Sharda Cropchem Limited Announces Consolidated Earnings Results for Third Quarter and Nine Months Ended December 31, 2016
January 30, 2017 at 06:27 pm IST
Share
Sharda Cropchem Limited announced consolidated earnings results for third quarter and nine months ended December 31, 2016. For the quarter, the company reported total revenues of INR 2,429.3 million against INR 1,817.5 million for the same period prior year. EBITDA was INR 323.5 million against INR 250.0 million for the same period prior year. EBITDA Margin was 13.3% against 13.8% for the same period prior year. Operating EBITDA Excl. Forex Impacts was INR 355.7 million against INR 250.0 million for the same period prior year. Operating EBITDA Margin % excl. Forex Impacts was 14.6% against 13.8% for the same period prior year. PBT was INR 292.4 million against INR 161.2 million for the same period prior year. PAT was INR 176.3 million against INR 119.3 million for the same period prior year. Reported PAT was INR 175.7 million against INR 119.3 million for the same period prior year. Earnings per share were INR 1.95 against INR 1.32 for the same period prior year.
For the nine months, total revenues of INR 8,045.0 million against INR 6,989.1 million for the same period prior year. EBITDA was INR 1,498.2 million against INR 1,189.4 million for the same period prior year. EBITDA Margin was 18.6% against 17.0% for the same period prior year. Operating EBITDA Excl. Forex Impacts was INR 1551.5 million against INR 1189.4 million for the same period prior year. Operating EBITDA Margin % excl. Forex Impacts was 19.3% against 17.0% for the same period prior year. PBT was INR 1,320.2 million against INR 1,087.7 million for the same period prior year. PAT was INR 916.8 million against INR 748.6 million for the same period prior year. Reported PAT was INR 916.8 million against INR 748.8 million for the same period prior year. Earnings per share were INR 10.16 against INR 8.30 for the same period prior year.
Sharda Cropchem Limited is an India-based agrochemicals company. The Company is focused on agrochemicals and non-agrichemical businesses. The Company operates through an asset-light business model, and its core competency lies in developing product dossiers and obtaining product registrations in different countries. The Company operates through two segments: Agrochemicals and Non-agrochemicals. Agrochemicals segment is engaged in Insecticides, Herbicides, Fungicides and Biocides. Non-agrochemicals segment is engaged in Conveyor Belts, V Belts and Timing Belts. Its product portfolio in the agrochemical business comprises formulations and generic active ingredients in fungicide, herbicide and insecticide segments for protecting different kinds of crops, as well as serving turf and specialty markets and a range of formulations and generic active ingredients. The product portfolio in the non-agrochemical business comprises belts, general chemicals, dyes and dye intermediates.
SHARDA CROPCHEM LIMITED 
