ADF Foods Ltd's Q3FY25 Quarter Results
- 15 Feb 2025
Result Summary
- ADF Foods Ltd reported a 8.2% 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 growth of 13.5%.
- Its expenses for the quarter were down by 8.9% QoQ and up 17.9% YoY.
- The net profit decreased 4.6% QoQ and decreased 1.7% YoY.
- The earnings per share (EPS) of ADF Foods Ltd stood at 1.7 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 151.45 | 164.94 | 133.44 | -8.2% | 13.5% |
Total Expenses | 126.48 | 138.81 | 107.28 | -8.9% | 17.9% |
Profit Before Tax | 24.97 | 26.13 | 26.16 | -4.4% | -4.5% |
Tax | 6.21 | 6.46 | 7.06 | -3.9% | -12.0% |
Profit After Tax | 18.76 | 19.67 | 19.09 | -4.6% | -1.7% |
Earnings Per Share | 1.70 | 1.80 | 1.80 | -5.6% | -5.6% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
ADF Foods Ltd is a prominent player in the food industry, primarily engaged in the manufacturing and marketing of a wide range of packaged food products. The company offers a diverse portfolio that includes pickles, chutneys, ready-to-eat meals, spices, and frozen foods, which are distributed under well-known brand names such as Ashoka, Aeroplane, and Truly Indian. With a strong presence in both domestic and international markets, ADF Foods has established itself as a reliable provider of ethnic and specialty foods. The company has been focusing on expanding its global footprint while maintaining a robust distribution network to enhance its reach and cater to the evolving consumer preferences. Recent developments in the company have not been provided, and further details about any strategic initiatives or investments remain unavailable.
Revenue
During the third quarter of the fiscal year 2025 (Q3FY25), ADF Foods Ltd reported a total income of ₹151.45 crores. This represents an 8.2% decrease compared to the previous quarter (Q2FY25), where the total income was ₹164.94 crores. However, on a year-over-year basis, the company achieved a 13.5% increase in total income, up from ₹133.44 crores in the third quarter of the fiscal year 2024 (Q3FY24). The quarterly decline in revenue could reflect seasonal trends or other factors, while the annual growth may indicate increased demand for the company's products or successful expansion efforts.
Profitability
ADF Foods Ltd's profitability metrics for Q3FY25 indicate a profit before tax (PBT) of ₹24.97 crores, which marks a 4.4% decline from the ₹26.13 crores recorded in Q2FY25 and a 4.5% decrease from the ₹26.16 crores in Q3FY24. The tax expense for the quarter amounted to ₹6.21 crores, declining by 3.9% quarter-over-quarter and 12.0% year-over-year. Consequently, the profit after tax (PAT) for Q3FY25 was ₹18.76 crores, down 4.6% from the previous quarter's ₹19.67 crores and 1.7% lower than the ₹19.09 crores in Q3FY24. Earnings per share (EPS) was recorded at ₹1.70, reflecting a 5.6% decline both quarter-over-quarter and year-over-year from ₹1.80. These figures illustrate the company's moderate profitability performance over the assessed periods.
Operating Metrics
Analyzing the operating metrics, ADF Foods Ltd's total expenses for Q3FY25 were ₹126.48 crores, representing an 8.9% decrease from the ₹138.81 crores incurred in Q2FY25. On a year-over-year basis, total expenses increased by 17.9% from ₹107.28 crores in Q3FY24. The ability to manage expenses effectively in the face of fluctuating income levels is crucial for maintaining profitability. While the report does not provide specific operational ratios or figures such as P/E ratio, debt-to-equity ratio, or current ratio, the available data highlights significant reductions in both total income and expenses on a quarter-over-quarter basis. However, the year-over-year increase in expenses suggests higher operational costs, which could stem from various factors such as inflation, expansion activities, or increased production costs.
