Un-Audited Financial Results for the Quarter and Nine Months Ended December 31, 2024
Ludhiana, February 3, 2025 – Nahar Poly Films Limited (BSE: 523391, NSE: NAHARPOLY) has announced its un-audited financial results for the quarter and nine months ended December 31, 2024. The company reported robust revenue growth driven by increased operational efficiencies and market demand.
Key Financial Highlights (Standalone)
(Rs. in Lakhs)
Particulars
Q3 FY25
Q2 FY25
Q3 FY24
9M FY25
9M FY24
FY24 (Audited)
Revenue from Operations
17,294.54
16,857.67
15,362.14
50,929.73
44,682.85
59,993.02
Other Income
412.82
651.43
198.47
4,221.22
771.74
1,168.96
Total Revenue
17,707.36
17,509.10
15,560.61
52,150.95
45,454.59
61,161.98
EBITDA
1,922.54
2,921.08
(626.74)
6,488.73
2,732.13
5,695.91
Profit Before Tax
857.35
1,841.74
(938.70)
3,262.56
(619.84)
(1,145.69)
Net Profit/(Loss)
658.68
1,273.56
(894.96)
2,330.26
(645.96)
(848.91)
EPS (Basic/Diluted)
2.68
5.18
(3.64)
9.48
(2.63)
(3.45)
Revenue Growth: Revenue from operations increased 12.58% YoY to ₹17,294.54 lakh for Q3 FY25.
Net Profit Recovery: The company posted a net profit of ₹658.68 lakh for Q3 FY25, compared to a loss of ₹894.96 lakh in Q3 FY24.
EBITDA Margin Improvement: EBITDA significantly improved, driven by cost management and higher sales volume.
Key Financial Highlights (Consolidated)
(Rs. in Lakhs)
Particulars
Q3 FY25
Q2 FY25
Q3 FY24
9M FY25
9M FY24
FY24 (Audited)
Revenue from Operations
17,294.54
16,857.67
15,362.14
50,929.73
44,682.85
59,993.02
Other Income
412.82
552.26
198.47
1,122.05
672.57
1,069.79
Total Revenue
17,707.36
17,409.93
15,560.61
52,051.78
45,355.42
61,062.81
Profit Before Tax
857.35
1,742.57
(938.70)
3,163.39
(719.01)
(1,244.86)
Net Profit/(Loss)
751.42
1,739.58
(520.18)
3,323.44
475.57
567.92
EPS (Basic/Diluted)
3.06
7.07
(2.12)
13.52
1.93
2.31
Consolidated Net Profit: ₹751.42 lakh in Q3 FY25 compared to a loss of ₹520.18 lakh in Q3 FY24.
Improved Associate Performance: Nahar Capital and Financial Services Limited contributed ₹92.74 lakh to net profit in Q3 FY25.
Segment Performance
The company operates in a single segment, BOPP Films, which continues to witness strong demand.
The increase in revenue is attributed to stable raw material costs and operational efficiency.
Management Commentary
Sambhav Oswal, Managing Director, stated: "The company’s strong Q3 performance reflects our focus on cost control and increasing operational efficiency. With demand for BOPP films on the rise, we anticipate continued growth and improved profitability in the coming quarters."
Strategic Outlook
Growth Plans: Expansion in production capacity is expected to enhance revenue in FY26.
Cost Management: Continued focus on optimizing material costs and efficiency.
Market Trends: Positive demand in packaging films, driven by e-commerce and FMCG sectors.
Limited Review Report
The financial results have been reviewed by M/s. YAPL & Co., Chartered Accountants, Ludhiana, who have expressed that the financial statements are in compliance with Ind-AS 34 and SEBI Listing Regulations, with no material misstatements.
Conclusion
Nahar Poly Films Ltd. has demonstrated significant improvement in profitability and strong revenue growth in Q3 FY25. With an optimistic market outlook and strategic expansion plans, the company is well-positioned for continued success in the packaging film industry.