Rain Industries Limited has informed the Exchange about Management Presentation on Un-Audited Financial Results of the Company (Standalone, Consolidated and Segment) for the second quarter and half year ended June 30, 2025.
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Awaiting price reaction for this filing.
Rain Industries reported Q2 FY2025 consolidated revenue of ₹44.01 billion, EBITDA of ₹6.17 billion, and a return to profitability with a net profit after tax of ₹0.50 billion (EPS of ₹1.47), marking an improvement over both the prior quarter and the year-ago period. The Carbon segment was the key driver, with revenue up 14.2% and adjusted EBITDA up 35.2% YoY, helped by higher CPC volumes from Indian calcination plants and a surge in Chinese CPC prices. The Cement segment saw selling prices rise about 13% and EBITDA jump to ₹249 million from ₹37 million YoY, while the Advanced Materials segment declined 13% on weaker seasonal demand in North America. The company closed the quarter with $339 million in liquidity, repaid its $44 million Senior Secured Notes early, and has no term debt maturities until October 2028, though net debt-to-EBITRA stood at 4.2x. Management said it has not yet fully achieved its margin targets but views the trajectory as promising, with a focus on refinancing high-cost debt and strategic investments in battery materials, biocarbon, and a new pitch melting facility in India.
Positive near-term signal as the company returned to profit and posted strong YoY EBITDA growth led by Carbon and Cement, but net debt-to-EBITDA of 4.2x and acknowledgment that margins are not yet normalized suggest the stock may react positively on the earnings beat while remaining sensitive to commodity prices and tariff developments.