Camlin Limited
NSE Symbol CAMLIN
CAMLIN LTD has declared its first qtr (Q1 FY 2012) results for Q/e June 2011.
Net Sales is Rs.112.44 cr – up by 63.16% from Preceding Qtr of Q4 FY11 – and down by 6.71% from the corresponding Qtr of Q1 FY11.
Total Expenditure is Rs.101.74 cr – up by 47.86% from Q4 FY 11; and Down by 4.57% from Q1 FY 11.
Profit from Operations is Rs.10.71 cr – up by 2330% from Q4 FY 11 but down by 24.88% from Q1 FY11.
Profit before tax is Rs.8.38 cr – up by 669.37% from Q4 FY 11 and down by 34.17% from Q1 FY 11.
Net Profit is Rs.6.25 cr – up by 1090 Cr from previous Qtr and Down by 34.42% from Q1 FY11.
Basic EPS on a Face value of Rs.1 is Rs.1.02 – against Rs.(-)0.1 in Q4 FY 11 and Rs.1.58 in Q1 FY 11.
Generally – the first quarter of the year is very important for CAMLIN. If it goes well – the rest of the quarters will be well. Though Camlin has scored reasonably in Q1 FY12 – the performance falls much short of the First quarter of Q1 FY11 of last year. The other quarters are not comparable to the First quarter. There is not much increase in expenditure. But, Sales itself is less and therefore profits are less. So- whether Camlin will improve in next 3 quarters significantly and go beyond last year’s total performance in Sales and Profits with reasonable Growth needs to be seen.
Generally – the emphasis on Education by Government and people - augurs well for the company. The company is looking at new Geographies – and Capacity expansion is on, in all 4 of its Plants. It has Modernized their Plants – which are now well equipped for next 2 years. No further fund raising is LIKELY. It is also – setting up schools which are getting good response.
ANNOUNCEMENTS TO NSE
08-07-2011 Camlin Limited has informed the Exchange that in terms of approval received from members in the Extra-ordinary General Meeting held on June 29, 2011, the Committee of Directors of the Company, at the meeting held on July 08, 2011, have allotted 69,34,000 Equity shares of Re.1/- each at a price of Rs. 85/- per equity share for cash (Inclusive of Share premium of Rs 84/- per share)to Kokuyo S&T Co. Ltd. Consequent, to this allotment the paid up Equity Share capital of the Company is 6,79,98,537 Equity Shares of Re 1/- each.
31-05-2011 press release dated May 30, 2011, titled "Camlin Ltd., (India) & Kokuyo Co., Ltd., (Japan) enter into a strategic alliance to create waves in Stationery Industry".
25-05-2011 Camlin Limited has recommended a Dividend of Re.0.25 per share i.e. 25% on 6,10,64,537 Equity Shares of Re.1/- each.
04-02-2011 Camlin Limited has informed the Exchange with reference to the News Report that appeared in the News Paper on February 4, 2011 regarding MOU with Zebra Co Ltd., of Japan, the company would like to clarify that the arrangement with Zebra (Japan) is a part of regular business. This MOU will add Zebra pens made in Japan to the product offering which is of writing instruments. Company are not diversifying into any other area, but is improving upon the Product Offerings which is an on going exercise, which is not a significant disclosure affecting the price sensitivity.
RESULTS TABLE :
camlin ltd | 30-Jun-11 | 31-Dec-10 | 30-Jun-10 |
Net Sales | 11244.42 | 6891.57 | 12053.37 |
Other Operatng Income | 0.13 | 33.08 | 32.63 |
Increase in SIT/WIP | 165.1 | -356.75 | 770.19 |
Raw Materials | 3173.39 | 2864.61 | 3493.47 |
Traded Goods | 3942.02 | 1813.22 | 3755.09 |
Employees Cost | 827.29 | 686.08 | 771.36 |
Depreciation | 169.91 | 160.3 | 146.65 |
Other Expenditure | 1896.08 | 1713.13 | 1723.79 |
Total Expenditure | 10173.79 | 6880.59 | 10660.55 |
Profit from Operations | 1070.76 | 44.06 | 1425.45 |
Other Income | - | - | 0.05 |
Interest | 232.87 | 191.22 | 152.66 |
Profit before tax | 837.89 | -147.16 | 1272.84 |
Tax expense | 212.8 | -84.02 | 319.63 |
Net Profit | 625.09 | -63.14 | 953.21 |
Face Value (In Rs | 1 | 1 | 1 |
Paid Up Equity | 610.65 | 610.2 | 602.96 |
Basic EPS | 1.02 | -0.1 | 1.58 |
Diluted EPS | 1 | -0.1 | 1.56 |
Public Holding (%) | 61.87 | 61.81 | 61.35 |
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