Key Financial Highlights (₹ in Lacs)
| Particulars | Q3 FY25 | Q2 FY25 | Q3 FY24 | 9M FY25 | 9M FY24 | FY24 (Audited) |
|---|---|---|---|---|---|---|
| Revenue from Operations | 4,417.19 | 3,851.05 | 64.71 | 11,255.85 | 268.36 | 645.79 |
| Other Income | 236.90 | 180.85 | 0.61 | 454.04 | 13.43 | 16.43 |
| Total Income | 4,654.09 | 4,031.90 | 65.32 | 11,709.89 | 281.79 | 662.22 |
| EBITDA | 654.31 | 763.45 | 32.97 | 1,949.72 | 70.98 | 133.46 |
| Profit Before Tax (PBT) | 632.47 | 746.98 | 15.07 | 1,903.29 | 17.98 | 62.85 |
| Net Profit | 632.47 | 746.98 | 15.07 | 1,903.29 | 17.98 | 62.85 |
| Earnings Per Share (₹) | 0.37 | 0.43 | 0.01 | 1.11 | 0.01 | 0.04 |
Business & Segment Performance
- Revenue Surge: The company witnessed a significant rise in revenue from ₹64.71 Lacs in Q3 FY24 to ₹4,417.19 Lacs in Q3 FY25, reflecting a strong turnaround.
- Operational Efficiency: A substantial increase in material consumption expenses (₹3,920.78 Lacs in Q3 FY25 vs. ₹50.70 Lacs in Q3 FY24) underscores expansion in business activities.
- Cost Management: Employee costs and finance expenses remained stable, ensuring profitability margins.
Strategic Developments
- Acquisition of Cosol Developments Ltd.: Marsons Ltd. acquired 100% stake in Cosol Developments Ltd. (UK-based entity) on November 1, 2024, at a nominal value of £4,000 (₹4.34 Lacs). This acquisition expands its footprint in the European market.
- No Segment Reporting: The company continues to focus on its core business of power and transformer distribution, negating the need for separate segment disclosures.
Auditor's Observations
- The financial statements comply with Ind AS standards.
- However, no provision for income tax has been made for Q3 FY25, pending final assessment.
Management Commentary
Munal Agarwal, Managing Director, Marsons Ltd., stated: "Our impressive growth trajectory is a testament to our operational strength and strategic vision. The acquisition of Cosol Developments Ltd. positions us well for international expansion, and we remain committed to scaling our business while maintaining financial discipline."Stock Market & Investor Insights
- Earnings Per Share (EPS) improved to ₹0.37 in Q3 FY25, up from ₹0.01 in Q3 FY24.
- Paid-up equity share capital stands at ₹1,721 Lacs, reflecting investor confidence.
Outlook
With strong revenue growth, an international acquisition, and improving profitability, Marsons Ltd. appears to be on an upward trajectory. Investors can look forward to further strategic expansions and sustained financial performance.
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