EPCL First Quarter-Mar 2023 Earnings released.
EPS Rs. 1.31 down 50% over previous quarter.
Cash dividend (interim) Rs. 1/- per share.
| EPCL (Rs.) | 1 Month | 6 Month | 1 Year |
| 44.44 | -5.7% | -22.9% | -46.8% |
EPS declined 50% over the previous quarter and by 74% over the same quarter last year.
Sales declined by 9% over the previous quarter and by 22% over the same quarter last year.
Gross Profit increased by 11.6% over the previous quarter and declined by 53% over the same quarter last year.
Gross profit margin was 20% in this quarter up from 16% in the previous quarter but substantially down from 33% compared to the first quarter last year.
EPCL is trading at Rs 44.4, with a Price to Earning Ratio of less than 5, and a Price to Book ratio of less than 1.5, having a high dividend yield (trailing twelve months) of over 19%.
See Key Financials of EPCL;
EPCL: Engro Polymer & Chemical Limited | | | | | |
| Rs. in Millions | 1Q -Mar 2023 | 4Q-Dec 2022 | 3Q-Sep 2022 | 2Q-Jun 2022 | 1Q-Mar 2022 |
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| Sales | 17,978 | 19,751 | 16,904 | 22,277 | 23,127 |
| Gross Profit | 3,591 | 3,217 | 4,973 | 7,528 | 7,665 |
| Other Income | 438 | 139 | 466 | 411 | 425 |
| Finance Cost | 1,170 | 884 | 853 | 740 | 606 |
| Profit Before Tax | 1,678 | 1,784 | 3,146 | 5,518 | 6,266 |
| Taxation | 489 | -585 | 865 | 3,179 | 1,545 |
| Profit After Tax | 1,189 | 2,369 | 2,281 | 2,339 | 4,721 |
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| EPS | 1.31 | 2.61 | 2.51 | 2.57 | 5.19 |
| Cash Dividend | 1 | 2.5 | 2.5 | 2.5 | 5 |
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| G Profit Margin | 20.0% | 16.3% | 29.4% | 33.8% | 33.1% |
| Tax Rate | 29.1% | reversal | 27.5% | 57.6% | 24.7% |
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| Sales Growth | -9.0% | 16.8% | -24.1% | -3.7% | |
| GP Growth | 11.6% | -35.3% | -33.9% | -1.8% | |
| EPS Growth | -49.8% | 3.8% | -2.5% | -50.5% | . |