| Metric | Value (₹ Cr) | vs Q2 FY25 |
|---|---|---|
| Revenue | 93.46 | 6.2% |
| Total Income | 97.21 | 7.7% |
| Expenditure | 81.45 | 5.2% |
| PBT | 15.75 | 18.8% |
| Net Profit | 11.52 | 20.7% |
| OPM | 10.70% | 1.74pp |
| NPM | 11.85% | 1.95pp |
| EPS | 2.10 | 19.2% |
Platinum Industries Ltd. Delivers 52.66% YoY Revenue Growth in Q3 FY25, 60.70% for 9M FY25, Crossing ¥2,950 Mn; Expansion and Global Market Penetration Drive Performance
17 Feb 2025 · 17 Feb 2025, 11:40 pm
Summary
Platinum Industries Ltd., a leading manufacturer of PVC and CPVC additives and the third-largest player in India's PVC stabiliser market, has announced its financial results for the third quarter (Q3) and nine months (9M) of FY25. The Company reported a 52.66% year-on-year (YoY) growth in revenue from operations for Q3 FY25, reaching ¥934.61 million, while 9M FY25 revenue surged 60.70% YoY to ¥2,957.51 million. This strong performance is driven by the Company's market leadership, innovation-driven product portfolio, and global expansion strategy.
Key Highlights
- 1
Revenue Expansion Fuelled by Global Demand
- 2
Profitability & Operational Resilience
- 3
Strengthened Market Position & Sustainable Growth
- 4
Capacity Expansion & Geographic Growth
Management Comments
Mr. Krishna Rana
We are pleased to report yet another quarter of robust revenue growth, fuelled by our expanding global footprint, strategic capacity enhancements, and commitment to sustainable innovation. Our leadership in PVC and CPVC stabilizers continues to drive demand, with new growth opportunities emerging across Europe, MENA, and Latin America. We remain committed to product innovation, sustainability, and long-term value creation for our stakeholders. The expansion in Palghar and Egypt will significantly strengthen our global supply chain, reduce costs, and enhance production efficiency, targeting a reduction in freight costs and streamlined raw material access. Our strategic emphasis is on volume-driven growth, ensuring Platinum Industries remains fiercely competitive in the specialty chemicals market. We are dedicated to increasing our contribution to the top and bottom lines in absolute terms, as evidenced by the robust revenue growth reported in Q3 and 9M FY25. While our margin profile is indeed shifting, this is a deliberate move to bolster a more competitive Platinum Industries, allowing us to capture a larger market share and achieve sustained financial success. With a strong balance sheet, prudent capital deployment from IPO proceeds, and a dedicated R&D focus, we are well-positioned to sustain our growth trajectory. As we execute our global expansion roadmap, Platinum Industries aims to be a market leader in specialty chemical solutions, delivering high-performance, eco-friendly products to a diverse clientele.
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