Elantas Beck Limited, a leading manufacturer of electrical insulation materials, has reported robust financial results for the second quarter and first nine months of 2025, along with key corporate updates.

Q2 and Nine-Month Financial Highlights

The company's unaudited financial results for the quarter ended September 30, 2025, show significant growth compared to the same period last year:

The company's performance in Q2 2025 was particularly strong, with revenue from operations increasing by 17.96% year-over-year to INR 216.55 crores. Net profit for the quarter rose by 16.71% to INR 36.26 crores, compared to INR 31.07 crores in the same quarter last year.

For the nine-month period ended September 30, 2025, ELANTAS Beck India reported a revenue of INR 632.61 crores, up 14.70% from the previous year. However, net profit for this period saw a marginal decline of 1.28% to INR 108.41 crores.

Segment-wise Performance

The company operates in two main segments:

1. Electrical Insulations
2. Engineering & Electronic Resins and Materials

For Q2 2025:

• The Electrical Insulations segment generated revenue of INR 172.56 crores
• The Engineering & Electronic Resins and Materials segment contributed INR 43.85 crores

Both segments showed improved profitability, with Electrical Insulations reporting a profit of INR 30.99 crores and Engineering & Electronic Resins and Materials segment posting a profit of INR 12.50 crores for the quarter.

Appointment of New Statutory Auditors

In a significant corporate development, ELANTAS Beck India's Board of Directors has approved the appointment of M/s. M S K A & Associates, Chartered Accountants, as the company's new Statutory Auditors. This appointment is for a term of five consecutive years, from the financial year 2026 to 2030, subject to shareholder approval at the upcoming 70th Annual General Meeting.

M S K A & Associates will replace the current auditors, M/s. Price Waterhouse Chartered Accountants LLP, whose term concludes at the end of the 70th AGM. The new auditors bring extensive experience across various industries and markets, which is expected to benefit ELANTAS Beck India's financial reporting processes.

Other Corporate Updates

The company also announced amendments to its Code of Fair Disclosure and insider trading policies, in compliance with SEBI regulations. These changes aim to enhance transparency and corporate governance practices.

Outlook

While ELANTAS Beck India has shown strong growth in the second quarter, the slight dip in nine-month profitability suggests some challenges in the broader economic environment. However, the company's robust revenue growth and segment-wise performance indicate resilience in its core business areas.

The appointment of new auditors and updates to corporate policies demonstrate the company's commitment to maintaining high standards of financial reporting and corporate governance, which may positively influence investor confidence in the long term.

Elantas Beck India Limited, a leading manufacturer of electrical insulation materials, has reported strong financial results for the second quarter. The company's performance showcases significant growth across key financial metrics, indicating improved operational efficiency and profitability.

Financial Highlights

Revenue and Profitability

Elantas Beck demonstrated robust top-line growth, with revenue increasing to ₹216.00 crore in Q2 FY2024, up from ₹184.00 crore in the same period last year, marking a 17.39% year-over-year growth. This significant increase in revenue reflects the company's strong market position and effective sales strategies.

The company's bottom line also showed impressive growth, with net profit rising to ₹36.25 crore from ₹31.06 crore in the corresponding quarter of the previous year, representing a 16.71% increase. This growth in net profit underscores Elantas Beck's ability to effectively manage costs while expanding its revenue base.

Operational Efficiency

Elantas Beck's operational efficiency saw a marked improvement, as evidenced by the substantial growth in EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization). The EBITDA for Q2 FY2024 stood at ₹47.18 crore, a significant increase from ₹33.15 crore in Q2 FY2023, reflecting a robust 42.32% year-over-year growth.

The EBITDA margin expanded by 3.73 percentage points, reaching 21.79% compared to 18.06% in the same quarter last year. This expansion in EBITDA margin indicates the company's success in improving its operational efficiency and cost management strategies.

Conclusion

Elantas Beck's Q2 FY2024 results demonstrate the company's ability to drive growth and improve profitability in a competitive market. The significant increases in revenue, net profit, and EBITDA, coupled with margin expansion, reflect the company's strong operational performance and effective business strategies.