Aarti Industries logs 42% yoy growth in PAT at Rs193.70 crore; stock plunges ~5%

31 May 2022 , 01:08 PM

Aarti Industries Limited announced its results for the quarter and year ended March 31, 2022.

The company reported a total income from operations of Rs2,017.80 crore, up by 50% yoy as against Rs1,346.80 crore in Q4FY21. For FY22, the company reported a total income from operations of Rs7,000 crore as compared to Rs4,506.10 crore in FY21.

The company reported an EBITDA of Rs339.10 crore in Q4FY22 as against Rs260.30 crore in Q4FY21, up by 30% yoy. For FY22, EBIDTA stood at Rs1,928.80 crore as compared to Rs981.50 crore in the previous financial year.

Aarti Industries’ PAT was reported at Rs193.70 crore in Q4FY22 as against Rs136.10 crore in the previous corresponding quarter. PAT for FY22 was reported at Rs1,307.40 crore as compared to Rs535.20 crore in FY21.

Aarti Industries derived 70% of its revenues from value-added products in Q4FY22. Capacity utilization at existing units was at higher levels across all plants for the quarter. Aarti’s volume growth for Q4FY22 stood in the 12-14% range. Volume growth was 18-20% for FY22.

EBITDA margin stood at 16.80% in Q4FY22.

Aarti Industries is currently trading at Rs770.40 down by Rs41.5 or 5.11% from its previous closing of Rs811.90 on the BSE. The scrip touched intraday high and low of Rs798.35 and Rs768.40 respectively.