Conference Call with Timken India Management and Analysts on Q4FY25 & Full Year Performance and Outlook. Listen to the full earnings transcript.
Warehousing & Logistics company Gateway Distriparks announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Total Income stood at Rs 534.94 crore for Q4FY25 compared to Rs 374.97 crore for Q4FY24 EBITDA stood at Rs 125.22 crore for Q4FY25 compared to Rs 90.30 crore for Q4FY24 PAT stood at Rs -190 crore for Q4FY25 compared to Rs 56.49 crore for Q4FY24 CFS revenue includes adjustment of reduction of Rs 46.28 crore on account of change in accounting method for YTD FY25 and Rs 14.24 crore for Q4FY25. Financials include Total Revenue of Rs 145.65 crore, EBIDTA of Rs 25.62 crore, PBT of Rs 2.94 crore and PAT of Rs 3.57 crore due to consolidation of accounts after Snowman Logistics went from being an Associate Company to a Subsidiary from December, 24 2024. PBT includes Rs 12.84 crore towards stamp duty liability on account of amalgamation. FY25 Financial Highlights: Total Income stood at Rs 1,680.56 for FY25 compared to Rs 1,536.13 for FY24 EBITDA stood at Rs 416.95 crore for FY25 compared to Rs 396.68 crore for FY24 PAT stood at Rs 373.76 crore for FY25 compared to Rs 258.27 crore for FY24 PBT and PAT includes exceptional income of Rs 131.98 crore For YTD FY25 and Rs (258.79) crore for Q4FY25 due to fair valuation of equity on consolidation of Snowman Logistics Limited, which became subsidiary from December 24, 2024. Prem Kishan Dass Gupta, Chairman & Managing Director, said, “Despite the Red Sea impact, especially in Q1, volumes and margins have recovered and remained steady in Q2 and Q3 for the Company. There is a healthy pipeline as the focus remains on increasing our market share, especially in the Rail Vertical. We are hopeful that the Red Sea crisis will come to an end soon and if shipping lines start using this route again there will be a significant boost to EXIM volumes for India. We continue to explore opportunities for developing new rail terminals to further expand our network. In December, GDL also met its target of crossing 50% shareholding in Snowman Logistics and is now a subsidiary.” Result PDF
Conference Call with Minda Corporation Management and Analysts on Q4FY25 & Full Year Performance and Outlook. Listen to the full earnings transcript.
Furniture-Furnishing company Stanley Lifestyles announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Revenue from Operations declined by 5.4% to Rs 1,128 million. EBITDA fell by 16.2% to Rs 227 million. EBITDA Margin decreased from 22.7% to 20.1%. Profit Before Tax (PBT) dropped 23.9% to Rs 108 million. PBT margin declined from 11.9% to 9.6% PAT (Ind AS) increased by 4.9% to Rs 108 million. PAT (IGAAP) declined 11.3% to Rs 117 million. FY25 Financial Highlights: Revenue from Operations fell slightly by 1.5% to Rs 4,262 million. EBITDA decreased 3.7% to Rs 818 million. EBITDA Margin slightly reduced from 19.6% to 19.2%. PBT dropped by 6.9% to Rs 364 million. PBT Margin declined from 9.0% to 8.5%. PAT (Ind AS) remained almost flat at Rs 292 million, up 0.2%. PAT (IGAAP) remained unchanged at Rs 345 million. Commenting on the performance Sunil Suresh, Managing Director said: “The financial year gone by was an important milestone for the Company, marked by the successful completion of our Initial Public Offering in June 2024. The listing has strengthened our financial base, enabling us to drive our strategic priorities across the premium and luxury home interiors market. For FY25, Stanley Lifestyles reported Revenue from Operations of Rs 4,262 million. The COCO retail business, which continues to be the key driver, grew by 12.7% QoQ and 13.5% YoY for FY25-Q4, the full year the growth stand at 8.5%, supported by consistent demand for premium and luxury furniture in key urban centres. Among our brand portfolio, Stanley Level Next led the performance with 15.5% YoY growth, while Stanley Boutique degrow by 9.2% YoY and Sofas & More grew by 11.8% YoY. We have witnessed some rebound in the footfall traction in Q3 and Q4. Our distribution business vertical saw short-term disruption due to a realignment in credit policies from credit to cash & carry model impacting volumes. This vertical is now stabilizing, and we expect growth momentum to return by Q3 FY26 as channel partners adjust to the revised terms. Meanwhile, the B2B segment remained flat throughout the year. Although there is an encouraging volume of enquiries, the conversion cycle is elongated, and we anticipate similar trends in FY26. This business will continue to be nurtured with a focus on project-driven execution timelines. On the profitability front, the localisation efforts and manufacturing efficiencies through in-house manufacturing has been progressing well, leading to an improvement of 237-bps in gross margins. The gross margin expanded to 56.3% in FY25 compared to 53.9% in FY24. As of FY25, we have 68 stores across India, comprising 44 COCO stores and 24 FOFO stores. COCO stores contributed 61% of total revenue, reinforcing our control over brand presentation, customer engagement and service quality. That said, our retail expansion during the year was measured. Despite the availability of IPO funds, the rollout plan was moderated due to a mismatch between expected rental terms and shortage of Grade A retail locations. Several high-traffic zones saw rental expectations that did not align with our business model, leading to delayed store launches. On the demand front, while structural indicators remain favorable, footfall remained less than expectations, primarily owing to lowerthan-expected residential handovers. We view this as a temporary lag rather than a demand deficit. The premium and luxury residential real estate sector is experiencing strong sales traction, and we continue to monitor housing handover schedules closely. Looking ahead, we are on track to opening 5 stores (3 COCO & 2 FOFO) in Q1 FY26, with a full-year target of 15 new stores with 3 stores planned relocation. Our focus remains on expanding in high-opportunity real estate clusters, improving inventory efficiencies at the store level and enhancing customer engagement through curated offerings. Additionally, the entry of imported furniture which is a major competition is poised for disruption, with the government's emphasis on BIS certification coming into effect from March’26. With a strong presence of retail stores in major metros supported by well-established fully integrated manufacturing capacity, Stanley Lifestyles is well-placed to capitalise on emerging opportunities in India’s premium and luxury furniture landscape.” Result PDF
Iron & Steel Products company JTL Industries announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Revenue from Operations stood at Rs 4,695 million. EBITDA at Rs 178 million. PAT at Rs 168 million. FY25 Financial Highlights: Revenue from Operations reached Rs 19,163 million. EBITDA at Rs 1,230 million. PAT at Rs 988 million. Management Commentary: FY25 was a landmark year for JTL, marked by robust growth, strategic initiatives, and a focus on value creation. We achieved our highest-ever annual sales volume of 387,555 MT, including contributions from JTL Engineering (formerly Nabha Steels), reflecting a healthy 13% YoY growth over 341,846 MT in FY24. Excluding JTL Engineering, standalone volumes stood at 345,689 MT. Exports witnessed a significant surge, reaching 32,258 MT, contributing 9% of total sales—a notable increase from 17,792 MT (5%) in FY24. The share of value-added products for the year stood at 26%, underscoring our focus on quality-driven differentiation. Despite a challenging pricing environment, total income for FY25 stood at Rs 19,388 million, compared to Rs 20,489 million in FY24—a 5.4% YoY decline, reflecting disciplined operations and strategic product mix optimization. In Q4FY25, we continued to build on our momentum with sales volumes of 90,473 MT, supported by increased contributions from value-added segments, which comprised 34% of quarterly volumes. Exports for the quarter stood at 8%, up meaningfully YoY. Total income rose to Rs 4,783 million, up 5.5% QoQ and 1.8% YoY, indicating improving traction in both domestic and international markets. As we move forward, we remain confident in our strategy, driven by continued innovation, operational excellence, and a growing global footprint. Our focus remains on enhancing product value, expanding capacity, and driving sustainable, long-term growth. JTL Industries completed 2,50,000 MTPA installation of DFT at Mangaon plant in Maharashtra. It will aid in expanding product offerings and will increase our VAP share. This is one of our most significant investments as this streamlines production, reduces waste, and expands the range of high-value products with greater precision. DFT positions JTL as a market leader, enhancing its ability to meet diverse customer needs. This is expected open up newer opportunities in the export market and allow the Company to penetrate into the newer markets of structural applications and multi-storied buildings. In our quest to enter new sectors JTL has entered in an MOU for production of copper and brass alloys on a job-work basis. . This not only gives us entry in the copper segment but also boosts our value added basket. We also entered into manufacturing brass foils through job work model, this is a specialised product and a key raw material for high precision products used in defence and industrial settings. This product gives us entry in a high margin niche segment and will push our agenda of increasing VAP share to 50% from 34% currently JTL’s key to success lies in delivering high-quality, value-added products that meet the most stringent government standards. Result PDF
Food & Beverages company EID Parry (India) announced Q4FY25 & FY25 results Consolidated Q4FY25 Financial Highlights: The consolidated revenue from operations for the quarter ended 31st March 2025, was Rs 6,811 crore registering an increase of 23% in comparison to the corresponding quarter of the previous year of Rs5,557 crore. Earnings before interest, tax, depreciation and amortisation (EBITDA) (excluding exceptional items of Rs 347 crore) for the quarter ended 31st March 2025 was Rs 626 crore registering an increase of 8 % in comparison to the corresponding quarter of the previous year of Rs 581 crore. The consolidated profit after tax and non-controlling interest was Rs 287 crore as against Rs220 crore in the corresponding quarter of the previous year. Consolidated FY25 Financial Highlights: The consolidated revenue from operations for the year ended 31st March 2025 was Rs 31,609 crore as against Rs 29,413 crore in the previous year. Earnings before interest, tax, depreciation and amortisation (EBITDA) (excluding exceptional items of Rs 347 crore), for the year ended 31st March 2025 was Rs 2,992 crore as against Rs 2,891 crore in the previous year. Consolidated profit after tax and non-controlling interest was Rs 878 crore as compared to Rs 900 crore in the previous year. Standalone Q4FY25 Financial Highlights: The standalone revenue from operations for the quarter ended 31st March 2025 was Rs 814 crore in comparison to the corresponding quarter of previous year of Rs 717 crore. Earnings before interest, tax, depreciation and amortisation (EBITDA) for the quarter ended 31st March 2025 was of Rs225 crore (excluding exceptional item of Rs 350 crore) in comparison to the corresponding quarter of the previous year of Rs 166 crore. The standalone loss after tax for the quarter was Rs 232 crore (which includes a provision for impairment of investment in a subsidiary amounting to Rs 350 crore), as compared to a profit of Rs 80 crore in the corresponding quarter of the previous year. Standalone FY25 Financial Highlights: The standalone revenue from operations for the year ended ended 31st March 2025 was Rs 3,168 crore as against Rs 2,809 crore in the previous year. Earnings before interest, tax, depreciation and amortisation (EBITDA) for the year ended 31st March 2025 stood at Rs 251 crore (before exceptional item of Rs 427 crore) as compared to Rs 306 crore in the previous year. Standalone loss after tax for the year ended was Rs 428 crore (includes Rs 427 crore provision for impairment of investment in subsidiary) as compared to a profit of Rs 107 crore in the previous year. Muthiah Murugappan, Whole-time Director and Chief Executive Officer commented on the standalone results : Sugar: The revenues of the sugar segment for the current year were at Rs 1,571 crore as against Rs 1,809 crore in the previous year, registering a de-growth of 13% due to lower crushing which led to lower sugar production and consequently, a lower release quota. The sugar segment registered a loss of Rs 86 crore as compared to a profit of Rs 68 crore for the previous year on account of lower cane volume (38 LMT YTD Mar 25 Vs 50 LMT in YTD Mar 24), lower recoveries and higher cane cost. The sugar realizations increase were not in proportion to the increase in costs. Distillery: The revenues of the distillery segment for the current year were at Rs 1,102 crore as against Rs 799 crore in the previous year, registering a growth of 38%, benefitting from enhanced capacity utilisation after completion of distillery expansion projects. Although revenues witnessed an increase, the profitability remains under pressure due to higher input costs. Consumer Products Group (CPG): The Consumer Products Group (CPG) delivered revenues of Rs 884 crore for the current year, registering a growth of 65% over the previous year (Rs 535 crore) aided by an expanded product portfolio with the launch of Branded Staples. The Branded Sweetener category within the CPG delivered a steady performance, registering a growth of 11% over the previous year. Nutraceuticals: The revenues of the nutraceuticals segment for the current year were at Rs 37 crore as against Rs 31 crore in the previous year, registering an increase of 18%. The loss under this segment stood at Rs 1 crore compared to the previous year’s loss of Rs 10 crore on account of optimization of overheads and the commencement of exports to Europe consequent to receipt of the European certification. Result PDF