Published on April 25, 2022
Highlights: YoY comparison
Particular | Q4FY21 | Q4FY22 | Growth | FY2021 | FY2022 | Growth | |
Revenue from operations | 259 | 499 | 93% | 829 | 1,551 | 87% | |
EBITDA | 80 | 175 | 118% | 261 | 509 | 95% | |
PAT | 33 | 99 | 202% | 101 | 253 | 151% |
The company has delivered a strong operating and financial performance in line with its commitment of growth. The key performance highlights are:
FY2022 OPERATIONAL HIGHLIGHTS:
FY2022 FINANCIAL HIGHLIGHTS:
Q4FY22 FINANCIAL HIGHLIGHTS:
STRATEGIC UPDATE for FY2022:
Commenting on the results Mr Maulik Patel; Chairman and Managing Director – MFL said: “This has been a landmark year for MFL. We made a debut on stock exchange as an independent entity in August 2021. I am pleased to announce, we have delivered record financial performance. We have achieved highest ever Revenue & PAT of ₹ 1,551 Cr and ₹ 253 Cr. This is a testimony of our team’s effort of delivering excellence despite the tough external environment. Our strong operational efficiency and internal cost control measures allowed us to maintain margins even with the inflationary pressure.
I am happy to announce a 5-year vision of achieving Rs 5,000 crores in revenue by FY27, translating to a revenue CAGR of 25% from hereon. This growth will come from higher revenue contribution of value-added derivatives & specialty chemical. We have announced to enter in Chlorotoluene & its value chain and in phased manner we will keep on announcing our further capex in the future. We continue to move forward in our strategic direction of expanding scale, strengthening integration and achieving low cost of operations”