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Astral Poly Technik delivers volume growth of 1% for Q1 2017-18

Astral Poly Technik delivers volume growth of 1% for Q1 2017-18

Astral Poly Technik Limited, pioneer in manufacturing of CPVC pipes & fittings announced the financial results for the Quarter ended on June 30, 2017.

Ahmedabad, Gujarat – August 8, 2017 –

Overview of Consolidated Results for Q1 2017-18 v/s Q1 2016-17

                                                                                                                                                                                               (Rs in Mn)

Particulars

Q1 2017-18

Q1 2016-17

Revenue from operations (gross)

4,402

4,715

Less : excise duty

329

518

Revenue from operations (net)

4,073

4,197

 

EBDITA

507

547

EBDITA (in %)

12.45%

13.03%

PBT

322

352

PAT (Before OCI)

248

266

Cash Profit

385

384

Basic / Diluted EPS (In Rs.)

2.07

2.22

Overview of Standalone Results for Q1 2017-18 v/s Q1 2016-17

                                                                                                                                                                        (Rs in Mn)

 Particulars

 

Q1 2017-18

Q1 2016-17

Revenue from operations (gross)

3,227

3,534

Less : excise duty

227

367

Revenue from operations (net)

3,000

3,167

 

EBDITA

413

415

EBDITA (in %)

13.77%

13.10%

PBT

261

248

PAT ( Before OCI)

173

163

Cash Profit

284

261

Basic / Diluted EPS (In Rs.)

1.44

1.36

Installed Capacity p.a. ( In M.T.)

1,37,708

1,27,762

Sales (in M.T.)

19,539

19,355

Production (in M.T.)

24,076

19,816

 

Key Highlights of Adhesives Business :

                                                                                                                                                                                            (Rs in Mn)

PARTICULARS

Q1 2017-18

Q1 2016-17

RESINOVA

SEAL IT

TOTAL

RESINOVA

SEAL IT

TOTAL

 SALES (net)

     786

  363

1,149

   721

   382

1,103

 EBDITA

88

21

109

103

    34

137

 EBDITA %

11.20%

5.79%

9.49%

14.29%

8.90%

12.42%

 

Astral Pipes Limited – a JV at Kenya, where the company has 37.5% stake, has recorded sales revenue of Rs. 94.79 Mn for the Quarter ended March 31, 2017.

 

During the quarter Resinova Chemie Limited, a subsidiary company has successfully implemented SAP.

 

The company has successfully installed 66KVA line at its Santej plant, which will help company for uninterrupted power supply and will reduce wastage percentage and reduction in power cost.

 

To view the results, please click on the link given below:

http://www.astralpipes.com/investorrelation.aspx

Media Contact Details

Mr. Hiranand Savlani

Chief Financial Officer

079-66212000

hiranand@astralcpvc.com

Media Contact
Company Name: Astral Poly Technik Limited
Contact Person: Mr. Hiranand Savlani – CFO
Email: Send Email
Phone: +91-079-66212000
Address:207/1, Astral House, B/h. Rajpath Club, Off. S. G. Highway
City: Ahmedabad
State: Gujarat
Country: India
Website: www.astralpipes.com

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