Zuari Industries Limited
NSE Symbol ZUARIAGRO
ZUARI
INDUSTRIES has reported its
performance results for the qtr ending
Dec,2011.
Net
Sales stands at Rs.1856.19 cr –
compared to Rs.1890.95 cr in Q2 FY 12 (down by -1.84%); Rs.1104.08 Cr in Q1 F
12 (Up by 68.12%); and Rs.1524.06 Cr in Q3 Fy 11 (Up by 21.79%).
Profit
from Operations stands at Rs.35.84 cr in Q3 FY 12; -
against Rs.45.62 cr in Q2 FY 12 (down by -21.44%); Rs.42.06 Cr In Q1 Fy 12
(down by -14.79%); and Rs.55.67 cr in Q3 FY 11 (down by -35.62%).
Net
Profit stands at Rs.31.38 Cr in
Q3 FY 12; compared to Rs.47.64 cr in Q2
FY 12 (-34.13%); Rs.32.46 cr in Q1 FY 12 (down by -3.33%); and Rs.36.57 Cr In
Q3 Fy 11 (down by -14.19%). Thus, results are lower compared to all 3 qtrs
compared.
Basic
EPS stands at Rs.10.65 in Q3
FY 12 (On a FV of Rs.10); Rs.16.18 in Q FY 12; Rs.11.03 in Q1 FY 12; Rs.12.42
in Q3 FY 11.
Current
MP is Rs.451;while the
52 week high price is Rs.802.30 and the 52 week low price is Rs.436.70.
Annual EPS
can be around Rs.50. Hence, PE ratio is around 9.
Zuari is trying to ensure stable supplies of Raw Material
– as can be seen from the announcements section.
ANNOUNCEMENTS
BY COMPANY TO NSE
30-12-2011 MCA
Phosphates Pte. Ltd. was established in Singapore, wherein, Mitsubishi
Corporation, a Company listed in the Tokyo Stock Exchange, owns 70% stake and
Zuari Industries Limited, a Company incorporated in India and listed in the
Stock Exchanges, owns 30% stake in the said Joint Venture. The MCA Phosphates
Pte. Ltd., has acquired 30% stake of Fosfatos del Pacifico S.A., Peru (Fospac),
a Company listed in the Lima Stock Exchange, Peru, for USD 46.12 million. The
Fospac Project has estimated mineralized materials of approx. 540 Metric Tons
of phosphate rock with an average P2O content of 18.5% before beneficiation. It
is located in Bayovar area in the province of Pieura, Peru and is expected to
have an initial production capacity of 2.5 million Metric Tons. Mitsubishi
Corporation, a Joint Venture partner has signed Off-Take Agreement with
Fosfatos, for entire production of phosphate rock. The Company has back-to-back
Off-Take Agreement with Mistubishi Corporation for 50% of the Fospac production
per annum phosphate rock.
14-12-2011 with
the allotment of 13,33,350 equity shares of Rs.10/- each by Style Spa Furniture
Limited on September 27, 2011 constituting 6.89%, the Company's direct and
indirect holding through its subsidiary is 52.86% of the capital of Style Spa
Furniture Limited. Further, Style Spa Furniture Limited, is India's largest
retail furniture chain.
02-11-2011 Zuari
Industries Limited has informed the Exchange that the production of Urea has
resumed. The Petroleum pipeline of Zuari Indian Oiltanking Limited has since
been repaired and it has become operational.
17-10-2011 Zuari
Industries Limited has informed regarding " Merger of OSI International
Limited with Globalware Holdings Limited".
05-10-2011 Zuari
Industries Limited has informed regarding " Resumption of production of
Phosphatic/Complex Fertilizers after Petroleum product pipeline fire at
Vasco-da-Gama, Goa."
27-09-2011 Zuari
Industries Limited has informed regarding the "Scheme of Arrangement and
Demerger between Zuari Industries Ltd. and Zuari Holdings Ltd."
14-09-2011 Zuari
Industries Limited has informed regarding "Shutdown of Complex Fertilizer
Plant".
09-09-2011 Gulbarga
Cement Limited (GCL) at its Board Meeting held on September 09, 2011 allotted
1,71,13,018 equity shares of Rs.10/- each constituting 74% of the equity
capital of GCL to Zuari Cement Limited and its nominees. Consequently, GCL
ceased to be a wholly owned subsidiary of Zuari Industries Limited.
RESULTS
TABLE
ZUARI IND LTS
|
31-Dec-11
|
30-Sep-11
|
%DIF1
|
30-Jun-11
|
%DIF2
|
31-Dec-10
|
%DIF3
|
Net Sales
|
185619
|
189095
|
-1.84
|
110408
|
68.12
|
152406
|
21.79
|
Other
Operating Income
|
95
|
237
|
-59.92
|
2009
|
-95.27
|
782
|
-87.85
|
Increase
in SIT / WIP
|
-72660
|
-42523
|
70.87
|
-27144
|
167.7
|
9527
|
-862.67
|
Raw
Materials
|
70169
|
54457
|
28.85
|
63171
|
11.08
|
62223
|
12.77
|
Traded
Goods
|
158487
|
150331
|
5.43
|
52554
|
201.6
|
55701
|
184.53
|
Employees
Cost
|
2201
|
2234
|
-1.48
|
1970
|
11.73
|
1666
|
32.11
|
Depreciation
|
602
|
603
|
-0.17
|
582
|
3.44
|
536
|
12.31
|
Other Expenditure
|
23331
|
19668
|
18.62
|
17078
|
36.61
|
17968
|
29.85
|
Total
Expenditure
|
182130
|
184770
|
-1.43
|
108211
|
68.31
|
147621
|
23.38
|
Profit
from Operations
|
3584
|
4562
|
-21.44
|
4206
|
-14.79
|
5567
|
-35.62
|
Other Income
|
1825
|
2655
|
-31.26
|
1475
|
23.73
|
742
|
145.96
|
Interest
|
1039
|
836
|
24.28
|
982
|
5.8
|
859
|
20.95
|
Profit
before tax
|
4370
|
6381
|
-31.52
|
4699
|
-7
|
5450
|
-19.82
|
Tax expense
|
1232
|
1617
|
-23.81
|
1453
|
-15.21
|
1793
|
-31.29
|
Net
Profit
|
3138
|
4764
|
-34.13
|
3246
|
-3.33
|
3657
|
-14.19
|
Face
Value (In Rs
|
10
|
10
|
0
|
10
|
0
|
10
|
0
|
Paid
Up Equity
|
2944
|
2944
|
0
|
2944
|
0
|
2944
|
0
|
Basic
EPS
|
10.65
|
16.18
|
-34.18
|
11.03
|
-3.45
|
12.42
|
-14.25
|
Public
Holding (%)
|
41.81
|
41.81
|
0
|
65.63
|
-36.29
|
65.63
|
-36.29
|
* *
* E N
D * * *
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