Conference Call with Usha Martin Management and Analysts on Q4FY25 & Full Year Performance and Outlook. Listen to the full earnings transcript.
Iron & Steel Products company Usha Martin announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Revenue from operations increased by 8.1% to Rs. 896.1 crore in Q4FY25 Q4FY25 Operating EBITDA stood at Rs. 139.6 crore as against Rs. 151.5 crore, lower by 7.9% Operating EBITDA margin stood at 15.6% in Q4FY25 compared to 18.3% in Q4FY24 In Q4FY25, PBT amounted to Rs. 133.1 crore, a 2.4% YoY decrease from Rs. 136.4 crore PAT amounted to Rs. 100.9 crore in Q4FY25 as against Rs. 106.3 crore in Q4FY24 Basic EPS stood at Rs. 3.32 for the quarter FY25 Financial Highlights: Revenue from operations were up by 7.7% YoY to Rs. 3,474.2 crore Operating EBITDA stood at Rs. 597.1 crore as against Rs. 598.6 crore Operating EBITDA margin for the period was 17.2% vs. 18.6% YoY PAT stood at Rs. 406.3 crore as against Rs. 424.1 crore, down by 4.2% on a YoY basis Basic EPS stood at Rs. 13.37 Commenting on the performance Rajeev Jhawar, Managing Director said, “FY25 ended on a steady note, with revenue at Rs. 3,474 crore, registering an 7.7% year-on-year growth, led by a 9.5% increase in sales volumes. We remain focused on operational efficiency and value-migration, which should support margin improvement and enable us to accelerate growth in the coming quarters. We are pleased with the progress of our ‘One Usha Martin’ initiative, which is now deeply embedded in our culture and way of working across the organisation. We are implementing best practices in procurement, logistics, administration and backend operations to drive cost efficiencies globally. These initiatives have also enabled tighter working capital discipline. The combination of improved cash flows and a leaner balance sheet highlights the progress we have achieved thus far. With this foundation in place, we are confident of building further momentum, with the impact of ‘One Usha Martin’ to intensify from the second half of FY26. Looking ahead, we remain focused on high-value opportunities in the domestic market and on executing our strategic capex programs with discipline. While the external environment presents some near-term uncertainty, we believe that the initiatives undertaken across the organisation have strengthened our business model. This positions us well to drive value-led growth and deliver sustainable performance over the long term.” Result PDF
Conference Call with Usha Martin Management and Analysts on Q3FY25 Performance and Outlook. Listen to the full earnings transcript.
Iron & Steel Products company Usha Martin announced Q3FY25 results Financial Highlights Q3FY25: Revenue from operations increased by 8.0% to Rs 860.5 crore in Q3FY25 Growth in the core Wire Rope segment (up by 9.8% YoY) and the Wire & Strand segment (up by 17.6% YoY) contributed positively to the revenue, while revenue from the LRPC segment declined (down by 1.4% YoY) Q3FY25 Operating EBITDA stood at Rs 142.7 crore as against Rs 157.1 crore, lower by 9.1% Operating EBITDA margin stood at 16.6% in Q3FY25 compared to 19.7% in Q3FY24 The Company's margin performance reflected the impact of softer realizations and challenging market conditions, particularly in international markets, while a diversified and optimized product portfolio continued to support performance In Q3FY25, PBT amounted to Rs 117.6 crore, a 15.7% YoY decrease from Rs 139.6 crore PAT amounted to Rs 92.3 crore in Q3FY25 as against Rs 107.5 crore in Q3FY24 Basic EPS stood at Rs 3.04 for the quarter Rajeev Jhawar, Managing Director said, “Usha Martin delivered healthy volume growth of ~11% and a revenue increase of ~8% YoY in Q3FY25, despite a challenging global environment. Our operating profits were impacted by softer realizations and subdued market conditions in this quarter, particularly in international markets, which affected our margins and bottom-line performance. However, we believe the Company's operational resilience and inherent strengths helped us navigate most of these macro-led headwinds to a large extent. As part of our long-term strategy, we have embarked on the next phase of transformation under the ‘One Usha Martin’ approach. This initiative is aimed at integrating our global operations to enhance efficiency, optimize costs, and strengthen our competitive edge. Key focus areas include centralizing procurement to leverage economies of scale, streamlining logistics for improved cost efficiency and delivery timelines, and optimizing our manufacturing operations in Brunton Shaw UK. Building on the successful turnaround achieved over the past few years, the ‘One Usha Martin’ initiative is a significant step toward future proofing our business, driving margin improvements, and increasing operating leverage. Following the recent unveiling of our refreshed brand identity, we remain optimistic about the future and confident in our ability to leverage integration synergies to drive further improvements. While these efforts will take some time to fully materialize, they are designed to deliver long-term value and significantly enhance our operational efficiencies. With our diverse product portfolio, robust manufacturing and R&D; capabilities, along with a growing network across global and domestic markets, we believe, we are well-positioned to meet evolving customer needs while driving sustainable value creation for all stakeholders” Result PDF