Agarwal Industrial Corporation Ltd's Q3FY25 Quarterly Results

Result Summary

• Agarwal Industrial Corporation Ltd reported a 66.3% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 11.3%.
• Its expenses for the quarter were up by 66.2% QoQ and 12.1% YoY.
• The net profit increased 50.2% QoQ and increased 0.3% YoY.
• The earnings per share (EPS) of Agarwal Industrial Corporation Ltd stood at 18.5 during Q3FY25.

Financial Statments for Q3FY25

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Agarwal Industrial Corporation Ltd operates in the industrial sector, primarily focusing on the production and distribution of bitumen and its derivatives. These products are crucial for road construction and other infrastructure-related activities. The company is known for its wide range of offerings in the bitumen segment, including bitumen in drums and bulk, modified bitumen, and other specialty chemicals. As of the latest update, there are no specific recent major developments or acquisitions mentioned. The company continues to focus on expanding its market presence and enhancing its production capabilities to meet the growing demands in the infrastructure sector.

Revenue

In the third quarter of fiscal year 2025, Agarwal Industrial Corporation Ltd reported a total income of ₹544.59 crores. This represented a substantial increase of 66.3% from the previous quarter's income of ₹327.50 crores. When compared to the same quarter in the previous fiscal year, where the company recorded a total income of ₹489.09 crores, there was an increase of 11.3%. This growth in revenue reflects an upward trend in the company's capacity to generate income within its industry. The increase in revenue over both the quarter-over-quarter (QoQ) and year-over-year (YoY) periods suggests effective operational strategies and possibly an increase in market demand for the company’s products.

Profitability

The profitability of Agarwal Industrial Corporation Ltd saw notable changes in the third quarter of fiscal year 2025. The profit before tax was recorded at ₹33.88 crores, which marks a 67.9% increase from ₹20.18 crores in the previous quarter. Compared to the same quarter last year, where the profit before tax was ₹33.37 crores, there was a slight increase of 1.5%. The tax expense for the quarter was ₹6.18 crores, significantly higher than the ₹1.73 crores from the previous quarter, reflecting an increase of 257.2%. Year-over-year, the tax expense increased by 7.5% from ₹5.75 crores. The profit after tax stood at ₹27.70 crores, which is a 50.2% increase from the previous quarter's ₹18.44 crores and a marginal increase of 0.3% compared to ₹27.63 crores in the same quarter last year. Earnings per share remained consistent year-over-year at ₹18.50, although it increased by 50.4% from the previous quarter’s ₹12.30.

Operating Metrics

The operating metrics of Agarwal Industrial Corporation Ltd for Q3FY25 show a total expense of ₹510.70 crores, representing a 66.2% increase from the previous quarter's ₹307.32 crores. Compared to Q3FY24, where the total expenses were ₹455.72 crores, there was an increase of 12.1%. These figures indicate a parallel increase in expenses in line with the rise in revenue over the periods considered. The consistency in the ratio of income to expenses suggests that the company's cost structure is in alignment with its revenue growth. The company's ability to maintain its earnings per share at ₹18.50 year-over-year, despite fluctuations in tax expenses and profit margins, reflects a stable operational efficiency.