Patels Airtemp India Ltd Quarterly Results, Profit & Loss, Balance Sheet (PATELSAI) | Stocksigma

Patels Airtemp India Ltd (PATELSAI) Financials - Quarterly Results, Profit & Loss, Balance Sheet, Cash Flow

Patels Airtemp India Ltd reported sales of ₹87.27 Cr, operating profit of ₹7.74 Cr (OPM 8.87%) and net profit of ₹3.37 Cr for the quarter ended Dec 2023. Figures in ₹ crore, consolidated where available.

PATELSAI quarterly results (₹ Cr)
Metric	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
Sales	80.29	35.38	80.71	64.2	101.19	82.83	85.23	87.27
Expenses	73.06	29.71	72.68	56.67	92.23	75.11	76.76	79.53
Operating Profit	7.23	5.67	8.03	7.53	8.96	7.72	8.47	7.74
OPM	9%	16.03%	9.95%	11.73%	8.85%	9.32%	9.94%	8.87%
Other Income	0.61	0.5	0.29	0.44	0.26	0.26	0.15	0.56
Interest	2.24	2.31	3.44	3.59	2.89	2.63	3.12	2.59
Depreciation	1.13	1.06	1.05	1.05	0.95	1.03	1.04	1.03
Profit before tax	4.47	2.8	3.83	3.33	5.38	4.32	4.46	4.68
Tax	28.19%	25.71%	23.5%	29.73%	29%	25.93%	25.56%	27.99%
Net Profit	3.21	2.07	2.93	2.34	3.82	3.2	3.32	3.37
EPS in Rs	6.33	4.08	5.78	4.28	6.98	5.85	6.07	6.16

PATELSAI profit & loss, annual (₹ Cr)
Metric	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Sales	151	237	255	303	281	371
Expenses	134	214	229	275	251	336
Operating Profit	17	23	26	28	30	35
OPM	12%	10%	10%	9%	11%	9%
Other Income	1	2	1	1	1	2
Interest	5	7	8	9	12	13
Depreciation	3	3	3	4	4	4
Profit before tax	11	15	15	17	15	20
Tax	30%	24%	26%	26%	27%	27%
Net Profit	7	11	11	12	11	15
EPS in Rs	14.44	22.31	22.39	24.4	20.42	26.98
Dividend Payout	17%	11%	11%	11%	15%	11%

PATELSAI balance sheet (₹ Cr)
Metric	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Equity Capital	5	5	5	5	5
Reserves	84	94	106	124	137
Borrowings	45	64	88	95	93
Other Liabilities	126	119	86	136	136
Total Liabilities	261	282	284	360	371
Fixed Assets	33	43	47	47	45
CWIP	4	1	0	0	0
Investments	0	0	0	0	0
Other Assets	224	239	237	313	326
Total Assets	261	282	284	360	371

PATELSAI cash flows (₹ Cr)
Metric	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity	11	8	-13	5	11
Cash from Investing Activity	-17	-9	-6	-3	-1
Cash from Financing Activity	-6	10	14	3	-17
Net Cash Flow	-12	9	-5	5	-7
Free Cash Flow	-6	-1	-20	1	9
CFO/OP	64%	47%	-29%	30%	54%
CFO/EBITDAShare of operating profit converting into cash: CFO (before tax) / Operating Profit	64	47	-29	30	54

PATELSAI ratios
Metric	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	141	131	110	144	105
Inventory Days	260	258	189	314	253
Days Payable	164	147	77	160	110
Cash Conversion Cycle	236	242	221	298	248
Working Capital Days	86	70	87	102	88
ROCE	17%	16%	14%	13%	14%