KDDLNSEKDDL LimitedMediumNeutral
Announced Wed, 21 May · 10:04 IST

KDDL Limited has informed the Exchange about Investor Presentation

Mgmt Guided Margin PressureInvestor Communications View source PDF

KDDL · price

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

KDDL Limited shared its Q4 & FY25 investor presentation on May 21, 2025. Standalone Total Income grew 7% YoY to Rs 383.6 Cr, but PBT (before exceptional items) fell 26% to Rs 58.8 Cr, with EBITDA margin contracting sharply from 28.5% to 23.1%. Management attributed the profitability pressure to a product mix shift toward Precision Engineering and continued weakness in watch component exports, with a revival only expected in H2FY26. Consolidated revenue rose 19% YoY to Rs 1,694.6 Cr, supported by strong growth in the watch retailing business (Ethos) where revenue grew 25.3%. The company declared a Rs 5 per share dividend and highlighted ramp-up plans for its Packaging unit and Bracelet Division (target 70% utilization by FY26).

Likely market impact

Despite top-line growth, the sharp fall in standalone profits and EBITDA margins is a negative signal for near-term earnings. However, diversification into Precision Engineering, Packaging, and Bracelets provides future growth optionality, and the Ethos retail business remains a strong consolidated contributor. Investors should watch for export revival in H2FY26 and margin recovery as new businesses scale up.