National Plastic Technologies Reports Strong Q3 FY25 Performance Amidst Revenue Growth and Cost Optimization

1738136592512.webp

Chennai, India – January 29, 2025National Plastic Technologies Ltd. (BSE: 531287) has announced its unaudited financial results for Q3 FY25, reflecting strong revenue growth, stable profitability, and cost efficiency improvements. The company’s net profit increased by 14.89% YoY, supported by robust operational revenue and disciplined expense management.

Financial Highlights: Q3 FY25 vs Q3 FY24

  • Revenue from operations: ₹7,904.89 lakh (up 21.53% YoY) from ₹6,504.81 lakh in Q3 FY24.
  • Total income: ₹7,908.29 lakh, compared to ₹6,505.54 lakh in Q3 FY24 (up 21.59% YoY).
  • Profit before tax (PBT): ₹316.05 lakh, reflecting a 14.89% YoY increase from ₹275.08 lakh.
  • Net profit after tax (PAT): ₹228.13 lakh, compared to ₹198.55 lakh in Q3 FY24 (up 14.89%).
  • Earnings per share (EPS): ₹3.75, up from ₹3.27 in the same quarter last year.
For the nine months ending December 31, 2024:
  • Revenue from operations: ₹23,451.25 lakh (up 17.23% YoY) from ₹20,001.26 lakh.
  • Total income: ₹23,457.14 lakh, up from ₹20,006.52 lakh.
  • Net profit: ₹690.14 lakh, a 10.58% YoY increase from ₹624.02 lakh.

Cost Optimization Driving Profitability

National Plastic Technologies effectively managed costs, leading to improved bottom-line performance:
  • Material consumption costs: ₹5,809.25 lahks (down 12.49% QoQ) from ₹6,638.69 lahks in Q2 FY25.
  • Employee expenses: ₹552.53 lakh (up 26.73% YoY), reflecting investment in skilled workforce expansion.
  • Finance costs: ₹142.74 lakh, reflecting stable debt management.
  • Depreciation and amortization: ₹179.80 lakh, maintaining consistent asset utilization efficiency.

Balance Sheet Strength and Equity Growth

  • Paid-up equity share capital: ₹607.83 lakh.
  • Other equity reserves: ₹4,329.94 lakh (up 23.93% YoY from ₹3,492.11 lakh in Q3 FY24).
  • Earnings per share (9-month period): ₹11.35, up from ₹10.27 in the same period last year.

Industry and Market Outlook

National Plastic Technologies operates in the molded plastic products sector and is a key supplier to the automobile, consumer goods, and packaging industries. With rising demand for sustainable plastic solutions, the company’s strategic focus on innovation and cost efficiency positions it for continued growth in FY25.

Investor Takeaways

  • Consistent revenue growth, outpacing industry peers.
  • Efficient cost control measures lead to higher net margins.
  • EPS growth indicates more substantial shareholder returns.
  • Stable debt levels and controlled finance costs, ensuring financial sustainability.

Conclusion

With a strong Q3 FY25 performance, National Plastic Technologies is on track for a record-breaking financial year, bolstered by higher operational revenues, cost-efficiency strategies, and sustained profitability growth. Investors will watch for further margin improvements and expansion plans in the upcoming quarters.
 
Back
Top