Epigral Reports Q4FY25 PAT Growth of 13% to Rs 870 Million

07 May 2025 CW Team

Reflecting its strong performance, the company’s balance sheet strengthened further in FY25. Return on capital employed (ROCE) rose to 25% from 18% in FY24, and Net Debt/EBITDA improved significantly to 0.7x from 2.0x. Credit rating was upgraded to CRISIL AA from CRISIL AA-.

Chairman and Managing Director Maulik Patel stated, “We closed FY2025 with the highest-ever revenue of Rs 25.65 billion, a 33% growth over the previous year. This was driven by an 11% volume increase, especially in high-value products. Our Derivatives & Specialty segment grew 24% and now contributes 54% to total revenue, up from 45% in FY24.”

The company plans to expand its CPVC and Epichlorohydrin (ECH) capacities, which are expected to come online in H1FY27 and contribute thereafter. The integrated complex is expected to further benefit once these projects reach full capacity.

Dividend Update:

Epigral’s board proposed a final dividend of Rs 3.5 per equity share, bringing the total dividend for FY2025 to Rs 6.0 per share (60% of the face value of Rs 10).

Strategic & financial highlights for FY2025:

Credit rating upgraded to CRISIL AA.
Capital expenditure stood at Rs 1.95 billion in FY2025.
Successfully raised Rs 3.33 billion via QIP to support growth.
CPVC Resin capacity expanded to 75,000 TPA; approved to double to 150,000 TPA.
Epichlorohydrin capacity to double to 100,000 TPA.
Commissioned CPVC Compound and Chlorotoluenes Value Chain facilities.

Q4FY25 operational & financial highlights:

Revenue grew 20% YoY to Rs 6.31 billion.
Derivatives & Specialty segment’s revenue contribution rose to 52% from 48% in Q4FY24.
EBITDA increased 12% to Rs 1.73 billion, with a margin of 28%.
PAT rose 13% to Rs 870 million.
Captive chlorine usage increased to 76%.

FY2025 operational & financial summary:

Sales volume grew 11%, with overall capacity utilisation at 81% (vs 78% in FY24).
Highest-ever revenue at Rs 25.65 billion, up 33% YoY.
Derivatives & Specialty business contributed 54% to revenue.
EBITDA rose 48% to Rs 7.11 billion (vs Rs 4.81 billion in FY24).
EBITDA margin improved to 28% from 25%.
PAT surged 82% to Rs 3.57 billion.

(BSE)

Image Source: Image Generated by ChatGPT

Epigral Limited, a leading integrated chemical manufacturer in India, announced its financial results for the quarter ended March 31, 2025. The company reported a 13% year-on-year rise in profit after tax (PAT) at Rs 870 million in Q4FY25, compared to Rs 770 million in Q4FY24. Revenue for the quarter stood at Rs 6.31 billion, up 20% from Rs 5.26 billion in the same quarter last year.Reflecting its strong performance, the company’s balance sheet strengthened further in FY25. Return on capital employed (ROCE) rose to 25% from 18% in FY24, and Net Debt/EBITDA improved significantly to 0.7x from 2.0x. Credit rating was upgraded to CRISIL AA from CRISIL AA-.Chairman and Managing Director Maulik Patel stated, “We closed FY2025 with the highest-ever revenue of Rs 25.65 billion, a 33% growth over the previous year. This was driven by an 11% volume increase, especially in high-value products. Our Derivatives & Specialty segment grew 24% and now contributes 54% to total revenue, up from 45% in FY24.”The company plans to expand its CPVC and Epichlorohydrin (ECH) capacities, which are expected to come online in H1FY27 and contribute thereafter. The integrated complex is expected to further benefit once these projects reach full capacity.Dividend Update:Epigral’s board proposed a final dividend of Rs 3.5 per equity share, bringing the total dividend for FY2025 to Rs 6.0 per share (60% of the face value of Rs 10).Strategic & financial highlights for FY2025:Credit rating upgraded to CRISIL AA.Capital expenditure stood at Rs 1.95 billion in FY2025.Successfully raised Rs 3.33 billion via QIP to support growth.CPVC Resin capacity expanded to 75,000 TPA; approved to double to 150,000 TPA.Epichlorohydrin capacity to double to 100,000 TPA.Commissioned CPVC Compound and Chlorotoluenes Value Chain facilities.Q4FY25 operational & financial highlights:Revenue grew 20% YoY to Rs 6.31 billion.Derivatives & Specialty segment’s revenue contribution rose to 52% from 48% in Q4FY24.EBITDA increased 12% to Rs 1.73 billion, with a margin of 28%.PAT rose 13% to Rs 870 million.Captive chlorine usage increased to 76%.FY2025 operational & financial summary:Sales volume grew 11%, with overall capacity utilisation at 81% (vs 78% in FY24).Highest-ever revenue at Rs 25.65 billion, up 33% YoY.Derivatives & Specialty business contributed 54% to revenue.EBITDA rose 48% to Rs 7.11 billion (vs Rs 4.81 billion in FY24).EBITDA margin improved to 28% from 25%.PAT surged 82% to Rs 3.57 billion.(BSE)Image Source: Image Generated by ChatGPT

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Infrastructure Urban

02 Jun 2026

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Infrastructure Transport

02 Jun 2026

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..