Patels Airtemp (India) Quarterly Results

Charts

YoY Net Sales (Quarterly)

Operating Margin

EPS Growth

POSITIVES

Revenue growth stabilized at ₹85.23 crore in Q3 2023, improving from previous quarters.
Net profit increased slightly to ₹3.32 crore, maintaining profitability amid fluctuations.
Operating profit margin remains robust, averaging around 4%, indicating operational efficiency.

NEGATIVES

Revenue dipped from ₹101.19 crore in Q1 2023 to ₹82.83 crore in Q2 2023, reflecting seasonal instability.
Net profit decreased from ₹3.82 crore in Q1 2023 to ₹3.20 crore in Q2 2023, signaling potential cost pressures.
Operating profit margin contracted slightly in recent quarters, highlighting rising costs impacting profitability.

Field	Sep 21	Jun 22	Sep 22	Dec 22	Mar 23	Jun 23	Sep 23	Dec 23
Revenue	61.37	35.38	80.71	64.20	101.19	82.83	85.23	87.27
Expenses	58.02	33.09	77.17	61.30	96.08	78.78	80.92	83.15
Operating Profit	3.35	2.29	3.54	2.90	5.12	4.05	4.31	4.12
Other Income	0.18	0.50	0.29	0.44	0.26	0.26	0.15	0.56
Interest	2.51	2.31	3.44	3.58	2.89	2.63	3.12	2.59
Depreciation	0.83	1.06	1.05	1.05	0.95	1.03	1.04	1.03
Profit Before Tax	3.53	2.80	3.83	3.33	5.38	4.31	4.46	4.68
Tax	0.90	0.72	0.89	0.99	1.56	1.12	1.14	1.31
Net Profit	2.63	2.07	2.93	2.34	3.82	3.20	3.32	3.37
Eps in Rs	5.19	4.09	5.79	4.44	7.10	5.84	6.08	6.15