BASF India Q4FY22 PAT up 168.5% at Rs149.85 crore yoy on higher sales realizations and inventory gains

9 May 2022 , 03:11 PM

BASF India Ltd reported 20.81% growth in sales revenues yoy for the Q4FY22 quarter on consolidated basis at Rs149.85 crore. On a sequential basis, revenues were higher for the quarter by 35.77%.

For the full year FY22, the revenues were higher by 37% at Rs12,970 crore. BASF saw revenue growth across agricultural solutions, materials, industrial solutions, chemicals and nutrition and care.

Cash from operations fell yoy due to higher working capital locked up in inventories. It has recommended final dividend of 60% for FY22.

The consolidated net profit for Q4FY22 was up 168.5% at Rs149.85 crore while it was up on a sequential basis by 35.77%.

The vertical which saw the biggest growth in operating profits were the agricultural solutions and nutrition & Care. All the other segments saw fall in profits year on year.

The company did face supply chain disruptions during the year like most of the industries  Net margins stood at 4.42% in Q4FY22 quarter compared to 1.99% in Q4FY21. NPM was higher sequentially against 3.35% in Q3FY22.

Financial highlights for Mar-22 compared yoy and sequentially

	BASF India
Rs in Crore	Mar-22	Mar-21	YOY	Dec-21	QOQ
Total Income (Rs cr)	₹ 3,389.56	₹ 2,805.58	20.81%	₹ 3,291.76	2.97%
Net Profit (Rs cr)	₹ 149.85	₹ 55.81	168.50%	₹ 110.37	35.77%
Diluted EPS (Rs)	₹ 34.60	₹ 16.10		₹ 23.30
Net Margins	4.42%	1.99%		3.35%