| Metric | Value (₹ Cr) | vs Q3 FY25 |
|---|---|---|
| Revenue | 3.8K | 75.5% |
| Total Income | 3.8K | 75.7% |
| Expenditure | 3.8K | 75.9% |
| PBT | -25.95 | 88.6% |
| Net Profit | -115.10 | 74.4% |
| OPM | 10.09% | 24.54pp |
| NPM | -3.03% | 0.13pp |
| EPS | 4.09 | 124.4% |
Rain Industries Q1 2025: Adjusted EBITDA at 4.34 Billion Rupees, Persistent Challenges with Raw Material Costs
09 May 2025 · 9 May 2025, 02:29 am
Summary
Rain Industries Ltd concluded Q1 2025 with an Adjusted EBITDA of 4.34 billion Rupees, an improvement from Q4 2024 and exceeding last year's quarterly performance. However, the company hasn't reached its normalized quarterly EBITDA target due to raw material costs and market competition. The Carbon segment's Calcination business saw a significant surge in China's green petroleum coke market, providing some relief. The first cargos of U.S.-produced CPC have been introduced in India.
Key Highlights
- 1
Adjusted EBITDA of 4.34 billion Rupees in Q1 2025
- 2
Persistent challenges with raw material costs
- 3
Significant surge in China's green petroleum coke market
- 4
Arrival of first cargos of U.S.-produced CPC in India
- 5
Not yet reached normalized quarterly EBITDA target
Management Comments
Sarang Pani
We concluded the first quarter with an Adjusted EBITDA of 4.34 billion Rupees... However, we acknowledge that we have yet to reach our normalized quarterly EBITDA target. Persistent challenges with raw material costs continue to impact our unit margins... Market competition and supply constraints in certain segments have also posed challenges... While we have not fully reached this goal, the direction is promising, and results remain aligned with our expectations—fueling optimism as we head into the second quarter and beyond.
Jagan Reddy Nellore
In our Carbon segment’s Calcination business, the first quarter saw a significant surge in China’s green petroleum coke (or GPC) market... Consequently, prices for Chinese calcined petroleum coke (or CPC) rose sharply... While there has been some retreat since then, CPC prices in China remain roughly $50 to $100 higher than western world pricing... The current price environment offers timely relief, balancing the headwinds created by BAM demand.
Informational and educational content only. Not investment advice.