Bajaj Consumer Care (BAJAJCON) Q4 24/25 earnings summary

Executive summary

• Consolidated Q4 FY25 revenue was INR 246.7 Cr, up 5.3% YoY, and FY25 revenue was INR 949.7 Cr, down 1.9% YoY; Q4 sales rose 7.1% sequentially.

• Q4 consolidated PAT was INR 31 Cr (down 12.7% YoY); FY25 PAT was INR 125.3 Cr (down 19.2% YoY); PAT margins for Q4 and FY25 were 13.1% and 14% respectively.

• Gross margin for Q4 was 54.2% (up 290 bps QoQ); FY25 gross margin was 53.5%, down 80 bps YoY due to copra price inflation and product mix.

• Standalone EBITDA for Q4 was INR 33.8 Cr; FY25 EBITDA was INR 136.3 Cr, with margins of 14.1% and 14.7% respectively.

• Audited standalone and consolidated financial results for FY25 were approved with unmodified opinions from statutory auditors.

Financial highlights

• Standalone Q4 FY25 revenue was INR 239.8 Cr (up 4.2% YoY); FY25 revenue was INR 927.7 Cr (down 2.5% YoY).

• Standalone Q4 PAT was INR 31.5 Cr (down 15.6% YoY); FY25 PAT was INR 130.1 Cr (down 18% YoY).

• Advertisement & sales promotion expenses reduced 8.8% YoY in Q4 and 13.9% YoY in FY25.

• Standalone revenue from operations for FY25 was ₹94,276.31 lakh, down from ₹96,770.95 lakh in FY24.

• Earnings per share (consolidated, basic and diluted) for FY25 was ₹9.03, down from ₹10.89 in FY24.

Segment performance

• General trade grew 7% sequentially in Q4, though still negative YoY; wholesale channel recovered with 15% QoQ growth.

• Organized trade grew 30% YoY in Q4 and 18% for the year; modern trade up 22% YoY in Q4.

• E-commerce grew 33% YoY in Q4 and 29% for the year; Quick Commerce up 60% YoY in Q4.

• International business grew 30% YoY in Q4 and 20% for FY25, with strong contributions from GCC, Africa, and Bangladesh.

• Almond Drops Hair and Skin Care range grew 73% YoY in Q4 and 46% in FY25; AD Serum up 44% YTD.