Conference Call with Heranba Industries Management and Analysts on Q2FY22 Performance and Outlook. Listen to the full earnings transcript.
Highlights: Q2 FY22: Revenue at INR 3,534.35 million compared to INR 3,491.79 million in Q2 FY21, a growth of 1.22% on YoY basis and growth of 0.58% on QoQ basis. EBITDA (incl. other income) at Rs. 663.50 million in Q2 FY22 as compared to Rs. 565.78 million in Q2 FY21 – growth of 17.27% YoY and de-growth of 3.97% QoQ. EBITDA (incl. other income) Margins were at 18.77% in Q2 FY22 as compared to 16.20% in Q2 FY21 – growth of approx. 257 bps YoY and de-growth of 89 bps QoQ. Profit After Tax at Rs. 456.15 million in Q2 FY22 as compared to Rs. 377.28 million in Q2 FY21 – growth of 20.90% YoY and de-growth of 3.74% QoQ. H1 FY22: Revenue at INR 7,048.41 million, compared to INR 6,183.44 million in H1 FY21, a growth of 13.99%. EBITDA (incl. other income) at Rs. 1354.41 million in H1 FY22, compared to Rs. 1001.44 million in H1 FY21 – growth of 35.25%. EBIDTA margin (incl. other income) at 19.22%, compared to 16.20% in H1 FY21, an expansion of approx. 300 bps. PAT at Rs. 930.01 million, compared to Rs. 663.11 million in H 1FY21, growth of 40.25%. Mr. Raghuram K. Shetty, Managing Director of Heranba Industries Limited, commented, “I am pleased to report that we have maintained our growth momentum in the first half of FY22 by reporting a strong set of numbers. We saw an increase of 14% in our revenues and an increase of 40% in our PAT in H1 FY22. Our continued growth trajectory in yet another half year and quarter shows the strong and resilient DNA that we are built on. We are dedicated to accelerating revenue growth and productivity efforts in order to achieve significant margin expansion, and we continue to view FY22 as a crucial acceleration point in Heranba's trajectory.” Result PDF