Drax Group Plc Annual Results: Standalone & Consolidated Reports

Annual Results

Results Snapshot

Figures in Million

Consolidate Annual Results

Dec'23

Dec'22

Dec'21

Dec'20

Dec'19

Dec'18

Dec'17

Net Sales

7,842.40

8,159.20

5,173.90

4,235.00

4,457.10

4,237.30

3,685.20

Other Operating Income

0.00

Total Operating income

7,842.40

8,159.20

5,173.90

4,235.00

4,457.10

4,237.30

3,685.20

Raw Material Cost

6,315.90

6,906.80

4,262.20

3,611.50

3,856.00

3,811.00

3,307.20

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

294.00

248.90

218.60

196.30

174.30

145.70

137.10

Power Cost

0.00

Manufacturing Expenses

113.30

82.00

70.30

67.30

57.40

39.60

30.30

Selling and Distribution Expenses

721.40

578.30

453.30

422.60

424.10

351.40

316.10

Other Expenses

-38.45

-31.84

-27.75

-25.21

-22.90

-18.53

-16.74

Total Expenditure (Excl Depreciation)

7,060.10

7,497.60

4,726.90

4,045.60

4,282.80

4,162.40

3,623.30

Operating Profit (PBDIT) excl Other Income

782.3000000000001

661.5999999999999

447

189.4

174.3

74.9

61.900000000000006

Other Income

-0.50

13.30

-8.10

-7.60

1.20

1.80

-26.70

Operating Profit (PBDIT)

1,008.70

915.40

638.90

353.70

372.80

251.40

202.20

Interest

113.30

82.00

70.30

67.30

57.40

39.60

30.30

Exceptional Items

129.50

-515.30

-247.40

-349.20

-133.70

-23.30

-208.90

Gross Profit (PBDT)

1,526.50

1,252.40

911.70

623.50

601.10

426.30

378.00

Depreciation

226.90

240.50

200.00

171.90

197.30

174.70

167.00

Profit Before Tax

798.00

77.60

121.20

-234.70

-15.60

13.80

-204.00

Tax

235.50

-4.40

66.40

-40.10

-5.90

-6.40

-36.10

Provisions and contingencies

0.00

Profit After Tax

562.20

85.10

55.60

-194.60

-9.70

20.20

-167.90

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

562.20

85.10

55.60

-194.60

-9.70

20.20

-167.90

Share in Profit of Associates

0.00

Minority Interest

-1.30

-2.60

-0.50

0.00

Other related items

0.00

Consolidated Net Profit

560.90

82.50

55.10

-194.60

-9.70

20.20

-167.90

Equity Capital

0.00

Face Value

0.12

Reserves

1,971.00

1,310.80

1,285.30

1,339.40

1,715.60

1,826.50

1,720.10

Earnings per share (EPS)

1.39

0.21

0.19

-0.4

0.0

0.05

-0.41

Diluted Earnings per share

1.39

0.21

0.19

-0.4

0.0

0.05

-0.41

Operating Profit Margin (Excl OI)

9.98%

8.11%

8.64%

4.47%

3.91%

1.77%

1.68%

Gross Profit Margin

13.07%

3.9%

6.21%

-1.48%

4.08%

4.45%

-1.0%

PAT Margin

7.17%

1.04%

1.07%

-4.6%

-0.22%

0.48%

-4.56%

Public Share Holdings (%)

0.0%

Pledged Promotor Holding (%)

0.0%

Annual Analysis Highlights

Net Sales

YoY Growth in year ended Dec 2023 is -3.88% vs 57.70% in Dec 2022

Consolidate Net Profit

YoY Growth in year ended Dec 2023 is 579.88% vs 49.73% in Dec 2022

Operating Profit (PBDIT) excl Other Income

YoY Growth in year ended Dec 2023 is 11.87% vs 39.43% in Dec 2022

Interest

YoY Growth in year ended Dec 2023 is 38.17% vs 16.64% in Dec 2022

Operating Profit Margin (Excl OI)

YoY Growth in year ended Dec 2023 has improved from Dec 2022

Compare Annual Results Of Drax Group Plc With

Select Peers

Figures in Million

Consolidate Annual Results

Change(GBP)

Change(%)

Net Sales

7,842.40

12,490.70

-4,648.30

-37.21%

Other Operating Income

0.00

Total Operating income

7,842.40

12,490.70

-4,648.30

-37.21%

Raw Material Cost

6,315.90

10,561.30

-4,245.40

-40.20%

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

294.00

592.20

-298.20

-50.35%

Power Cost

0.00

Manufacturing Expenses

113.30

374.60

-261.30

-69.75%

Selling and Distribution Expenses

721.40

814.80

-93.40

-11.46%

Other Expenses

-38.45

-95.60

57.15

59.78%

Total Expenditure (Excl Depreciation)

7,060.10

11,386.90

-4,326.80

-38.00%

Operating Profit (PBDIT) excl Other Income

782.30

1,103.80

-321.50

-29.13%

Other Income

-0.50

1,237.20

-1,237.70

-100.04%

Operating Profit (PBDIT)

1,008.70

3,025.80

-2,017.10

-66.66%

Interest

113.30

374.60

-261.30

-69.75%

Exceptional Items

129.50

-2,836.70

2,966.20

104.57%

Gross Profit (PBDT)

1,526.50

1,929.40

-402.90

-20.88%

Depreciation

226.90

682.40

-455.50

-66.75%

Profit Before Tax

798.00

-867.90

1,665.90

191.95%

Tax

235.50

-110.00

345.50

314.09%

Provisions and contingencies

0.00

Profit After Tax

562.20

-158.00

720.20

455.82%

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

562.20

-158.00

720.20

455.82%

Share in Profit of Associates

0.00

Minority Interest

-1.30

62.40

-63.70

-102.08%

Other related items

0.00

Consolidated Net Profit

560.90

-95.60

656.50

686.72%

Equity Capital

0.00

Face Value

0.12

0.50

0.00

Reserves

1,971.00

8,583.90

-6,612.90

-77.04%

Earnings per share (EPS)

1.39

-0.15

1.54

1,026.67%

Diluted Earnings per share

1.39

-0.15

1.54

1,026.67%

Operating Profit Margin (Excl OI)

9.98%

8.86%

0.00

1.12%

Gross Profit Margin

13.07%

-1.49%

0.00

14.56%

PAT Margin

7.17%

-1.26%

0.00

8.43%

Public Share Holdings (%)

0.00

0.00%

Pledged Promotor Holding (%)

0.00

0.00%

Annual - Net Sales

Net Sales 784.24 Million

in Dec 2023

Figures in Million

YoY Growth in year ended Dec 2023 is -3.88% vs 57.70% in Dec 2022

Annual - Consolidate Net Profit

Consolidate Net Profit 56.09 Million

in Dec 2023

Figures in Million

YoY Growth in year ended Dec 2023 is 579.88% vs 49.73% in Dec 2022

Annual - Operating Profit (PBDIT)

Operating Profit (PBDIT) 100.92 Million

in Dec 2023

Figures in Million

YoY Growth in year ended Dec 2023 is 11.87% vs 39.43% in Dec 2022

Annual - Interest

Interest 11.33 Million

in Dec 2023

Figures in Million

YoY Growth in year ended Dec 2023 is 38.17% vs 16.64% in Dec 2022

Annual - Operating Profit Margin (Excl OI)

Operating Profit Margin (Excl OI) 9.98%

in Dec 2023

Figures in %

YoY Growth in year ended Dec 2023 has improved from Dec 2022