Mr D.I.Y. Group (MRDIY) Q3 2025 earnings summary

Executive summary

• Revenue for 3QFY2025 rose 5.6% year-over-year to RM1,198.5 million, driven by new store openings, despite lower like-for-like sales and challenging market conditions.

• Net profit for the quarter increased 11.9% year-over-year to RM136.1 million, with gross profit margin expanding to 47.3%.

• The Group opened 26 net new stores in the quarter, bringing the total to 1,528, a 10% increase year-over-year.

Financial highlights

• Gross profit for 3QFY2025 was RM566.7 million, up 9.9% year-over-year, with margin improvement attributed to lower inventory costs and a stronger Ringgit.

• Profit before tax for the quarter was RM183.8 million, up 11.7% year-over-year.

• For the nine months ended September 2025, revenue increased 5.6% year-over-year to RM3,669.8 million, and net profit rose 11.2% to RM468.8 million.

• Administrative expenses remained stable, while other operating expenses increased due to higher staff and utility costs, and depreciation.

• Basic and diluted EPS for 3QFY2025 were 1.44 sen, compared to 1.29 sen in 3QFY2024.

Outlook and guidance

• The Group remains optimistic about the retail sector, supported by government spending, economic improvements, and a strengthening Ringgit.

• Plans to open approximately 155 new stores in FY2026 to deepen market penetration.

• Management does not anticipate material impact from recent policy changes, including SST expansion and EPF adjustments.

• A third interim dividend of RM123.2 million was declared, representing a 90.5% payout ratio of PAT.