During Tuesday’s trading session, shares of one of the largest agriculture companies worldwide surged nearly 3.4 percent on NSE, following the announcement of robust H2 FY25 results with a net profit growth of around 127 percent HoH and 19 percent YoY.
With a market capitalisation of Rs. 802 crores, the shares of V Marc India Limited hit a 2 percent upper circuit at Rs. 328.45 on NSE, as against its previous closing price of Rs. 322.05.
What’s the News
For H2 FY25, V Marc India reported a revenue from operations of Rs. 560 crores, reflecting a rise of around 62 percent HoH from Rs. 345 crores in H1 FY25, and a year-on-year growth of around 44 percent from Rs. 390 crores in H2 FY24. High operating revenue led by improved demand across segments, backed by wider geographic reach and increased dealer activity.
The net profit increased to Rs. 25 crores in H2 FY25, marking a nearly 127 percent HoH rise from Rs. 11 crores in H1 FY25, and around a 19 percent YoY rise compared to Rs. 21 crores in H2 FY24. PAT growth is supported by healthy topline growth; however, profitability was partially impacted by elevated costs from expansion initiatives.
EBITDA grew to Rs. 63 crores in H2 FY25, representing a nearly 31 percent YoY rise from Rs. 48 crores in H2 FY24, while EBITDA margins stood at 11 percent in H2 FY25, down from 12 percent posted in H2 FY24.
Higher sales volumes supported EBITDA growth despite rising cost pressures. However, a decline in EBITDA margins reflects higher employee costs tied to capacity enhancement and new market entry in the retail business, while the sequential improvement signals early benefits of operating leverage.
Management Outlook
The company maintains a revenue growth guidance of 40-50 percent for FY26, supported by expanded production capacity, sustained product innovation, and an enhanced distribution network.
EBITDA margins are expected to be in the range of 11-12 percent over the coming years, driven by a stronger focus on high-margin products, retail segment, deeper backwards integration, ongoing operational efficiencies, and strategic R&D investments.
V Marc’s capacity expansion plans remain on schedule, with a clear roadmap toward achieving a production capacity of 7 lakh kms over the next five years and 2.12 lakh kms for FY26, up from 1.69 lakh kms in FY25. This expansion is expected to enhance the company’s ability to meet rising demand, broaden its product portfolio, and increase geographic reach.
About the company
V-Marc India Limited is engaged in the business of manufacturing of PVC Insulated Wires and Cables. The company is one of the leading manufacturers of LT/HT Power (up to 33kv), control, aerial bunch cables, domestic & industrial/flexible wires & cables as per BIS standards.
Written by Shivani Singh
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