Kamdhenu Limited — Updates, 11-11-2024: Press Release
Kamdhenu Limited reported a robust financial performance for Q2 and H1 FY25, with revenue from operations reaching ₹190 crore, up 3% year-over-year. Profit Before Tax (PBT) surged to ₹20.9 crore, reflecting a 55% increase, and PBT margins improved significantly from 7.3% to 11.0%. The company's profits after tax also increased by 56% to ₹15.9 crore. This growth was attributed to heightened construction activities and a notable 11% increase in franchise volume sales.
With government initiatives promoting infrastructure development, Kamdhenu is positioned for further growth, particularly given the 20% market share in the branded TMT bar sector. The franchise model has supported revenue from royalty income, which rose to ₹33 crore, demonstrating effective market penetration without heavy capital investments. The company aims to double sales within the next 4-5 years, backed by strong brand recognition and a commitment to quality and reliability, which distinguish it in a competitive market landscape. Investors should monitor Kamdhenu's continued performance amid these positive trends.
