Transformer Oil Company Reports 78 Per Cent PAT Decline; Revenue Slips Marginally
The company's net profit plummeted 78 per cent year-on-year (YoY) to Rs 15.1 crore, compared to Rs 68.4 crore in Q3 FY24.
Savita Oil Technologies Ltd posted a weak set of numbers for Q3 FY25, with profitability taking a major hit. The company's net profit plummeted 78 per cent year-on-year (YoY) to Rs 15.1 crore, compared to Rs 68.4 crore in Q3 FY24. Meanwhile, Revenue from operations dipped marginally by 1 per cent YoY to Rs 945.4 crore, down from Rs 958.4 crore in the same period last year.
Financial Performance
Savita Oil Technologies Ltd witnessed a sharp 74 per cent decline in EBITDA, which stood at Rs 21.9 crore in Q3 FY25, compared to Rs 85.5 crore a year ago. The EBITDA margin saw significant contraction, reflecting the challenging business environment.
The company's earnings per share (EPS) also plummeted by 78 per cent, falling to Rs 2.19 from Rs 9.89 in Q3 FY24.
Stock Performance
Despite the weak results, Savita Oil Technologies' stock has remained relatively stable over the past year, gaining 2.87 per cent, compared to the Nifty’s 6.73 per cent rise in the same period. Over a three-year horizon, however, the stock has delivered 100.39 per cent returns. The company's current market capitalization stands at Rs 2,927 crore.
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About the Company
Established in 1961, Savita Oil Technologies Ltd is a key player in the specialty petroleum products segment, manufacturing transformer oils, white oils, lubricants, and waxes. The company commands a one-third market share in India's domestic transformer and white oil segments and is among the top two suppliers of white and mineral oils in the country.
Savita Oil has a vast distribution network with 41 stock points, 20,000 retailers, 1,500 franchisee dealers, and 400 distributors. Additionally, it exports its products to over 75 countries worldwide.
Disclaimer: This article is for informational purposes only and not an investment advice.