HomeNewsBusinessEarningsSintex Industries Q3 PAT may jump 99.5% to Rs 107 cr: Poll

Sintex Industries Q3 PAT may jump 99.5% to Rs 107 cr: Poll

Plastic products manufacturer Sintex Industries will announce its third quarter earnings today. Profit after tax is seen going up 99.5 percent to Rs 107 crore versus Rs 53.6 crore Y-o-Y.

January 30, 2014 / 16:36 IST
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Plastic products manufacturer Sintex Industries will announce its third quarter earnings today. Here is what the poll of CNBC-TV18 analysts expect from the company.

Earnings Q3FY14 Y-o-Y Consolidated-Total income may go up 11.4 percent to Rs 1,590 crore versus Rs 1,427 crore-EBITDA may rise 12.4 percent to Rs 247 crore from Rs 220 crore-Operating profit margin may expand 10 basis points to 15.5 percent versus 15.4 percent-PAT is seen going up 99.5 percent to Rs 107 crore versus Rs 53.6 crore

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Company had a big forex loss of Rs 45 crore in a year ago period. Adjusting for which, PAT last year comes to Rs 98.6 crore.

Expectations-Expect 30 percent growth in pre-fab business and around 20 percent growth in overseas custom moulding business-A slowdown in monolithic business on the back of delayed payments and stagnant order book will more than offset a strong growth in pre-fab business-While domestic custom molding is expected to pose a de-growth on continuing automotive slowdown, overseas custom molding business (NIEF and Wausaukee) to report better performance on rupee depreciation-Monolithic business is expected to post 23 percent Y-o-Y de-growth