Conference Call with EKI Energy Services Management and Analysts on Q2FY23 Performance and Outlook. Listen to the full earnings transcript.
Consulting service firm EKI Energy Services announced Q2FY23 results: The company has liquidity of Rs. 186.5 Crs in the form of Cash & liquid investments During H1FY23, revenue grew by 50.4% to Rs. 957.6 crore, EBITDA stood at Rs. 272.9 crore i.e growth of 74.3% and PAT stood at Rs. 202.6 Cr i.e. growth of 73.3% compared to with the corresponding period of H1FY22. During Q2FY23, the EBITDA margin increased from 24.5% to 28.9% as compared with the corresponding Q2FY22 The company has launched a Climate Impact Fund of Rs. 1000 crore ($125 million) in partnership with Singapore-based Fund Management Company. Mr. Manish Dabkara, Chairman & MD – of EKI Energy Services Ltd. (EKI), said, “Our strong performance is a result of our consistent and focused service delivery with an ardent dream to rehabilitate the planet. I would like to thank my entire team of climate warriors at EKI for showing so much resilience, especially in the current times of global uncertainties. We promise to continue aiming for newer milestones and impactful climate interventions empowering the global climate change journey to a greener, safer tomorrow.” Result PDF
EKI Energy Services announced Q1FY23 results: EKl has reported yet another quarter of strong growth and performance with top line growth of 162.8%, EBITDA growth of 199.1% and PAT growth of 199.7% EBITDA margin has increased to 28.1% this quarter from 24.7% in Q1FY22 The company successfully issued bonus shares in the ratio of 1:3 (Three shares for every one share held) Mr. Manish Dabkara, CMD & CEO — EKI Energy Services Ltd. (EKI), said, “Team EKI has together once again achieved newer heights with yet another set of robust results for Q1 FY 2022-23. As we continue to grow as a team and outperform ourselves each year, we have been able to inch closer to our commitment to steer the planet to a future of net-zero emissions. We promise to continue our endeavor to restore nature and drive community development with our comprehensive bouquet of sustainable solutions”. Result PDF
Conference Call with EKI Energy Services Management and Analysts on Q4FY22 Performance and Outlook. Listen to the full earnings transcript.
EKI Energy Services declares Q4FY22 result: Revenue from Operations Rs. 1,800.1 Cr EBITDA Rs. 515.8 Cr Profit After Tax Rs. 383.4 Cr Performance of Q3 is always exceptionally high as it is the last quarter of the financial year for overseas clients to meet their annual targets of carbon offset Strong business momentum driven by higher demand and increasing carbon credit prices which has resulted in company revenues increasing by 843.5% yoy to Rs. 1,800.1 Cr for FY22 EBITDA margin has doubled from 13.3% in FY21 to 28.7% in FY22 ROCE for FY22 at 236.7%, up from 153.8% in FY21 and ROE for FY22 at 176.5%, up from 120.2% in FY21 Board of Directors of the company have approved issuance of bonus shares as well as the migration of the company from the SME segment to main board at BSE, subject to approvals Declared & paid interim dividend of Rs. 20 / share for FY21-22. Mr. Manish Dabkara, CMD and CEO — EKI Energy Services Ltd. (EKI), said, “We are delighted to report yet another stupendous performance. The commendable growth in both our top-line as well as bottom-line is a result of the team’s continued endeavour to deliver the best services to our customers. We achieved many milestones in the year 2022 and as we gear up for 2023, we promise to continue the momentum and empower the planet’s journey to net-zero.” Result PDF