KRBL Ltd (BOM:530813)
₹ 393.5 -1.9 (-0.48%) Market Cap: 90.07 Bil Enterprise Value: 81.79 Bil PE Ratio: 11.87 PB Ratio: 1.55 GF Score: 78/100

Q3 2025 KRBL Ltd Earnings Call Transcript

Feb 07, 2025 / 06:30AM GMT
Release Date Price: ₹301.55 (+5.14%)

Key Points

Positve
  • KRBL Ltd (BOM:530813) recorded the highest ever quarterly revenue in the export segment, with export revenue in Q3 FY25 standing at INR567 crores, reflecting a 104% growth year over year.
  • The company has successfully started exporting to Saudi Arabia, with expectations to reach significant business levels in the coming quarters.
  • KRBL Ltd (BOM:530813) has expanded its retail reach to an all-time high of 4.15 lakh outlets, reflecting a net increase of 40,000 stores over the previous year.
  • The company launched a new health-focused brand, Uplife, entering the rapidly growing health and wellness space with products like healthy edible oils.
  • KRBL Ltd (BOM:530813) has reduced its net debt significantly, standing at INR92 crores as of December 31, 2024, down from INR901 crores the previous year.
Negative
  • Basmati rice export realizations have declined by 7%, reflecting price pressure in the international market.
  • The domestic revenue declined by 4% against the corresponding quarter due to regional rice portfolio optimization and temporary softness in bulk pack realizations.
  • The company faces continuous pressure on price realization, with average price realization declining nearly 15% over a period of 18 to 20 months.
  • Freight costs have impacted EBITDA margins by 2 percentage points due to higher export volumes, increased freight rates, and a higher share of CIS sales.
  • KRBL Ltd (BOM:530813) has lost some market share to Pakistan during the period of export curbs, although efforts are being made to recover it.
Operator

Ladies and gentlemen, good day. And welcome to KRBL Limited Q3 FY25 earnings conference call.

(Operator Instructions)

I now hand the conference over to Mr. Ashish Jain, Chief Financial Officer KRBL Limited. Thank you and over to Mr. Jain.

Ashish Jain
KRBL Ltd - Chief Financial Officer

Good afternoon. All participants. Welcome to the earnings call of KRBL Limited. I have with me four sets of speakers today. First Mr. Anil Mittal, our Chairman and Managing Director will give you an update on the industry trend, our strategy and the export segment.

After that, Ayush our Business Head for the domestic business will give you an update on the domestic business and I will present an update on the financials of the company. We also have Mr. Arun Gupta Joint Managing Director on the call with us. I would now hand over to our Chairman, Mr. Anil Mittal for his comments.

Anil Mittal
KRBL Ltd - Executive Chairman of the Board, Managing Director

Good afternoon, everyone.

Wishing you all a

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