Sahyadri Industries Limited — Investor Meet, 03-06-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Sahyadri Industries reported Q4 revenue of INR152.6 Cr, down 1.4% YoY but up 15.9% QoQ. EBITDA fell 6.3% YoY to INR13.9 Cr with 9.1% margins. FY25 revenue declined 4.6% to INR608.8 Cr; EBITDA dropped 17.8% to INR58 Cr; PAT fell 26.2% to INR19.5 Cr. Non-asbestos products now 26% of sales, with value-added products at 14%, targeting 20% in FY26. Capacity utilization at 68%, southern plants lower at 45-60%. Expansion delayed due to land issues, with new plants expected by FY27 Q4/FY28 Q4. Management expects FY26 growth from southern markets and operational improvements. Net debt has reduced, supporting financial health. Export focus remains a key growth driver.