Mumbai, February 1, 2025
Yuvraaj Hygiene Products Limited (BSE: 531663) announced its unaudited financial results for the quarter and nine months ended December 31, 2024. The company reported a strong revenue increase, with profitability improving significantly over the same period last year.Key Financial Highlights (₹ in Lakhs)
| Particulars | Q3 FY25 | Q2 FY25 | Q3 FY24 | 9M FY25 | 9M FY24 | FY24 (Audited) |
|---|---|---|---|---|---|---|
| Revenue from Operations | 1,867.72 | 1,085.09 | 509.87 | 3,716.10 | 1,419.33 | 1,897.27 |
| Other Income | 15.12 | 18.55 | 19.43 | 53.80 | 58.39 | 78.65 |
| Total Income | 1,882.83 | 1,103.63 | 529.30 | 3,769.90 | 1,477.73 | 1,975.92 |
| EBITDA | 286.73 | 159.93 | 23.07 | 506.64 | 37.99 | 55.36 |
| Profit Before Tax (PBT) | 252.17 | 138.02 | 12.85 | 437.51 | 7.64 | 6.44 |
| Net Profit | 252.31 | 138.16 | 12.35 | 437.94 | 5.51 | (33.56) |
| Basic EPS (₹) | 0.28 | 0.15 | 0.01 | 0.48 | 0.01 | (0.04) |
Segment Performance
Yuvraaj Hygiene Products Limited operates in the manufacturing and sale of scrub pads, scrubbers, and household cleaning items. The company follows Ind AS 108 for segment reporting, which states that there are no geographical segments applicable.Corporate Announcements
- Re-appointment of Secretarial Auditor: The company approved the re-appointment of M/s. Manish Ghia & Associates as the secretarial auditor for FY2024-25.
- Policy Amendments: Following SEBI regulatory updates, the company has adopted key amendments, including:
- Policy on Code of Conduct
- Policy on Materiality of Events
- Policy on Related Party Transactions
- Policy for Board Diversity
- Code for Fair Disclosure of UPSI.
Auditor’s Review & Going Concern Note
The limited review report by N.S. Gokhale & Co. found no material misstatements. However, the auditors flagged a material uncertainty regarding the company’s ability to continue as a going concern, citing accumulated losses that have eroded net worth. The company has obtained a support letter from promoters Vishal Kampani and Benu Kampani, who have committed to arranging funds if needed.Strategic Outlook
Despite financial challenges, the management remains optimistic, with plans to identify strategic business partners and alternative business plans to drive profitability. The company aims to leverage increasing demand in the household cleaning market to sustain its recovery momentum.Yuvraaj Hygiene Products Limited continues to exhibit signs of a financial turnaround, but its long-term stability will depend on successful execution of strategic initiatives and external funding support.