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Anupam Rasayan Recorded High on Strong Q4 Results

Anupam Rasayan India Ltd declared a third interim dividend of Rs 1.50.

On May 3, Anupam Rasayan soared 3% to an all-time high of Rs 1224 at 1:00 pm on NSE after reporting solid earnings for the March quarter.

Operating revenues of Anupam Rasayan stood at Rs 4,800 million in Q4FY23 against Rs 3,249 million in Q4FY22 (growth of 48% Y-o-Y). Total Revenues were Rs 5,042 million in Q4FY23 against Rs 3,169 million in Q4FY22 (an increase of 59% YoY).

EBITDA stood at Rs 1,416 million in Q4FY23, up 46% Y-o-Y. Profit After Tax (PAT) was at Rs 726 million in Q4FY23, up 58% YoY.

The company’s operating revenues stood at Rs 16,019 million in FY23, a growth of 49% YoY. Total Revenues were Rs 16,105 million, up 49% YoY.

EBITDA with revenue stood at Rs 4,399 million in FY23 against Rs 3,121 million in FY22, up 41% YoY. Profit After Tax is Rs 2,168 million compared to Rs 1,522 million in FY22, rising 42% YoY.

Anand Desai, MD of Anupam Rasayan, mentioned that continued growth momentum with a 49% YoY revenue growth with new products commercialised results in the steady growth of the organic portfolio. The firm continues to focus on adding more value-added products and bringing financial efficiencies.

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