Thursday, January 26, 2012

Indraprastha Gas Limited - Qtrly Resutls - Q3 FY 2012 - Q/E Dec,2011 - Net Sales up 45.49% YoY; NPT up 3% Yoy

Indraprastha Gas Limited
NSE Symbol        IGL

INDRAPRASTAH GAS has declared results for the 3rd quarter ending Dec,2011.

Net Sales  stands at Rs.661.54 cr – up by  10.83% from Q2 FY 12 and Up by  a Good  45.49% from Q3 FY 11. The Sales increase in last 5 qtrs has been consistent and good.

Raw Materials consumption has increased more  than proportionately – to Rs.423.27 cr – up by  18.11% from Q2 FY 12; and up by  a huge 62.88% from Q3 FY 11.

Total Expenditure has increased to Rs.549.49 Cr – up by 15.93% from Q2 FY 12; and up by  55.23% from Q3 FY 11 (more than proportionate to NET SALES).

Profit from Operations stands at Rs.113.64 Cr – down by  -7.99% from Q2 FY 12; and up by 10.21% from Q3 FY 11.

Profit before tax stands at Rs.101.59 Cr – down by  -10.3% from Q2 FY 12; and up by a  nominal 1.93% from Q3 FY 11.

Tax expense has come down to Rs.32.44 cr, down by  -9.96% from Q2 FY 12; and down by  -0.12% from Q3 FY 11.

Net Profit finally stands at Rs.69.15 Cr – down by -10.46% from Q2 FY 12 and up by a nominal  2.91% from Q3 FY 11. The huge Raw material costs seem to have taken the toll on current quarter Operations and profits.

Basic EPS in Q3 FY 12 stands at Rs.4.94; Rs.5.52 in Q2 FY 12;Rs.5.72 in Q1 FY 12.

Annual EPS may come to Rs.21.12 on a face value of Rs.10.

Current market price is Rs.349.95 – while the 52 week high price is Rs.454 and the 52 week low price  is Rs.285

The PE Ratio works out to 15.57.

RESULTS TABLE :
indra prastha gas
31-Dec-11
30-Sep-11
%DIF1
30-Jun-11
31-Mar-11
31-Dec-10
%DIF2
Net Sales
66154.21
59690.44
10.83
53639.02
50927.95
45470.63
45.49
Other Operating Income
159.22
59.27
168.6
100.63
152.37
238.71
-33.3
Increase in SIT/WIP
-30.72
-29.43
4.38
-18.12
-41.43
-8.72
252.29
Raw Materials
42326.6
35837.45
18.11
30062.06
30279.02
25987.01
62.88
Employees Cost
1068.03
1000.13
6.79
994.37
896.55
990.29
7.85
Depreciation
3679.94
3444.31
6.84
3220.7
2973.31
2615.73
40.69
Other Expenditure
7905.49
7146.5
10.62
6867.64
6227.84
5813.44
35.99
Total Expenditure
54949.34
47398.96
15.93
41126.65
40335.29
35397.75
55.23
Profit from Operations
11364.09
12350.75
-7.99
12613
10745.03
10311.59
10.21
Other Income
147.72
149.92
-1.47
134.78
78.66
66.95
120.64
Interest
1352.77
1175.23
15.11
900.96
702.96
411.6
228.66
Profit before tax
10159.04
11325.44
-10.3
11846.82
10120.73
9966.94
1.93
Tax expense
3244.02
3602.98
-9.96
3840.15
3204.8
3247.78
-0.12
Net Profit
6915.02
7722.46
-10.46
8006.67
6915.93
6719.16
2.91
Face Value (In Rs
10
10
0
10
10
10
0
Paid Up Equity
14000.02
14000.02
0
14000.02
14000.02
14000.02
0
Basic EPS
4.94
5.52
-10.51
5.72
4.94
4.8
2.92
Public holding (%)
55
55
0
55
55
55
0


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