Jubilant Ingrevia Q4FY22 PAT up 17.53% at Rs68.59 crore as materials cost and power spike hits profit growth

19 May 2022 , 07:57 AM

Jubilant Ingrevia Ltd reported 89.40% growth in sales revenues yoy for the Q4FY22 quarter on consolidated basis at Rs1,296 crore. On a sequential basis, revenues were higher for the quarter by 0.72%.

In terms of business verticals, Jubilant Ingrevia saw robust sales growth across specialty chemicals, nutrition and chemical intermediates. Specialty chemicals grew on healthy demand while chemical intermediates gained from robust demand for products from the agrochemicals and pharma industry.

Board declared final dividend of Rs2.50 per share. EBITDA margins for the quarter tapered from 21.1% to 18.2% on yoy basis.

The consolidated net profit for Q4FY22 was higher by 17.53% at Rs68.59 crore while it was down on sequential basis by -46.86%.

For Q4FY22, the EBIT from specialty chemicals and nutrition products grew sharply yoy while the EBIT from chemical intermediates business fell sharply by -57.2% yoy.

On yoy basis, material costs doubled while power costs were up 3-fold. Net margins were 5.29% in Q4FY22 quarter compared to 8.53% in Q4FY21. NPM was lower as compared to 10.03% in Q3FY22.

Financial highlights for Mar-22 compared yoy and sequentially

	Jubilant Ingrevia
Rs in Crore	Mar-22	Mar-21	YOY	Dec-21	QOQ
Total Income (Rs cr)	₹ 1,295.75	₹ 684.13	89.40%	₹ 1,286.48	0.72%
Net Profit (Rs cr)	₹ 68.59	₹ 58.36	17.53%	₹ 129.07	-46.86%
Diluted EPS (Rs)	₹ 4.30	₹ 5.20		₹ 8.12
Net Margins	5.29%	8.53%		10.03%