Diamines & Chemicals Ltd's Q3FY25 Quarterly Results

Result Summary

• Diamines & Chemicals Ltd reported a 8.6% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a decline of 22.6%.
• Its expenses for the quarter were up by 3.1% QoQ and down 12.0% YoY.
• The net profit decreased 69.5% QoQ and decreased 73.2% YoY.
• The earnings per share (EPS) of Diamines & Chemicals Ltd stood at 0.8 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

Diamines & Chemicals Ltd is a prominent player in the chemical manufacturing industry, specializing in the production of ethyleneamines and other related products. These chemicals are integral in various industrial applications, including agriculture, pharmaceuticals, and the manufacture of detergents and personal care products. The company has established itself as a key supplier in both domestic and international markets, leveraging its technological capabilities and production efficiency. While the company's historical performance has been robust, the chemical industry is characterized by volatility in raw material prices and regulatory challenges, which can impact operational dynamics.

Revenue

For the third quarter of the fiscal year 2025, Diamines & Chemicals Ltd reported a total income of ₹18.28 crores. When compared to the previous quarter, Q2FY25, which recorded ₹20.00 crores, there is a noticeable quarter-over-quarter decline of 8.6%. Additionally, on a year-over-year basis, comparing Q3FY25 to Q3FY24, where the total income was ₹23.61 crores, there is a significant decrease of 22.6%. These figures suggest shifts in the company's revenue streams over the quarters and years, affected by factors that could include market demand, pricing strategies, and external economic conditions.

Profitability

The profitability metrics for Diamines & Chemicals Ltd show that the Profit Before Tax (PBT) for Q3FY25 stood at ₹1.24 crores, down significantly from ₹3.48 crores in Q2FY25, marking a quarter-over-quarter decline of 64.4%. Year-over-year, the PBT decreased by 70.8% from ₹4.24 crores in Q3FY24. Tax expenses for the current quarter were ₹0.43 crores, also reflecting a decrease from both the previous quarter and the same quarter last year by 54.7% and 66.7%, respectively. The company’s Profit After Tax (PAT) was ₹0.75 crores for Q3FY25, compared to ₹2.46 crores in the previous quarter and ₹2.80 crores in the same quarter last year, indicating declines of 69.5% and 73.2% quarter-over-quarter and year-over-year, respectively. The Earnings Per Share (EPS) also saw a reduction, from ₹2.60 in Q2FY25 and ₹3.00 in Q3FY24, to ₹0.80 in Q3FY25, reflecting similar percentage decreases as the PAT.

Operating Metrics

The total expenses for Diamines & Chemicals Ltd in Q3FY25 were ₹17.05 crores, which is an increase of 3.1% from the previous quarter's expenses of ₹16.53 crores. However, when compared to the expenses of ₹19.38 crores in Q3FY24, there is a 12.0% decrease year-over-year. These figures indicate variations in the company's operational cost management over different periods. The reduction in total income, coupled with fluctuating expenses, has had a direct impact on the company's profitability metrics such as PBT and PAT, as detailed in the previous section. Analyzing these metrics gives a clearer picture of the company's operating efficiency and cost control measures during the reported periods.