Udaipur, January 29, 2025 – Sah Polymers Limited has announced its Q3 FY25 financial results, demonstrating strong revenue growth of 20.76% YoY. The company is expanding into high-margin food and pharmaceutical packaging, leveraging its recently acquired BRC certification for quality and compliance.
Key Financial Highlights (Q3 FY25 vs Q3 FY24)
- Total Income (Consolidated): ₹32.42 crore, up from ₹26.84 crore (+20.76%)
- EBITDA: ₹1.49 crore, down from ₹1.68 crore (-11.48%)
- Profit After Tax (PAT): ₹-0.01 crore, compared to ₹0.07 crore (-101.50%)
- EBITDA Margin: 4.59% (vs. 6.26% in Q3 FY24)
Nine-Month Performance (9M FY25 vs 9M FY24)
- Total Income: ₹96.65 crore, up from ₹78.70 crore (+22.81%)
- EBITDA: ₹5.18 crore, down from ₹5.40 crore (-4.05%)
- PAT: ₹0.56 crore, down from ₹0.80 crore (-29.55%)
Strategic Expansion & Business Development
- Entry into Food & Pharma Packaging: Obtained BRC certification, enabling supply to food, pharmaceutical, and beverage industries.
- Capacity Expansion: Plans to increase production from 9,120 MTPA based on demand, including contract manufacturing.
- Export Market Expansion: Aiming to grow exports from 30+ countries to 60+ countries within the next five years.
- Projected Growth: Targeting 20-25% CAGR growth over the next five years.
Business Updates & Market Positioning
- Revenue Breakdown: 78% from exports, 22% from domestic sales.
- Product Innovation: Focused on temperature-resistant bags, peanut food-grade bags, and Type C FIBC bags.
- R&D Investments: Strengthening product offerings with enhanced safety and regulatory compliance.
- Subsidiary Operations: Fibcorp Polyweave Pvt. Ltd. to continue operating as a wholly-owned subsidiary, following the withdrawal of the planned amalgamation.
Management Commentary & Outlook
Whole-time Director Hakim Sadiq Ali Tidiwala stated, “Our strategic focus on high-margin sectors such as food and pharma packaging positions us for sustained growth. The BRC certification is a significant milestone that will enhance our market reach and profitability in the long term.”Future Growth Strategy
- Increased penetration in the food & pharma packaging industry.
- Operational efficiency improvements to drive margin recovery.
- Geographic expansion in key international markets.