Xpro India's Profit in FY25 Down by 0.2%
By Ankur Chandra | Updated at: May 31, 2025 07:30 PM IST
Kolkata, May 30, 2025: Xpro India Ltd (NSE: XPROINDIA | BSE: 590013) has released its financial results for the quarter and fiscal year ended March 31, 2025, demonstrating strong growth.
Key Financial Highlights
| Particulars | Q4 FY25 | Q4 FY24 | QoQ (%) | FY25 | FY24 | YoY (%) |
|---|---|---|---|---|---|---|
| Revenue (₹ Cr) | 158.2 | 128.4 | 51.3% | 535.3 | 465.4 | 15.0% |
| EBITDA (₹ Cr)* | 13.5 | 16.8 | 26.1% | 53.2 | 66.1 | -19.5% |
| PAT (₹ Cr) | 9.3 | 12.4 | -4.1% | 43.8 | 43.9 | -0.2% |
| EBITDA Margin (%) | 8.6 | 13.1 | – | 9.9 | 14.2 | – |
| PAT Margin (%) | 5.9 | 9.7 | – | 8.2 | 9.4 | – |
| EPS (₹) | 4.2 | 5.9 | – | 17.2 | 19.8 | – |
*Excludes other income
Segment-wise Performance
- Dielectric Films: The company’s dielectric film line operated near full capacity, capturing over 30% of the domestic market share. The segment saw strong demand from the capacitor and EV markets.
- Coextruded Sheets & Thermoformed Liners: Production rose 25% YoY, driven by sustained demand from the white goods industry. Rationalisation through equipment integration also enhanced operational efficiency.
- Cast Films: Continued focus on hygiene and industrial applications, with efforts underway to broaden the product range.
Operational and Strategic Updates
- Production volumes surged by 18.4% YoY to 33,014 MT.
- The new unit at Barjora commenced dry runs.
- Ras Al Khaimah (UAE) project is progressing as scheduled.
- No long-term debt linked to current operations; net debt remains negative.
- The standalone net worth improved to ₹616.9 crore from ₹560.5 crore the previous year.
- Capex is largely funded through internal accruals and capital raised via QIP and preferential issues.
Management Commentary
“Despite global headwinds and rising input costs, Xpro India has maintained leadership in its niche segments. Our strategic pricing and operational adaptability have helped us safeguard margins while building for long-term growth,” said C. Bhaskar, Managing Director & CEO.
Dividend and Shareholder Returns
- The Board recommended a dividend of ₹2 per share (20% on face value).
- Dividend payout stands at ₹469 lakh, subject to shareholder approval.
- Promoters opted for the early conversion of warrants.
Outlook
Xpro India aims to triple its dielectric film capacity by FY26. It aims to target the growing demand from renewable energy, electric vehicles (EVs), and smart appliances. With strong financial discipline, R&D-led product innovation, and Make-in-India positioning, the company is well-placed for global market expansion.
“We remain committed to scaling operations with a strategic focus on high-tech, value-added films that meet global standards,” the management emphasised in its outlook note.
About Xpro India
Xpro India Ltd is an Indian company that is engaged in the process of polymer processing and operates in two main divisions: Biax and Coex. The company is a part of the BIRLA Group and has manufacturing facilities located across Maharashtra, Uttar Pradesh, and West Bengal.
Dividend History (Recent)
| FY | Dividend (%) | Bonus Issue |
|---|---|---|
| 2024-25 | 20% | No |
| 2023-24 | 20% | No |
| 2022-23 | 20% | 2:1 Bonus |
| 2021-22 | 15% | No |
REF: https://nsearchives.nseindia.com/corporate/XPROINDIA_30052025130720_Investor_Presentation_2025_signed.pdf
