Results Snapshot
Figures in Million
Consolidate Annual Results
Dec'24
Dec'23
Dec'22
Dec'21
Dec'20
Dec'19
Dec'18
Net Sales
3,408.20
3,570.20
3,554.20
3,474.40
2,793.00
3,087.10
3,347.60
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
3,408.20
3,570.20
3,554.20
3,474.40
2,793.00
3,087.10
3,347.60
Raw Material Cost
2,025.60
2,203.40
2,301.30
2,133.80
1,755.90
1,939.40
2,016.10
Purchase of Finished goods
0.00
0.00
0.00
0.00
0.00
0.00
0.00
(Increase) / Decrease In Stocks
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Employee Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Power Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Manufacturing Expenses
170.40
173.50
145.20
135.30
158.00
165.60
199.70
Selling and Distribution Expenses
806.40
809.40
790.10
786.40
699.80
709.00
736.80
Other Expenses
-10.39
-10.75
-7.58
-6.46
-9.08
-9.77
-12.83
Total Expenditure (Excl Depreciation)
2,898.50
3,078.80
3,160.80
2,990.90
2,522.90
2,716.30
2,824.30
Operating Profit (PBDIT) excl Other Income
509.7
491.4
393.40000000000003
483.5
270.1
370.79999999999995
523.3
Other Income
5.10
-14.10
13.20
-0.90
14.20
9.80
0.60
Operating Profit (PBDIT)
731.70
694.60
623.60
714.50
503.90
593.70
728.10
Interest
170.40
173.50
145.20
135.30
158.00
165.60
199.70
Exceptional Items
-16.40
-18.30
-3.40
-6.90
-56.30
-7.10
-6.40
Gross Profit (PBDT)
1,382.60
1,366.80
1,252.90
1,340.60
1,037.10
1,147.70
1,331.50
Depreciation
216.90
217.50
217.20
222.60
218.60
222.20
218.50
Profit Before Tax
328.00
285.30
257.80
349.70
71.00
198.80
303.50
Tax
107.50
28.30
14.90
18.40
-19.30
-495.90
31.80
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
195.50
233.50
221.20
297.10
79.70
690.70
245.90
Extraordinary Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Net Profit
195.50
233.50
221.20
297.10
79.70
690.70
245.90
Share in Profit of Associates
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Minority Interest
25.00
23.50
21.70
34.20
10.60
4.00
25.80
Other related items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Consolidated Net Profit
220.50
257.00
242.90
331.30
90.30
694.70
271.70
Equity Capital
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Face Value
0.01
0.01
0.01
0.01
0.01
0.01
0.01
Reserves
3,023.60
3,220.20
3,110.00
3,099.70
2,805.70
2,651.00
1,947.40
Earnings per share (EPS)
0.74
0.85
0.77
1.0
0.27
2.37
0.84
Diluted Earnings per share
0.74
0.85
0.77
1.0
0.27
2.37
0.84
Operating Profit Margin (Excl OI)
14.96%
13.76%
11.06%
14.18%
9.71%
11.72%
15.2%
Gross Profit Margin
15.99%
14.08%
13.36%
16.47%
10.37%
13.64%
15.59%
PAT Margin
5.74%
6.54%
6.22%
8.55%
2.85%
22.37%
7.35%
Public Share Holdings (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Pledged Promotor Holding (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Annual Analysis Highlights
Net Sales
YoY Growth in year ended Dec 2024 is -4.54% vs 0.45% in Dec 2023
Consolidate Net Profit
YoY Growth in year ended Dec 2024 is -14.20% vs 5.80% in Dec 2023
Operating Profit (PBDIT) excl Other Income
YoY Growth in year ended Dec 2024 is 2.53% vs 16.10% in Dec 2023
Interest
YoY Growth in year ended Dec 2024 is -1.79% vs 19.49% in Dec 2023
Operating Profit Margin (Excl OI)
YoY Growth in year ended Dec 2024 has improved from Dec 2023
Compare Annual Results Of Gates Industrial Corp. Plc With
Figures in Million
Consolidate Annual Results
Change(USD)
Change(%)
Net Sales
3,408.20
1,486.80
1,921.40
129.23%
Other Operating Income
0.00
0.00
0.00
Total Operating income
3,408.20
1,486.80
1,921.40
129.23%
Raw Material Cost
2,025.60
821.70
1,203.90
146.51%
Purchase of Finished goods
0
0
0.00
(Increase) / Decrease In Stocks
0
0
0.00
Employee Cost
0.00
0.00
0.00
Power Cost
0
0
0.00
Manufacturing Expenses
170.40
47.80
122.60
256.49%
Selling and Distribution Expenses
806.40
322.30
484.10
150.20%
Other Expenses
-10.39
-0.83
-9.56
-1,151.81%
Total Expenditure (Excl Depreciation)
2,898.50
1,183.50
1,715.00
144.91%
Operating Profit (PBDIT) excl Other Income
509.70
303.30
206.40
68.05%
Other Income
5.10
5.40
-0.30
-5.56%
Operating Profit (PBDIT)
731.70
395.50
336.20
85.01%
Interest
170.40
47.80
122.60
256.49%
Exceptional Items
-16.40
-34.50
18.10
52.46%
Gross Profit (PBDT)
1,382.60
665.10
717.50
107.88%
Depreciation
216.90
86.80
130.10
149.88%
Profit Before Tax
328.00
226.40
101.60
44.88%
Tax
107.50
42.30
65.20
154.14%
Provisions and contingencies
0
0
0.00
Profit After Tax
195.50
184.10
11.40
6.19%
Extraordinary Items
0.00
0.00
0.00
Prior Period Expenses
0
0
0.00
Other Adjustments
0
0
0.00
Net Profit
195.50
184.10
11.40
6.19%
Share in Profit of Associates
0
0
0.00
Minority Interest
25.00
0.00
25.00
Other related items
0.00
0.00
0.00
Consolidated Net Profit
220.50
184.10
36.40
19.77%
Equity Capital
0
0
0.00
Face Value
0.01
1.00
0.00
Reserves
3,023.60
1,064.90
1,958.70
183.93%
Earnings per share (EPS)
0.74
3.19
-2.45
-76.80%
Diluted Earnings per share
0.74
3.19
-2.45
-76.80%
Operating Profit Margin (Excl OI)
14.96%
20.40%
0.00
-5.44%
Gross Profit Margin
15.99%
21.07%
0.00
-5.08%
PAT Margin
5.74%
12.38%
0.00
-6.64%
Public Share Holdings (%)
0%
0%
0.00
0.00%
Pledged Promotor Holding (%)
0%
0%
0.00
0.00%
Annual - Net Sales
Net Sales 340.82 Million
in Dec 2024Figures in Million
YoY Growth in year ended Dec 2024 is -4.54% vs 0.45% in Dec 2023
Annual - Consolidate Net Profit
Consolidate Net Profit 22.05 Million
in Dec 2024Figures in Million
YoY Growth in year ended Dec 2024 is -14.20% vs 5.80% in Dec 2023
Annual - Operating Profit (PBDIT)
Operating Profit (PBDIT) 72.66 Million
in Dec 2024Figures in Million
YoY Growth in year ended Dec 2024 is 2.53% vs 16.10% in Dec 2023
Annual - Interest
Interest 17.04 Million
in Dec 2024Figures in Million
YoY Growth in year ended Dec 2024 is -1.79% vs 19.49% in Dec 2023
Annual - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 14.96%
in Dec 2024Figures in %
YoY Growth in year ended Dec 2024 has improved from Dec 2023






