Vishal Fabrics

Vishal Fabrics achieves a record breaking performance in FY 22

•FY22 Revenue at Rs. 1,547 Crs, up 60% YoY•

•FY22 EBITDA at Rs. 161 Crs, up 83% YoY•

•FY22 PAT at Rs. 69 Crs, up 281% YoY•

19th May 2022:- Vishal Fabrics Limited (BSE: 538598) (NSE: VISHAL) announced its audited standalone financials for the fourth quarter ended 31^st March 2022.

Commenting on the performance, Mr. Brijmohan Chiripal, Managing Director, said, “I am happy to announce that we have achieved highest ever Revenue, EBITDA & PAT in financial year 2021-22, despite challenging environment. Our remarkable performance in FY22 was fueled by our team's extraordinary efforts to set new records.”

Commenting on the performance, Mr. Vinay Thadani, Chief Executive Officer, said,

“We believe that we have built a strong foundation for the future with sustainable and profitable growth for the long term.  At Vishal Fabrics, we believe in stable and supreme performance with our focus will be on maximizing the revenue growth going ahead. Large interest is to build the profitability by maintaining cost control measures and focus on improving return ratios and maintaining healthy balance sheet position by following our asset-light model.”

Standalone Financial Performance:

Particulars (Rs. Crs)	Q4FY22	Q4FY21	YoY	Q3FY22	QoQ	FY22	FY21	YoY
Revenue from Operations	426	388	10%	427	-0.3%	1,547	968	60%
EBITDA	44	41	8%	44	2%	161	88	83%
EBITDA (%)	10.4%	10.6%	(13)bps	10.2%	20bps	10.4%	9.1%	131bps
EBIT	36	33	9%	36	0.2%	131	64	104%
EBIT Margin (%)	8.6%	8.6%	(0.9)bps	8.5%	5bps	8.5%	6.6%	184bps
Profit After Tax	20	14	41%	19	1%	69	18	281%
PAT Margin (%)	4.6%	3.6%	103bps	4.5%	8bps	4.5%	1.9%	259bps
EPS	0.99	0.71		0.98		3.49	0.92
Cash PAT	30	21		27		102	44

 Sales Volume Performance

	Dholi unit
Particulars	Q4FY22	Q4FY21	FY22	FY21
Utilisation%	85%	89%	85%	65%
	Narol unit
Particulars	Q4FY22	Q4FY21	FY22	FY21
Utilisation%	86%	93%	70%	85%