Tuesday, April 23, 2024
News
NEWS HOME
»
PRN INDIA
PREVEST DENPRO LIMITED REPORTS ROBUST FINANCIALS FOR FY22. 60% JUMP IN PAT AND 34.6% GROWTH IN REVENUE ON YOY
  SocialTwist Tell-a-Friend  
   

JAMMU, India, May 19, 2022 /PRNewswire/ -- Prevest Denpro Ltd (BSE: Prevest) (BSE: 543363) is one of India's leading dental materials manufacturer, Prevest DenPro Limited, which was listed on the bourses in September 2021 on BSE SME Platform, has announced its results for the quarter, half year and year ended on March 31, 2022.

Financial Highlights for H2FY22 Vs H1FY22:

  • Total Revenues at Rs. 2,198.07 lakhs in H2FY22 Vs Rs. 1,775.42 lakhs in HIFY22 which has grown by 23.81%.
  • EBITDA at Rs. 903.21 lakhs in H2FY22 Vs Rs. 764.77 lakhs in H1FY22 which has increased by 18.10%.
  • Profit After Tax (PAT) at Rs. 621.58 lakhs in H2FY22 Vs Rs. 535.31 lakhs in H1FY22 which has grown by 16.12%.

Audited Financial Highlights for the full F.Y. ended March 31, 2022 Vs March 2021 :

  • Total Revenues at Rs. 3,973.50 lakhs FY22 Vs Rs. 2,951.35 lakhs FY21 which has grown by 34.63% .
  • EBITDA at Rs. 1667.99 lakhs FY22 Vs Rs. 999.42 lakhs FY21 which has increased by 66.90%.
  • Profit After Tax (PAT) at Rs. 1,156.88 lakhs FY22 Vs Rs 720.67 lakhs FY21 which has grown by 60.53%
  • EPS at Rs. 9.64 per share FY22 Vs Rs. 8.16 lakhs FY21.

Commenting on the first earnings after listing, Mr Atul Modi, Chairman and Managing Director at Prevest DenPro, said, "The Company has shown strong set of numbers in the second half year of the financial year 2021-22 and we expect the healthy trajectory of performance to continue. We are moving in the right direction. Prevest DenPro's products are sold in more than 80 countries and India contributes only about one third of our revenue. We are creating a big buzz globally and planning to contribute more in India's journey of becoming 'Atmanirbhar' (self-reliant) in the fields of dental materials. We are geared up for producing hygiene, oral care, and bio-materials products, and the quality will continue to remain our prime focus," Mr Atul Modi added.

About Prevest DenPro Limited

Established in 1999, Prevest DenPro Ltd was listed on BSE SME Platform in September 2021. It manufactures over 100 dental products which finds application in endodontics, prosthodontics, orthodontics, periodontics, restorative dentistry, aesthetic dentistry and for fabrication of prosthesis in dental laboratories. The Jammu headquartered company has more than 90 international dealers spread across almost all the continents across the Globe, with its customer base in Europe, North America, South America, Africa and Asia. The company also obtained USFDA approval for its nine products and is all set to enter in the markets of USA and Canada in Financial Year 2022-23.

Prevest DenPro's competitive strengths lies in wide sales and distribution network, comprehensive product portfolio of over 100 dental products, experienced management with strong domain knowledge, track record of robust financial performance, collaboration with reputed dental universities and institutions for technical knowledge & research.

 

More News by PR Newswire India

/DISREGARD RELEASE: Bybit/

Kushal's Fashion Jewellery Festive Collection, adorned by Tara Sutaria, beautifully combines glamour and elegance

Unilumin Group Signed an Agreement with Saudi Arabia in the Third Belt and Road Forum for International Cooperation

Transport Corporation of India Ltd. (TCI Group) has been recognized as a Maritime Excellence Achiever at GMIS 2023 by The Ministry of Ports, Shipping & Waterways on 19th October 2023

Bitget Introduces 'Futures Quant' With AI Features

Bitget's Q3 Growth: Second-Highest Market Share Surge and Record High for BGB Holders

HarperCollins Publishers India is proud to announce the publication of SPREADING JOY: How Joyalukkas Became the World's Favourite Jeweller by Joy Alukkas with Thomas Scaria and Nidhi Jain

Go Global or Go Home: New Report Reveals Companies Lacking Global Presence Will Lose Growth Opportunities

MOVIN rolls out the second phase of Electric Vehicles in Bengaluru paving the way for greener deliveries in logistics

Motilal Oswal Financial Services Ltd. (MOFSL) launches #CorporateMushaira, an audio-first campaign for the World Investor Week

UBBF 2023 Intelligent IP Network Summit in Dubai an Impressive Success

Placing Them Right: IBS Path to MBA Career Success

HDFC ERGO reiterates its commitment on making health insurance Accessible, Affordable and Convenient with launch of 6 new products and 2 service upgrades

capSpire expands its global footprint with entry into the Singapore market

GTPL Hathway records its highest quarterly revenues from operation

CCTV+: International reporters experience the romance and vitality of Hangzhou, China

STL expands its Enterprise Networking solution portfolio with Estelan

Mantittude: Skincare for Men encourages men to unleash their inner 'Pataka' this Diwali

The 134th Canton Fair Opened with Optimized Structure and Upgraded Scale

MADAME TUSSAUDS SINGAPORE UNVEILS LIFELIKE FIGURE OF CRICKET ICON VIRAT KOHLI AMIDST ICC MEN'S CRICKET WORLD CUP!

Ugreen unveils power solutions and personal data storage at the Gitex Trade Show in United Arab Emirates.

Meridean Overseas Education Consultants Announces Half-Day Leave to Celebrate India vs. Pakistan Cricket Match

Xinhua Silk Road: Huai'an, UNESCO creative city of gastronomy, explores innovative dev. of food industry via premier regional food expo

Xinhua Silk Road: Fengxin County in E. China's Jiangxi celebrates bountiful harvest of kiwifruit

Casio to Release G-SHOCK Watches with Shining Metallic-Colored Dials

UEG Week 2023 : Babies with a low birthweight four times more likely to develop fatty liver disease in later life

CGTN: Diffusion of tea and its culture along the Silk Road

NEOM announces Leyja, its latest sustainable tourism destination

Expand North Star 2023 kicks off in Dubai gathering game-changing start-ups to accelerate on global stage

World Health Summit kicks off in Berlin

Hexaware Technologies announces new office in Dehradun to bolster its global delivery network

Chinese automotive industry has overtaken to supercars

Participants of the Made in Russia business mission to India held more than 150 negotiations with local importers and distributors

Rummy Passion Raises the Bar: Instant Withdrawals Now Available for All Tiers

 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
INDIA WORLD ASIA
'Opposition has been exposed': Anurag Th...
Punjab: Mohali Police recovers 43 weapon...
'This has been his tactic to divide': Co...
'It is hate speech': AIMIM leader Warias...
Congress Observer for Mandi Sanjay Dutt ...
'It is going to be his term again': Acto...
More...    
 
 Top Stories
'Days of Our Lives': Kristian Alfon... 
Pakistan Tehreek-e-Insaf alleges el... 
Academy changes rules for 2025 Osca... 
The Leaders Behind Delhi-NCR's Real... 
In Rajasthan's Tonk-Sawai Madhopur,... 
Gujarat and Karnataka lead the prog... 
Earth Day: Smiling Tree led by Aara... 
"He is doing a great job": Sandeep ...