Conference Call with Meghmani Organics Management and Analysts on Q4FY25 & Full Year Performance and Outlook. Listen to the full earnings transcript.
Agrochemicals company UPL announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Revenue increased to Rs 155.7 billion, compared to Rs 140.8 billion in Q4FY24, led by 11% volume growth and robust performance across all businesses EBITDA grew 68% to Rs 32.4 billion; EBITDA Margin improved by 710 bps to 20.8% Net Profit at Rs 9.0 billion, up from Rs 0.4 billion in Q4FY24 FY25 Financial Highlights: Revenue grew by 8% to Rs 466.4 billion, led by volume growth in crop protection, seeds and specialty chemical markets EBITDA increased by 47% to Rs 81.2 billion; EBITDA Margin improved 460 bps to 17.4% Net Profit at Rs 9.0 billion vs. a loss of Rs 12.0 billion in FY24 Reduced Net Debt by Rs 83.2 billion to Rs 138.6 billion, driven by strong operating free cash flow of Rs 44.5 billion and proceeds from two capital transactions. UPL announces dividend of Rs 6/- per equity share on equity shares of Rs 2/- each (on fully paidup equity shares and partly paid-up equity shares in proportion to their share in the paid-up equity share capital) Commenting on the Q4FY25 and full year performance, Jai Shroff, Chairman & Group CEO, UPL said: “Our performance this year reflects the strength of our resilient core and the strategic actions we have taken to build a future-ready enterprise. The significant improvement in profitability and operational efficiency, alongside consistent revenue growth, strong operating free cash flows and certain strategic fund-raising initiatives resulting in our net debt reduction by around $1 billion validates our commitment towards sustainable value creation. We enter FY26 with a sharper business model, stronger margins, and renewed momentum to capture emerging opportunities in our markets. Mike Frank, CEO UPL Corporation, said: “We are proud to deliver a strong finish to the year, marked by industry-leading volume growth and increased market penetration in key geographies. Our disciplined focus on SG&A; control has driven meaningful savings versus last year, while operational excellence led to a significant improvement of nearly 800 basis points in EBITDA margins. Strong free cash generation and tighter working capital management have further strengthened our balance sheet. These results reflect the relentless execution of our teams and the solid momentum we have built, positioning us well for sustained growth and value creation in the coming year." Result PDF
Agrochemicals company Meghmani Organics announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Revenue from Operations: Rs 502.1 crore vs Rs 399.8 crore during Q4FY24. EBITDA: Rs 64.6 crore vs Rs 10.1 crore during Q4FY24. EBITDA Margin: 12.9% vs 2.5% during Q4FY24. Net Profit: Rs 34.0 crore vs Rs -0.4 crore during Q4FY24. Net Profit Margin: 6.8% vs -0.1% during Q4FY24. FY25 Financial Highlights: Revenue from Operations: Rs 2,003.9 crore vs Rs 1,539.9 crore during FY24. EBITDA: Rs 180.4 crore vs Rs 9.5 crore during FY24. EBITDA Margin: 9.0% vs 0.6% during FY24. Net Profit: Rs 66.4 crore vs Rs -56.6 crore during FY24. Net Profit Margin: 3.3% vs -3.7% during FY24. Ankit Patel, Chairman & Managing Director, said: “From second quarter onwards, both the segments started witnessing healthy volume growth coupled with our strategic focus on enhancing our product mix. This approach has significantly improved our revenue and profitability for FY25. We reported 30% YoY growth in revenue, reaching INR 2,003.9 crore and achieved a remarkable turnaround in profitability, posting a profit after tax of INR 66.4 crore against a loss of INR 56.6 crore in the corresponding previous year. Our Crop Nutrition segment has reached self-sufficiency in FY25, marking a critical milestone in our journey. Nonetheless, we remain committed on conducting extensive field activities with farmers showcasing the efficacy of Meghmani Nano Urea on different crops. Additionally, we plan to expand our product portfolio by adding 2 to 3 new products in FY26, further strengthening our market position. In Titanium Dioxide (TiO2), we have established a good customer base and are currently catering to customers from ceramic, rubber, paint, plastic and textile. However, we are facing challenges in achieving optimal plant utilisation because of intense pricing pressure due to aggressive dumping by China. To address this, DGTR has recommended antidumping duty of $460-681 per MT on TiO2 imports from China which will provide much needed relief to domestic players, helping to stabilize the market and improve our capacity utilisation. Simultaneously, we are also targeting Export market for better realization as other countries have already imposed ADD on TiO2 from China.” Result PDF