Vishnu Chemicals Ltd.
Q4FY23 Quarterly & FY23 Annual Result Announced for Vishnu Chemicals Ltd.
Specialty Chemicals firm Vishnu Chemicals announced Q4FY23 & FY23 results:
- Q4FY23:
- Total Income: Rs 339 crore, up 1% YoY
- EBITDA: Rs 64 crore, up 20% YoY
- EBITDA Margin: 18.9% vs 15.8% in Q4FY22
- PAT: Rs 36 crore, up 25% YoY
- PAT Margin: 10.5% vs 8.5% in Q4FY22
- FY23:
- Total Income: Rs 1,406 crore, up 31% YoY
- EBITDA: Rs 245 crore, up 52% YoY
- EBITDA Margin: 17.4% vs 15.0% in FY22
- PAT: Rs 137 crore, up 68% YoY
- PAT Margin: 9.7% vs 7.6% in FY22
- Consistent Track Record:
- 3 years Total income CAGR 27%
- 3 years EBITDA CAGR 41%
- 3 years PAT CAGR 83%
- Generating positive free cash since FY18
Ch. Krishna Murthy, CMD, Vishnu Chemicals said, “We focus on our business as a whole not only the production assets but also the logistics, marketing, and talent development. With a disciplined approach, we will continue our focus on key priorities to operate with diligence & responsibility and create long-term value for our shareholders. We would like to express our gratitude to our stakeholders for their continued support and remain committed to the highest level of corporate governance and ethics.”
Ch. Siddartha, JMD, Vishnu Chemicals said, “The consistent performance is an outcome of our size which is hard to replicate, and a product mix that gives us the flexibility to produce as per demand. We are pleased to deliver holistic improvement and will continue to our nurture our chemistry, which is essential for key applications with limited competition globally.”