Mumbai, February 3, 2025 – Oriental Aromatics Limited (BSE: 500078 | NSE: OAL) has announced its unaudited financial results for the quarter and nine-month period ending December 31, 2024. The company reported an increase in revenue, improved profitability, and key operational developments.
Key Financial Highlights (Standalone)
(₹ in Lakhs, except per share data)| Particulars | Q3 FY25 (Dec 31, 2024) | Q2 FY25 (Sep 30, 2024) | Q3 FY24 (Dec 31, 2023) | 9M FY25 (Dec 31, 2024) | 9M FY24 (Dec 31, 2023) |
|---|---|---|---|---|---|
| Revenue from Operations | 22,256.59 | 23,677.02 | 19,741.08 | 67,509.43 | 61,992.82 |
| Total Income | 22,269.04 | 23,890.49 | 19,956.82 | 67,909.69 | 62,547.34 |
| EBITDA (Operating Profit) | 1,961.09 | 2,604.99 | 1,636.88 | 6,616.44 | 3,728.75 |
| Profit Before Tax (PBT) | 1,408.84 | 2,092.69 | 455.31 | 5,066.63 | 26.28 |
| Net Profit After Tax (PAT) | 1,069.67 | 1,631.03 | 270.73 | 3,866.17 | (72.30) |
| Earnings Per Share (EPS) (₹) | 3.18 | 4.85 | 0.80 | 11.49 | (0.21) |
Key Financial Highlights (Consolidated)
| Particulars | Q3 FY25 (Dec 31, 2024) | Q2 FY25 (Sep 30, 2024) | Q3 FY24 (Dec 31, 2023) | 9M FY25 (Dec 31, 2024) | 9M FY24 (Dec 31, 2023) |
|---|---|---|---|---|---|
| Revenue from Operations | 22,256.50 | 23,677.02 | 19,741.08 | 67,500.43 | 61,992.82 |
| Total Income | 22,265.90 | 23,887.34 | 19,956.82 | 67,898.39 | 62,547.34 |
| Profit Before Tax (PBT) | 987.68 | 1,922.15 | 443.72 | 4,395.18 | (5.66) |
| Net Profit After Tax (PAT) | 714.37 | 1,478.21 | 260.95 | 3,200.88 | (101.21) |
| Earnings Per Share (EPS) (₹) | 2.12 | 4.39 | 0.78 | 9.78 | (0.30) |
Segment & Business Updates
- Fine Chemicals Segment: The company continues to operate as a single-reportable segment, with stable performance in aroma chemicals and specialty ingredients.
- Raw Material Costs: Costs remained elevated but were managed effectively through procurement efficiencies and price adjustments.
- Operational Expansion: The company's wholly owned subsidiary, Oriental Aromatics & Sons Limited, commenced commercial production at its Mahad, Maharashtra greenfield facility on November 12, 2024, which is expected to enhance capacity and drive future revenue growth.
- Subsidiary Performance: Losses of ₹356.29 lakh in Q3 FY25 were recorded due to initial ramp-up costs at the new facility.
Management Commentary
Dharmil A. Bodani, Chairman & Managing Director, stated:Strategic Outlook
- Capacity Expansion: The Mahad facility is expected to contribute positively to revenue and profitability in the coming quarters.
- Market Demand: Increased global demand for fine chemicals is expected to support revenue growth.
- Financial Stability: The company maintains a healthy balance sheet with controlled expenses and strategic capital deployment.
Auditor’s Review
Lodha & Co. LLP, the company’s statutory auditors, have conducted a limited review of the financial results and have issued an unmodified opinion, indicating that the financial statements comply with IND AS and SEBI disclosure regulations.Conclusion
Oriental Aromatics Limited reported strong revenue growth and an improvement in profitability, backed by operational expansion and efficient cost management. With a robust strategic roadmap and expansion plans, the company is well-positioned for sustained growth in the fine chemicals sector. Investors can anticipate further gains as the Mahad facility ramps up production and operational efficiencies improve.This financial update reflects Oriental Aromatics' focus on sustainable growth and operational excellence, reinforcing its position as a leading player in the specialty chemicals industry.