Xpro India Limited · NSE:XPROINDIA
Xpro India — Q4 FY25 Earnings Presentation
48 slides from Xpro India's earnings presentation, May 30, 2025
Slide 1: Xpro India Limited Investor Presentation Q4-FY25 / FY25
Xpro India Limited Investor Presentation Q4-FY25 / FY25
Slide 2: Performance Overview
Performance Overview Q4 FY25 / FY25 FINANCIAL HIGHLIGHTS
Slide 3: Performance Overview
Performance Overview FY25 (Y-o-Y) Q4 FY25 (Q-o-Q) Highlights • The Company reaffirmed its operational resilience in a volatile business environment marked by supply chain worries, rising costs, geopolitical tensions, underscoring the efficacy of the operational strategies and competitive Revenue Rev
Slide 4: Q4FY25 Financial Performance (Standalone)
Q4FY25 Financial Performance (Standalone) Revenues (Rs. Crs) *EBITDA (Rs. Crs) PAT (Rs. Crs) 158.2 16.8 12.4 128.4 13.5 9.7 9.3 104.6 10.7 Q4 FY24 Q3 FY25 Q4 FY25 Q4 FY24 Q3 FY25 Q4 FY25 Q4 FY24 Q3 FY25 Q4 FY25 EPS (in Rs.) *EBITDA Margin (%) PAT Margin (%) 5.9 13.1 9.7 9.3 4.4 10.3 4.2 8.6 5.9 Q4 F
Slide 5: FY25 Financial Performance (Standalone)
FY25 Financial Performance (Standalone) Revenues (Rs. Crs) EBITDA* (Rs. Crs) PAT (Rs. Crs) +15.0% -19.5% -0.2% 535.3 66.1 43.9 43.8 465.4 53.2 FY24 FY25 FY24 FY25 FY24 FY25 Basic EPS (in Rs.) EBITDA Margin (%) PAT Margin (%) -13.3% -18.8% -12.8% 19.8 14.4 9.4 17.2 8.2 11.7 FY24 FY25 FY24 FY25 FY24 F
Slide 6: Capital Disciplined Growth
Capital Disciplined Growth * Net Worth stands at Rs. 616.9 crores (Rs. 560.5 crores previous year) RoCE# (%) RoE# (%) Net Debt to Equity (x) Net Debt 27.0% 34.3% 0.4 Negative 22.5% 22.4% 0.0 16.1% 11.1% *0.0 *8.3% *7.4% -0.5 FY 22 FY 23 FY 24 FY 25 FY 22 FY 23 FY 24 FY 25 FY 22 FY 23 FY 24 FY 25 Cas
Slide 7: Q4FY25 Profit & Loss Statement (Standalone)
Q4FY25 Profit & Loss Statement (Standalone) Particulars (Rs. Crs) Q4 FY25 Q4 FY24 Y-o-Y Q3 FY25 Q-o-Q FY25 FY24 Y-o-Y Revenue from Operations 158.2 128.4 23.2% 104.6 51.3% 535.5 465.4 15.0% Cost of Materials Consumed 117.4 89.1 75.6 386.5 317.2 Change in Inventories of finished goods, WIP and stock-
Slide 8: Balance Sheet (Standalone)
Balance Sheet (Standalone) EQUITY & LIABILITIES (Rs. Crs) Mar-25 Mar-24 ASSETS (Rs. Crs) Mar-25 Mar-24 Equity Share Capital 22.3 22.0 Property, Plant and Equipment 142.3 142.4 Other Equity 594.6 538.5 Right of Use of Assets 8.1 8.6 Capital Work-in-progress 194.1 21.7 Total Equity 616.9 560.5 Intangi
Slide 9: Abridged Cash Flow Statement (Standalone)
Abridged Cash Flow Statement (Standalone) Particulars (Rs in Cr) Mar-25 Mar-24 Profit before Tax 58.0 60.2 Operating profit before working capital changes 55.4 67.8 Changes in working capital (32.1) (15.1) Cash generated from operations 23.3 52.7 Direct taxes paid (net of refund) (13.8) (8.7) Net Ca
Slide 10: Q4FY25 Profit & Loss Statement (Consolidated)
Q4FY25 Profit & Loss Statement (Consolidated) Particulars (Rs. Crs) Q4 FY25 Q4 FY24 Y-o-Y Q3 FY25 Q-o-Q FY25 FY24 Y-o-Y Revenue from Operations 158.2 128.4 23.2% 104.6 51.3% 535.3 465.4 15.0% Cost of Materials Consumed 117.4 89.1 75.6 386.5 317.2 Change in Inventories of finished goods, WIP and stoc
Slide 11: Balance Sheet (Consolidated)
Balance Sheet (Consolidated) EQUITY & LIABILITIES (Rs. Crs) Mar-25 Mar-24 ASSETS (Rs. Crs) Mar-25 Mar-24 Equity Share Capital 22.3 22.0 Property, Plant and Equipment 142.3 142.4 Other Equity 588.0 538.5 Right of Use of Assets 37.0 8.6 Capital Work-in-progress 344.5 21.7 Total Equity 610.3 560.5 Inta
Slide 12: Abridged Cash Flow Statement (Consolidated)
Abridged Cash Flow Statement (Consolidated) Particulars (Rs in Cr) Mar-25 Mar-24 Profit before Tax 52.2 60.2 Operating profit before working capital changes 54.9 67.8 Changes in working capital (28.3) (15.1) Cash generated from operations 26.6 52.7 Direct taxes paid (net of refund) (13.8) (8.7) Net
Slide 13: Capital raise..
Capital raise.. In 2023-24, 14,35,750 warrants had been allotted on a preferential basis to 12 subscribers (including 1,05,750 to 2 promoter group entities) at an issue price of INR 975 per warrant, with an initial payment of 35% of the warrant price and the balance 65% payable at warrant holder’s o
Slide 14: Historical Performance Overview
Historical Performance Overview HISTORICAL FINANCIAL HIGHLIGHTS
Slide 15: Standalone Historical Performance
Standalone Historical Performance Revenue (Rs. Crs) *EBITDA (Rs. Crs) PAT (Rs. Crs) 511.0 535.3 74.4 44.9 45.4 43.9 43.8 471.7 465.4 63.9 66.1 53.2 FY 22 FY 23 FY 24 FY 25 FY 22 FY 23 FY24 FY25 FY 22 FY 23 FY 24 FY 25 Basic EPS (in Rs) *EBITDA Margin (%) PAT Margin (%) 25.36 25.57 14.6% 14.2% 9.5% 9
Slide 16: Historical Profit & Loss Statement (Consolidated)
Historical Profit & Loss Statement (Consolidated) Particulars (Rs. Crs) FY25 FY24 FY23 FY22 Revenue from Operations 535.3 465.4 511.0 471.7 Cost of Materials Consumed 386.5 317.2 347.0 328.0 Change in Inventories of finished goods, work-in-progress (3.7) (1.7) 3.2 (2.4) and stock-in-trade Gross Prof
Slide 17: Historical Balance Sheet (Consolidated)
Historical Balance Sheet (Consolidated) EQUITY & LIABILITIES (Rs. Crs) Mar-25 Mar-24 Mar-23 Mar-22 ASSETS (Rs. Crs) Mar-25 Mar-24 Mar-23 Mar-22 Equity Share Capital 22.3 22.0 18.2 11.8 Property, Plant and Equipment 142.3 142.4 150.8 159.4 Right of Use of Assets 37.0 8.6 9.1 8.8 Other Equity 588.0 53
Slide 18: Historical Cash Flow Statement (Consolidated)
Historical Cash Flow Statement (Consolidated) Particulars (Rs in Cr) Mar-25 Mar-24 Mar-23 Mar-22 Profit before Tax 52.2 60.2 59.2 40.6 Operating profit before working capital changes 54.9 67.8 75.9 65.0 Changes in working capital (28.3) (15.1) 5.8 (15.6) Cash generated from operations 26.6 52.7 81.8
Slide 19: Future Journey
Future Journey: • The significant manufacturer of dielectric films in India meeting about 30% of domestic needs. The balance presently met significantly through imports offers a natural market; • Capacitors essential to electricity distribution and consumption; A growing market with added thrust on
Slide 20: Future Journey (Contd.)
Future Journey (Contd.): • To build long-term business value in an effective way, we have prioritized fundamentals over short-term targets; • Our preferred approach to increasing business value is by investing for organic growth; • The Company intends to maintain a leadership position and increase m
Slide 21: The Company
The Company An introduction…
Slide 22: Diversified Business Operating In Niche Segments
Diversified Business Operating In Niche Segments Xpro India Limited: Is a diversified multi-divisional, multi-locational business catering to multiple end user industry segments and enjoying a strong Brand Equity Has core competencies in the polymer processing and co-extrusion industry with technica
Slide 23: Diverse Product Range for Specialized Applications
Diverse Product Range for Specialized Applications Dielectric / Capacitor Films Speciality Biaxially Oriented Polypropylene Films Coextruded Plastic Sheets Thermoformed Liners Cast Coextruded Films Investor Presentation Q4-FY25 / FY25 23
Slide 24: Diversified End Use
Diversified End Use Essential application in high growth & sunrise sectors White Goods, EV & Hybrid vehicles … Investor Presentation Q4-FY25 / FY25 24
Slide 25: Multi Location
Multi Location Greater Noida Delhi Barjora Kolkata Production Mumbai Facilities Ranjangaon Hyderabad Registered Office Corporate Chennai Office Other Offices Investor Presentation Q4-FY25 / FY25 25
Slide 26: Some of our Valued Partner Clients
Some of our Valued Partner Clients… • Impressive list of customers comprising leading Indian, and Transnational Companies • Xpro a key partner over many years • Customers recognise that Xpro builds in Quality and consistency • Xpro does not compromise in Safety, environment or regulatory requirement
Slide 27: Dielectric Films
Dielectric Films SIGNIFICANT DOMESTIC PRODUCER OF CAPACITOR/DIELECTRIC FILMS
Slide 28: Potential Uses of Biax Dielectric films
Potential Uses of Biax Dielectric films Capacitors for hybrid cars and EVs Application areas include ∙ Capacitors for use in Fan, Cooler, ∙ Microwave Oven Capacitors Washing Machine and Air ∙ Low Voltage industrial Power Conditioners Factor Correction Capacitors ∙ Power Transmission & Distribution ∙
Slide 29: Product Portfolio
Product Portfolio Dielectric Grade BOPP Film Dielectric / Capacitor Films • Specialty Biaxially Oriented BOPP Film – very different from packaging grade and other types of BOPP Films; • Xpro Biax Dielectric Films are specially designed polypropylene films manufactured by the stenter process on highl
Slide 30: Manufacturing Facilities
Manufacturing Facilities • Xpro is the significant domestic producer of Capacitor/Dielectric Films; • BOPP films produced with main equipment from leading European machine builders; • Core Film technology originally sourced from U.K.; • Dielectric film technology developed in-house and is constantly
Slide 31: Dielectric Film Unit at a glance
Dielectric Film Unit at a glance Investor Presentation Q4-FY25 / FY25 31
Slide 32: Key Milestones – Dielectric Films / Specialised BOPP Films
Key Milestones – Dielectric Films / Specialised BOPP Films 1992 Barjora Established 2002 Metalliser 2003 Pithampur Acquired 2005-09 Pithampur (JV) 2011 Pithampur Merged (exit in 2018) 2015 Dedicated Dielectric Film Unit 2025 New Dielectric Film Unit Investor Presentation Q4-FY25 / FY25 32
Slide 33: Coextruded Sheets & Cast Films
Coextruded Sheets & Cast Films LEADERSHIP POSITION IN SUPPLIES OF SHEETS/LINERS TO REFRIGERATOR INDUSTRY
Slide 34: Product Portfolio - Coextruded Plastic Sheets
Product Portfolio - Coextruded Plastic Sheets Coextruded Plastic Sheets Multi-layer Co-extruded Sheets • Xpro offers a wide range of mono-layer and coextruded plastic sheets, produced on highly sophisticated equipment based on various thermoplastic resins (such as PS, PP, ABS, PE etc.) specially des
Slide 35: Product Portfolio – Sheet & Thermoformed Components
Product Portfolio – Sheet & Thermoformed Components Sheet Applications • XPRO have several fully automatic specialized lines for continuous vacuum forming for thickwall applications at the Greater Noida and Ranjangaon units; • Thermoforming plants specially designed for high production requirements
Slide 36: Product Portfolio - Cast Coextruded Films
Product Portfolio - Cast Coextruded Films Cast Coextruded Films Xpro Cast Films are produced on the most sophisticated multilayer coextrusion film lines. A wide range of speciality cast films are offered including Release Films Hygiene Films Stretch Wrap Film Soft Blister Film Polyethylene based emb
Slide 37: Manufacturing Facilities
Manufacturing Facilities Greater Noida, (Uttar Pradesh) Ranjangaon, Maharashtra • Xpro is the predominant player and leader in supplies of Sheet/liner to the Indian Refrigerator Industry; • The Ranjangaon and Greater Noida Units are engaged in the manufacture of Coextruded Multilayer Plastic Sheets
Slide 38: Coex Division at a glance
Coex Division at a glance Investor Presentation Q4-FY25 / FY25 38
Slide 39: Key Milestones – Coex Division
Key Milestones – Coex Division 1984 1985 1993 & 1996 2001 Sheets Cast Films Significant Significant (Faridabad) (Faridabad) expansion expansion (sheets) (cast films) 2003 2004 2008 2008 Thermoforming Sheets Sheets Thermoforming (Gr. Noida) (new unit (new unit (Ranjangaon) Gr. Noida) Ranjangaon) 2010
Slide 40: Well Recognised…..
Well Recognised….. A sample representation of awards and other recognition earned by the Company for vendor support, product development, quality and excellence Investor Presentation Q4-FY25 / FY25 40
Slide 41: Certification
Certification At Xpro, we firmly recognize that total customer satisfaction is the key to our success. Our aim is to build sound customer relationships through creation of value for them, and in the process earn an equitable return for ourselves. Quality is built into products through appropriate ma
Slide 42: Some of our CSR Initiatives
Some of our CSR Initiatives Support to “Future Hope”, Kolkata which provides Anandam, Ambattur, Tamil Nadu towards learning opportunity through its homes, school, sports and Bharat Sevashram Sangha, Kolkata towards running centre for children with specific learning difficulties medical programme for
Slide 43: CSR & Dividend
CSR & Dividend CSR Contribution Dividend Distribution 109 441 413 68 236 48 18 2021-22 2022-23 2023-24 2024-25 2022-23 2023-24 2024-25 Amount ( In INR Lacs) Amount ( In INR Lacs) • As a responsible manufacturing organisation, we take pride in our commitment to the community and believe that our Soci
Slide 44: Board of Directors
Board of Directors Sri Sidharth Birla (Chairman) Sri K Balakrishnan (Independent Director) Entrepreneur with experience in industry and business of about 47 years, holds a B.Sc. (Hons.) from A qualified Chartered Accountant and Company Secretary with over three decades of professional University of
Slide 45: Board of Directors
Board of Directors Ms. Nandini Khaitan (Independent Director) Sri Manoj Mohanka (Independent Director) Has wide experience ranging from exporting garments, pharmaceuticals, market research and raising A partner of Khaitan & Co., she has been recognized as the Economic Times 40 under 40 Business Lead
Slide 46: Board of Directors
Board of Directors Sri Gaurav J Shah (Independent Director) Sri C Bhaskar (Managing Director & Chief Executive Officer) A seasoned Chartered Accountant with over four decades of expertise in Audit & Assurance, Taxation and A Chemical Engineer and a post-graduate from IIM, Calcutta, with experience o
Slide 47: Safe Harbor
Safe Harbor This presentation and the accompanying slides (the “Presentation”), which have been prepared by Xpro India Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities
Slide 48: xproindia
Company Investor Relations Advisor Xpro India Limited MUFG Intime India Private Limited CIN: L25209WB1997PLC085972 Mr. Irfan Raeen Mr. Kamal Kishor Sewoda irfan.raeen@in.mpms.mufg.com xproindia kamal.sewoda@xproindia.com www.xproindia.com A part of MUFG Corporate Markets, a division of MUFG Pension