Money Matters: Sudarshan Chemical Industries Ltd

Wednesday, October 3, 2018

Sudarshan Chemical Industries Ltd

Q1 RESULTS REVIEW

Sudarshan Chemical industries has produced reasonable results for Quarter 1 ended June 2018.

Net sales have increased 2.55% YoY but reduced -10.6% QoQ.

Net profits have increased 307% YoY and 323.17% QoQ.

This is mainly due to an exceptional item of 89.23 crores Before Profit before Tax.But for this, results are ordinary and lack luster.

SUDARSHAN CHEM	Jun '18	Mar '18	Dec '17	Sep '17	Jun '17	YOY	QOQ
Net Sales	337.29	377.29	339.06	346.48	328.89	2.55	-10.6
Other Operating Income	5.26	6.92	6.03	5.32	6.28	-16.24	-23.99
Total Income	342.55	384.21	345.09	351.8	335.17	2.2	-10.84
Consumption of Raw Materials	235.26	212.81	185.34	197.67	212.83	10.54	10.55
Purchase of Traded Goods	0	0.13	4.61	7.23	14.99	-100	-100
Increase/Decrease in Stocks	-41.68	15.62	17.91	15.22	-37.05	12.5	-366.84
Employees Cost	23.84	20.47	21.43	21.35	21.72	9.76	16.46
Depreciation	15.93	15.09	15.33	14.25	14.19	12.26	5.57
Other Expenses	70.22	79.21	70.1	58.11	76.72	-8.47	-11.35
P/L Before Other Inc. , Int., Excpt. Items & Tax	38.97	40.89	30.38	37.97	31.78	22.62	-4.7
Other Income	4.13	-3.98	4.71	3.8	9.45	-56.3	-203.77
P/L Before Int., Excpt. Items & Tax	43.11	36.91	35.09	41.77	41.23	4.56	16.8
Interest	3.8	5.67	5.28	7.57	5.93	-35.92	-32.98
P/L Before Tax	128.54	31.23	29.81	34.2	35.29	264.24	311.59
Tax	33.44	8.36	10.75	11.13	11.89	181.24	300
Net Profit/(Loss) For the Period	95.17	22.49	19.06	23.07	23.4	306.71	323.17
Equity Share Capital	13.85	13.85	13.85	13.85	13.85	0	0
Basic EPS	13.7	3.25	2.75	3.33	3.38	305.33	321.54
Diluted EPS	13.7	3.25	2.75	3.33	3.38	305.33	321.54
MP	429
PE	7.83
FV	2
VOLUME	30000
52 Wk Low/High 360.00 633.80

The price trend during the last one year is given below to see how investor sentiment worked for Sudarshan during the last one year period.

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