Conference Call with Tata Chemicals Management and Analysts on Q4FY25 & Full Year Performance and Outlook. Listen to the full earnings transcript.
Commodity Chemicals company Tata Chemicals announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Revenue from operations at Rs 3,509 crore, up by 1% compared to Q4FY24, pricing pressure continued in all geographies. EBITDA at Rs 327 crore in Q4FY25 as compared to Rs 443 crore in Q4FY24, mainly on account of lower pricing. Profit After Tax (before exceptional items and NCI) from continuing operations at Rs (12) crore compared to Rs 145 crore for Q4FY24. Soda Ash unit in Lostock, UK ceased it’s operations from early February 2025, resulted in additional exceptional charge of Rs 55 crore. Gross debt as on March 31, 2025, stood at Rs 7,072 crore (including lease of Rs 768 crore) up by Rs 1,509 crore on account of higher working capital loan in India, US & UK. FY25 Financial Highlights: Revenue at Rs 14,887 crore as compared to Rs 15,421 crore in FY24, higher volumes partially offsetting lower pricing. EBITDA at Rs 1,953 crore as compared to Rs 2,847 crore in FY24 on account lower margins. PAT (before exceptional items and NCI) from continuing operations at Rs 479 crore. Exceptional charge of Rs 125 crore consisting of estimated expenses related to employee termination benefits, decommissioning of plant and machinery, and other closure-related incidental expenses, in relation to cessation of Soda ash production at the Lostock plant in Northwich, UK. 230kT Soda Ash and 140kT Bicarb facility commissioned in India and 70kT Pharma Grade Salt capacity commissioned in UK. R. Mukundan, Managing Director & CEO, Tata Chemicals, said: “Market conditions remain challenging even as India continues to grow while China, US and Western Europe are witnessing slight declines due to reduced demand for flat and container glass. In other regions, Asia (excluding China and India) and Americas (excluding USA) demand is robust, while slight decline is observed in demand of Africa. Though demand - supply balance softens, tariff uncertainties will continue to weigh on market, medium- and long-term outlook remains positive driven by sustainability trends. The company’s overall performance is lower compared to Q4FY24, mainly due to pricing pressure in all geographies. During the FY25, Company commissioned 230kT Soda Ash and 140kT Bicarb capacity in Mithapur, India. In a move to focus UK operations to high-grade value-added products 70kT pharma grade salt capacity was commissioned in Middlewich, UK. Our endeavor is to Excel in operations through innovation, digitization and customer delight. We continue our journey to Embed sustainability guided by Project Aalingana. Our focus to Expand the core while being calibrated will also include broadening the portfolio.” Result PDF
Fertilizers company Paradeep Phosphates announced Q4FY25 & FY25 results Q4FY25 Financial Highlights: Revenue from operations stood at Rs 3,494 crore, up 56% YoY. EBITDA grew 119% YoY to Rs 389 crore. PBT surged 750% YoY to Rs 223 crore. PAT increased 644% YoY to Rs 160 crore. FY25 Financial Highlights: PAT surged 452% YoY on the back of record fertilizer sales. Revenue from operations rose 19% YoY to Rs 13,820 crore. EBITDA grew 91% YoY to Rs 1,367 crore. PBT increased 434% YoY to Rs 753 crore. Free cash flow (post working capital and capex) is 74% of EBIDTA. Net-debt to equity improved to 0.78, a 28% reduction YoY. Dividend of Rs 1 per equity share on the face value of Rs 10 declared Commenting on the performance, Suresh Krishnan, Managing Director & CEO of Paradeep Phosphates, said “We have achieved record sales volumes of over 3 million tonnes, underpinned by strategic sourcing, a diversified NPK production mix, focused sales and marketing efforts, and strong fiscal and operational discipline. Both our debt levels and net debt per tonne of sales have decreased meaningfully. We ended the year with 74% of EBITDA converting into free cash flow. Over the past four years, our growth in volumes and key financial metrics has been standout within the industry. Our commitment to ESG has also earned global recognition, with S&P; placing us in the top 98th percentile in the chemicals sector. ESG will continue to be a core pillar of our growth agenda. With a favorable monsoon outlook and continued government support, we remain focused on driving operational excellence and deploying free cash flows prudently to support strategic growth including backward integration.” Result PDF
Conference Call with Archean Chemical Industries Management and Analysts on Q4FY25 & Full Year Performance and Outlook. Listen to the full earnings transcript.