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Kilburn Engineering Ltd Earnings Release 2023

Nov 10, 2022

61063_rns_2022-11-10_729ceefe-3c48-4bf5-ad69-3fbd15d7664a.pdf

Earnings Release

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Plot No. 6, MIDC Industrial Area, Saravali, Thane – 421 311 , Maharashtra. INDIA.  : 91 2522 663 800 : 91 2522 281026  : [email protected]  : www.kilburnengg.com

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10[th] November, 2022

To To, The Corporate Relationship Department The Secretary BSE Limited The Calcutta Stock Exchange Ltd., 1st Floor, P.J. Tower 7 , Lyons Range, Dalal Street, Fort Kolkata – 700 001 Mumbai-400 001 Scrip Code : BSE 522101 Scrip Code : CSE 21022

Sub: Earnings Release

Please find attached a copy of Earnings Release on the Unaudited financial results of the Company for the quarter and half year ended 30[th] September, 2022.

The above release will also be made available on the website of our Company at www.kilburnengg.com

Thanking you.

Yours faithfully,

For Kilburn Engineering Limited

Arvind Digitally signed by Arvind Bajoria Date: 2022.11.10 13:19:28 +05'30' Bajoria

Arvind Bajoria Company Secretary & DGM (Costing )

M. no. A15390

Encl : a/a

AN ISO-9001: 2000 CERTIFIED COMPANY CIN : L24232WB1987PLC042956 REGD. OFFICE : FOUR MANGOE LANE, SURENDRA MOHAN GHOSH SARANI, KOLKATA – 700 001, INDIA.

Plot No. 6, MIDC Industrial Area, Saravali, Thane – 421 311 , Maharashtra. INDIA.  : 91 2522 663 800 : 91 2522 281026  : [email protected]  : www.kilburnengg.com

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Kilburn Engineering Limited

Quarterly & Half Yearly Earnings Release | Q2 FY23

Thursday, November 10, 2022: Kilburn Engineering Limited announces its second quarter (Q2 FY23) and half yearly (H1 FY23) results for the period ended 30[th] September, 2022.

Financial Performance

cial Performance
Particulars ( ₹ in
Crore)
Q2 FY23 Q2FY22 H1FY23 H1FY22 Year Ended
31st March, 22
Revenue from
Operations
52.13 22.94 101.03 41.86 122.76
OperatingEBITDA 9.95 1.31 16.77 3.61 14.61
EBITDA Margin(%) 18.82% 5.68% 16.15% 8.50% 11.90%
Profit Before Tax 10.42 (1.73) 14.82 (2.37) 3.03
Profit After Tax 7.42 (1.77) 10.31 (2.43) 1.55
EPS 2.16 (0.63) 3.01 (0.86) 0.54

Performance highlights :

  • Strong top-line and bottom-line growth with increase in order inflows

  • Revenue growth of 127% over previous quarter.

  • Operating EBITDA margins at 19%

  • Order Backlog stands at Rs. 186 Crore as on 30.09.2022

  • Reduction in debt by Rs.18.31 Crore from Rs 96.77 Crore as on 30.09.2021 to Rs. 78.46 Crore. as on 30.09.2022

Commenting on the performance Mr. Ranjit Lala Managing Director, Kilburn Engineering Limited said:

Kilburn reported a record revenue for the half year with sustained demand visible across most of our domestic and export end markets. Order intake and backlog numbers remain on track. We will continue in our endeavor to make Kilburn Engineering Limited a leading global player for drying solutions and deliver world class quality and cost effective equipment on time, every time !

Outlook

With the current flow of orders and pending order book the Company expects a substantial growth in its revenue in the current year with a substantial improvement on all operating parameters.

The company operates primarily in sectors such as Chemical, Petrochemical, Refinery, Oil & gas, Power, Fertilizer, Food and allied industries.

Post pandemic, all these sectors have announced expansion of current capacities in terms of Brown Field and Green field projects. It also includes Project supported by government under Make In India initiative and other related schemes.

Furthermore, the current global economic scenario and rising input costs across the world gives an advantage to Indian manufacturing industry. Our company is well poised to leverage this favourable situation for exports as well. Our company has entered in new areas of business in related industries and will continue to explore opportunities both domestically and international business.

Arvind Digitally signed by Arvind Bajoria Date: 2022.11.10 Bajoria 13:20:06 +05'30'

AN ISO-9001: 2000 CERTIFIED COMPANY CIN : L24232WB1987PLC042956 REGD. OFFICE : FOUR MANGOE LANE, SURENDRA MOHAN GHOSH SARANI, KOLKATA – 700 001, INDIA.

Plot No. 6, MIDC Industrial Area, Saravali, Thane – 421 311 , Maharashtra. INDIA.  : 91 2522 663 800 : 91 2522 281026  : [email protected]  : www.kilburnengg.com

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About Kilburn Engineering Limited

With nearly four decades of Experience Kilburn Engineering Limited ( BSE Code : 522101) has emerged as a technology led company , specialising in process design, engineering and manufacture of equipment and systems for various process plants, primarily engaged in the chemical and petrochemical sectors. The Company is a market leader in solid, liquid and gas drying systems and also provides a comprehensive package of solutions for tea, fertiliser, carbon black, soda ash, pharmaceuticals, dyes and pigments and speciality chemicals among other industries.

The Core strength of the Company lies in successful assimilation of world class technologies. The Company has a state-of art manufacturing facility at Thane, Maharashtra spread over 8 acers with an in house pilot facility for testing of different material.

For more information, please visit www.kilburnengg.com or contact

Arvind Bajoria Company Secretary Kilburn Engineering Limited Email : [email protected]

DISCLAIMER:

Certain statements in this document may be forward looking statements. Such forward looking statements are subject to certain risks and uncertainties like regulatory changes, downtrend in industry, local political or economic developments and many other factors that could cause our actual results to differ materially from those contemplated by the relevant forward looking statements. Kilburn Engineering 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.

Arvind Digitally signed by Arvind Bajoria Date: 2022.11.10 Bajoria 13:20:26 +05'30'

AN ISO-9001: 2000 CERTIFIED COMPANY CIN : L24232WB1987PLC042956 REGD. OFFICE : FOUR MANGOE LANE, SURENDRA MOHAN GHOSH SARANI, KOLKATA – 700 001, INDIA.