IRM Energy Limited has informed the Exchange about General Updates
IRMENERGY · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
IRM Energy reported FY25 consolidated revenue of Rs. 9,755 Mn, up ~10% YoY, but operating EBITDA fell ~35% to Rs. 963 Mn and PAT dropped ~47% to Rs. 452 Mn due to lower APM gas allocation, higher operating costs, and increased license fees. In Q4FY25 alone, revenue grew ~25% YoY to Rs. 2,679 Mn, but EBITDA declined ~23% to Rs. 173 Mn. On the operational side, the company commissioned a record 18 CNG stations in Q4FY25, taking the total to 111 stations, and achieved its highest-ever CNG volume of 28.84 mmscm (up 11% YoY). Industrial volumes rose 24% YoY to 22.71 mmscm. The company spent Rs. 1,293.61 Mn in CAPEX during FY25, and cash balances dropped sharply from Rs. 2,578 Mn to Rs. 365 Mn reflecting heavy investment. IPO proceeds utilisation stands at ~47%, with only 15% deployed for the Namakkal & Tiruchirappalli CGD network expansion.
Despite strong volume growth and infrastructure expansion, sharp margin compression and a steep PAT decline are likely to weigh negatively on the stock in the short term, as cost headwinds from gas allocation and opex remain unresolved.