Medical Equipment company Tarsons Products announced Q1FY26 results Revenue: Rs 91.4 crore compared to Rs 84.8 crore during Q1FY25, change 8%. EBITDA: Rs 24.7 crore compared to Rs 18.8 crore during Q1FY25, change 32%. EBITDA Margin: 27.0% for Q1FY26. PAT: Rs 1.8 crore compared to Rs 4.0 crore during Q1FY25, change -56%. PAT Margin: 2.0% for Q1FY26. Aryan Sehgal, Promoter & Whole Time Director of Tarsons, said: We are pleased to report a YoY revenue growth of 10% and an EBITDA growth of 31% on a standalone basis. Domestic revenues in Q1FY26 saw a healthy uptick of approximately 12%, reflecting early signs of recovery in the life sciences industry and our ability to capture increased market share. While these signs of revival remain somewhat volatile, the current order pipeline and ongoing customer inquiries give us confidence in sustaining growth through FY26 and beyond. Profit After Tax for the current period was impacted due to accelerated depreciation following the capitalisation of our new facility. However, as revenue contribution from this plant ramps up, we expect to benefit from strong operating leverage, leading to improved overall EBITDA and PAT in the coming periods. Our Cash PAT in the interim grew by 38% on a standalone basis & by 44% on consolidated levels. With the addition of new product categories enabled by the commissioning of our new facility at Panchla, we will be positioned to address a broader market, supporting our growth ambitions and helping us outperform industry trends. Backed by the strong brand equity of Tarsons and our extensive pan-India distribution network, we are optimistic about achieving similar market share in these new categories as we currently command for our existing product portfolio. We remain committed to the industry's long-term growth prospects and have continued to invest through the down cycle to strengthen our capacities and capabilities, positioning ourselves for sustainable growth over the next 3–5 years. Backed by the strong brand equity of Tarsons and our consistent track record of delivering high-quality products, we are confident in our ability to capture greater market share in our existing product lines while accelerating the adoption of our newly introduced offerings.” Result PDF
Conference Call with Tarsons Products Management and Analysts on Q4FY25 & Full Year Performance and Outlook. Listen to the full earnings transcript.
Conference Call with Tarsons Products Management and Analysts on Q3FY24 Performance and Outlook. Listen to the full earnings transcript.
Conference Call with Tarsons Products Management and Analysts on Q1FY24 Performance and Outlook. Listen to the full earnings transcript.
Plastic products firm Tarsons Products announced Q3FY23 results: Q3FY23 & 9MFY23: Revenues for Q3FY23 & 9MFY23 were lower by 13% & 7% respectively, dip in revenues was on account of: Temporary slowdown in the life science industry, since the industry is yet recovering from the after-effects of the covid pandemic. Loss in revenues related to covid pandemic as compared to the previous financial year, however, our conventional business revenues have shown resilience & are expected to pick up. EBITDA margins for the Q3FY23 stood at 43.5% & for 9MFY23 stood at 45%,dip in the margins were on account of: Lower absorption of fixed cost on account of decline in revenues Higher spends on sales promotion, marketing & travelling expenses to fuel future growth in domestic & export markets. Update on our upcoming Capex (New manufacturing capacities at Panchla, West Bengal): Capex plan is as per the schedule and we do not see any major deviation from our timelines. We remain optimistic about the industry growth prospects, with the addition of new product categories & capacity expansion we envisage reaching greater heights. Manufacturing at the new facilities will begin in phases starting from Q2FY24. Commenting on the Q3 FY23 performance of the company Mr. Rohan Sehgal, Whole Time Director for Tarsons, said: “Our revenues for Q3FY23 were lower by 13% on a YoY basis, this decline was majorly attributable to external macro-economic factors & overall slow down in the life science industry. Impact on revenues was also on account of high base of covid related revenues in FY22, which was replaced by our conventional business to a significant extent in the current financial year. Due to political uncertainty and growing recessionary trends, our export revenues declined by 17% during the quarter and remained flat for 9MFY23. These are difficult times for not only our industry, but for the entire world, and we are standing firm and attempting to sail through these challenging times. Our capacity expansion is proceeding smoothly, and commissioning is scheduled for Q2FY24. These capabilities would propel the company's next phase of expansion, which would include the addition of high-value products, which would further strengthen the "Tarsons" brand. We believe that these market conditions are temporary in nature and in the long term we see the plastic labware market continue to grow both domestically and internationally and so will Tarsons.” Result PDF