Q2 2025 Astral Ltd Earnings Call Transcript
Key Points
- Astral Ltd (BOM:532830) maintained its EBITDA margin in the range of 16% to 18% despite challenges, showcasing strong financial management.
- The company successfully launched new products, including OPVC and a new range of PTMT products, indicating a focus on innovation and expansion.
- Astral's Bathware division experienced significant growth, with a 63% increase in Q2, demonstrating strong performance in this segment.
- The Hyderabad plant has commenced production, and further capacity expansions are planned, which will support future growth.
- The Adhesive India business maintained a stable EBITDA margin of 15% and showed growth in both Q2 and the first half of the fiscal year.
- The company faced challenges due to volatility in polymer prices, particularly PVC, which affected inventory levels and market stability.
- Extended monsoon and slow government infrastructure demand negatively impacted construction and agriculture sectors, affecting overall business growth.
- The UK business experienced flat growth with a slight decline in margins, indicating challenges in international operations.
- Employee costs rose significantly, attributed to new initiatives and expansions, which could pressure margins if not managed effectively.
- The paint business faced margin pressure due to expansion into new states, indicating initial costs associated with geographic expansion.
Ladies and gentlemen, good day and welcome to Astral Limited Q2 FY25 earnings conference call hosted by ICIC Securities. (Operator Instructions). Please note that this conference is being recorded. I now hand the conference over to Mr Arun Baid from ICICI Securities. Thank you and over to you, sir.
Good evening, ladies and gentlemen. On behalf of ICICI Securities, I welcome you all to the Q2 FY25 result con call of Astral Limited. We have from the management side, Mr. Sandeep Engineer, CMD; Mr. Kairav Engineer, ED; and Mr Hiranand Savlani, Chief Financial Officer and ED. Now I hand over the call to Sandeep bhai for his opening remarks, post which we will have the Q&A. Over to you, Sandeep bhai.
Thank you. First of all, I welcome you all to the Astral earning call of Q2 FY25. I also wish you all happy New Year and we all wish from Astral family a very healthy life for everyone.
As you are aware
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
