Trent Ltd. Q4 FY21 Results | Yadnya Investment Academy
Published on 17 May 2021|
Company recorded Revenue from Operations for Q4 of FY21 at Rs. 773.68 crore showing an increase of 7% from Rs. 722.77 crore as per corresponding quarter last year & also as compared to previous quarter.
The reasons attributable to this is ease of lockdown restrictions in the starting months of the quarter.
EBITDA for Q4FY21 stood at Rs. 202.65 crore as compared to Q4FY20 where it stood at Rs. 127.27 crore showing an increase of 59.22% on QoQ basis.
PBT saw an increase of 1090% from Rs. 6.65 crores as on Q4FY20 to Rs. 79.19 crores as for Q4FY21.
Reasons for the same goes to sales through online channel since their online channel delivery registered a growth of over 150% in Q4 of FY21, various cost mitigation steps that company undertook & ease of lockdown restrictions enabled goods transportation.
As a result, PAT also saw an increase of 2077% from Rs. 2.61 crores as for Q4FY20 to Rs. 56.87 crores as for Q4FY21.
Revenue from operations for Q4FY20 stood at Rs. 842.93 crores & for Q4FY21 stood at Rs. 905.54 crore, thus, showing an upward trend of 7.43%.
EBITDA for Q4FY21 stood at Rs. 172 crores as compared to Q4FY20 where it stood at Rs. 91.77 crores showing a tremendous increase of 87.42% on YOY basis.
PBT displayed a good growth of 208.75% on QoQ basis rising from the losses in Q4FY20 to Rs. 39.87 crores in Q4FY21.
Net Profit also showed growth of 442% on QoQ basis from Rs. 3.21 crores in Q4FY20 to Rs. 17.44 crores in Q4FFY21.
Trent Ltd. FY21 results:
Revenue from operations for FY21 stood at Rs. 2,047.52 crores as against of Rs. 3,177.67 crores on 31st March, 2020 showing a decline of 35.56%.
There was fall in EBITDA for the FY2021 of 43.81% from Rs. 714.93 crores in FY20 to Rs. 401.71 crores in FY21.
Decline in revenue led to negative PBT for the company for FY21 at Rs. (72.13) crores as compared to positive PBT of Rs. 245.51 crores, showing a steep decline of 129%.
Net Profit/(loss) stood at negative Rs. (51.01) crores. This reduced by 133% when compared to Rs. 154.58 crores for FY20.
It was for the first time ever for Trent Ltd that over 5% of their Westside revenues were through online channel in Q4FY21 as well as for in the whole financial year.
Revenue from operations for FY21 stood at Rs. 2,592.95 crores as against of Rs. 3,485.97 crores on 31st March, 2020 showing a decline of 25.62%.
There was fall in EBITDA for the FY2021 of 54.24% from Rs. 658.02 crores in FY20 to Rs. 30,1.13 crores in FY21.
PBT/(loss) for the company for FY21 stood at Rs. (204.82) crores as compared to positive PBT of Rs. 164.98 crores as for FY20, showing a steep decline of 224%.
The changes made as per Ind AS 116 of lease accounting requirements had an adverse impact on consolidated PBT to the extent of Rs. 40 Cr.
Net Profit/(loss) stood at negative Rs. (181.13) crores. This reduced by 71% when compared to Rs. 105.97 crores for FY20.
The Board of Directors of the company have recommended a dividend of Rs. 0.6/share.
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