Industrial Machinery company GMM Pfaudler announced H1FY25 & Q2FY25 results Revenue Rs 805 crore up 3% compared to Q1FY25. EBITDA Rs 93 crore up by 6% compared to Q1FY25. EBITDA margin stable at 11.6%. Q2FY25 Order Intake steady at Rs 762 crore, H1FY25 Order Intake at rs 1,644 crore up 18% compared to H1FY24. Order Backlog stands at Rs 1,773 crore, up 4% compared to H1FY24. Opportunity pipeline remains stable across geographies, product mix continues to evolve Tarak Patel, Managing Director, said: "We are pleased to report a stable performance this quarter despite a general slowdown in investments within the chemical and pharmaceutical sectors. As a result of our diversification strategy, which involves adding new products to our portfolio and developing new industry segments, we have seen an improvement in order intake which has helped us maintain our backlog.” "While the outlook remains muted for this financial year, we continue to focus our efforts on strengthening our market share, reducing costs and improving efficiencies." Result PDF
Conference Call with GMM Pfaudler Management and Analysts on Q1FY25 Performance and Outlook. Listen to the full earnings transcript.
Industrial Machinery company GMM Pfaudler announced Q1FY25 results: Revenue: Rs 785 crore. EBITDA: Rs 89 crore, with an EBITDA margin of 11.3%. Profit After Tax (PAT): Rs 24 crore, with a PAT margin of 3.0%. Earnings Per Share (EPS): Rs 5.6. Order Intake: Rs 882 crore. Order Backlog: Rs 1,777 crore. Commenting on the Company’s Q1FY25 results, Tarak Patel, Managing Director said, "We are happy to announce a good start to the financial year. Order intake has seen a strong recovery over the last 2 quarters, with this quarter having the highest order intake over the last 8 quarters, our product mix continues to evolve in line with our diversification strategy. Our backlog is up 5%, and the opportunity pipeline remains stable." He further added, " This year, we are set to launch our three-year strategic plan, which will highlight growth opportunities across our platforms and regions. The plan puts emphasis on operational excellence, value sourcing, and deeper integration across geographies." Result PDF
Industrial Machinery company GMM Pfaudler announced Q4FY24 & FY24 results: FY24 Revenue and EBITDA grew 8% and 11%, respectively, with EBITDA margin at 13.8% Q4FY24 Order Intake of Rs 861 crore, up 14% QoQ Order Backlog stands at Rs 1,689 crore Ratings outlook upgrade by CRISIL to ‘Positive’. Credit Ratings is now at AA-/A1+/Positive Appointment of Ms. Shilpa Nirula as an Independent Director effective May 22, 2024. With this appointment, 70% of the Board shall comprise of Independent Directors. The Board recommended a final dividend of Rs 1 per equity share, subject to requisite approvals. Total dividend for FY24 (including interim dividend) would be Rs 2 per equity share Commenting on the Company’s results, Tarak Patel, Managing Director said, “We are happy to report a strong finish to the financial year, where we were able to grow both revenue and profitability by 8% and 11%, respectively. He further added, “Our business diversification strategy has helped mitigate the slowdown in the chemical sector and allowed us to focus on non-traditional industry segments. Our ongoing cost control and operational excellence measures has helped us maintain margins and positions us well for future.” Result PDF
Industrial Machinery company GMM Pfaudler announced Q3FY24 & 9MFY24 results: Q3FY24: Recorded a strong revenue of Rs 856 crore during Q3FY24. EBITDA amounted to Rs 114 crore, with an EBITDA Margin of 13.3%, reflecting operational efficiency. Achieved a Profit After Tax (PAT) of Rs 31 crore, with a PAT Margin of 3.6%. Earnings Per Share (EPS) stood at Rs 7.1, indicating earnings generated per outstanding share. Reported a substantial Order Intake of Rs 756 crore during the quarter, signifying a healthy demand for the company's offerings. Order Backlog as of Q3FY24 reached Rs 1,625 crore, reflecting a pipeline of contracted work to be executed in future periods. 9MFY24: Total revenue of Rs 2,706 crore during 9MFY24. EBITDA of Rs 388 crore, with an EBITDA Margin of 14.3%, indicating operational efficiency. Profit After Tax (PAT) of Rs 155 crore, with a PAT Margin of 5.7%. Earnings Per Share (EPS) for the 9 months stood at Rs 35.1, reflecting earnings per outstanding share. Registered a significant Order Intake of Rs 2,152 crore during the 9 months, indicating a strong demand for the company's products or services. Order Backlog as of 9MFY24 amounted to Rs 1,625 crore, representing contracted work to be executed in subsequent periods. Commenting on the Company’s Q3FY24 results, Tarak Patel, Managing Director said, “We are happy to report a strong performance this quarter. The business environment continues to remain challenging, driven primarily by a weakness in the chemical sector. Our product diversification strategy and subsequent entry into adjacent industries have resulted in improved order intake this quarter. With the current opportunity pipeline and the expected closing of several large deals in the coming months, we expect the order intake trend to continue to improve.” He added, “We continue to focus on reducing costs and improving efficiencies.” Result PDF
Industrial Machinery company GMM Pfaudler announced Q1FY24 results: Revenue growth of 23% YoY on the back of strong execution EBITDA margins at 14.5%, 125 bps higher YoY Order Backlog stands at Rs 2,013 crore, down 7% QoQ Order Intake of Rs 770 crore, down 3% QoQ Commenting on the Company’s Q1FY24 results, Tarak Patel, Managing Director said, “We are happy to announce a strong start to the year and remain on track to meet our FY25 guidance. Order intake remains subdued due to general weakness in the chemical sector; however, our opportunity pipeline remains strong across all business platforms and geographies; and we expect that some of the customer decision-making which has been delayed will come through in the next quarter. Our order backlog remains stable translating to about eight months of visibility in the international business and about six months in the India business.” He further added, “Our business today is more resilient than ever before, and we remain committed to our vision of building a world-class institution.” Result PDF