Tonbo Imaging India (TONBO) Q4 24/25 earnings summary

Executive summary

• FY25 revenue from operations rose to ₹469.08 crore from ₹428.19 crore; profit after tax increased to ₹72.70 crore from ₹68.54 crore.

• Auditors issued an unmodified opinion and concluded internal financial controls were adequate and operating effectively at March 31, 2025.

Financial highlights

• Total income was ₹474.39 crore versus ₹431.90 crore; profit before tax was ₹99.16 crore versus ₹94.55 crore.

• Total expenses rose to ₹374.46 crore from ₹336.94 crore; employee benefits increased to ₹44.29 crore from ₹13.06 crore, including a ₹10.24 crore ESOP expense versus a ₹0.73 crore write-back in FY24.

• Depreciation and amortisation increased to ₹26.59 crore from ₹13.40 crore, including ₹23.03 crore amortisation of intangible assets.

• Trade receivables reached ₹210.31 crore from ₹93.64 crore; cash and bank balances were ₹101.28 crore versus ₹115.67 crore.

Segment performance

• Operations comprised one reportable segment: vision technology products and solutions, with a single operating location in Bengaluru.

• FY25 external revenue was ₹307.34 crore from exports and ₹157.04 crore domestically; FY24 was ₹208.15 crore and ₹174.86 crore, respectively.

• Two major customers contributed ₹337.31 crore, or 72.64% of FY25 revenue, compared with ₹234.46 crore, or 61.22%, in FY24.