Conference Call with Pidilite Industries Management and Analysts on Q4FY25 & Full Year Performance and Outlook. Listen to the full earnings transcript.
Packaged Foods company Britannia Industries announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Consolidated Sales for Q4FY25 stands at Rs 4,376 crore, growing 9% YoY. Net Profit stands at Rs 559 crore, growing 4% on a YoY basis. FY25 Financial Highlights: Consolidated Sales fir FY25 stands at Rs 17,535 crore growing 6% YoY. Net Profit stands at Rs 2,178 crore, growing 2% on a YoY basis. The Board of Directors recommended a final dividend of Rs 75 per share of face value Re. 1/- each. Varun Berry, Vice Chairman & Managing Director, said: “With a high single-digit value growth of 9% during the last quarter of the year amidst a tight consumption scenario, the performance underscores our resilience in a challenging operating environment marked by rising commodity prices, changing channel dynamics, and subdued demand across FMCG categories. Strategic Pricing actions, nimble approach in emerging channels, combined with robust cost efficiency initiatives delivering savings of approximately 3% of revenue, helped us sustain our growth and profitability as we navigated the year effectively. Our distribution footprint now directly caters to about 29 lakh outlets across the country, with the rural distributors aiding towards strengthening our presence in the rural markets. New launches across the product categories, such as the E-comm first launch of our Premium range of Pure Magic Choco Frames, Winkin Cow Grow further reinforced our adjacent businesses while we continued to invest behind the legacy brands through distinctive promotions for Marie Gold and Good Day during the quarter. As we enter the new financial year, we will continue to closely monitor commodity prices and evaluate their impact, while staying focused on driving healthy, profitable growth and strengthening our market leadership. We reaffirm our commitment to our ESG framework of People, Growth, Governance and Resources and shall continue to focus on our initiatives to build a Sustainable and Profitable business.” Result PDF
Specialty Chemicals company Pidilite Industries announced Q4FY25 & FY25 results Consolidated Q4FY25 Financial Highlights: Net sales at Rs 3,130 crore grew by 10% (excluding Pidilite USA and Pulvitec Brazil) over the same quarter last year. EBITDA before non-operating income at Rs 633 crore grew by 10% over the same quarter last year. Profit before Tax and Exceptional Items (PBT) at Rs 601 crore grew by 21% over the same quarter last year. Profit after Tax (PAT) at Rs 428 crore grew by 41% over the same quarter last year. It may be noted that last year, there was an exceptional loss of Rs 72 crore on account of divestment of Brazil subsidiary. In the current year, there is an exceptional loss of Rs. 25 crore, mainly on account of impairment of loan and investment in an associate entity. Consolidated FY25 Financial Highlights: Net sales for the current year stood at Rs 13,094 crore, grew by 8% (excluding Pidilite USA and Pulvitec Brazil) over last year. EBITDA before non-operating income for the current year stood at Rs 3,013 crore, grew by 11% over last year. Profit before Tax and Exceptional Items (PBT) for the current year stood at Rs 2,848 crore, grew by 16% over last year. Profit after Tax (PAT) for the current year at Rs 2,096 crore, grew by 20% over last year. Standalone Q4FY25 Financial Highlights: Net sales at Rs 2,839 crore grew by 10% over the same quarter last year. EBITDA before non-operating income at Rs 584 crore grew by 11% over the same quarter last year. Profit before Tax and Exceptional Items (PBT) at Rs 606 crore grew by 31% over the same quarter last year. Profit after Tax (PAT) at Rs 446 crore grew by 26% over the same quarter last year. It may be noted that last year, there was an exceptional gain of Rs 7 crore on account of share buyback of USA subsidiary and divestment of Brazil subsidiary. In the current year, there is an exceptional loss of Rs 20 crore, mainly on account of impairment of loan to an associate entity. Standalone FY25 Financial Highlights: Net sales for the current year stood at Rs 12,023 crore, grew by 8% over last year. EBITDA before non-operating income for the current year stood at Rs 2,835 crore, grew by 11% over last year. Profit before Tax and Exceptional Items (PBT) for the current year stood at Rs 2,786 crore, grew by 16% over last year. Profit after Tax (PAT) for the current year at Rs 2,074 crore, grew by 15% over last year. Commenting on the results, Sudhanshu Vats, Managing Director, Pidilite Industries said: “Despite the challenging macro-economic environment and demand conditions, we have delivered strong Underlying Volume Growth with healthy margins. As we look ahead, we continue to remain cautiously optimistic given the domestic operating environment and improving demand conditions, especially in the construction sector, backed by anticipated good monsoon and increase in Government spends. We remain watchful of the impact of uncertain global economic and geo-political conditions. We remain committed to our strategic agenda of delivering consistent, profitable volume led growth through investment in our brands, supply chain and people.” Result PDF