APIS India Q4FY22 result shows PAT grew 1956% to ₹5.14 Cr | Dividend announced

Net Profit of ₹5.14 crore in the quarter ended on March 31, 2022 as against ₹0.25 crore in the corresponding quarter ended in last year on Mar 31, 2021. The PAT surges up by 1956%

APIS India
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Apis India Ltd was incorporated on March 22 1983 as a public limited Company. The Company is a leading honey processor in India and Master Franchisee of USA Pretzel chain Wetzel’s Pretzels and is currently having its corporate headquarter in Delhi with manufacturing plant in Roorkee Uttrakhand.

The Company has its presence in domestic as well as in International market. It offers a wide variety in honey like-Acacia Eucalyptus Himalaya Honey Lychee Sunflower and wild Flower Forest mainly for the international market, and the company has posted its Q4FY22 and year ended financial results today, the details are as below :

(I) Audited Consolidated Financial Results for Quarter Ended (YoY comparison):

The company has reported, a consolidated Total Income of ₹161.78 crore in the quarter ended on March 31, 2022 as against ₹63.36 crore in the corresponding quarter ended last year on Mar 31, 2021, increased by 155.33%.

The company has posted a consolidated Net Profit of ₹5.14 crore in the quarter ended on March 31, 2022 as against ₹0.25 crore in the corresponding quarter ended in last year on Mar 31, 2021. The PAT surges up by 1956%.

The status of the EPS of the company stood at ₹8.29 as on March 31, 2022 compared to the previous quarter ended on Mar 31, 2021 which was ₹(0.10), recovered by 8390%.

₹*Mar 31, 2022 (Q4FY22)Dec 31, 21 (Q3FY22)Mar 31, 21 (Q4FY21)
Total Income161.7866.4463.36
Total Expenses156.2362.463.42
PBT /(Loss)5.543.97(0.05)
Total Tax /(credit)2.321.125.81
PAT /(Loss) [to the owners]5.143.660.25
*figures are in Crores

(II) Audited Consolidated Financial Result details for the Year Ended :

The company has reported, a consolidated Total Income of ₹295.97 crore in the financial year ended on March 31, 2022 as against ₹273.86 crore for the financial year ended on Mar 31, 2021, increased by 8.07%.

The company has posted a consolidated Net Profit of ₹7.67 crore in the financial year ended on March 31, 2022 as against ₹6.35 crore for the financial year ended on March 31, 2021. The PAT surges up by 20.78%.

The status of the EPS of the company stood at ₹12.89 as on March 31, 2022 compared to the previous year ended on March 31, 2021 which was ₹10.97, up by 17.50%.

₹*Mar 31, 2022 (FY22)Mar 31, 2021 (FY21)
Total Income295.97273.86
Total Expenses287.19265.91
PBT /(Loss)8.787.95
Total Tax /(credit)3.453.00
PAT /(Loss)7.676.35
*figures are in Crores

APIS India Q4FY22 result – Market Times

Recommendation of Dividend on Preference Shares :

Recommended a dividend of ₹4 per preference share (i.e. 4% on ₹100/- fully paid up shares) for the financial year ended March 31, 2022, subject to the approval of share holders of the Company at the ensuing Annual General Meeting.

The stock of APIS India Ltd last hit in BSE,

  • Intraday High of ₹ 18.40
  • Intraday low of ₹ 18.40