Eicher Motors Q4FY22 PAT up 15.97% at Rs610 crore on controlled increase in raw material costs

15 May 2022 , 07:06 PM

Eicher Motors Ltd reported 8.6% growth in sales revenues yoy for the Q4FY22 quarter on consolidated basis at Rs3,193 crore. On a sequential basis, revenues were higher for the quarter by 10.85%.

For full year FY22, the revenues were higher by 18.1% at Rs10,298 crore. For Q4FY22, net cash flow from operating activities were about 10% lower yoy on account of a spike in trade receivables during the quarter.

The board has recommended a final dividend of Rs.21 per share to share on face value of Rs1, subject to shareholder approval.

The consolidated net profit for Q4FY22 was up 15.97% at Rs610 crore while it was up on a sequential basis by 33.76%.

The stringent input cost and inventory controls by the company led to an improvement in the profit growth compared to the sales growth. That is converse to the general trend seen in the auto segment.

There was good traction seen in the VECV business on better end user demand. Net margins were 19.11% in Q4FY22 quarter compared to 17.89% in Q4FY21. NPM was higher as compared to 16.57% in Q3FY22.

Financial highlights for Mar-22 compared yoy and sequentially

	Eicher Motors
Rs in Crore	Mar-22	Mar-21	YOY	Dec-21	QOQ
Total Income (Rs cr)	₹ 3,193	₹ 2,940	8.60%	₹ 2,881	10.85%
Net Profit (Rs cr)	₹ 610	₹ 526	15.97%	₹ 456	33.76%
Diluted EPS (Rs)	₹ 22.29	₹ 19.21		₹ 16.66
Net Margins	19.11%	17.89%		15.83%