EPL Ltd Q4FY22 PAT down -14.26% at Rs48.7 crore yoy due to 28% spike in raw material costs

12 May 2022 , 12:17 PM

EPL Ltd reported 8.64% growth in sales revenues yoy for the Q4FY22 quarter on consolidated basis at Rs880.20 crore. On a sequential basis, revenues were lower for the quarter by -0.36%.

For the full year FY22, the revenues were higher by 11% at Rs3,433 crore. For Q4FY22, sales growth was sharply higher from the Africa Middle East geography while the growth in the other key geographies like Americas, Europe and East Asia remained flat to moderately positive.

Net cash generated from operating activities fell 40% for FY22 to Rs312 crore on account of a spike in inventories amidst supply chain constraints.

The consolidated net profit for Q4FY22 was down -14.26% at Rs48.7 crore while it was down on a sequential basis by -14.71%.

The fall in operating profits were largely on account of a 28% spike in raw material costs in the quarter. In terms of geographies, only Africa Middle East recorded growth in operating profits while the regions of Americas, Europe and East Asia saw a fall in operating profits.

Net margins stood at 5.53% in Q4FY22 quarter compared to 7.01% in Q4FY21. NPM was lower sequentially against 6.46% in Q3FY22.

Financial highlights for Mar-22 compared yoy and sequentially

	EPL Ltd
Rs in Crore	Mar-22	Mar-21	YOY	Dec-21	QOQ
Total Income (Rs cr)	₹ 880.20	₹ 810.20	8.64%	₹ 883.40	-0.36%
Net Profit (Rs cr)	₹ 48.70	₹ 56.80	-14.26%	₹ 57.10	-14.71%
Diluted EPS (Rs)	₹ 1.54	₹ 1.79		₹ 1.80
Net Margins	5.53%	7.01%		6.46%