Wendt India Q4FY22 and Year Ended result : Net Sales of ₹ 47.30 crore, 4% higher in YoY

₹ 47.30 crore for the quarter ended 31st Mar 2022 which is 4% higher in Q4FY22

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Wendt India Ltd (the company announces final dividend) known for its diversified and impressive Product Portfolio, Innovation strategy, strong Product Development, Personalized technical services and providing Technology Solutions in Grinding to its 750+ direct customers in the domestic market. The company posted its Q4FY22 and year ended financial results on 22 April, 2022; the details are as below :

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

The company has reported, a consolidated Total Income of ₹48.69 crore in the quarter ended on March 31, 2022 as against ₹46.21 crore in the corresponding quarter ended last year on Mar 31, 2021, increased by 5.37%.

The company has posted a consolidated Net Profit of ₹7.47 crore in the quarter ended on March 31, 2022 as against ₹5.30 crore in the corresponding quarter ended in last year on Mar 31, 2021. The PAT surges up by 40.94%.

The status of the EPS of the company stood at ₹37.34 as on March 31, 2022 compared to the previous quarter ended on Mar 31, 2021 which was ₹26.46, up by 41.12%.

₹*Mar 31, 2022Dec 31, 21Mar 31, 21
Total Income48.6942.2346.21
Total Expenses38.4134.4539.21
PBT /(Loss)10.287.7870.0
Total Tax /(credit)2.812.221.7
PAT /(Loss)7.475.565.30
*figures are in Crores

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

The company has reported, a consolidated Total Income of ₹182.68 crore in the financial year ended on March 31, 2022 as against ₹140.58 crore for the financial year ended on Mar 31, 2021, increased by 29.95%.

The company has posted a consolidated Net Profit of ₹27.07 crore in the financial year ended on March 31, 2022 as against ₹12.77 crore for the financial year ended on March 31, 2021. The PAT surges up by 112.98%.

The status of the EPS of the company stood at ₹135.34 as on March 31, 2022 compared to the previous year ended on March 31, 2021 which was ₹63.83, up by 112.03%.

₹*Mar 31, 2022 (FY22)Mar 31, 2021 (FY21)
Total Income182.68140.58
Total Expenses145.77123.58
PBT /(Loss)36.9117.00
Total Tax /(credit)9.844.23
PAT /(Loss)27.0712.77
*figures are in Crores
Market Times

(III) Key Highlights about the Performance :

  • FY21-22 Standalone Performance: Sales higher by 32 %, PAT higher by 110 %
  • Q4 Standalone Performance: Sales higher by 8 %, PAT higher by 34 %
  • On a Consolidated basis, Company’s sales stood at ₹ 177.24 crore for the current year, which is 31 % higher than the previous year
  • The Company achieved Sales of ₹ 47.30 crore for the quarter ended 31st Mar 2022 which is 4% higher than the corresponding quarter previous year
  • The Company’s wholly owned subsidiary in Thailand, Wendt Grinding Technologies Ltd, achieved Sales of ₹22.98 crore during the year with the PAT of ₹3.02 crore

Shares of Wendt India Ltd was last traded in BSE at ₹6155.00 as compared to the previous close of ₹6185.60. The total number of shares traded during the day was 152 in over 65 trades.

The stock last hit in BSE,

  • Intraday High of ₹ 6497.00
  • Intraday low of ₹ 6051.65