BMW Industries Limited (BMWIL) reported a robust financial performance for the quarter ended December 31, 2024 (Q3 FY25), with significant growth in profitability, driven by higher margins and operational efficiency.
Key Financial Highlights for Q3 FY25:
- Total Income: ₹148.8 crore, up 2.5% YoY from ₹145.19 crore in Q3 FY24.
- Gross Profit: ₹99.11 crore, a 1% YoY increase from ₹98.18 crore.
- EBITDA: ₹37.30 crore, marking a 13.2% YoY growth from ₹32.95 crore.
- EBITDA Margin: 25.1%, an improvement of 237 bps from 22.7% in Q3 FY24.
- Profit After Tax (PAT): ₹17.23 crore, up 50% YoY from ₹11.49 crore.
- PAT Margin: 11.6%, an increase of 367 bps from 7.9% YoY.
- Earnings Per Share (EPS): ₹0.76, up 49.3% from ₹0.51 in Q3 FY24.
Nine-Month Financial Performance (9M FY25):
- Total Income: ₹477.16 crore, reflecting a 2.6% YoY growth from ₹464.93 crore.
- EBITDA: ₹119.39 crore, up 7.2% YoY from ₹111.39 crore.
- PAT: ₹57.43 crore, a 28.4% increase compared to ₹44.72 crore in 9M FY24.
Operational Highlights:
- Tubes Manufacturing Contract Extended: The company announced the extension of its tubes manufacturing contract until H1 2027, with an estimated revenue of ₹364.7 crore over the contract period.
- Net Debt: Reduced to ₹151 crore as of December 2024, compared to ₹154.12 crore in September 2024.
Management Commentary:
Chairman Ram Gopal Bansal expressed satisfaction with the company’s consistent growth and emphasized ongoing efforts to optimize capacity utilization and explore new growth avenues. “The extension of our key manufacturing contract reflects our strong customer trust and operational excellence,” he added.
