Orient Bell Limited — PPTs, 25-01-2025: Investor Presentation

**Financial Highlights:** Orient Bell Ltd. reported revenues of ₹163.0 crore for Q3 FY25, experiencing a slight year-on-year growth of 0.5% and a quarter-on-quarter increase of 1.7%. For the first nine months of FY25, revenues reached ₹471.5 crore, up 1.2% from the previous year. The gross margin improved to 35.2%, driven by a favorable product mix following the expansion of the Glazed Vitrified Tiles (GVT) segment, which saw a 13% increase in sales.

**Strategic Initiatives and Growth Drivers:** The company remains focused on improving operational efficiency, achieving a 4.1% reduction in the cost of production year-on-year. Their proactive marketing investments and revamped tile portfolio are aimed at capturing market share in a sluggish economic environment.

**Business Developments:** A new GVT production line was commissioned at the Dora facility, enhancing overall capacity. The active count of tile boutiques stands at 375, reflecting the ongoing expansion of direct retail channels.

**Market Position and Competitive Advantage:** Orient Bell has maintained a healthy balance sheet with a debt-equity ratio of 0.1x, underscoring its financial stability. The company benefits from strong brand recognition and a robust network of over 2,000 business partners.

**Investor Implications:** With a positive outlook supported by ongoing operational enhancements and market positioning, investors may find potential growth opportunities as the company adapts to current market challenges.