HIMADRI SPECIALITY CHEMICALS LTD - RESULTS FOR Q3 FY 2017-18 - Q E DECEMBER 2017

HIMADRI SPECIALITY CHEMICALS LTD

RESULTS FOR Q3 FY 2017-18

Q/E DECEMBER 2017

HIMADRI SPECIALITY CHEMICALS LTD has declared good results for the third quarter ending December 2017.Net Sales have increased YoY 44.5%. Net Profit has increased YoY 248.78%. Current Market Price is Rs.177 and PE is 26.34.

HIMADRI	Dec '17	Sep '17	Jun '17	Mar '17	Dec '16	YOY	QOQ
Net Sales	500.08	468.02	452.32	375.54	346.16	44.46	6.85
Other Operating Income	--	--	--	0.06	5.6
Total Income	500.08	468.02	452.32	375.6	351.76	42.17	6.85
EXPENDITURE
Raw Materials	339	333.1	308.27	245.43	228.79	48.17	1.77
Increase in Stocks	-11.94	-18.16	12.53	6.99	5.89	-302.72	-34.25
Employees Cost	11.51	11.53	9.84	9.57	9	27.89	-0.17
Depreciation	7.91	7.89	7.89	7.73	7.7	2.73	0.25
Other Expenses	38.02	38.96	21.85	41.18	40.42	-5.94	-2.41
P/L Before Other Inc. , Int., Excpt. Items & Tax	115.58	94.7	91.94	64.7	59.96	92.76	22.05
Other Income	1.72	1.88	1.18	-5.22	-4.98	-134.54	-8.51
P/L Before Int., Excpt. Items & Tax	117.3	96.58	93.12	59.48	54.98	113.35	21.45
Interest	12.11	20.81	18.59	13.83	24.24	-50.04	-41.81
P/L Before Tax	105.19	75.77	74.53	45.65	30.74	242.19	38.83
Tax	35.05	24.61	24.5	15.25	10.63	229.73	42.42
Net Profit	70.14	51.16	50.03	30.4	20.11	248.78	37.1
Equity	41.84	41.84	41.84	41.84	41.84	0	0
Basic EPS	1.68	1.22	1.2	0.73	0.48	250	37.7
Diluted EPS	1.68	1.22	1.2	0.73	0.48	250	37.7
MP	177
PE	26.34
VOLUME	1,164,944

Note : This does not constitute a BUY / SELL / HOLD recommendation

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