Raymond Limited
NSE Symbol RAYMOND
RAYMOND LTD has declared
results for qtr ending Dec,2011.
CONSOLIDATED RESULTS
Net Sales stands at Rs.952.08
Cr in Q3 FY 12– compared to Rs.977.92 cr (down by -2.64%) in previous qtr of Q2 FY 12 and
proportionately (Q3FY 12 x 4) to the full FY 11 figure of Rs.3035.91 cr (Up by 25.44%).
Total Expenditure stands at Rs.842.60
cr in Q3 FY 12 – compared to Rs.853.13 Cr (down by -1.23%) in previous Qtr and
proportionately to FY 11 figure of Rs.2786.22 Cr (Up by 20.97%)
Profit from Operations stands at Rs.113.36
cr in Q3 FY 12– compared to Rs.133.25 Cr(down by -14.93%) in previous Qtr – and
Rs.280.85 Cr (Up proportionately by 61.45%) in the full FY 11.
Profit before tax stands at Rs.82.14
cr in Q3 FY 12 – compared to Q2 FY 12 of Rs.108.37 Cr (down by -24.20%) and the
FY 11 total figure of Rs(-)6.91 Cr.
Tax Expense stands at Rs.24.37 cr in Q3 Fy 12 – compared to Rs.30.95
Cr (down by -21.26%) - and Rs.(-)44.34
Cr in the total of FY 11.
Net Profit stands at Rs. 57.77 cr in Q3 FY 12 – compared to Rs.77.42
Cr in Q2 FY 12 (down by -25.38%) and Rs.37.43 Cr in the total of FY 11.
Consolidated Net Profit stands at Rs.60.89 cr in current Qtr –
compared to Rs.80.96 Cr in Q2 FY 12 (down by -24.79%) and Rs.53.69 cr in the
whole of FY 11. (proportionately more by 353.64%).
Basic EPS on a face value of
Rs.10 stands at Rs.9.92 in Q3 FY 12 – compared to Rs.13.19 in Q2 FY 12 and Rs.8.75 in the whole of FY 11.
Current MP is Rs.332, while
the 52
week high price is Rs.417.70 and the 52 week low price is Rs.242.30.
Last
year EPS is a Paltry Rs.8.75. Therefore, it is difficult to estimate the
current year EPS. Going by current trend, current year consolidated EPS may
touch Rs.35. On this basis, the PE Ratio comes to around 12.
WHAT COMPANY SAYS :
Consolidated Net Sales grew by 12% on YoY
basis To Rs.952 Cr
Consolidated Net profit of Rs.61 Cr as
against the loss of Rs.74 Cr in the corresponding previous Qtr.
The Net profit up to Dec,2011 is
Rs.153 Cr, while the Net sales is Rs.2693 cr.
The
CMD says – after a robust performance in the first half of the current
financial year, the third quarter has been more challenging. Consumer sentiment
has been impacted mainly due to high inflation…”
CONSOLIDATED RESULTS TABLE
|
|
Q3FY12
|
|
%DIF1
|
|
%DIF2
|
|
Net Sales
|
95208
|
97,792.00
|
-2.64
|
303,591.00
|
25.44
|
|
Other Oprtng Income
|
388
|
846
|
-54.14
|
3,116.00
|
-50.19
|
|
Increase in SIT/WIP
|
-2962
|
-7,330.00
|
-59.59
|
-10,936.00
|
8.34
|
|
Raw Materials
|
25689
|
33,425.00
|
-23.14
|
91,797.00
|
11.94
|
|
Traded goods
|
9401
|
9,017.00
|
4.26
|
20,624.00
|
82.33
|
|
Employees Cost
|
12688
|
12,356.00
|
2.69
|
45,573.00
|
11.36
|
|
Depreciation
|
4326
|
3,894.00
|
11.09
|
16,080.00
|
7.61
|
|
Other Expenditure
|
35118
|
33,951.00
|
3.44
|
115,484.00
|
21.64
|
|
Total Expenditure
|
84260
|
85,313.00
|
-1.23
|
278,622.00
|
20.97
|
|
Profit from Operations
|
11336
|
13,325.00
|
-14.93
|
28,085.00
|
61.45
|
|
Other Income
|
838
|
1,306.00
|
-35.83
|
3,720.00
|
-9.89
|
|
Interest
|
3960
|
3,794.00
|
4.38
|
11,975.00
|
32.28
|
|
Exceptional items
|
-
|
-
|
|
20,521.00
|
|
|
Profit before tax
|
8214
|
10,837.00
|
-24.20
|
-691
|
-4854.85
|
|
Tax Expense
|
2437
|
3,095.00
|
-21.26
|
-4,434.00
|
-319.85
|
|
Net Profit
|
5777
|
7,742.00
|
-25.38
|
3,743.00
|
517.37
|
|
Minority Interest
|
40
|
46
|
-13.04
|
126
|
26.98
|
|
Shares of Associates
|
-352
|
-400
|
-12.00
|
-1,234.00
|
14.1
|
|
Other Related Items
|
-
|
-
|
|
-518
|
|
|
Consolidated Net Profit
|
6089
|
8,096.00
|
-24.79
|
5,369.00
|
353.64
|
|
Face Value (in Rs.)
|
10
|
10
|
0.00
|
10
|
300
|
|
Paid-up Equity
|
6138
|
6,138.00
|
0.00
|
6,138.00
|
300
|
|
Reserves
|
-
|
-
|
|
115,879.00
|
|
|
Basic EPS
|
9.92
|
13.19
|
-24.79
|
8.75
|
353.49
|
|
Public holding (%)
|
60.71
|
60.59
|
0.20
|
59.57
|
|
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