Heranba Industries Q4FY22 PAT flat at Rs42.6 crore as higher input costs limits EBITDA growth to 6.77%

17 May 2022 , 06:33 PM

Heranba Industries Ltd reported 30.73% growth in sales revenues yoy for the Q4FY22 quarter on consolidated basis at Rs350.14 crore. On a sequential basis, revenues were lower for the quarter by -11.44%.

For full year FY22, the revenues were higher by 18.9% at Rs1,450 crore. For Q4FY22, the company managed to report strong top line numbers despite the tough market conditions.

Revenue growth was helped by its integrated manufacturing and its wide distribution network. This allowed the company to accelerate product registrations in countries across the world. Heranba is into crop protection specialized products.

The consolidated net profit for Q4FY22 was marginally down -1.44% at Rs42.58 crore while it was down on a sequential basis by -20.4%. For Q4FY22, there was a sharp 50% spike in cost of materials consumed amidst global supply chain bottlenecks.

Hence, EBITDA margins grew by just 6.77% while EBIDTA margins remained steady in the 19-20% range. Net margins were 12.16% in Q4FY22 quarter compared to 16.13% in Q4FY21. NPM was lower as compared to 13.53% in Q3FY22. Heranba declared a final dividend of Rs.2 per share.

Financial highlights for Mar-22 compared yoy and sequentially

	Heranba Industries
Rs in Crore	Mar-22	Mar-21	YOY	Dec-21	QOQ
Total Income (Rs cr)	₹ 350.14	₹ 267.83	30.73%	₹ 395.39	-11.44%
Net Profit (Rs cr)	₹ 42.58	₹ 43.20	-1.44%	₹ 53.49	-20.40%
Diluted EPS (Rs)	₹ 10.64	₹ 11.04		₹ 13.37
Net Margins	12.16%	16.13%		13.53%