SPR Auto Technologies (SHRIPISTON) Q2 24/25 earnings summary

Executive summary

• Achieved strong consolidated performance with 17% year-on-year revenue growth in Q2 and H1 FY25, with EBITDA and PAT up by 15% and 13% respectively, driven by robust demand, operational excellence, and diversification into electric mobility and precision molding.

• Board approved unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2024.

• Board changes included cessation and reappointment of alternate directors on October 28, 2024.

Financial highlights

• Q2 FY25 consolidated total income: INR 9.069 billion, up 17.1% year-on-year; EBITDA: INR 2.083 billion, up 15.4%; PAT: INR 1.259 billion, up 11.4%.

• H1 FY25 consolidated total income: INR 17.703 billion, up 17.2% year-on-year; EBITDA: INR 4.001 billion, up 15.7%; PAT: INR 2.430 billion, up 13.3%.

• Standalone Q2 FY25 total income: INR 8.230 billion, up 6.5% year-on-year; EBITDA: INR 1.958 billion, up 8%; PAT: INR 1.246 billion, up 8.7%.

• Standalone H1 FY25 total income: INR 16.085 billion, up 6.9% year-on-year; EBITDA: INR 3.765 billion, up 8.4%; PAT: INR 2.390 billion, up 9.6%.

• Net-debt free position maintained; debt-equity ratio at 0.13 in FY24.

Outlook and guidance

• Expecting to outgrow the market in H2 FY25, leveraging new business wins, improved export prospects, and expansion into EV and precision molding.

• Anticipates sustained performance in all business segments, with industry demand expected to recover during the festival season.

• Continued focus on innovation, sustainability, and expanding global reach.