Stock Report

Smruthi Organics Ltd Q2FY21 PAT zooms to Rs. 5.83 crore



Posted On : 2020-10-19 13:28:40( TIMEZONE : IST )

Smruthi Organics Ltd Q2FY21 PAT zooms to Rs. 5.83 crore

Smruthi Organics Ltd has reported financial results for the period ended September 30, 2020.

Financial Results (Q2 FY20-21) - QoQ Comparison

The company has reported total income of Rs.36.95 crores during the period ended September 30, 2020 as compared to Rs.29.38 crores during the period ended June 30, 2020.

The company has posted net profit / (loss) of Rs.5.83 crores for the period ended September 30, 2020 as against net profit / (loss) of Rs.2.98 crores for the period ended June 30, 2020.

The company has reported EPS of Rs.15.31 for the period ended September 30, 2020 as compared to Rs.7.82 for the period ended June 30, 2020.

FinancialsQ2 FY20-21Q1 FY20-21% Change
Total Income₹ 36.95 crs₹ 29.38 crsUp Tick 25.77%
Net Profit₹ 5.83 crs₹ 2.98 crsUp Tick 95.64%
EPS₹ 15.31₹ 7.82Up Tick 95.78%

Financial Results (Q2 FY20-21) - YoY Comparison

The company has reported total income of Rs.36.95 crores during the period ended September 30, 2020 as compared to Rs.37.89 crores during the period ended September 30, 2019.

The company has posted net profit / (loss) of Rs.5.83 crores for the period ended September 30, 2020 as against net profit / (loss) of Rs.1.89 crores for the period ended September 30, 2019.

The company has reported EPS of Rs.15.31 for the period ended September 30, 2020 as compared to Rs.4.97 for the period ended September 30, 2019.

FinancialsQ2 FY20-21Q2 FY19-20% Change
Total Income₹ 36.95 crs₹ 37.89 crsDown Tick -2.48%
Net Profit₹ 5.83 crs₹ 1.89 crsUp Tick 208.47%
EPS₹ 15.31₹ 4.97Up Tick 208.05%

Financial Results (6 months ended FY 20-21) - YoY Comparison

The company has reported total income of Rs.66.33 crores during the 6 months period ended September 30, 2020 as compared to Rs.70.40 crores during the 6 months period ended September 30, 2019.

The company has posted net profit / (loss) of Rs.8.82 crores for the 6 months period ended September 30, 2020 as against net profit / (loss) of Rs.4.10 crores for the 6 months period ended September 30, 2019.

The company has reported EPS of Rs.23.13 for the 6 months period ended September 30, 2020 as compared to Rs.10.76 for the 6 months period ended September 30, 2019.

FinancialsHalf-Year Ended FY20-21Half-Year Ended FY19-20% Change
Total Income₹ 66.33 crs₹ 70.40 crsDown Tick -5.78%
Net Profit₹ 8.82 crs₹ 4.10 crsUp Tick 115.12%
EPS₹ 23.13₹10.76Up Tick 114.96%

The company has taunched two API namety Vildagliptin (anti diabetic) and Valsartan (anti hypertensive) in September quarter 2O2O as planned.

Shares of Smruthi Organics Ltd was last trading in BSE at Rs.251.75 as compared to the previous close of Rs. 265. The total number of shares traded during the day was 2557 in over 26 trades.

The stock hit an intraday high of Rs. 265 and intraday low of 251.75. The net turnover during the day was Rs. 652818.

Source : Equity Bulls

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