CHEMFAB ALKALIS LTD=RESULTS FOR = Q3 FY 12 ENDING DECEMEBR,2011 = SALES LOWER BY 30.5% YOY

Chemfab Alkalis Limited

NSE Symbol        CHEMFALKAL

CHEMFAB ALKALIS LTD  has declared its results for the Q3 FY 2012  ending Dec,2011.

Net Sales at Rs.18.86 cr is less by -22.26% from previous qtr and less by    -30.46% from corresponding qtr of last year.

Profit from Operations at Rs.2.55 cr is less by -45.04% from previous qtr and less by -27.76% from corresponding qtr.

Profit before tax at Rs.3.13 cr is less than previous qtr by -41.05%; and less by -21.16% from corresponding qtr.

Lower Tax expense has however saved the day. 

Net Profit at Rs.2.81 is higher than previous qtr (Rs.1.87 cr) by 50.27% and corresponding Qtr (Rs.2.69 cr) by 4.46%.

Face Value of share is Rs.5. Basic EPS  in Q3 is Rs.3.06 and In Q2 is Rs.2.05.The annualized EPS may be around Rs.9.

Current  MP is Rs.44.25 and the 52 week high price  is Rs.70 while the 52 week low price is Rs.38.50.

The PE Ratio is around 4.88.

RESULTS TABLE:

chermfab alkalis		31-Dec-11		30-Sep-11	% DIF1			31-Dec-10	% DIF2
Net Sales		1886		2426	-22.26			2712	-30.46
Increase in SIT/WIP		-		-27				1
Raw Materials		178		1191	-85.05			1238	-85.62
Traded Goods		100		12	733.33			297	-66.33
Employees Cost		177		170	4.12			181	-2.21
Depreciation		171		171	0			192	-10.94
Other Expenditure		1005		445	125.84			450	123.33
Total Expenditure		1631		1962	-16.87			2359	-30.86
Profit from Operations		255		464	-45.04			353	-27.76
Other Income		58		67	-13.43			52	11.54
Profit before tax		313		531	-41.05			397	-21.16
Tax expense		32		344	-90.7			128	-75
Net Profit		281		187	50.27			269	4.46
Face Value (In Rs		5		5	0			5	0
Paid Up Equity		459		459	0			459	0
Basic EPS		3.06		2.05	49.27			2.93	4.44
Public holding (%)		25.01		25.01	0			25.01	0

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