- Revenue at Rs 97.5 Cr, a growth of 32.2% YoY basis
- EBITDA at Rs 15.5 Cr, growth of 19.7% on YoY basis
- PAT at Rs 6.4 Cr, growth of 39% on YoY basis
- Production volume stood at 2,180 MT, a growth of 27.4% on YoY basis
Mumbai, February 10th, 2021 (GNI): Yasho Industries Ltd (BSE: 541167 | ISIN: INE616Z01012) a leading Indian global manufacturer & supplier of specialty and fine chemicals, has announced its un-audited financial results for the quarter and nine months period ended on December 31st, 2020.
Particulars (Rs in Crores) | Q3FY21 | Q3FY20 | Y-o-Y | 9MFY21 | 9MFY20 | Y-o-Y |
Total Revenue* | 97.5 | 73.8 | 32.2% | 259.4 | 222.4 | 16.6% |
EBITDA | 15.5 | 12.9 | 19.7% | 39.94 | 32.03 | 24.7% |
EBITDA Margin (%) | 15.9% | 17.5% | 15.4% | 14.4% | ||
PAT | 6.4 | 4.6 | 39.4% | 12.4 | 9.7 | 27.5% |
PAT Margin (%) | 6.5% | 6.2% | 4.8% | 4.4% | ||
Sales in MT | 2,180 | 1,711 | 27.4% | 5,410 | 4,708 | 14.9% |
* Including other income
Mr. Parag Jhaveri, Managing Director & CEO, Yasho Industries Limited said, “We are happy to report highest quarterly financial and operational performance with all chemical segments performing well. Our revenue grew by 32% for the quarter on YoY basis at Rs 97.5 Cr. Our sales volume grew by 27% and EBITDA grew by 20%. Rubber chemicals, Lubricant chemicals & Speciality chemical business has witnessed higher growth as compared to Food Antioxidants & Aroma Chemicals.
Export business contributed more than 60% of our business and we continue to scale up our relationship with Global companies as their trusted supplier. All our facilities are designed to be multipurpose & multiproduct which gives us an edge to diversify on customers demand. We have wide range of products catering to multiple industries which insulates us from downturns in specific industries.
We are well qualified with respect to experience, certifications and inhouse R&D team to develop & deliver products indigenously. We continue to see improving performance across end user industries on the back of robust demand. As we lay the foundations for a strong and future-ready business, our newly expanded capacity of Rubber, Lubricant and Specialty chemicals will fructify in coming quarters”, stated in the press release.
About Yasho Industries Limited is a pioneer in the field of manufacturing fine and specialty chemicals, exporting all over the globe, including USA, Europe, Asia, Middle East and Brazil. Guided by a Management Team that has over 30 years of experience in the industry, it is fully equipped with well-established Automated Manufacturing Facilities designed to manufacture multiple product ranges. The company has a dynamic and far reaching customer base, and rakes in more than 55% of its revenue through export. It is ISO 9001:2015 & FSSC 22000 certified and is a trailblazer in the chemical industry. It continues to grow rapidly, while catering to a huge array of products mapping across various industries and has a strong long-term relationship with customers in more than 40 countries. The company has three well equipped manufacturing units located in Vapi, Gujarat. ends
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