Chembond Chemicals Ltd's Q3FY25 Quarter Results
- 25 Jan 2025
Result Summary
- Chembond Chemicals Ltd reported a 1.8% 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 7.1%.
- Its expenses for the quarter were down by 2.3% QoQ and up 8.1% YoY.
- The net profit decreased 15.4% QoQ and decreased 13.1% YoY.
- The earnings per share (EPS) of Chembond Chemicals Ltd stood at 8.7 during Q3FY25.
Financial Statments for Q3FY25
| (₹ crores) | Q3FY25 | Q2FY25 | Q3FY24 | QoQ (%) | YoY (%) |
|---|---|---|---|---|---|
Total Income | 126.51 | 128.89 | 118.16 | -1.8% | 7.1% |
Total Expenses | 110.44 | 113.03 | 102.14 | -2.3% | 8.1% |
Profit Before Tax | 16.06 | 17.40 | 16.02 | -7.7% | 0.2% |
Tax | 4.33 | 3.57 | 2.57 | 21.3% | 68.5% |
Profit After Tax | 11.72 | 13.85 | 13.49 | -15.4% | -13.1% |
Earnings Per Share | 8.70 | 10.30 | 10.00 | -15.5% | -13.0% |
Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results
Company Overview
Chembond Chemicals Ltd is a company engaged in the production and supply of specialty chemicals. These chemicals are typically used in a variety of industries such as water treatment, construction, and industrial maintenance. The company has a diverse portfolio that includes products like water treatment chemicals, construction chemicals, high-performance coatings, and animal nutrition products. Chembond Chemicals operates in the specialty chemicals industry, which is characterized by a focus on product differentiation and innovation to meet specific customer needs. Recent major developments in the industry include a growing emphasis on sustainability and the use of eco-friendly chemicals. However, detailed information on any specific recent developments at Chembond Chemicals Ltd is not available.
Revenue
During the third quarter of fiscal year 2025 (Q3FY25), Chembond Chemicals Ltd reported a total income of ₹126.51 crores. This represents a slight decrease of 1.8% compared to the previous quarter (Q2FY25), where the total income was ₹128.89 crores. However, when comparing year-over-year (YoY) performance, the total income showed a growth of 7.1% from ₹118.16 crores in the third quarter of the previous fiscal year (Q3FY24). This indicates that the company has been able to increase its revenue over the past year despite a minor quarterly decline.
Profitability
In terms of profitability, the company’s profit before tax for Q3FY25 was ₹16.06 crores, which is a decrease of 7.7% from the previous quarter's profit before tax of ₹17.40 crores. On a year-over-year basis, the profit before tax remained relatively stable with a slight increase of 0.2% from ₹16.02 crores in Q3FY24. The tax expense in Q3FY25 was ₹4.33 crores, marking a significant increase of 21.3% from the previous quarter and a 68.5% increase from the same quarter last year. Consequently, the profit after tax for Q3FY25 was ₹11.72 crores, a decrease of 15.4% from ₹13.85 crores in Q2FY25 and a 13.1% decrease compared to ₹13.49 crores in Q3FY24. Earnings per share (EPS) followed a similar trend, decreasing to ₹8.70 in Q3FY25 from ₹10.30 in the previous quarter and ₹10.00 in the same quarter of the previous year.
Operating Metrics
The total expenses for Chembond Chemicals Ltd in Q3FY25 were ₹110.44 crores, reflecting a reduction of 2.3% from ₹113.03 crores in Q2FY25. On a year-over-year basis, total expenses increased by 8.1% from ₹102.14 crores in Q3FY24. This data indicates a decrease in expenses on a quarterly basis but an increase on an annual basis. The decline in quarterly expenses did not translate into improved profit margins due to the increased tax burden and reduced total income. The company’s operating performance, as indicated by these metrics, demonstrates a complex interplay of revenue generation, cost control, and tax obligations impacting the bottom line.
