Indian Metals & Ferro Alloys' Q1 FY 2025-26 Quarterly Results

Result Summary

• Indian Metals & Ferro Alloys Ltd reported a 6.7% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Jun (Q1 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 1.8%.
• Its expenses for the quarter were down by 12.3% QoQ and up 3.7% YoY.
• The net profit increased 45.6% QoQ and decreased 18.4% YoY.
• The earnings per share (EPS) of Indian Metals & Ferro Alloys Ltd stood at 17.1 during Q1 FY 2025-26.

Financial Statments for Q1 FY 2025-26

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

Company Overview

Indian Metals & Ferro Alloys Ltd (IMFA) is a prominent player in the metals and mining industry in India. The company is primarily engaged in the production and sale of ferro alloys, which are critical inputs for the steel manufacturing industry. Known for its integrated operations, IMFA encompasses mining, power generation, and ferro alloy manufacturing, ensuring a consistent and high-quality supply chain for its products. The company caters to both domestic and international markets, leveraging its competitive advantage in cost-efficient production. Recent developments in the sector, such as fluctuations in raw material prices and changes in export-import duties, could influence operations; however, specific recent developments for IMFA were not available at this time.

Revenue

In Q1FY26, Indian Metals & Ferro Alloys Ltd reported a total income of ₹663.53 crores. This represents a decline of 6.7% quarter-over-quarter (QoQ) from ₹711.51 crores in Q4FY25 and a decrease of 1.8% year-over-year (YoY) from ₹675.44 crores in Q1FY25. The revenue figures indicate a slight contraction in sales compared to both the previous quarter and the same quarter last year. It is important to note that revenue fluctuations can be attributed to multiple factors, including market demand, pricing strategies, and production volumes.

Profitability

The company recorded a Profit Before Tax (PBT) of ₹125.71 crores in Q1FY26, showing a significant increase of 28.4% from ₹97.94 crores in Q4FY25 but a decrease of 19.8% from ₹156.66 crores in Q1FY25. The Profit After Tax (PAT) for the quarter was ₹92.54 crores, marking a 45.6% increase from the previous quarter's ₹63.57 crores, yet an 18.4% decrease from ₹113.34 crores in Q1FY25. The tax expense was ₹33.17 crores, slightly down by 3.5% from the prior quarter and down 23.4% compared to the same quarter last year. Earnings Per Share (EPS) was ₹17.10, reflecting a 6.9% increase QoQ from ₹16.00, but a decline of 18.2% YoY from ₹20.90 in Q1FY25. These metrics show a mixed profitability performance, with notable improvements on a quarterly basis but declines on a yearly comparison.

Operating Metrics

The company's total expenses stood at ₹537.82 crores for Q1FY26, which is a reduction of 12.3% from ₹613.57 crores in Q4FY25 and an increase of 3.7% from ₹518.78 crores in Q1FY25. This decline in expenses QoQ could be indicative of cost-saving measures or reduced production costs. The data does not provide specific ratios such as P/E, debt-to-equity, or current ratios; thus, these cannot be calculated from the given information. The overall operating metrics demonstrate a strategic reduction in expenditures compared to the previous quarter, although they have increased compared to the same quarter of the previous year.