[ad_1]
Fiscal Effects Highlights for the quarter finished March 31, 2022:
- 
- 
Creation volumes for Q4 FY22 was at 5,885 tons, as against 10,123 tons in Q4 FY21, considering the fact that demand from the tractor marketplace witnessed a slowdown through this interval. - 
Net Revenue for the quarter was Rs57 crore in Q4 FY22, as against Rs79.63 crore in Q4 FY21, largely because of to lower volumes. Having said that, realizations for each ton improved by 23.12% yoy throughout the quarter. - 
EBITDA (excluding other revenue) was at Rs7.13 crore in Q4 FY22 as in opposition to Rs9 crore in Q4 FY21. lmproved operational efficiencies offset the effect of raw content price increase, foremost to greater EBITDA margin. EBITDA for each ton also enhanced 36.42%yoy - 
Gain Immediately after Tax was Rs2.25 crore in Q4 FY22, when Standard EPS stood at Rs. .25





Economical Effects Hiehtights for the comprehensive yr ended March 31, 2022:
- 
- 
Creation votumes for FY22 was at 32,353 tons, rising 3.68% YoY. This growth came in from a strong rebound in desire article the COVID connected lockdowns opened up, in particular in the first two quarters. - 
Web Revenue for the quarter was Rs271.23 crore in FY22, as from Rs225.69 crore in FY21, generally because of to greater volumes. Also, realizations for each ton enhanced by 15.92% yoy through this time period. - 
The EBITDA (excluding other cash flow) was at Rs30.02 crore in FY22 as from Rs23,78 crore in FY21. Potent manage on overheads offset theimpact of volatility in uncooked material price ranges, top to superior EBITDA margin. EBITDA for each ton also improved 21.79%yoy. - 
Earnings Right after Tax was Rs14.41 crore in FY22, a progress of 145.45% yoy, although Essential EPS stood at Rs. 1.62




The past 12 months also confronted headwinds from ongoing impacts of the pandemic, specially for the duration of the next wave in the initially quarter. Having said that, markets have continued to recover since then, with the 3rd wave not remaining as serious as the initial two.
The Compony is continuing on its growth trajectory, dispIaying resiIience. ln FY22, we documented a 20.18% year-on-yeor growth in top rated line at Rs271.23 crore. Our EBITDA and PAT also grew 26.26% and 145.45% yoy to Rs30.02 crore and Rs14.41 crore, respectively. This has generally been driven by continued recovery article the COVID-slowdown and a sturdy recovery in need from the tractor sector, dependent on a nutritious agricultural time.
lnfact, we reported our optimum quorterly gross sales quantity in Q2 FY22 at 10,723 tons. Our constant initiatives to make improvements to inside efficiencies and our item portfolio, displays in our improving realizations and EBITDA for each ton for the duration of this quarter and total year. What’s more, our extended-standing associations with main OEMs, potent merchandise portfolio and emphasis on price addition enabled us to navigate as a result of numerous marketplace situations and cycles.
I would like to thank the entire crew of ‘Pritika’ for their determination, especially all through these times. I would also like to thank all our valued stakeholders, whose assistance and faith in our Organization pushes us to reach increased benchmarks.”
On Tuesday early morning trade, Pritika Vehicle Industries was trading at Rs15.35 for every piece decreased by .97% on the BSE.
[ad_2]
Resource link