Q1 FY23 INVESTOR UPDATE
Speciality Oils & Lubricants : Q1 FY23 Highlights
Revenue
28% YOY
INR
1,068
crore
31% YOY
EBITDA per KL
↑ INR 10,238
INR 7814 (Q1FY22)
Volume
0.8% YOY
11,15,359 KI
32% YOY
EBITDA post adj*
INR 112
crore
INR 85 crore (Q1FY22)
Margin at 10.5%; 10.2% (Q1FY22)
Revenue up 28% YoY, driven by base oil prices with volume increase of 0.8%. Export contributed 44% to revenue
EBITDA post forex adjustment came in strongly at INR 9,712 per KL,
32% YOY
INR
EBITDA
118
crore
INR 89 crore (Q1FY22)
Margin at 11.1%; 10.8% (Q1FY22)
EBITDA* per KL
31% YOY
INR
9,712
INR 7406 (Q1FY22)
APAR
Tomorrow's solutions today.
○ Weighted average costs of inventories was low due to supply chain disruptions due to delay in incoming cargos. This will result in a higher weighted average cost in
Q2FY23, reducing margins in Q2.
We expect slowdown in volume as customers are struggling to pass on price increases.
○ We expect better volume of transformer oils going forward
amounts in INR crore
*After adjusting open period forex, before
unallocable expenditure (net of income)
Q1 FY23 INVESTOR UPDATE
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