Savita Oil Technologies (SOTL) Q3 24/25 earnings summary

Executive summary

• Q3 FY25 revenue was Rs 952 crore, with stable overall sales volumes and double-digit growth in the Lubricant Division; PBT for the quarter was Rs 15.1 crore despite a significant drop in crude prices and international market challenges.

• Lubricant and Transformer oil segments saw strong YoY volume growth, while White & Mineral Oils demand was muted, reflecting broader FMCG trends.

• DEF volumes grew 58% YoY, and the company received key customer approvals for new Esters in Power and EV sectors.

• Board approved unaudited standalone and consolidated financial results for the quarter and nine months ended 31st December 2024.

• Statutory auditors conducted a limited review and found no material misstatements in the results.

Financial highlights

• Q3 FY25 total income was Rs 951.8 crore, down 3.1% YoY; EBITDA fell 74% YoY to Rs 28.3 crore, with margin at 3.0%.

• Q3 FY25 PAT was Rs 12.5 crore, down 81.5% YoY; EPS at Rs 1.82.

• 9M FY25 revenue grew 1.1% YoY to Rs 2,849.6 crore; EBITDA dropped 42.9% YoY to Rs 153.4 crore.

• 9M FY25 PAT was Rs 84 crore, down 50.6% YoY; PAT margin at 2.9%.

• Consolidated Q3 FY25 revenue was ₹94,543.83 lakhs, with net profit after tax at ₹1,247.98 lakhs.

Outlook and guidance

• Expectation of margin normalization as crude prices stabilize and rupee depreciation impact eases.

• Anticipates gradual pickup in White & Mineral Oils demand in line with FMCG sector recovery.

• Confident in rapid growth for new Esters in Power and EV segments.

• No explicit forward-looking guidance provided, but results reviewed and approved by the Board and Audit Committee.