Mumbai, November 8, 2024: GMM Pfaudler Limited, global leader in glass-lined equipment, announces its second quarter (Q2 FY25) and half year results (H1 FY25) for the period ended September 30, 2024.
Financial Performance
Consolidated
Q2
FY25 |
Revenue | EBITDA | EBITDA Margin | PAT | PAT Margin | EPS | Order Intake | Order Backlog |
₹805 Crore | ₹93 Crore | 11.6% | ₹17 Crore | 2.1% | ₹3.84 | ₹762 Crore | ₹1,773 Crore |
H1
FY25 |
Revenue | EBITDA | EBITDA Margin | PAT | PAT Margin | EPS | Order Intake | Order Backlog |
₹1,591 Crore | ₹182 Crore | 11.4% | ₹41 Crore | 2.6% | ₹9.46 | ₹1,644 Crore | ₹1,773 Crore |
Highlights
- Revenue and EBITDA up 3% and 6% respectively compared to Q1 FY25
- EBITDA margin stable at 11.6%
- Q2FY25 Order Intake steady at ₹762 crore, H1 FY25 Order Intake at ₹1,644 crore up 18% compared to H1 FY24
- Order Backlog stands at ₹1,773 crore, up 4% compared to September 30, 2023
- Opportunity pipeline remains stable across geographies, product mix continues to evolve
Management Comment
Commenting on the Company’s Q2 FY25 results, Mr. Tarak Patel, Managing Director said, “We are pleased to report a stable performance this quarter despite a general slowdown in investments within the chemical and pharmaceutical sectors. As a result of our diversification strategy, which involves adding new products to our portfolio and developing new industry segments, we have seen an improvement in order intake which has helped us maintain our backlog.”
He further added, “While the outlook remains muted for this financial year, we continue to focus our efforts on strengthening our market share, reducing costs and improving efficiencies.”