Conference Call with Mishra Dhatu Nigam Management and Analysts on Q4FY22 Performance and Outlook. Listen to the full earnings transcript.
Iron & Steel Products company Mishra Dhatu Nigam declares Q4FY22 result: Mini-Ratna Defence PSU Mishra Dhatu Nigam Limited (MIDHANI) has achieved a turnover of Rs. 323.29 Cr. during the 4th quarter of FY 2021-22 against the turnover of Rs. 345.87 Cr. recorded in the corresponding quarter of the previous year. Value of Production (VoP) during the 4th quarter of F.Y. 2021-22 stood at Rs.352.17 Cr, with a growth of 29.89 % against the Value of Production (VoP) of Rs.271.14Cr recorded in the corresponding quarter of previous year. Profit Before Tax (PBT) during the 4th quarter of F.Y. 2021-22 stood at Rs. 110.46 Cr registering a growth of 8.80% against the Profit Before Tax (PBT) of Rs.101.53 Cr. recorded in the corresponding quarter of the previous year. Profit After Tax (PAT) during the 4th quarter of FY 2021-22 stood at Rs. 80.99 Cr registering a growth of 8.53% against the Profit After Tax (PAT) of Rs.74.62 Cr recorded in the corresponding quarter of the previous year. For the F.Y. 2021-22, the company has achieved a turnover of Rs.859.49 Cr, registering a growth of 5.69 % against the turnover of Rs. 813.23 Cr, recorded during the previous F.Y.2020-21. Value of Production (VoP) for the F.Y. 2021-22 stood at Rs.988.73 Cr, with a growth of 28.13 % against the Value of Production (VoP) of Rs. 771.64 Cr recorded during the previous F .Y. 2020-21. Profit Before Tax (PBT) for the F.Y. 2021-22 stood at Rs. 239.12 Cr, with a growth of 5.76 % against the Profit Before Tax (PBT) of Rs. 226.09 Cr recorded during the previous F.Y.2020- 21. Profit After Tax (PAT) for the F.Y. 2021-22 stood at Rs. 176.31 Cr, with a growth of 6.02 % against the Profit After Tax (PAT) of Rs. 166.29 Cr. recorded during the previous F.Y.2020-21. Result PDF
Iron & Steel Products company Mishra Dhatu Nigam declares Q3FY22 result: Mini-Ratna Defence PSU Mishra Dhatu Nigam Limited (MIDHANI) has achieved a Turnover of Rs 234.22 Cr. registering a growth of 23.22 % during the 3rd quarter of FY 2021-22 against the Turnover of Rs 190.09 Cr. recorded in the corresponding period of the previous year. Value of Production (VoP) during the 3 rd quarter of F.Y. 2021-22 stood at Rs .296.67 Cr, with a growth of 29.26 % against the Value of Production (VoP) of Rs.229.51 Cr recorded in the corresponding period of previous year. Profit Before Tax (PBT) during the 3 rd quarter of F.Y. 2021-22 stood at Rs. 58.25 Cr, against the Profit Before Tax (PBT) of Rs.80.65 Cr. recorded in the corresponding period of the previous year Profit After Tax (PAT) during the 3 rd quarter of FY 2021-22 stood at Rs. 42.88 Cr, against the Profit After Tax (PAT) of Rs 60.02 Cr recorded in the corresponding period of the previous year. For the Nine Months period ended December 2021, the company has achieved a Turnover of Rs.536.20 Cr, registering growth of 14.73 % against the Turnover of Rs. 467.35 Cr, recorded in the corresponding period of the previous year. Value of Production (VoP) upto the 3 rd quarter of F.Y. 2021-22 stood at Rs.636.56 Cr, with a growth of 27.18 % against the Value of Production (VoP) of Rs. 500.50 Cr recorded in the corresponding period of previous year. Profit Before Tax (PBT) upto the 3 rd Quarter of F.Y. 2021-22 stood at Rs. 128.66 Cr, with a growth of 3.29 % against the Profit Before Tax (PBT) of Rs. 124.57 Cr recorded in the corresponding period of the previous year. Profit After Tax (PAT) upto the 3 rd Quarter of F.Y. 2021-22 stood at Rs. 95.32 Cr, with a growth of 3.98 % against the Profit After Tax (PAT) of Rs. 91.67 Cr. recorded in the corresponding period of the previous year. Result PDF
Highlights: Achieved a Turnover of Rs. 187.92 Cr. registering a growth of 14.75 % during the 2nd quarter of FY 2021-22 against the Turnover of Rs. 163.77 Cr. recorded in the corresponding period of the previous year Profit Before Tax (PBT) during the 2nd quarter of FY 2021-22 stood at Rs. 45.34 Cr, with a growth of 2.25 % against the Profit Before Tax (PBT) of Rs. 44.34 Cr. recorded in the corresponding period of the previous year. Profit After Tax (PAT) during the 2nd quarter of FY 2021-22 stood at Rs. 33.63 Cr, with a growth of 3.27 % against the Profit After Tax (PAT) of Rs.32.57 Cr recorded in the corresponding period of the previous year. During the 1st half of F.Y. 2021-22, the company has achieved a Turnover of Rs. 301.98 Cr, registering growth of 8.91 % against the Turnover of Rs. 277.27 Cr, recorded in the corresponding period of the previous year. Profit Before Tax (PBT) during the 1st half of FY 2021-22 stood at Rs. 70.40 Cr, with a growth of 60.31% against the Profit Before Tax (PBT) of Rs. 43.92 Cr recorded in the corresponding period of the previous year. Profit After Tax (PAT) during the 1st half of FY 2021-22 stood at Rs. 52.44 Cr, with a growth of 65.71% against the Profit After Tax (PAT) of Rs. 31.65 Cr recorded in the corresponding period of the previous year. Result PDF
Highlights: Mini-Ratna Defence PSU Mishra Dhatu Nigam Limited (MIDHANI) has achieved a Turnover of Rs 114.05 Crore during the Quarter ended 30th June 2021 registering a growth of 0.48% against the Turnover of Rs 113.50 Crore recorded in the corresponding period of the previous year. Operating Profit of Rs 16.87 Crore during the Quarter ended 30th June 2021 against the Operating Loss of Rs 3.95 Crore recorded in the corresponding period of the previous year Profit Before Tax (PBT) of Rs 25.06 Crore during the Quarter ended 30th June 2021 against the Loss of Rs 0.42 Crore recorded in the corresponding period of the previous year. Profit After Tax (PBT) of Rs 18.81 Crore during the Quarter ended 30th June 2021 against the Loss of Rs 0.92 Crore recorded in the corresponding period of the previous year. The Board of Directors had approved an Interim Dividend of Rs 1.20 per equity share on 15.03.2021. Further the Board of Directors have recommended a final dividend of Rs 1.58 per equity share for the year ended 31.03.2021. The total dividend (including interim dividend) for the financial year 2020-21 is Rs 2.78 per equity share (par value Rs 10/- each). The Company’s operations were impacted by the second wave of the Covid-19 pandemic and the recovery was seen in the later part of the quarter ended 30th June 2021. Based on its assessment of the business/economic conditions as on date, the company expects to recover the carrying value of assets and will continue to evaluate the pandemic-related uncertainty and update its assessment The order book position of the company as on 1st July 2021 stood at Rs 1402.29 Crore. Result PDF