandemic has resulted in extended lockdowns, slowing down of economic activity and several logistic issues. The Agro sector was slightly less impacted and currently we are seeing demand picking up with easing of restrictions and relaxations in lockdown at several places.

The Company has recorded revenue from operations of Rs. 4439 Mn in Q2 FY22, and Rs. 9122 Mn on a half yearly basis, representing a growth of 5.40% on a half yearly basis. Revenue growth was driven by all segments except Branded Products (other than Maharatna category). The Maharatna category of branded products grew by 17% from Rs 1793.5 Mn in Q2 FY21 to Rs 2099 Mn in Q2 FY22. The revenue of branded products other than the Maharatna Range fell by 32% from Rs 1559.3 Mn in Q2 FY21 to Rs. 1062 Mn in Q2 FY22 mainly due to change in product mix, increased focus on Maharatna range of products under the tail cutting policy of the company. The exports grew by 28.76% and institutional sales grew by 3% on a quarterly basis. We are happy to state that we have achieved an export sale of Rs 563 MN on a half yearly basis in FY22 vs our total export turnover of Rs 610 MN on a full year basis of FY 21. The Company delivered EBITDA of Rs. 641.69 Mn in Q2 FY21, with margins of 14.45%. Net profit for the quarter was Rs. 423 Mn, with margins of 9.53%. The company also received registration under section 9 (3) of the Indian Patent Act for two technical in the current quarter.

The growth was minutely impacted due to lockdowns and slowing of economic activity. Despite challenges, we were successful in maintaining an adequate level of engagements with our customers and other stakeholders via digital channels.

We are also trying to remedy our dependency on China for raw materials; firstly by planning to launch Japanese products and technicals through our in-licensing partners. Secondly, keeping in mind our government’s Make-In-India policy and economies of backward integration we have invested substantially in enabling our plants, like Dahej & Rajasthan; to produce the raw materials & technicals required for our products. We are proud to state that we produce around 20 technicals which are used in 30-40 of our formulations and plan to increase this number in the coming years. We also plan to ultimately export our in-house technicals so as to become less reliant on imports and increase our export share. Lastly, the management was able to successfully envisage the issue of price increase in raw materials due to production abruptions in China and hasthus, put in a plan to mitigate it by increasing level of inventory holding to ensure uninterrupted production in our plants for the fiscal year 21-22. The company further plans to remedy this by increasing the production of premium selling products where the increase in raw material prices is relatively moderate. We do not anticipate any adverse impact of this event on our margins, rather we foresee a positive growth in our margins during FY22.

Thus, the issue of raw material price increase is backed by a well-planned pricing and production strategy to ensure that the plans & targets for FY 22 are met and further help us to reduce our dependency on China.

With the re-opening of the economy post the second national lockdown, we expect lot of new product registrations to be finalized in the upcoming quarters. Our exports of Rs. 177.52 MN in Q2 FY 2022, and Rs 563.83 MN till end of H1 FY 22, is in line with our export target of 1000 MN export sales for FY 22.

Management team remains committed to continue its efforts in launching many new products this year, improve profitability of the business through expanding its backward integration capabilities and take all other strategic measures so as to increase the longterm value for all its stakeholders.”

 

Result PDF

Number of FII/FPI investors increased from 16 to 25 in Sep 2021 qtr.

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