DivyaShakti Granites

By Research Desk
about 8 years ago
DivyaShakti Granites

Divyashakti Granites declared its Q1FY17 performance on Saturday and it has been a good show which the market is obviously celebrating. With almost 60% of its total turnover coming from exports, its total income for the quarter was at Rs.32 crore, up 45% with domestic sales flat at Rs.11 crore and exports jumping up 111% at Rs.19 crore.

Costs came in a bit higher – 81% of total income v/s 77% in previous Q1. EBITDA was at Rs.7 crore, up 40% while margins jumped up from 22.47% to 21.87%. Net profit for the quarter was at Rs.5 crore, up 15% while NPM improved from 13.64% to 15.62%. 

Its equity stands at Rs.10.27 crore and EPS came in at Rs.5.33 (FV of Rs.10/share). Reserve is at Rs.81 crore. Promoters stake is at 57.91%.

77.15 (-0.76)

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