Rudrabhishek Enterprises' revenue down 20% yoy in Q3FY22; stock ends flat

Rudrabhishek Enterprises reported revenue at Rs1,561 lakh for the quarter ended December 2021, as against Rs1,952 lakh for the quarter ended December 2020, declining 20% yoy. Whereas, revenue for the 9M ended December 2021 grew by 24% yoy at Rs4,969 lakh against Rs4,008 lakh in the previous 9M period.

Its EBITDA for the current quarter stood at Rs464 lakh as against Rs613 lakh, down by 24.31% yoy. However, EBIDTA for the 9M period ended December 2021 jumped 32.40% yoy at Rs1,271 lakh against Rs960 lakh for the 9M period ended December 2020.

EBITDA margin narrowed to 27.9% in Q3FY22 against 31% in Q3FY21.

PAT dipped by 25.65% yoy in Q3FY22 at Rs313 lakh as against Rs421 lakh for Q3FY21. PAT for the 9M period under review logged growth of 33.87% yoy at Rs820 lakh as compared to Rs620 lakh for the corresponding 9M period.

PAT margin for Q3FY22 stood at 18.80% against 21.30% for Q3FY21. However, PAT and EBIDTA margin for the 9M period expanded to 16.2% and 24.8% respectively.

Rudrabhishek ended at Rs214.10 today, down by 35 paise or 0.16% against its previous closing price of Rs241.45. It touched day’s high and low of Rs219.90 and 214 respectively.