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GMM Pfaudler Ltd. — Earnings Release 2020
Jan 23, 2020
61612_rns_2020-01-23_d528c200-48b6-4760-9952-935d47898d7b.pdf
Earnings Release
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www.gmmpfaudler.com | BSE: 505255 | CIN: L29199GJ1962PLC001171 | ISIN: INE541A01023 | SECTOR: ENGINEERING - HEAVY
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Quarterly Earnings Release | Q3 FY20
Mumbai, January 23rd, 2020: GMM Pfaudler (GMMP) a leading supplier of process equipment to the pharmaceutical and chemical industry segments today announced its third quarter (Q3FY20) and ninemonth (9MFY20) results for the period ended December 31[st] , 2019
Financial Performance
Standalone Q3FY20 review (Y/Y %)
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Operating revenue increased to Rs.1,366mn, up 29% versus Rs.1,056mn during Q3 of last year.
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EBITDA improved significantly to Rs.287mn, up 67% versus Rs.172mn during Q3 of last year.
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EBITDA Margin improved to 21% versus 16% in Q3 of last year.
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Net profit increased substantially to Rs.194mn, up 76% versus Rs.110mn during Q3 of last year.
Standalone 9MFY20 review (Y/Y %)
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Operating revenue increased to Rs.4,030mn, up 35% versus Rs.2,980mn during 9M of last year.
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EBITDA improved to Rs.793mn, up 63% versus Rs.486mn during 9M of last year.
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EBITDA Margin improved to 20% versus 16% in 9M of last year.
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Net profit increased to Rs.521mn, up 74% versus Rs.299mn during 9M of last year.
Consolidated Q3FY20 review (Y/Y %)
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Operating revenue increased to Rs.1,560mn, up 19% versus Rs.1,314mn during Q3 of last year.
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EBITDA improved significantly to Rs.304mn, up 46% versus Rs.208mn during Q3 of last year.
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EBITDA Margin improved to 20% versus 16% in Q3 of last year.
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Net profit increased substantially to Rs.211mn, up 74% versus Rs.121mn during Q3 of last year.
Consolidated 9MFY20 review (Y/Y %)
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Operating revenue increased to Rs.4,593mn, up 26% versus Rs.3,635mn during 9M of last year.
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EBITDA improved to Rs.887mn, up 55% versus Rs.572mn during 9M of last year.
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EBITDA Margin improved to 19% versus 16% in 9M of last year.
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Net profit increased to Rs.595mn, up 60% versus Rs.373mn during 9M of last year.
Management Comment
Commenting on the Company’s performance for Q3FY20, Mr. Tarak Patel, Managing Director said “We are pleased to report yet another quarter of strong performance with consolidated operating revenue growth of 19% and EBITDA growth of 46% over the same period in the previous year. Our order book continues to remain healthy on the back of strong demand from the Chemical and Pharmaceutical sectors. We will selectively add capacity looking at the robust demand environment."
He further added "We continue to innovate and improvise to enhance our performance and create differentiated value for our stakeholders. The Company has also laid out a five-year plan with an aim to take the Company to next level of sustainable growth."
About GMM Pfaudler
GMM Pfaudler (GMMP) is a leading supplier of process equipment to the pharmaceutical and chemical industries. GMMP is the market leader and has more than five decades’ experience in manufacturing Glass lined Equipment. Over the years GMMP has diversified its product portfolio to include Mixing Systems, Filtration & Drying Equipment, Engineered Systems and Heavy Engineering Equipment and is today a one stop shop for the chemical process industry. The Company has long standing track record of consistent dividends. For Details please contact www.gmmpfaudler.com
www.gmmpfaudler.com | BSE: 505255 | CIN: L29199GJ1962PLC001171 | ISIN: INE541A01023 | SECTOR: ENGINEERING - HEAVY
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Quarterly Earnings Release | Q3 FY20
For details please contact:
Ms. Mittal Mehta
Company Secretary P: +91 22 66503900 E: [email protected]
Diwakar Pingle
Christensen IR P: +91 22 4215 0210 E: [email protected]
Disclaimer:
Certain statements in this document that are not historical facts are forward looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local, political or economic developments, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forwardlooking statements. GMMP Pfaudler Limited will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.