Dalmia Bharat Q4FY22 PAT down -5.1% at Rs595 crore yoy as power and fuel take a toll on operating costs

10 May 2022 , 02:00 PM

Dalmia Bharat Ltd reported 7.27% growth in sales revenues yoy for the Q4FY22 quarter on consolidated basis at Rs3,380 crore. On a sequential basis, revenues were higher for the quarter by 23.63%.

For the full year FY22, the revenues were higher by 11.63% at Rs11,286 crore. Sales volumes picked up 15.7% at 6.6 MT in the quarter, but it came at lower price realizations.

For the full year FY22, volumes were up 7.3% at 22.2 MT. Installed capacity in Q4FY22 increased by 17% to 35.9 MT with commercialization of 2.9MT Murli plant.

Dalmia doubled renewable capacity to 62 MW and completed restructuring refractory business.

The consolidated net profit for Q4FY22 was down -5.10% at Rs595 crore while it was up on a sequential basis by 600%.

The big reason for the fall in profits was the sharp spike in power and fuel costs. The EBITDA margin for the year end stood at 21.5%. The EBITDA margin per tonne stood at Rs1,091 per tonne.

The net debt has actually become a favourable number with the debt reduction in latest quarter. Net margins stood at 17.60% in Q4FY22 quarter compared to 19.90% in Q4FY21. NPM was higher sequentially against 3.11% in Q3FY22.

Financial highlights for Mar-22 compared yoy and sequentially

	Dalmia Bharat
Rs in Crore	Mar-22	Mar-21	YOY	Dec-21	QOQ
Total Income (Rs cr)	₹ 3,380.00	₹ 3,151.00	7.27%	₹ 2,734.00	23.63%
Net Profit (Rs cr)	₹ 595.00	₹ 627.00	-5.10%	₹ 85.00	600.00%
Diluted EPS (Rs)	₹ 31.76	₹ 34.28		₹ 4.53
Net Margins	17.60%	19.90%		3.11%