Ceinsys Tech (538734) Q4 24/25 earnings summary

Executive summary

• Operational revenues for Q4 FY25 grew 81.9% YoY to INR 142 crore, with EBITDA up 116% to INR 27 crore and net profit up 89% to INR 22 crore, reflecting strong project execution and operational efficiency.

• For FY25, operational revenues reached INR 418 crore (up 65% YoY), EBITDA rose 77% to INR 78 crore, and net profit surged 81% to INR 63 crore, with a PAT margin of 15.12%.

• Board approved audited standalone and consolidated financial results for the quarter and year ended March 31, 2025, with unmodified audit opinions from statutory auditors.

• The company’s strategic focus on Technology Solutions led to this segment comprising 51% of total turnover, up from 24% last year.

• Major contracts secured include a River Linking Project (INR 381 crore), an IoT-based water project (INR 332 crore), and a GIS enterprise contract (INR 229 crore).

Financial highlights

• Standalone revenue from operations for FY 2024-25 was Rs. 39,973 lakhs, up from Rs. 23,347 lakhs YoY; consolidated revenue was Rs. 41,806 lakhs, up from Rs. 25,294 lakhs.

• Standalone net profit for FY 2024-25 was Rs. 8,138 lakhs, up from Rs. 3,595 lakhs; consolidated net profit was Rs. 6,324 lakhs, up from Rs. 3,500 lakhs.

• Q4 FY25 EBITDA margin was 18.82%; PAT margin stood at 15.38%.

• Employee costs as a percentage of revenue declined to 30% from 35% YoY.

• Board recommended a 35% dividend, up from 25% last year, and a final dividend of Rs. 3.50 per share for FY 2024-25.

Outlook and guidance

• Management expects continued growth, with a focus on expanding Technology Solutions and international business.

• Order pipeline remains robust, with INR 300–400 crore targeted in new orders each quarter.

• No headwinds anticipated from government policy changes; Jal Jeevan Mission and other initiatives continue to offer significant opportunities.

• New leadership appointments and internal audit enhancements signal focus on governance and growth.