InvestorQ : How did you see the quarterly results of Tata Metaliks for the Mar-22 quarter?
Tisha Malhotra made post

How did you see the quarterly results of Tata Metaliks for the Mar-22 quarter?

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Aashna Tripathi answered.
7 months ago
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For the Mar-22 quarter, Tata Metaliks reported 22.25% higher sales revenues at Rs.807.92 crore on a consolidated basis. Sequential revenues were higher by 17.12%. FY22 revenues were higher by 43.5% yoy basis at Rs.2,762 crore. Tata Metaliks witnessed robust growth across Pig Iron and Ductile Iron Pipes verticals. Incidentally, Tata Metaliks reported its highest ever Hot Metals and Ductile Iron Pipes output of 565 KT and 236 KT respectively. Coke plant production was a record 232 KT while power generation stood at 22.4 MW.

 

Tata Metaliks

 

 

 

 

Rs in Crore

Mar-22

Mar-21

YOY

Dec-21

QOQ

Total Income (Rs cr)

₹ 807.92

₹ 660.87

22.25%

₹ 689.80

17.12%

Net Profit (Rs cr)

₹ 52.46

₹ 74.87

-29.93%

₹ 35.65

47.15%

 

 

 

 

 

 

Diluted EPS (Rs)

₹ 16.61

₹ 23.75

 

₹ 11.29

 

Net Margins

6.49%

11.33%

 

5.17%

 

  

The profit after tax for the Mar-22 quarter for Tata Metaliks stood at Rs.52.46 crore, a yoy profit compression of -29.93%. However, sequential profits were higher by 47.15%. That was because, Q4 EBITDA fell -10.54% to Rs.63.64 crore, largely triggered by the 79% spike in raw material costs during the quarter at Rs.543 crore. Despite reporting exceptional capital gains of Rs.30.83 crore in Q4 from sale of land, it could only partially offset input cost spike. Net margins stood at 6.49% in Mar-22 quarter as against 11.33% in Mar-21 quarter. PAT margins were higher by 132 basis points on a sequential basis, compared to Dec-21 quarter.

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