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The sales for the December 2019 quarter moved down to Rs. 1516.20 millions as compared to Rs. 1787.00 millions during the year-ago period.The Net Profit of the company slipped to Rs. 23.20 millions from Rs. 50.40 millions, a decline of -53.97% on QoQ basis.The Operating Profit of the company witnessed a decrease to 121.50 millions from 214.40 millions. (Rs. in Million) Quarter ended Year to Date Year ended 201912 201812 % Var 201912 201812 % Var 201903 201803 % Var Sales 1516.20 1787.00 -15.15 4408.60 4568.60 -3.50 6403.70 4907.70 30.48 Other Income 69.50 17.60 294.89 96.70 106.10 -8.86 103.60 114.20 -9.28 PBIDT 121.50 214.40 -43.33 416.90 580.00 -28.12 762.50 456.70 66.96 Interest 37.40 51.10 -26.81 129.30 131.50 -1.67 170.60 175.10 -2.57 PBDT 84.10 163.30 -48.50 287.60 364.70 -21.14 508.10 314.20 61.71 Depreciation 39.50 75.10 -47.40 119.30 149.70 -20.31 186.00 139.40 33.43 PBT 44.60 88.20 -49.43 168.30 215.00 -21.72 322.10 174.80 84.27 TAX 21.40 37.80 -43.39 58.30 84.90 -31.33 119.60 70.80 68.93 Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT 23.20 50.40 -53.97 110.00 130.10 -15.45 202.50 104.00 94.71 Equity 122.60 122.60 0.00 122.60 122.60 0.00 122.60 122.60 0.00 PBIDTM(%) 8.01 12.00 -33.21 9.46 12.70 -25.51 11.91 9.31 27.95
The sales surged to Rs. 1835.10 millions, up 26.07% for the March 2019 quarter as against Rs. 1455.60 millions during the corresponding quarter previous year.Net profit for the quarter ended March 2019 increases to Rs. 72.40 millions from Rs. 70.00 millions.A decline of 182.50 millions was observed in the OP in the quarter ended March 2019 from 185.20 millions on QoQ basis. (Rs. in Million) Quarter ended Year to Date Year ended 201903 201803 % Var 201903 201803 % Var 201903 201803 % Var Sales 1835.10 1455.60 26.07 6403.70 4907.70 30.48 6403.70 4907.70 30.48 Other Income 9.30 34.60 -73.12 103.60 114.20 -9.28 103.60 114.20 -9.28 PBIDT 182.50 185.20 -1.46 762.50 456.70 66.96 762.50 456.70 66.96 Interest 39.10 42.50 -8.00 170.60 175.10 -2.57 170.60 175.10 -2.57 PBDT 143.40 142.70 0.49 508.10 314.20 61.71 508.10 314.20 61.71 Depreciation 36.30 35.10 3.42 186.00 139.40 33.43 186.00 139.40 33.43 PBT 107.10 107.60 -0.46 322.10 174.80 84.27 322.10 174.80 84.27 TAX 34.70 37.60 -7.71 119.60 70.80 68.93 119.60 70.80 68.93 Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT 72.40 70.00 3.43 202.50 104.00 94.71 202.50 104.00 94.71 Equity 122.60 122.60 0.00 122.60 122.60 0.00 122.60 122.60 0.00 PBIDTM(%) 9.94 12.72 -21.84 11.91 9.31 27.95 11.91 9.31 27.95
A decent increase of about 43.85% in the sales to Rs. 1787.00 millions was observed for the quarter ended December 2018. The sales figure stood at Rs. 1242.30 millions during the year-ago period.Net Profit witnessed a 260.00% growth almost the double from Rs. 14.00 millions to Rs. 50.40 millions of same quarter last year.Operating profit for the quarter ended December 2018 rose to 214.40 millions as compared to 84.70 millions of corresponding quarter ended December 2017. (Rs. in Million) Quarter ended Year to Date Year ended 201812 201712 % Var 201812 201712 % Var 201803 201703 % Var Sales 1787.00 1242.30 43.85 4568.60 3452.10 32.34 4907.70 4221.50 16.25 Other Income 17.60 19.80 -11.11 106.10 79.60 33.29 114.20 300.00 -61.93 PBIDT 214.40 84.70 153.13 580.00 271.50 113.63 456.70 346.80 31.69 Interest 51.10 40.40 26.49 131.50 132.60 -0.83 175.10 217.40 -19.46 PBDT 163.30 44.30 268.62 364.70 171.50 112.65 314.20 129.40 142.81 Depreciation 75.10 35.40 112.15 149.70 104.30 43.53 139.40 143.10 -2.59 PBT 88.20 8.90 891.01 215.00 67.20 219.94 174.80 -13.70 -1375.91 TAX 37.80 -5.10 -841.18 84.90 -5.10 -1764.71 70.80 7.30 869.86 Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT 50.40 14.00 260.00 130.10 72.30 79.94 104.00 -21.00 -595.24 Equity 122.60 122.60 0.00 122.60 122.60 0.00 122.60 122.60 0.00 PBIDTM(%) 12.00 6.82 75.97 12.70 7.86 61.42 9.31 8.22 13.28
The sales surged to Rs. 1414.70 millions, up 30.34% for the June 2018 quarter as against Rs. 1085.40 millions during the corresponding quarter previous year.Modest increase of 13.31% in the Net Profit was reported from. 55.60 millions to Rs. 63.00 millions.The company reported a good operating profit of 165.10 millions compared to 102.20 millions of corresponding previous quarter. (Rs. in Million) Quarter ended Year to Date Year ended 201806 201706 % Var 201806 201706 % Var 201803 201703 % Var Sales 1414.70 1085.40 30.34 1414.70 1085.40 30.34 4907.70 4221.50 16.25 Other Income 25.60 37.10 -31.00 25.60 37.10 -31.00 114.20 300.00 -61.93 PBIDT 165.10 102.20 61.55 165.10 102.20 61.55 456.70 346.80 31.69 Interest 29.00 49.90 -41.88 29.00 49.90 -41.88 175.10 217.40 -19.46 PBDT 136.10 84.90 60.31 136.10 84.90 60.31 314.20 129.40 142.81 Depreciation 36.50 33.70 8.31 36.50 33.70 8.31 139.40 143.10 -2.59 PBT 99.60 51.20 94.53 99.60 51.20 94.53 174.80 -13.70 -1375.91 TAX 36.60 -4.40 -931.82 36.60 -4.40 -931.82 70.80 7.30 869.86 Deferred Tax 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PAT 63.00 55.60 13.31 63.00 55.60 13.31 104.00 -21.00 -595.24 Equity 122.60 122.60 0.00 122.60 122.60 0.00 122.60 122.60 0.00 PBIDTM(%) 11.67 9.42 23.94 11.67 9.42 23.94 9.31 8.22 13.28
The revenue zoomed 8.54% to Rs. 1242.30 millions for the quarter ended December 2017 as compared to Rs. 1144.60 millions during the corresponding quarter last year.The company almost doubled its revenue to Rs. 14.00 millions from Rs. 2.60 millions in the quarter ended December 2017.Operating Profit reported a sharp decline to 84.70 millions from 92.50 millions in the corresponding previous quarter. (Rs. in Million) Quarter ended Year to Date Year ended 201712 201612 % Var 201712 201612 % Var 201703 201603 % Var Sales 1242.30 1144.60 8.54 3452.10 2983.90 15.69 4111.10 3572.30 15.08 Other Income 19.80 17.40 13.79 79.60 64.30 23.79 254.40 125.20 103.19 PBIDT 84.70 92.50 -8.43 271.50 306.20 -11.33 345.10 381.60 -9.56 Interest 40.40 53.00 -23.77 132.60 165.60 -19.93 180.70 214.70 -15.84 PBDT 44.30 39.50 12.15 171.50 140.60 21.98 164.40 511.50 -67.86 Depreciation 35.40 36.90 -4.07 104.30 108.00 -3.43 143.10 154.40 -7.32 PBT 8.90 2.60 242.31 67.20 32.60 106.13 21.30 357.10 -94.04 TAX -5.10 0.00 0.00 -5.10 0.00 0.00 0.00 0.90 -100.00 Deferred Tax 0.00 0.00 0.00 -4.90 3.00 -263.33 0.00 0.00 0.00 PAT 14.00 2.60 438.46 72.30 32.60 121.78 21.30 356.20 -94.02 Equity 122.60 122.60 0.00 122.60 122.60 0.00 122.60 122.60 0.00 PBIDTM(%) 6.82 8.08 -15.63 7.86 10.26 -23.36 8.39 10.68 -21.42
Punjab Chemicals & Crop Protection is currently trading at Rs. 468.35, up by 43.40 points or 10.21 % from its previous closing of Rs. 424.95 on the BSE.The scrip opened at Rs. 430.00 and has touched a high and low of Rs. 478.00 and Rs. 427.75 respectively. So far 22979 shares were traded on the counter.The BSE group `B` stock of face value Rs. 10 has touched a 52 week high of Rs. 478.00 on 06-Dec -2017 and a 52 week low of Rs. 210.00 on 06-Dec-2016.Last one week high and low of the scrip stood at Rs. 478.00 and Rs. 414.95 respectively. The current market cap of the company is Rs. 577.30 crore.The promoters holding in the company stood at 44.80%, while institutions and non-institutions held 3.76% and 51.44% respectively.Punjab Chemicals and Crop Protection is mulling the option to raise long term resources by way of further public offering/rights issue/Global Depository Receipts/ American Depository Receipts/ Foreign Currency Convertible Bonds/ Qualified institutional placement/debt issue/ preferential issue or any other method, as may be deliberated and decided by the board of directors of the company. In this regard, the company’s board will meet on December 8, 2017.Punjab Chemicals & Crop Protection is engaged in manufacturing of agrochemicals, pharmaceutical intermediates, APIs, phosphorous derivatives and specialty chemicals.
Punjab Chemicals & Crop Protection is currently trading at Rs. 281.00, up by 0.85 points or 0.30 % from its previous closing of Rs. 280.15 on the BSE.The scrip opened at Rs. 280.00 and has touched a high and low of Rs. 281.00 and Rs. 279.10 respectively. So far 635 shares were traded on the counter.The BSE group `B` stock of face value Rs. 10 has touched a 52 week high of Rs. 313.95 on 04-May-2017 and a 52 week low of Rs. 160.00 on 21-Nov-2016.Last one week high and low of the scrip stood at Rs. 290.00 and Rs. 275.40 respectively. The current market cap of the company is Rs. 344.57 crore.The promoters holding in the company stood at 44.80%, while Institutions and Non-Institutions held 3.98% and 51.22% respectively.Punjab Chemicals & Crop Protection has fulfilled all the conditions of the One Time Settlement (OTS) approval received from Central Bank of India against the credit facilities availed by the company. As per the terms of OTS, the company was to pay Rs 16.03 crore against the total outstanding dues of Rs 19.71 crore including interest and FITL principal amount.Accordingly, the company has repaid the entire amount under OTS proposal as per the stipulation contained therein and no further dues are payable to the bank.Punjab Chemicals & Crop Protection is engaged in manufacturing of agrochemicals, pharmaceutical intermediates, APIs, phosphorous derivatives and specialty chemicals.
Punjab Chemicals & Crop Protection has informed that the Board of Directors of the Company in their meeting held on October 10, 2016 concluded at 10.45 a.m. hasapproved to utilize the overdue export proceeds of Euro 3,476,978 and USD Rs. 87,500 valuing Rs. 259,419,394 as per the prevailing exchange rate at the time of post facto approval from the RBI, from SD Agchem (Europe) N.V, Belgium, a wholly owned subsidiary of the Company, by capitalising the export proceeds by acquiring shares in the Company’s step down subsidiary viz. Sintesis Quimica SAIC, Argentina, in accordance with the approval received from Reserve Bank of India dated March 31, 2016.The above information is a part of company’s filings submitted to BSE.
Punjab Chemicals & Crop Protection has informed regarding the details of voting results at the Annual General Meeting (AGM) of the Company held on September 09, 2016.The above information is a part of company’s filings submitted to BSE.
Punjab Chemicals & Crop Protection has submitted a copy of newspaper cutting of publishing notice of dispatch of postal ballot to members.The above information is a part of company’s filings submitted to BSE.
Punjab Chemicals & Crop Protection has submitted a copy of Calendar of events for Postal Ballot.The above information is a part of company’s filings submitted to BSE.
Punjab Chemicals & Crop Protection has informed that next Meeting of the Board of Directors of the Company will be held on November 04, 2015, to consider and approve the un-audited financial results of the Company for the quarter and half year ended on September 30, 2015. In view of above, the Trading Window for dealing in the Company’s scripts by the Directors, Designated Employees and other concerned persons of the Company will remain closed from October 26, 2015 to November 06, 2015, in terms of the Company’s Code of Conduct to Regulate, Monitor and Report Trading by Insiders pursuant to Regulation 9(1) of SEBI (Prohibition of Insider Trading Regulations), 2015.The above information is a part of company’s filings submitted to BSE.