Containers & Packaging company Xpro India announced Q1FY26 results Revenue for Q1FY26 increased by 4.6% (YoY), driven by volume growth in coex sheet segments. EBITDA Margin for Q1FY26 higher (QoQ) reflecting higher volume of coex sheets with dielectric films capped by available capacity. EBITDA Q1FY26 lower YoY at Rs 14.3 crore (excluding other income). Profit before tax for Q1FY26 at Rs 6.0 crore. EPS (basic) for Q1FY26 at Rs 1.93. Result PDF
Containers & Packaging company Xpro India announced Q3FY25 results Revenue: Rs 104.6 crore compared to Rs 96.1 crore during Q3FY24, change 8.8%. EBITDA: Rs 10.6 crore compared to Rs 15.2 crore during Q3FY24, change -30.3%. EBITDA margin: 10.1% for Q3FY25. PBT: Rs 10.7 crore compared to Rs 14.4 crore during Q3FY24, change -25.7%. PAT: Rs 7.5 crore compared to Rs 10.7 crore during Q3FY24, change -30%. PAT margin: 7.2% for Q3FY25. Result PDF
Containers & Packaging company Xpro India announced H1FY25 & Q2FY25 results Financial Highlights: Revenue for Q2FY25 increased by 21.8%. Operating EBITDA (excludes other income) for Q2FY25 lower at Rs 13.2 crore QoQ, reflecting above conditions. Profit before tax for Q2FY25 higher at Rs 13.7 crore. Both PBT and PAT in H1FY25 higher than in H1FY24 by 12.0 % and 15.3 % respectively. EPS (basic) for Q2FY25 at Rs 4.51. Operational Highlights: Aggregate production at 16,879 MT higher by 16.4% YoY even as installed capacities remain unchanged. Unbroken demand for Xpro dielectric films with market share maintained. Consumer durable market strong during the quarter; higher offtake by 27.1% YoY. Despite volume improvements, operating results do reflect varying market conditions prevailing in Q2. Nevertheless, Profit After Tax higher by 4.8% YoY. Though turnover was higher in value, operating EBITDA was lower owing to (a) higher proportion of sheets (intrinsically lower margin levels than dielectric films); (ii) dielectric films volume was capped by capacity, and prices were also softer in the quarter (not viewed as a lasting trend); and (iii) impact of incorporation and lease expenses of Xpro Dielectric Films FZLLC (wholly owned subsidiary in UAE), as per accounting standards. It is reasonably expected that bottom-line resilience should continue to reflect our sound operations, competitive edge, and market prospects for technically robust product offerings, calling attention to our focussed leadership strategy. Expansion to double capacity at Barjora has made significant progress, and can be reasonably expected to commence operations in FY25 as announced earlier. The second expansion line for dielectric films is being implemented by the wholly owned subsidiary in UAE (as already announced) and progress generally as per planned timeline. Borrowings during the period are principally long-term supplier’s credit for imported capital equipment. Result PDF
Containers & Packaging company Xpro India announced Q1FY25 results: Financial Highlights: Revenue in Q1FY25 increased by 5.8% YoY to Rs 138.5 crore. EBITDA in Q1FY25 decreased by 18.8 % YoY to Rs 15.6 crore; EBITDA Margin for Q1FY25 stood at 11.3% Profit before tax for Q1FY25 increased by 21.2% YoY to Rs 19.0 crore. Profit after tax for Q1FY25 Increased by 24.1% YoY to Rs 14.0 crore; Reported PAT Margin in Q1FY25 of 10.1% EPS (basic) for Q1FY25 at Rs 6.34 (on recently expanded capital) Operational Highlights: Resilient bottom-line signifying steady operations, sustained market opportunities for Xpro’s technically robust product offerings and the impact of strategic initiatives over past few years, underscoring effectiveness of operational strategies and competitive edge; Aggregate production at 8,514 MT higher by 10.7% (YoY); installed capacities remained unchanged; Dielectric films segment maintained its dynamic performance, operating at almost full capacity with sustained domestic demand for Xpro Biax Dielectric films with market share > 30%; Raw material prices volatile with decreasing trend following global uncertainties; volatility reflected in selling prices. European film prices also impacted domestic selling prices. Consumer durable market strong during the quarter, higher offtake by customers by 20% (YoY); Finance cost decrease by 86% (YoY) due to prepayments in previous quarters Higher taxation – brought forward tax losses exhausted Result PDF
Containers & Packaging company Xpro India announced Q4FY24 results: Revenue in Q4FY24 increased by 33.6% QoQ to Rs 128.4 crore. EBITDA in Q4FY24 increased by 10.5 % QoQ to Rs 16.8 crore; EBITDA Margin for Q4FY24 stood at 13.1% Profit before tax for Q4FY24 increased by 14.4% QoQ to Rs 16.5 crore. Profit after tax for Q4FY24 Increased by 16.5% QoQ to Rs 12.4 crore; Reported PAT Margin in Q4FY24 of 9.7 % EPS (basic) for Q4FY24 at Rs 5.88 (on recently expanded capital) Dividend of Rs 2 per equity share on the expanded capital base proposed Result PDF
Containers & Packaging company Xpro India announced Q1FY24 results: Revenue in Q1FY24 increased by 5.3% QoQ to Rs 130.9 crore EBITDA in Q1FY24 increased by 0.1% QoQ to Rs 19.3 crore; EBITDA margin for Q1FY24 higher at 14.7% Profit before tax for Q1FY24 increased by 2.8% QoQ to Rs 15.7 crore Profit after tax for Q1FY24 Increased by 164.6% QoQ to Rs 11.3 crore; PAT Margin in Q1FY24 stood at 8.6% EPS (basic) for Q1FY24 at Rs 6.20 (on recently expanded capital) Result PDF
Containers & Packaging company Xpro India announced Q4FY23 & FY23 results: Sustained healthy performance with full capacity utilisation and continuing gradual shift towards thinner film at Biax Division. Biax Dielectric films' domestic market share in 2022-23 > 30% Global demand for Xpro Biax Dielectric films continues to grow Consumer durables, including refrigerators, faced difficult market conditions and muted growth, and accordingly volumes to the white goods industry - the primary market for the Coex division – fell by 5% during FY23 over FY22 but fell 25% in Q4FY23 (YoY) reflecting the market conditions and consequently reduced refrigerator production volumes at some key customers. Sales value in Coex Division, however, grew 4% in FY23 (YoY) Raw material price volatile; together with cost pass-on, and improved value-addition offerings overall margins scaled-up All long term loans(other than working capital) paid (including through pre-payments) Business transfer of erstwhile Unit 1, manufacturing packaging grade films, completed on October 20, 2022 Revenue in FY23 increased by 8.3% YoY to Rs 511 crore EBITDA in FY23 increased by 16.6% YoY to Rs 74.4 crore; EBITDA Margin for FY23 stood higher at 14.6% Profit before tax for FY23 increased by 45.9% YoY to Rs 59.23 crore Deferred tax liability provision of Rs 14.12 crore in FY23 against deferred tax asset creation of Rs 4.54 crore in FY22 Profit after tax for FY23 increased by 1.0% YoY to Rs 45.4 crore; PAT Margin in FY23 stood at 8.9% EPS (basic) for FY23 at Rs 25.57 Dividend of Rs 2 per equity share on the expanded capital base proposed Result PDF
Container & packaging firm Xpro India announced Q3FY23 results: Q3FY23 & 9MFY23: Revenue in 9MFY23 increased by 17.6 % YoY to Rs 386.7 crore. EBITDA in 9MFY23 Increased by 18.4 % YoY to Rs 55.2 crore; EBITDA Margin for 9MFY23 stood at 14.3%. Profit after tax for 9MFY23 Increased by 49.6% YoY to Rs 41.1 crore; PAT Margin in 9MFY23 stood at 10.6%. EPS (basic) for 9MFY23 (not annualized) at Rs 23.19. Result PDF