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May 14, 2018, 09:43
Chambal Fertilisers and Chemicals Ltd result update for Q4FY18. Company posted disappointing growth
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Chambal Fertilisers and chemicals limited

Result Update Q4FY18 ended March 2018 published on 10th May 2018

Financial Analysis:

•             The Net sales of the company slumped in a total of 54.64% q-o-q to Rs.1056.93Cr in Q4FY18 and 0.36% y-o-y to Rs.7546.07Cr for FY18 is because the business having its core production in Urea and therefore there was some decrease in sales but the company also produces Single Super Phosphate (SSP), Agri Inputs like Di-Ammonium Phosphate (DAP), Muriate of Potash (MOP), insecticides, seed, micronutrients etc. wherein DAP and MOP sales were compensated against decline in sales due to Urea.

•             The operating profit of the company decreased by 74.74% q-o-q to Rs.74.86Cr in Q4FY18 and grew contrary by 2.62% y-o-y to Rs.796.51Cr for FY18 even though the operating expenses were reduced q-o-q since the government provided subsidies on Phosphatic & potassic based on the government rates but the sales effect was seen on the operating profit.

•             The Net profit of the company fell by 66.77% q-o-q to Rs.49.55Cr in Q4FY18 and increased by 37.75% y-o-y to Rs.498.84Cr for FY18 the agriculture products have been mentioned in the government plan for the MSP in order to double the farm incomes and allocate higher funds for irrigation purposes for farms in order to increase the welfare of farmers ultimately is boosting for the growth.

 

Note:- Figures in Rs Cr                                  

                                                                                      

Note:- Figures in Rs Cr                                  

 

Company Info:

 

Chambal Fertilisers and chemicals limited are one of the largest fertilizer producers in India who is privately owned, they have two major hi-tech plants located in Kota, Rajasthan

 

Expectation / Future growth plans of the company:

 

•             CRISIL and ICRA recently rated the company A+ for the company’s enhanced amount from Rs.2200Cr to Rs.2500Cr and is focused on its subsidiary companies such as India Steamship limited which provides sea transportation services, Chambal infrastructures ventures.

•             The company is hell-bent on to commission its Kota Plant by Jan 2019 which is a brownfield project which would be set up in Kota, Rajasthan.

 

Ujjivan financial services Ltd result update for Q4FY18. Company posted excellent growth         

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