Bondada Engineering (543971) Q4 24/25 earnings summary

Executive summary

• FY25 consolidated revenue from operations was ₹157,137.68 lakh and PAT was ₹11,536.77 lakh; profit attributable after minority interests was ₹11,188.24 lakh.

• FY25 revenue had surpassed ₹1,000 Cr by Jan. 31, 2025; order book stood at ₹5,282 Cr, with a 53% revenue CAGR over 12 years and a CRISIL “A-” rating.

• Auditors issued unmodified opinions on the consolidated and standalone financial results.

Financial highlights

• Consolidated revenue from operations rose to ₹157,137.68 lakh from ₹80,072.23 lakh in FY24; total income was ₹157,975.05 lakh vs ₹80,372.22 lakh.

• Consolidated PBT was ₹15,482.61 lakh vs ₹6,166.75 lakh; PAT was ₹11,536.77 lakh vs ₹4,630.80 lakh.

• Standalone FY25 revenue from operations was ₹140,755.49 lakh vs ₹74,141.86 lakh; PAT was ₹10,312.68 lakh vs ₹4,061.06 lakh.

• H1 FY25 revenue was ₹483 Cr, vs ₹297 Cr in H1 FY24 and ₹117 Cr in H1 FY23.

• Consolidated finance costs were ₹2,486.36 lakh vs ₹885.67 lakh; depreciation was ₹362.55 lakh vs ₹95.31 lakh.

Outlook and guidance

• FY25 revenue had surpassed ₹1,000 Cr as of Jan. 31, 2025; H2 typically contributes ~65% of annual revenue.

• 2030 targets: ~$1 billion (₹10,000 Cr) revenue, top-five EPC ranking in India, and 10 GW capacity—6 GW Solar EPC, 2 GW BESS and other renewable EPC, and 2 GW Solar IPP.

• MOUs signed for Solar IPP projects with the Assam and Andhra Pradesh governments; plans include international expansion in telecom and renewable energy.