Sangam Renewables Limited BSE Security Code:534618 has declared its 4th(fourth) quarter audited consolidated financial report from the month of January, 2021 to the month of March, 2021; for the fiscal year 2020-21.
| Revenue Reported by Sangam Renewables Limited for Fourth Quarter FY, 2020-21 | ||||
| Current Quarter (January, 2021 - March, 2021) | Previous Quarter (October, 2020 - December, 2020) | Corresponding Quarter (January, 2020 - March, 2020) | 12 Months Ended (April, 2020 - March, 2021) | Corresponding 12 Months Ended (April, 2019 - March, 2020) |
| 89.71 | 33.90 | 14.08 | 154.19 | 73.71 |
| Calculated Revenue of Sangam Renewables Limited for Fourth Quarter FY, 2020-21 | |||||
| Current(March, 2021) VS Previous(December, 2020) | Current(March, 2021) VS Corresponding(March, 2020) | 12 months Ended(April, 2020 - March, 2021) VS Corresponding 12 months Ended(April, 2019 - March, 2020) | |||
| Change | Change % | Change | Change % | Change | Change % |
| 55.81 | 164.63%(Revenue Increase) | 75.63 | 537.14%(Revenue Increase) | 80.48 | 109.18%(Revenue Increase) |
Revenue: Sangam Renewables Limited's financial report shows that the company's revenue increased by 164.63% in QoQ(Quarter on Quarter) / current quarter(January, 2021 - March, 2021) amounting to Rs.55.81 millions, as the company posted revenue of Rs.89.71 millions; in compare to previous quarter(October, 2020 - December, 2020) when the company reported revenue of Rs.33.90 millions.
The result also shows that the company's revenue increased by 537.14% in YoY(Year over Year) / in current quarter(January, 2021 - March, 2021) amounting to Rs.75.63 millions; in comparison to the corresponding quarter(January, 2020 - March, 2020) when the company posted revenue of Rs.14.08 millions.
The company further reported that its revenue increased by 109.18% in 12 months end(April, 2020 - March, 2021) amounting to Rs.80.48 millions in revenue as the company reported revenue of Rs.154.19 millions; in comparison to the corresponding 12 months end(April, 2019 - March. 2020) when the company posted revenue of Rs.73.71 millions.
| Gross Margin(%) Reported by Sangam Renewables Limited for Fourth Quarter FY, 2020-21 | ||||
| Current Quarter (January, 2021 - March, 2021) | Previous Quarter (October, 2020 - December, 2020) | Corresponding Quarter (January, 2020 - March, 2020) | 12 Months Ended (April, 2020 - March, 2021) | Corresponding 12 Months Ended (April, 2019 - March, 2020) |
| 62.76 | 41.86 | 100.00 | 63.69 | 100.00 |
| Calculated Gross Margin(%) of Sangam Renewables Limited for Fourth Quarter FY, 2020-21 | |||||
| Current(March, 2021) VS Previous(December, 2020) | Current(March, 2021) VS Corresponding(March, 2020) | 12 months Ended(April, 2020 - March, 2021) VS Corresponding 12 months Ended(April, 2019 - March, 2020) | |||
| Change | Change % | Change | Change % | Change | Change % |
| 20.90 | 49.94%(GM Increase) | 37.24 | 37.24%(GM Decrease) | 36.31 | 36.31%(GM Decrease) |
Gross Margin(%)/ GM: The company's financial report indicates, the company's GM increased by 49.94% in QoQ(Quarter on Quarter) / current quarter(January, 2021 - March, 2021) with a change of 20.90%, as the company reported 62.76% GM; in comparison to previous quarter(October, 2020 - December, 2020) when the company reported 41.86% GM.
The result also indicates, the company's GM decreased by 37.24% in YoY(Year over Year) / in current quarter(January, 2021 - March, 2021) with a change of 37.24%; in comparison to corresponding quarter(January, 2020 - March, 2020) when the company reported 100.00% GM.
The company also reported that its GM decreased by 36.31% in 12 months end(April, 2020 - March, 2021) with a change of 36.31%, since the company reported 63.69% GM; in comparison to corresponding 12 months end(April, 2019 - March. 2020) when the company reported 100.00% GM.
| EBITDA Reported by Sangam Renewables Limited for Fourth Quarter FY, 2020-21 | ||||
| Current Quarter (January, 2021 - March, 2021) | Previous Quarter (October, 2020 - December, 2020) | Corresponding Quarter (January, 2020 - March, 2020) | 12 Months Ended (April, 2020 - March, 2021) | Corresponding 12 Months Ended (April, 2019 - March, 2020) |
| 57.03 | 14.71 | 15.63(Negative) | 94.28 | 20.66 |
| Calculated EBITDA of Sangam Renewables Limited for Fourth Quarter FY, 2020-21 | |||||
| Current(March, 2021) VS Previous(December, 2020) | Current(March, 2021) VS Corresponding(March, 2020) | 12 months Ended(April, 2020 - March, 2021) VS Corresponding 12 months Ended(April, 2019 - March, 2020) | |||
| Change | Change % | Change | Change % | Change | Change % |
| 42.32 | 287.70%(EBITDA Increase) | 72.66 | 464.88%(EBITDA Increase) | 73.62 | 356.34%(EBITDA Increase) |
EBITDA/ Earnings before interest, tax, depreciation and amortization: The company's financial report shows that the company's EBITDA increased by 287.70% in QoQ(Quarter on Quarter) / current quarter(January, 2021 - March, 2021) amounting to Rs.42.32 millions, as the company posted EBITDA of Rs.57.03 millions; in compare to previous quarter(October, 2020 - December, 2020) when the company reported EBITDA of Rs.14.71 millions.
The result also shows that the company's EBITDA increased by 464.88% in YoY(Year over Year) / in current quarter(January, 2021 - March, 2021) amounting to Rs.72.66 millions; in comparison to the corresponding quarter(January, 2020 - March, 2020) when the company posted Negative EBITDA of Rs.15.63 millions.
The company further reported that its EBITDA increased by 356.34% in 12 months end(April, 2020 - March, 2021) amounting to Rs.73.62 millions in EBITDA as the company reported EBITDA of Rs.94.28 millions; in comparison to the corresponding 12 months end(April, 2019 - March. 2020) when the company posted EBITDA of Rs.20.66 millions.
| Profit and Loss Reported by Sangam Renewables Limited for Fourth Quarter FY, 2020-21 | ||||
| Current Quarter (January, 2021 - March, 2021) | Previous Quarter (October, 2020 - December, 2020) | Corresponding Quarter (January, 2020 - March, 2020) | 12 Months Ended (April, 2020 - March, 2021) | Corresponding 12 Months Ended (April, 2019 - March, 2020) |
| 6.43(Loss ) | 4.71(Loss ) | 26.53(Loss ) | 23.67(Loss ) | 31.77(Loss ) |
| Calculated Profit and Loss of Sangam Renewables Limited for Fourth Quarter FY, 2020-21 | |||||
| Current(March, 2021) VS Previous(December, 2020) | Current(March, 2021) VS Corresponding(March, 2020) | 12 months Ended(April, 2020 - March, 2021) VS Corresponding 12 months Ended(April, 2019 - March, 2020) | |||
| Change | Change % | Change | Change % | Change | Change % |
| 1.72 | 36.52%(Loss Increase) | 20.10 | 75.76%(Loss Decrease) | 8.10 | 25.50%(Loss Decrease) |
Profit and Loss / PAT(Profit after Tax): The company's financial report shows that the company's loss increased by 36.52% in QoQ(Quarter on Quarter) / current quarter(January, 2021 - March, 2021) amounting to Rs.1.72 millions, as the company posted loss of Rs.6.43 millions; in compare to previous quarter(October, 2020 - December, 2020) when the company reported loss of Rs.4.71 millions.
The result also shows that the company's loss decreased by 75.76% in YoY(Year over Year) / in current quarter(January, 2021 - March, 2021) amounting to Rs.20.10 millions; in comparison to the corresponding quarter(January, 2020 - March, 2020) when the company posted loss of Rs.26.53 millions.
The company further reported that its loss decreased by 25.50% in 12 months end(April, 2020 - March, 2021) amounting to Rs.8.10 millions in loss as the company reported loss of Rs.23.67 millions; in comparison to the corresponding 12 months end(April, 2019 - March. 2020) when the company posted loss of Rs.31.77 millions.
| EPS Reported by Sangam Renewables Limited for Fourth Quarter FY, 2020-21 | ||||
| Current Quarter (January, 2021 - March, 2021) | Previous Quarter (October, 2020 - December, 2020) | Corresponding Quarter (January, 2020 - March, 2020) | 12 Months Ended (April, 2020 - March, 2021) | Corresponding 12 Months Ended (April, 2019 - March, 2020) |
| 0.31(Negative) | 0.23(Negative) | 1.27(Negative) | 1.13(Negative) | 1.54(Negative) |
| Calculated EPS of Sangam Renewables Limited for Fourth Quarter FY, 2020-21 | |||||
| Current(March, 2021) VS Previous(December, 2020) | Current(March, 2021) VS Corresponding(March, 2020) | 12 months Ended(April, 2020 - March, 2021) VS Corresponding 12 months Ended(April, 2019 - March, 2020) | |||
| Change | Change % | Change | Change % | Change | Change % |
| 0.08 | 34.78%(EPS Decrease) | 0.96 | 75.59%(EPS Increase) | 0.41 | 26.62%(EPS Increase) |
EPS /Earning per Share: The company's financial report shows that the company's EPS decreased by 34.78% in QoQ(Quarter on Quarter) / current quarter(January, 2021 - March, 2021) amounting to Rs.0.08, as the company posted Negative EPS of Rs.0.31; in compare to previous quarter(October, 2020 - December, 2020) when the company reported Negative EPS of Rs.0.23.
The result also shows that the company's EPS increased by 75.59% in YoY(Year over Year) / in current quarter(January, 2021 - March, 2021) amounting to Rs.0.96; in comparison to the corresponding quarter(January, 2020 - March, 2020) when the company posted Negative EPS of Rs.1.27.
The company further reported that its EPS increased by 26.62% in 12 months end(April, 2020 - March, 2021) amounting to Rs.0.41 in Negative EPS as the company reported Negative EPS of Rs.1.13; in comparison to the corresponding 12 months end(April, 2019 - March. 2020) when the company posted Negative EPS of Rs.1.54.
| Assets Reported by Sangam Renewables Limited for Fourth Quarter FY, 2020-21 | ||||
| Details | Non-current Assets | Current Assets | ||
| Current Year Ended(March, 2021) | Previous Year End(March, 2020) | Current Year Ended(March, 2021) | Previous Year End(March, 2020) | |
| Reported | 1572.19 | 765.76 | 457.26 | 450.28 |
| Change | Change % | Change | Change % | |
| Calculated | 806.43 | 105.31%(Assets Increase) | 6.98 | 1.55%(Assets Increase) |
Assets:The company reported its non-current assets increased by 105.31% in current year end(March, 2021) amounting to of Rs.806.43 millions, since the company reported net non-current assets of Rs.1572.19 millions; in comparison to previous year end(March, 2020) when the company reported net non-current assets of Rs.765.76 millions.
The balance sheet of the company also shows that, its current assets increased by 1.55% in current year end(March, 2021) amounting to Rs.6.98 millions, as the company posted net current assets of Rs.457.26 millions; against previous year end(March, 2020) when the company reported net current assets of Rs.450.28 millions.
| Liabilities Reported by Sangam Renewables Limited for Fourth Quarter FY, 2020-21 | ||||
| Details | Non-current Liabilities | Current Liabilities | ||
| Current Year Ended(March, 2021) | Previous Year End(March, 2020) | Current Year Ended(March, 2021) | Previous Year End(March, 2020) | |
| Reported | 1318.95 | 403.31 | 168.18 | 247.51 |
| Change | Change % | Change | Change % | |
| Calculated | 915.64 | 227.03%(Liabilities Increase) | 79.33 | 32.05%(Liabilities Decrease) |
Liabilities:The company reported its non-current liabilities increased by 227.03% in current year end(March, 2021) amounting to of Rs.915.64 millions, since the company reported net non-current liabilities of Rs.1318.95 millions; in comparison to previous year end(March, 2020) when the company reported net non-current liabilities of Rs.403.31 millions.
The balance sheet of the company also shows that, its current liabilities decreased by 32.05% in current year end(March, 2021) amounting to Rs.79.33 millions, as the company posted net current liabilities of Rs.168.18 millions; against previous year end(March, 2020) when the company reported net current liabilities of Rs.247.51 millions.
***All amounts are given in Million Indian Rupees(INR) except EPS (Earnings per share) which are in Indian Rupees(INR) only.***
Gross Margin=Total Revenue from Operations -(Cost of Materials Consumed + Purchases of stock-in-trade - Changes in inventories of finished goods, work-in-progress and stock-in-trade).
Gross Margin%=(Gross Margin / Total Revenue from Operations)*100.
EBITDA=Commission/Interest + Depreciation and Amortization + Tax + Profit/Loss (PAT).
1 Lac = 100,000.
1 Million = 10 Lacs.
1 Crore = 10 Millions.
1 Crore = 100 Lacs.
1 Billion = 1000 Millions.
1 Billion = 100 Crores.
Comments