Mumbai, May 2022: Yasho Industries Ltd (BSE: 541167 | ISIN: INE616Z01012) a leading Indian global manufacturer & supplier of specialty and fine chemicals, has announced its audited financial results for the quarter and financial year ended 31st March, 2022.
Particulars (Rs in Crores) | Q4FY22 | Q4FY21 | Y-o-Y | FY22 | FY21 | Y-o-Y |
Total Revenue* | 186.2 | 110.1 | 69.0% | 624.1 | 369.5 | 68.9% |
EBITDA | 27.9 | 19.2 | 46.0% | 103.7 | 59.1 | 75.5% |
EBITDA Margin (%) | 15.0% | 17.8% | -280 bps | 16.6% | 15.6% | +100 bps |
PAT | 13.5 | 9.1 | 48.6% | 52.7 | 21.5 | 145.5% |
PAT Margin (%) | 7.4% | 8.3% | -090 bps | 8.6% | 5.1% | +350 bps |
Sales in MT | 3,002 | 2,325 | 29.1% | 11,054 | 7,712 | 43.3% |
* Including other income
Mr. Parag Jhaveri, Managing Director & CEO, Yasho Industries Limited said, “We are pleased to report the highest annual performance for the company. Demand for all major chemicals have seen robust growth in FY22 as compared to FY21 despite all ongoing challenges in the country and the global market.
Total Revenue for the year stood at Rs 624.1 Cr, a growth of 68.9% on YoY basis. Our sales volume for FY22 grew by 43.3% and EBITDA margin grew by 100 bps. Our rubber chemicals, lubricant additives & specialty chemical businesses continue to witness growth.
Our export business has contributed 64% in revenue and has maintained its growth momentum. This was primarily due to the high quality of our products and long-standing relationships with major customers. This quarter we have witnessed unprecedented pressure on the margins due to volatile pricing of raw material, increasing energy & freight costs.
We are pleased to inform you that, we are well on track with our planned capex of Rs. 350 cr. which will bring in an additional capacity of 15,500 MT. Following this expansion, the total capacity of the company will stand at 26,500 MT. The company is awaiting the approval of environmental clearance from the government which we expect to obtain in the coming months.”