EBITDA Up 62.4% YoY, PAT Doubles in Q3FY25
Mumbai, February 03, 2025 – Kabra Extrusiontechnik Ltd. (BSE: 524109, NSE: KABRAEXTRU) has announced its unaudited financial results for the third quarter (Q3FY25) and nine months ended December 31, 2024 (9MFY25). The company posted robust earnings growth, led by strong performance in its Extrusion Machinery segment, while its Battery Division (Geon, formerly Battrixx) continues to adapt to evolving industry dynamics.Key Financial Highlights (₹ in Million)
Particulars | Q3FY25 | Q3FY24 | YoY Change | Q2FY25 | QoQ Change | 9MFY25 | 9MFY24 | YoY Change |
---|---|---|---|---|---|---|---|---|
Revenues | 1,212 | 1,239 | -2.2% | 1,280 | -5.3% | 3,373 | 4,399 | -23.3% |
EBITDA | 140 | 86 | +62.4% | 223 | -37.2% | 452 | 327 | +38.3% |
EBITDA Margin | 11.6% | 7.0% | +460 bps | 17.5% | -588 bps | 13.4% | 7.4% | +597 bps |
PAT | 70 | 34 | +104.2% | 123 | -42.9% | 214 | 148 | +43.9% |
PAT Margin | 5.8% | 2.8% | +303 bps | 9.6% | -382 bps | 6.3% | 3.4% | +296 bps |
EPS (₹) | 2.01 | 0.99 | +103.0% | 3.52 | -42.9% | 6.11 | 4.25 | +43.8% |
Segment Performance
- Extrusion Machinery Division
- Q3FY25 revenue at ₹ 883 Mn, up 24.2% YoY (Q3FY24: ₹ 711 Mn).
- 9MFY25 revenue at ₹ 2,528 Mn, up 13.6% YoY (9MFY24: ₹ 2,226 Mn).
- Driven by strong domestic & export demand and a healthy order book.
- Battery Division (Geon, formerly Battrixx)
- Q3FY25 revenue at ₹ 346 Mn.
- 9MFY25 revenue at ₹ 898 Mn.
- Industry headwinds impacted growth, but strategic investments in e3W, Battery Swapping, and BESSare expected to drive long-term expansion.
Management Commentary
Anand Kabra, Managing Director, stated:“The Extrusion Machinery Division continues to show robust growth, with revenues rising 24.2% YoYin Q3FY25, demonstrating our strong market presence. The order book remains healthy, reinforcing our position in both domestic and export markets."
"While Geon’s revenues were subdued due to the evolving EV industry dynamics, we remain committed to new revenue streams, including e3W, Battery Swapping, High Voltage Systems, Aftermarket Services, and Battery Energy Storage Systems (BESS). The Union Budget 2025-26’s support for EV localization further strengthens our growth outlook.”
Strategic Outlook
- Geon Rebranding: To align with India’s green energy transition, the battery division was rebranded from Battrixx to Geon, short for Green Energy On.
- Government Policies: Union Budget 2025-26’s EV push is expected to enhance battery manufacturing and adoption rates.
- Future Expansion: New product lines in high-voltage batteries, battery swapping, and energy storage systems set to drive growth.