Mumbai, February 10, 2025 –
Affordable Robotic and Automation Limited (ARAPL) (BSE: 541402, NSE: AFFORDABLE), a leader in automotive project-based line building, automated multilevel car parking systems, and warehousing automation, announced its
unaudited financial results for Q3 FY2025, showcasing strong revenue growth and an improved financial trajectory.
Key Financial Highlights (Standalone)
(INR in Lakhs)| Particulars | Q3 FY25 (Dec 31, 2024) | Q3 FY24 (Dec 31, 2023) | Q2 FY25 (Sep 30, 2024) | YoY Growth (%) |
|---|
| Net Revenue | 7,613.84 | 5,696.56 | 4,139.32 | 34% |
| Total Revenue | 7,621.45 | 5,702.86 | 4,146.04 | 34% |
| Total Expenses | 7,563.89 | 6,922.05 | 4,671.67 | - |
| EBITDA | 57.56 | (1,219.19) | (525.63) | 105% |
| Profit/(Loss) Before Tax | (344.43) | (1,572.66) | (791.20) | 78% |
| Profit/(Loss) After Tax | (344.43) | (1,574.05) | (791.20) | 78% |
The company reported
a 34% YoY increase in total revenue, driven by strong order execution and sustained demand for automation solutions. EBITDA turned
positive at INR 57.56 Lakhs, indicating a
significant turnaround from the previous year's loss of INR 1,219.19 Lakhs.
Operational Performance & Order Book
- Order Execution: ARAPL started FY25 with a strong order book of INR 82 Crore, having delivered approximately INR 42 Crore in H1. In Q3, the company executed an additional INR 34.74 Crore, bringing the total revenue for the period to INR 76.21 Crore.
- Future Prospects: The company secured new orders worth INR 110 Crore in Q3, pushing the total order book to INR 190 Crore.
- Q4 Outlook: ARAPL expects to close additional orders worth INR 25-30 Crore, further strengthening its position.
Expense Management & Workforce Strategy
- Cost Optimization: ARAPL witnessed a reduction in manpower costs by 7% YoY in Q3, reflecting improved cost efficiencies.
- Strategic Investments: Despite a 12% higher manpower cost in H1 YoY, the company focused on expanding its product development team to support long-term growth.
- Operational Efficiency: The company recovered from higher-than-anticipated costs in H1, ensuring improved cost alignment.
Consolidated Financial Performance
(INR in Lakhs)| Particulars | Q3 FY25 (Dec 31, 2024) | Q3 FY24 (Dec 31, 2023) | Q2 FY25 (Sep 30, 2024) | YoY Growth (%) |
|---|
| Net Revenue | 7,814.21 | 5,696.56 | 4,372.29 | 38% |
| Total Revenue | 7,869.96 | 5,702.86 | 4,395.63 | 38% |
| Total Expenses | 8,859.36 | 7,184.07 | 5,350.17 | - |
| EBITDA | (989.39) | (1,481.21) | (954.54) | 33% |
| Profit/(Loss) Before Tax | (1,394.54) | (1,838.08) | (1,228.50) | 24% |
| Profit/(Loss) After Tax | (1,394.54) | (1,839.47) | (1,228.50) | 24% |
Despite reporting a
consolidated loss of INR 1,050.11 Lakhs from ARAPL RaaS, the company continues to see
revenue growth from strategic expansions in
the US and Europe.
Global Expansion & Strategic Investments
United States Market
- ARAPL successfully closed orders worth USD 4 million in Q3 and expects to exceed USD 10 million in order book value over the next few months.
- Several high-profile clients in the USA are strengthening the company’s global footprint.
European Market Expansion
- ARAPL is strategically expanding into Europe, targeting high-growth markets.
- The move is aimed at leveraging global synergies to meet rising demand for automation solutions.
Outlook & Future Growth
- Revenue Projections: ARAPL expects to surpass last year’s annual revenue and continue strong YoY growth.
- Profitability Path: The company remains confident that investments in talent acquisition and business development will drive long-term profitability.
- Operational Enhancements: H2 is expected to recover from H1 challenges, with improved cost efficiency and better EBITDA performance.
Management Commentary
"With a robust order book and strong execution, we are well-positioned to sustain our growth momentum. Our strategic investments in global markets will drive future profitability, and we expect a strong close to FY25."
– Management, Affordable Robotic & Automation Limited
Conclusion
Affordable Robotic and Automation Limited continues to exhibit
strong revenue growth, improved EBITDA, and a robust order pipeline, reinforcing its position as a key player in the
automation and robotics industry. With
expanding global markets and strategic cost optimizations, the company is on track to
achieve profitability and maintain long-term growth momentum.