Yasho Industries Limited Q2FY22: 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.
|
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 (%) |
18.4% |
14.7% |
|
16.7% |
|
17.5% |
15.1% |
|
|
PAT |
13.7 |
3.2 |
335% |
10.9 |
26% |
24.6 |
6.0 |
310% |
|
PAT Margin (%) |
10.0% |
3.5% |
|
8.1% |
|
9.1% |
3.7% |
|
|
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 Limitedsaid, “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.
We are delighted to welcome Mr. Anurag Surana and Mr. Ullal Bhat as our new Non-Executive Directors and we will benefit from their vast experience. We have progressively built up our expertise in the invention, customization, production, and global distribution over the last few years. To meet international quality standards, we have put a lot of work into product development, product approval processes, and different worldwide certifications especially the REACH certificate. In the worldwide market, we see great potential. These developments will boost our proficiencies and allow us to seize future opportunities."
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