Furniture-Furnishing-Paints company Kamdhenu Ventures announced Q1FY25 results: Revenue from Operations: Rs 54.5 crore, down 12% YoY. EBITDA: Rs 3.9 crore, down 3% YoY. EBITDA Margin: 7.2%, up 70 basis points YoY. Profit After Tax (PAT): Rs 1.6 crore, down 26% YoY. Commenting on the results and performance, Saurabh Agarwal, Managing Director said: “Revenue for Q1FY25 stood at Rs 55 crore, a 12% YoY decline. This decrease was primarily due to reduceddemand, influenced by the general elections and an extreme heatwave that curtailed construction andpainting activities. We anticipate a strong recovery during the festive season, driven by an improvement inrural demand due to a well-distributed monsoon and our strong presence across regions. Our primary focus remains on driving revenue through value-added products and maintaining agility in newproduct launches, while continuously innovating our portfolio with premium offerings. This approach isfurther supported by a 70-basis points improvement in EBITDA margin, which aligns with achieving growthnot only in revenues but also in operating profitability going forward. At Kamdhenu Paints we remain highly focused on product innovation which has always been a keycontributor to our success. We take pride in our ability to consistently introduce new paint variants, colors,and finishes to meet the evolving preferences of our customers, this combined with our larger dealernetwork of 4,300+ dealers is what differentiates us from our peers. Given that approximately 70% of India’s population resides in Tier 2 and Tier 3 cities, we have focused onexpanding our reach in these regions. These areas are prime candidates for large infrastructure investmentsdue to increased city plannings, hence boosting the demand for paint products. Additionally, we recognizethe significant potential of India’s rural areas in driving demand for our products, motivating us to extend ourinfluence into these landscapes. The Indian paint industry is backed by several industry tailwinds such as shortening repainting cycles, astrong boost in government infrastructure capex with a high focus on housing for all and finally, theexpanding middle class is shifting towards high-quality and eco-friendly products, consuming higher valueproducts which was not the case before. Together, these factors are expected to drive continued growth inthe industry in the years to come. Our goal is to achieve a revenue target of Rs 1,000 crore within the next five years by capitalizing on marketopportunities and enhancing EBITDA margins. We are confident in reaching this milestone due to our longstanding history and commitment to quality, coupled with robust industry dynamics. Result PDF