NACL Industries Ltd's Q3FY25 Quarterly Results

Result Summary

• NACL Industries Ltd reported a 39.4% 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 26.7%.
• Its expenses for the quarter were down by 25.3% QoQ and 18.3% YoY.
• The net profit decreased 343.2% QoQ and increased 127.9% YoY.
• The earnings per share (EPS) of NACL Industries Ltd declined at 1.8 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

NACL Industries Ltd is a company operating in the chemical industry, primarily engaged in the manufacture and sale of agrochemical products, including pesticides, herbicides, fungicides, and plant growth regulators. The company serves both domestic and international markets, providing solutions for crop protection and enhancing agricultural productivity. Details regarding any recent major developments specific to NACL Industries Ltd are not available at this time. As a player in the agrochemical sector, the company is subject to industry dynamics such as regulatory changes, raw material price fluctuations, and seasonal demand variations.

Revenue

In the third quarter of fiscal year 2025 (Q3FY25), NACL Industries Ltd reported a total income of ₹269.07 crores. This represents a decline of 39.4% compared to the previous quarter (Q2FY25) where the total income was ₹443.69 crores. On a year-over-year basis, there was a decrease of 26.7% from the total income of ₹366.92 crores in the same quarter of the previous fiscal year (Q3FY24). These changes reflect significant fluctuations in the company's revenue streams over both the quarterly and annual periods.

Profitability

For Q3FY25, NACL Industries Ltd incurred a loss before tax of ₹47.24 crores, a significant decline from a profit before tax of ₹20.11 crores in Q2FY25. Compared to the same quarter last year, where the loss before tax was ₹20.23 crores, the loss has increased. The tax expense for the quarter was negative ₹10.49 crores, which is a substantial decrease from the tax expense of ₹5.40 crores in the previous quarter and an increase from negative ₹4.40 crores in Q3FY24. Consequently, the company reported a loss after tax of ₹36.23 crores, contrasting with a profit after tax of ₹14.90 crores in Q2FY25 and an increased loss compared to ₹15.90 crores in Q3FY24. Earnings per share (EPS) for this quarter was negative ₹1.80, a sharp decline from ₹0.80 in the previous quarter and a decrease from negative ₹0.80 in the same quarter last year.

Operating Metrics

During Q3FY25, NACL Industries Ltd's total expenses amounted to ₹316.31 crores, which is a reduction of 25.3% from the previous quarter's expenses of ₹423.58 crores. This figure also represents a decrease of 18.3% from the total expenses of ₹387.15 crores in Q3FY24. The declines in both total income and expenses indicate significant shifts in the company's operational dynamics over the quarter and year. The negative profitability ratios, such as the decline in EPS from 0.80 in Q2FY25 to -1.80 in Q3FY25, highlight changes in the company's financial health and operational efficiency over the reviewed periods.