BASF India Limited — Results, 14-05-2025: Integrated Filing- Financial

BASF India has announced a board meeting on May 14, 2025, to approve the financial results for the quarter and half-year.

1) Revenue Performance:

Consolidated revenue grew 10.6% YoY to Rs. 1,52,600 Cr, driven by higher sales in Agricultural Solutions, Materials, and Industrial Solutions segments.

2) Profitability and EPS:

Net profit declined 11.6% YoY to Rs. 4,787 Cr due to rising input costs and exceptional items. EPS dropped to Rs. 110.7 from Rs. 130.1 last year. Profit before tax fell 15% to Rs. 6,461 Cr, with margin pressure from inflation but cost management supporting profitability.

3) Operational Costs:

Raw material expenses surged to Rs. 13,572 Cr from Rs. 10,688 Cr, reflecting inflationary impacts. Employee costs remained steady at Rs. 1,583 Cr while depreciation was stable. Expense growth outpaced revenue, tightening margins.

4) Key Metrics:

EBITDA declined to Rs. 6,463 Cr from Rs. 7,589 Cr due to commodity price hikes and cost pressures. Agricultural Solutions and Materials showed solid growth, though Surface Technologies faced some challenges.

5) Balance Sheet / Cash Flow Health:

Net debt improved slightly with disciplined working capital management despite Rs. 200 Cr in capex. Cash balances rose to Rs. 776 Cr, and operating cash flow remained robust at Rs. 7,327 Cr, indicating healthy liquidity.

6) Strategic Outlook:

BASF completed full acquisition of BASF Agricultural Solutions India Ltd, strengthening its agri-business focus. A 200% dividend underscores confidence in steady cash flow. Plans for demerger of the Agricultural Solutions business aim to unlock focused growth.

Final Takeaway:

BASF India delivered steady top-line growth amid cost headwinds, impacting profits and margins. Strong cash flow and a healthy balance sheet support stable momentum, backed by strategic acquisitions and cost control—an appealing profile for investors seeking exposure to chemicals and agri-solutions sectors.