Anupam Rasayan Reports Strong Q1FY22 Results

06 Aug 2021

  • Total Revenue of ₹2,380 Mn; growth of 77%
  • Profit After Tax at ₹321 Mn; growth of 14086%

August 6th, 2021: Anupam Rasayan, one of India’s leading custom synthesis & specialty chemical players, has announced its financial results for the first quarter ended June 30th, 2021.

Financial Highlights for First Quarter Ended June 30th, 2021:
  • Total Revenues at ₹2,380 million in Q1FY22 as compared to ₹1,346 million in Q1FY21 – growth of 77% Y-o-Y.
  • EBITDA (incl. other revenue) at ₹650 million in Q1FY22 as compared to ₹323 million in Q1FY21 – growth of 101% Y-o-Y.
  • Profit After Tax at ₹321 million in Q1FY22 as compared to ₹2 million in Q1FY21 – growth of 14086% Y-o-Y.
  • Total debt repaid as of Q1FY22 is ₹ 5,320 Mn.
 
Anand Desai, Managing Director of Anupam Rasayan, commented, “Despite the challenges brought by the pandemic, we are pleased to have had such a solid start to the new financial year. As a result of the company's timely debt repayment, the company's balance sheet has become leaner and more in line with the company's scale of operations. We have clearly defined strategic objectives of increasing capital efficiency, capturing profitable growth and generating positive cash flow which will lead to significant increase in RoE and RoCE; this all is reflected in our superior EBITDA margins of 27%, an increase of 300 basis points both Q-o-Q and Y-o-Y. To stay ahead of the curve, keep abreast with the advancements in technology, and stride ahead of the competition, we continue to increase our investments in research and development, especially in light of increasing inquiries received from major MNCs recently exhibiting promising market potential.”

 

News Articles More

WhatsApp