Chemplast Sanmar Ltd's Q3FY25 Quarterly Results

Result Summary

• Chemplast Sanmar Ltd reported a 6.5% 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 18.6%.
• Its expenses for the quarter were up by 5.8% QoQ and 15.5% YoY.
• The net profit increased 56.1% QoQ and decreased 45.4% YoY.
• The earnings per share (EPS) of Chemplast Sanmar Ltd declined at 3.1 during Q3FY25.

Financial Statments for Q3FY25

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

Company Overview

Chemplast Sanmar Ltd is a prominent player in the chemical industry, primarily engaged in the production of specialty chemicals. The company is known for its extensive portfolio of products, including PVC resins, specialty paste PVC, and custom manufacturing of starting materials and intermediates for pharmaceuticals, agrochemicals, and fine chemicals. Chemplast Sanmar has a strong presence in both domestic and international markets, leveraging its technological expertise and robust manufacturing capabilities. While the data does not provide specific recent developments, the company is typically focused on expanding its market reach and enhancing its product offerings to cater to the evolving needs of its customers.

Revenue

In the third quarter of the fiscal year 2025 (Q3FY25), Chemplast Sanmar Ltd reported a total income of ₹1068.36 crores, reflecting a quarter-over-quarter (QoQ) increase of 6.5% from ₹1003.60 crores in Q2FY25. Year-over-year (YoY), the total income showed a significant growth of 18.6% from ₹900.75 crores in Q3FY24. The upward trend in revenue indicates a strong performance in terms of sales and other income-generating activities. This consistent growth in total income suggests that the company has been successful in enhancing its revenue streams over the past year.

Profitability

The financial performance of Chemplast Sanmar Ltd in terms of profitability shows a mixed picture. The company recorded a loss in Profit Before Tax (PBT) of ₹-62.97 crores in Q3FY25, which is a slight improvement from the loss of ₹-65.46 crores in Q2FY25, marking a 3.8% QoQ increase. Compared to Q3FY24, where the loss was ₹-78.34 crores, there is a YoY improvement of 19.6%. The tax expense for Q3FY25 was negative at ₹-14.15 crores, down from ₹-34.18 crores in Q2FY25, a 58.6% decrease. Notably, the Profit After Tax (PAT) was ₹-48.82 crores in Q3FY25, representing a larger loss compared to ₹-31.28 crores in Q2FY25 but a significant reduction in loss from ₹-89.38 crores in Q3FY24, reflecting a 45.4% YoY improvement. Earnings Per Share (EPS) also showed a similar pattern, with a value of ₹-3.10 in Q3FY25 compared to ₹-1.90 in Q2FY25 and ₹-5.70 in Q3FY24.

Operating Metrics

Examining the operating metrics, Chemplast Sanmar Ltd's total expenses in Q3FY25 amounted to ₹1131.33 crores, marking a 5.8% QoQ increase from ₹1069.06 crores in Q2FY25 and a 15.5% YoY increase from ₹979.09 crores in Q3FY24. The increase in expenses is consistent with the rise in total income, suggesting ongoing operational activities to support revenue generation. The company's ability to manage its expenses relative to its income is critical for improving its operating margin, which remains under pressure due to the prevailing losses. The financial data suggests a focus on cost management and operational efficiencies to mitigate the impact of rising expenses on profitability.