Jayant Agro Organics Limited - QTRLY RESULTS - Q3 FY 2012 - Q/E DEC,2011 - NET SALES UP 45%YoY; NPT UP 51%YoY

Jayant Agro Organics Limited

NSE Symbol        JAYAGROGN

JAYANT AGRO ORGANICS  has declared its results for the 3^rd qtr ending Dec,2011.

Net Sales for Q3 FY 12 stands at Rs.365.11 Cr – down by   -19.45% from Q2 FY 12 (Previous qtr ) and Up by  45.19% from Q3 FY 11 (corresponding qtr).

Raw Materials consumption in Q3 FY 12 stands at Rs.271.31 Cr – Down by  -35.39% from Q2 FY 12; but up by  57.04% from Q3 FY 11.

Total Expenditure stands at Rs.348.11 Cr in Q3 FY 12 – down by           -19.74% from Q2 FY 12; and up by  44.24% from Q3 FY 11.

Profit from Operations stands at Rs.17.32 Cr in Q3 FY 12 – down by -13.29% from Q2 FY 12; but up by  50.69% from Q3 FY 11.

Profit  before tax stands at Rs.9.86 Cr in Q3 FY 12; down by  -16.08% from Q2 FY 12; and up by 48.99% from  Q3 FY11.

Tax expense stands at Rs.3.24in Q3 FY 12; down by  -8.72 from Q2 FY 12; and up by 45.13% from Q3 FY 11.

Net Profit  stands at Rs.6.62 Cr  in Q3 FY 12; compared to Rs.8.2 cr in Q2 FY 12 (down by -19.27%); and Rs.4.38 Cr in Q3 FY 11 (up by 50.97%).

Basic EPS stands at Rs.4.41 in Q3 FY 12; Rs.5.46 in Q2 FY 12; Rs.3.85 in Q1 FY 12; Rs.1.55 in Q4 FY11 and Rs.2.92 in Q3 FY 11.

The annual EPS can be around Rs.18.13.

The current Market Price is around Rs.91, while the  52 week high price  is Rs.114 and the 52 week low price is Rs.76.95.

The PE Ratio is around 5.02.

RESULTS TABLE :

jayant agro organics	31-Dec-11	30-Sep-11	%DIF1	31-Dec-10	%DIF2
Net Sales	36511.12	45326.63	-19.45	25146.68	45.19
Other Operating Income	32.18	46.61	-30.96	137.48	-76.59
Increase in SIT / WIP	5094.56	-1468.06	-447	4234.31	20.32
Raw Materials	27130.55	41988.83	-35.39	17275.95	57.04
Employees Cost	223.99	211.24	6.04	173.79	28.89
Depreciation	72.14	71.93	0.29	70.5	2.33
Other Expenditure	2290.17	2572	-10.96	2380.32	-3.79
Total Expenditure	34811.41	43375.94	-19.74	24134.87	44.24
Profit from Operations	1731.89	1997.3	-13.29	1149.29	50.69
Interest	745.85	822.38	-9.31	487.49	53
Profit  before tax	986.04	1174.92	-16.08	661.8	48.99
Tax expense	324.36	355.33	-8.72	223.5	45.13
Net Profit	661.68	819.59	-19.27	438.3	50.97
Face Value (In Rs	5	5	0	5	0
Paid Up Equity	750	750	0	750	0
Basic EPS	4.41	5.46	-19.23	2.92	51.03
Public holding (%)	40.07	40.07	0	40.07	0

*  *  *  E  N  D  *  *  *