Bombay Dyeing

We all know that it is a leading textile company first and realty is its new line of business. But this time around, in Q4Fy13, it was realty which helped it stay in the black. Its textile segment posted a 3% (YoY) drop in topline while and it contributes just 12% to the total income. On the other hand, polyester showed an over 7% rise in topline and it contributed 36% to the overall revenue. But both textile as well as polyester posted losses at EBIT levels. The real performer has been realty which showed a 3% jump in EBIT though topline was down 11%. Realty contributed over 51% to the total income.

The company ended the quarter with a net profit at Rs.158 crore v/s the shocking net loss of Rs.27 crore in Q3 but 14% lower than Q4FY12 net profit. It ended Fy13 with a net profit at Rs.76 crore, up 29%. The better performance in the first two quarters is what really helped the company shore up its FY13 numbers. Its debt (long term borrowings + short term borrowings) stood at Rs.962 crore and its interest outgo for FY13 was at Rs.175 crore, which is 20% of the total income.