Q2FY22 Result Update: Yasho Industries Limited Declares Highest Ever Half Yearly Revenue, EBITDA & PAT
Yasho Industries Limited (BSE: 541167 | ISIN: INE616Z01012) a leading Indian global manufacturer & supplier of specialty and fine chemicals, has announced its un-audited financial results for the Quarter and Half Year ended on September 30th, 2021.
Following are the highlights of the results:
- Revenue at Rs 271.3 Cr, a growth of 68% YoY basis
- EBITDA at Rs 47.5 Cr, growth of 94% on YoY basis
- PAT at Rs 24.6 Cr, growth of 310% on YoY basis
- Sales volume stood at 5,098 MT, a growth of 59% on YoY basis
|
Particulars (Rs in Crores)
|
Q2 FY22
|
Q2 FY21
|
Y-o-Y
|
Q1 FY22
|
Q-o-Q
|
H1 FY22
|
H1 FY21
|
Y-o-Y
|
|
Total Revenue*
|
137.2
|
88.9
|
54%
|
134.1
|
2%
|
271.3
|
161.9
|
68%
|
|
EBITDA
|
25.2
|
13.1
|
93%
|
22.3
|
13%
|
47.5
|
24.5
|
94%
|
|
EBITDA Margin (%)
|
18.40%
|
14.70%
|
|
16.70%
|
|
17.50%
|
15.10%
|
|
|
PAT
|
13.7
|
3.2
|
335%
|
10.9
|
26%
|
24.6
|
6
|
310%
|
|
PAT Margin (%)
|
10.00%
|
3.50%
|
|
8.10%
|
|
9.10%
|
3.70%
|
|
|
Sales in MT
|
2,651
|
1,799
|
47%
|
2,447
|
8%
|
5,098
|
3,212
|
59%
|
*Including other income
Mr. Parag Jhaveri, Managing Director & CEO, Yasho Industries Limited said, “Due to disruptions in China, global MNCs are looking into Indian chemical and agrochemical industries as an alternate supplier. COVID, logistical challenges, and now power constraints have accelerated the worldwide trend of de-risking the Chinese supply chain, which would benefit the Indian chemical suppliers like us. Due to these factors, limited supply is being sold at above-average prices throughout the world and we have benefited from this trend.
We are pleased to report our highest ever quarterly & half-year performance in terms of Volumes, Sales & Profitability. Total revenue for the H1FY22 stood at Rs 271 crores, a growth of 68 % on a YoY basis. Our sales volume for H1FY22 grew by 59% and EBITDA grew by 94% on a YoY basis. Demand for all major chemicals has been healthy in H1FY22 led by Rubber chemicals, Lubricant chemicals & Speciality chemical business. Capacity expansion through debottlenecking has been completed and will serve incremental demand in H2FY22. We serve over 1,000 clients in 50 countries and have been their long-term business partner thanks to our robust R&D strategy that generates value-add solutions".