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GMM Pfaudler Ltd. Earnings Release 2025

Nov 7, 2024

61612_rns_2024-11-07_235a4d06-7816-4935-8e4d-5c79711f35d3.pdf

Earnings Release

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November 7, 2024

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GMM/SEC/2024-25/56

To, BSE Limited Scrip Code: 505255

National Stock Exchange of India Limited Symbol: GMMPFAUDLR

Sub.: Press Release on the Unaudited Standalone and Consolidated Financial Results of GMM Pfaudler Limited

(“the Company”) for the half year ended September 30, 2024

Dear Sir/ Ma’am,

Pursuant to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the press release on the Unaudited Standalone and Consolidated Financial Results of the Company for the half year ended September 30, 2024.

Kindly take the same on record.

Thanking you.

Yours faithfully,

For GMM Pfaudler Limited

MITTAL KARTIK Digitally signed by MITTAL KARTIK MEHTA MEHTA Date: 2024.11.07 16:07:40 +05'30' Mittal Mehta Company Secretary & Compliance Officer FCS. No. 7848

Encl.: As above

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BSE: 505255 | NSE: GMMPFAUDLR | CIN: L29199GJ1962PLC001171 | ISIN: INE541A01023 | SECTOR: ENGINEERING - HEAVY

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Quarterly & Half Yearly Earnings Release | Q2/H1 FY25

Mumbai, November 7, 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

EBITDA PAT EPS Order
Backlog
₹1,773 Crore
EBITDA PAT Order
Q2 Revenue
Margin Margin Intake
FY25 ₹93 Crore ₹17 Crore ₹3.84
₹805 Crore 11.6% 2.1% ₹762 Crore
EBITDA PAT EPS Order
Backlog
₹1,773 Crore
EBITDA PAT Order
H1 Revenue
Margin Margin Intake
FY25 ₹182 Crore ₹41 Crore ₹9.46
₹1,591 Crore 11.4% 2.6% ₹1,644 Crore

Highlights

  • Revenue and EBITDA up 3% and 6% respectively compared to Q1 FY25

  • EBITDA margin stable at 11.6%

  • Q2 FY25 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."

BSE: 505255 | NSE: GMMPFAUDLR | CIN: L29199GJ1962PLC001171 | ISIN: INE541A01023 | SECTOR: ENGINEERING - HEAVY

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Quarterly & Half Yearly Earnings Release | Q2/H1 FY25

Unaudited results for the quarter and half year ended September 30, 2024, prepared under Ind AS, is available in the Investor Relations section of our website www.gmmpfaudler.com

Quarterly Conference Call

The company will hold an earnings conference call on Thursday, November 7, 2024, at 5:00 PM (Indian Standard Time) to discuss the unaudited financial results and performance of the Company for the quarter and half year ended September 30, 2024.

The audio conference call will be accessible from all networks and countries through universal access dial-ins:

+91 22 6280 1341 / +91 22 7115 8242 or at weblink

Please click on the link

The Q2 & H1 FY25 Earnings presentation will be submitted to Stock Exchanges and shall also be hosted on the Company's website at www.gmmpfaudler.com

About GMM Pfaudler Limited

GMM Pfaudler Limited delivers corrosion-resistant technologies, systems, and services worldwide and remains the preferred choice by consistently providing its customers in the chemical and pharmaceutical industries with innovative and cost-effective solutions. GMM Pfaudler has 20 manufacturing locations with an extensive sales and service network and employs more than 2000 people across 4 continents.

More information is available at www.gmmpfaudler.com

Contact details

Company Investor Media Dhaval Rajput Anuj Sonpal Abhishek Savant GM Finance & Accounts, GMM Pfaudler Ltd. Valorem Advisors Veritas Reputation PR Private Ltd. Tel: +91 22 6650 3900 Tel: +91 22 4903 9500 Tel: +91 8108848822 Email: [email protected] Email: [email protected] Email: [email protected]

Disclaimer:

Certain statements in this document that are not historical facts are forward looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local, political or economic developments, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. GMM Pfaudler Limited will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances