Apollo Tricoat Tubes Ltd Q4FY21 PAT drops QoQ to Rs. 34.34 crore

Apollo Tricoat Tubes Ltd has reported financial results for the period ended March 31, 2021.

Financial Results (Q4 FY20-21) - QoQ Comparison

The company has reported total income of Rs.468.38 crores during the period ended March 31, 2021 as compared to Rs.503.81 crores during the period ended December 31, 2020.

The company has posted net profit / (loss) of Rs.34.34 crores for the period ended March 31, 2021 as against net profit / (loss) of Rs.37.89 crores for the period ended December 31, 2020.

The company has reported EPS of Rs.11.30 for the period ended March 31, 2021 as compared to Rs.12.46 for the period ended December 31, 2020.

Financials	Q4 FY20-21	Q3 FY20-21	% Change
Total Income	₹ 468.38 crs	₹ 503.81 crs	-7.03%
Net Profit	₹ 34.34 crs	₹ 37.89 crs	-9.37%
EPS	₹ 11.30	₹ 12.46	-9.31%

Financial Results (Q4 FY20-21) - YoY Comparison

The company has reported total income of Rs.468.38 crores during the period ended March 31, 2021 as compared to Rs.229.44 crores during the period ended March 31, 2020.

The company has posted net profit / (loss) of Rs.34.34 crores for the period ended March 31, 2021 as against net profit / (loss) of Rs.11.13 crores for the period ended March 31, 2020.

The company has reported EPS of Rs.11.30 for the period ended March 31, 2021 as compared to Rs.3.66 for the period ended March 31, 2020.

Financials	Q4 FY20-21	Q4 FY19-20	% Change
Total Income	₹ 468.38 crs	₹ 229.44 crs	104.14%
Net Profit	₹ 34.34 crs	₹ 11.13 crs	208.54%
EPS	₹ 11.30	₹ 3.66	208.74%

Financial Results (Year ended FY 20-21) - YoY Comparison

The company has reported total income of Rs.1474.60 crores during the 12 months period ended March 31, 2021 as compared to Rs.664.39 crores during the 12 months period ended March 31, 2020.

The company has posted net profit / (loss) of Rs.105.01 crores for the 12 months period ended March 31, 2021 as against net profit / (loss) of Rs.42.26 crores for the 12 months period ended March 31, 2020.

The company has reported EPS of Rs.34.54 for the 12 months period ended March 31, 2021 as compared to Rs.14.01 for the 12 months period ended March 31, 2020.

Financials	Year Ended FY20-21	Year Ended FY19-20	% Change
Total Income	₹ 1474.60 crs	₹ 664.39 crs	121.95%
Net Profit	₹ 105.01 crs	₹ 42.26 crs	148.49%
EPS	₹ 34.54	₹14.01	146.54%

Commenting on the Company's performance for Q4 & FY21, Mr. Rahul Gupta, Chairman, Apollo TriCoat said, "Apollo Tricoat Tubes Ltd created its dominant leadership in two product categories, Home Beautification and Door Solutions. These innovative products were successfully launched and well accepted in the markets in last 2 years. The FY21 performance is the result of the way Team Tricoat has executed a strong business continuity plan focused on Health, Cost and Cash since COVID-19 pandemic hit our country last year. With our continuous focus on working capital and cost efficiencies, the company has emerging stronger on all parameters including production ramp up, cash flow generation, debt reduction and return profile."

Shares of Apollo Tricoat Tubes Ltd was last trading in BSE at Rs.1262.25 as compared to the previous close of Rs. 1235.55. The total number of shares traded during the day was 75037 in over 2229 trades.

The stock hit an intraday high of Rs. 1288 and intraday low of 1235. The net turnover during the day was Rs. 95274616.

Source : Equity Bulls

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