GMM Pfaudler Limited has informed the Exchange about Transcript
GMMPFAUDLR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
GMM Pfaudler reported consolidated revenue of INR 795 crores with EBITDA of INR 101 crores, up 14% year-on-year, driven mainly by its India business where standalone EBITDA grew 45% YoY. Consolidated EBITDA margin stood at 12.7% while standalone India margin reached 15.7%. Order intake was strong at INR 1,004 crores (up 14% YoY and 52% QoQ), pushing the backlog to INR 1,906 crores (up 7% YoY, 17% QoQ). The company is set to close the SEMCO acquisition next week, giving it a foothold in the Brazilian and South American markets. India is seeing recovery in chemicals, pharmaceuticals, and early signs in agrochemicals, while Europe and the US remain cautious due to global tariff uncertainty. Management guided that standalone India EBITDA margins of 15-16% are sustainable, with possible upside as factory absorption improves. Planned capex of INR 7-10 crores for non-glass lined capacity in India was mentioned.
Positive signals for shareholders — India business is firing on all cylinders with margin expansion, strong order book, and capacity utilization nearly full, while the SEMCO acquisition and Poland expansion add international growth optionality. However, global uncertainty, a 68% effective tax rate, and a INR 20 crore unrealised FX loss remain near-term overhangs on consolidated earnings.