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A decrease in the sales to Rs. 342.50 millions was observed for the quarter ended June 2019. The sales stood at Rs. 372.00 millions during the similar quarter previous year.The Net proft of the company remain more or less same to Rs. 38.50 millions from Rs. 44.90 millions ,decline by -14.25%.Operating profit for the quarter ended June 2019 decreased to 75.10 millions as compared to 87.80 millions of corresponding quarter ended June 2018. (Rs. in Million) Quarter ended Year to Date Year ended 201906 201806 % Var 201906 201806 % Var 201903 201803 % Var Sales 342.50 372.00 -7.93 342.50 372.00 -7.93 1428.50 1316.80 8.48 Other Income 21.50 2.60 726.92 21.50 2.60 726.92 41.00 42.80 -4.21 PBIDT 75.10 87.80 -14.46 75.10 87.80 -14.46 288.80 268.80 7.44 Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 2.00 -100.00 PBDT 75.10 87.80 -14.46 75.10 87.80 -14.46 288.80 266.80 8.25 Depreciation 24.00 25.10 -4.38 24.00 25.10 -4.38 98.30 101.60 -3.25 PBT 51.10 62.70 -18.50 51.10 62.70 -18.50 190.50 165.20 15.31 TAX 12.60 17.80 -29.21 12.60 17.80 -29.21 55.80 42.20 32.23 Deferred Tax -1.10 -3.10 -64.52 -1.10 -3.10 -64.52 -7.60 -16.80 -54.76 PAT 38.50 44.90 -14.25 38.50 44.90 -14.25 134.70 123.00 9.51 Equity 20.00 20.00 0.00 20.00 20.00 0.00 20.00 20.00 0.00 PBIDTM(%) 21.93 23.60 -7.10 21.93 23.60 -7.10 20.22 20.41 -0.96
Net sales declined -11.59% to Rs. 325.10 million from Rs. 367.70 millions.The company reported a drastic decline of -92.66% in the quarter ended March 2019 to Rs. 4.20 millions from Rs. 57.20 millions .Operating Profit reported a sharp decline to 36.90 millions from 105.40 millions in the corresponding previous quarter. (Rs. in Million) Quarter ended Year to Date Year ended 201903 201803 % Var 201903 201803 % Var 201903 201803 % Var Sales 325.10 367.70 -11.59 1428.50 1316.80 8.48 1428.50 1316.80 8.48 Other Income 16.20 21.20 -23.58 41.00 42.80 -4.21 41.00 42.80 -4.21 PBIDT 36.90 105.40 -64.99 288.80 268.80 7.44 288.80 268.80 7.44 Interest 0.00 1.50 0.00 0.00 2.00 -100.00 0.00 2.00 -100.00 PBDT 36.90 103.90 -64.49 288.80 266.80 8.25 288.80 266.80 8.25 Depreciation 24.10 26.50 -9.06 98.30 101.60 -3.25 98.30 101.60 -3.25 PBT 12.80 77.40 -83.46 190.50 165.20 15.31 190.50 165.20 15.31 TAX 8.60 20.20 -57.43 55.80 42.20 32.23 55.80 42.20 32.23 Deferred Tax -1.40 -7.60 -81.58 -7.60 -16.80 -54.76 -7.60 -16.80 -54.76 PAT 4.20 57.20 -92.66 134.70 123.00 9.51 134.70 123.00 9.51 Equity 20.00 20.00 0.00 20.00 20.00 0.00 20.00 20.00 0.00 PBIDTM(%) 11.35 28.66 -60.40 20.22 20.41 -0.96 20.22 20.41 -0.96
The Revenue for the quarter ended December 2018 of Rs. 372.80 millions grew by 18.65 % from Rs. 314.20 millions.The Profit for the quarter ended December 2018 of Rs. 41.00 millions grew by 51.85% from Rs. 27.00 millions.The company reported a good operating profit of 79.80 millions compared to 61.40 millions of corresponding previous quarter. (Rs. in Million) Quarter ended Year to Date Year ended 201812 201712 % Var 201812 201712 % Var 201803 201703 % Var Sales 372.80 314.20 18.65 1103.40 949.10 16.26 1316.80 1408.10 -6.48 Other Income 5.60 2.40 133.33 24.80 21.60 14.81 42.80 37.30 14.75 PBIDT 79.80 61.40 29.97 251.90 163.40 54.16 268.80 254.60 5.58 Interest 0.00 0.00 0.00 0.00 0.50 0.00 2.00 1.20 66.67 PBDT 79.80 61.40 29.97 251.90 162.90 54.63 266.80 253.40 5.29 Depreciation 24.60 25.10 -1.99 74.20 75.10 -1.20 101.60 96.40 5.39 PBT 55.20 36.30 52.07 177.70 87.80 102.39 165.20 157.00 5.22 TAX 14.20 9.30 52.69 47.20 22.00 114.55 42.20 40.10 5.24 Deferred Tax -0.30 -3.10 -90.32 -6.20 -9.20 -32.61 -16.80 1.30 -1392.31 PAT 41.00 27.00 51.85 130.50 65.80 98.33 123.00 116.90 5.22 Equity 20.00 20.00 0.00 20.00 20.00 0.00 20.00 20.00 0.00 PBIDTM(%) 21.41 19.54 9.54 22.83 17.22 32.60 20.41 18.08 12.90
The sales for the December 2017 quarter moved down to Rs. 314.20 millions as compared to Rs. 353.60 millions during the year-ago period.A humble growth in net profit of 23.29% reported in the quarter ended December 2017 to Rs. 27.00 millions from Rs. 21.90 millions.Operating profit for the quarter ended December 2017 rose to 61.40 millions as compared to 58.30 millions of corresponding quarter ended December 2016. (Rs. in Million) Quarter ended Year to Date Year ended 201712 201612 % Var 201712 201612 % Var 201703 201603 % Var Sales 314.20 353.60 -11.14 949.10 1030.90 -7.93 1408.10 1277.80 10.20 Other Income 2.40 3.00 -20.00 21.60 18.20 18.68 37.30 48.60 -23.25 PBIDT 61.40 58.30 5.32 163.40 183.20 -10.81 254.60 233.50 9.04 Interest 0.00 1.20 0.00 0.50 1.20 -58.33 1.20 0.10 1100.00 PBDT 61.40 57.10 7.53 162.90 182.00 -10.49 253.40 233.40 8.57 Depreciation 25.10 24.90 0.80 75.10 71.30 5.33 96.40 83.50 15.45 PBT 36.30 32.20 12.73 87.80 110.70 -20.69 157.00 149.90 4.74 TAX 9.30 10.30 -9.71 22.00 31.40 -29.94 40.10 45.80 -12.45 Deferred Tax -3.10 -0.20 1450.00 -9.20 -0.90 922.22 0.00 0.00 0.00 PAT 27.00 21.90 23.29 65.80 79.30 -17.02 116.90 104.10 12.30 Equity 20.00 20.00 0.00 20.00 20.00 0.00 20.00 20.00 0.00 PBIDTM(%) 19.54 16.49 18.52 17.22 17.77 -3.12 18.08 18.27 -1.05
The Sales for the quarter ended March 2017 of Rs. 0.00 million declined by -100.00% from Rs. 324.20 millions.Net Profit for the quarter ended March 2017 dipped to Rs. 0.00 millions from Rs. 18.20 millions in the corresponding previous quarter.Operating profit for the quarter ended March 2017 decreased to 0.00 millions as compared to 49.10 millions of corresponding quarter ended March 2016. (Rs. in Million) Quarter ended Year to Date Year ended 201703 201603 % Var 201703 201603 % Var 201703 201603 % Var Sales 0.00 324.20 -100.00 0.00 1181.70 -100.00 0.00 1181.70 -100.00 Other Income 0.00 13.40 0.00 0.00 45.70 0.00 0.00 45.70 0.00 PBIDT 0.00 49.10 -100.00 0.00 225.80 -100.00 0.00 225.80 -100.00 Interest 0.00 0.10 -100.00 0.00 0.10 -100.00 0.00 0.10 -100.00 PBDT 0.00 49.00 -100.00 0.00 225.70 -100.00 0.00 225.70 -100.00 Depreciation 0.00 21.60 0.00 0.00 83.50 0.00 0.00 83.50 0.00 PBT 0.00 27.40 0.00 0.00 142.20 0.00 0.00 142.20 0.00 TAX 0.00 9.20 0.00 0.00 44.80 0.00 0.00 44.80 0.00 Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT 0.00 18.20 -100.00 0.00 97.40 -100.00 0.00 97.40 -100.00 Equity 0.00 20.00 0.00 0.00 20.00 0.00 0.00 20.00 0.00 PBIDTM(%) 0.00 15.14 0.00 0.00 19.11 0.00 0.00 19.11 0.00
Wendt (India) has informed about Result Press Release for the period ended June 30, 2016.The above information is a part of company’s filings submitted to BSE.
Wendt (India) has informed that the Register of Members & Share Transfer Books of the Company will remain closed from July 16, 2016 to July 26, 2016 for the purpose of Payment of Dividend & Annual General Meeting (AGM) of the Company to be held on July 26, 2016.The above information is a part of company’s filings submitted to BSE.
Wendt (India) has submitted a copy of Declaration regarding Audit Report with unmodified opinion.The above information is a part of company’s filings submitted to BSE.
Wendt (India) has informed about Quarterly Statement on Investor Complaints / Grievances Redressal Mechanism for the Quarter ended March 31, 2016, under Regulation 13(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.The above information is a part of company’s filings submitted to BSE.
Wendt (India) has informed that a meeting of the Board of Directors of the Company will be held on April 28, 2016, to consider and approve the Audited Financial Results of the Company for the year ended March 31, 2016 and recommendation of dividend, if any.The above information is a part of company’s filings submitted to BSE.
Wendt (India) has informed about authorised Key Managerial Personnel to determine materiality of events/information.The above information is a part of company’s filings submitted to BSE.
Wendt (India) is currently trading at Rs. 1805.50, up by 19.50 points or 1.09% from its previous closing of Rs. 1786.00 on the BSE.The scrip opened at Rs. 1800.00 and has touched a high and low of Rs. 1850.00 and Rs. 1800.00 respectively. So far 207 shares were traded on the counter.The BSE group 'B ' stock of face value Rs. 10 has touched a 52 week high of Rs. 2410.00 on 06-Aug-2015 and a 52 week low of Rs. 1612.50 on 27-Mar-2015.Last one week high and low of the scrip stood at Rs. 1843.00 and Rs. 1785.00 respectively. The current market cap of the company is Rs. 362.00 crore.The promoters holding in the company stood at 79.74% while Institutions and Non-Institutions held 0.09% and 20.17% respectively.Wendt (India) has entered into agreement with Star Diamond Tools (Star) for acquisition of their Diamond Dresser Tool business on slump sale basis. The value of the transaction envisaged is approximately Rs 300 lakh and the conclusion of the transaction is subject to fulfillment of certain conditions in due course.This acquisition of Star‘s diamond tools business is expected to strengthen Wendt India’s presence in Stationery dressing tool business and would help in enhancing the product basket. Star is a well known brand for diamond dressers like single point, chisels, blades etc. The transaction is expected to be closed in the fourth quarter of FY16.Wendt India is a leading manufacturer of Super Abrasive Grinding wheels (Diamond and Cubic Boron Nitride), Special purpose Grinding Machines and tools and precision components. It offers functionally superior Products and Services for Grinding and Machining Hard -To-Process Materials.