Saint-Gobain Sekurit India Reports Strong Financial Results for Q2 and Half-Year

Saint-Gobain Sekurit India , a leading player in the automotive glass sector, has announced its unaudited financial results for the quarter and half-year ended September 30. The Board of Directors approved these results at a meeting held on October 31.

Financial Highlights

Metric	Q2 FY2025	Q2 FY2024	YoY Change
Revenue	604.00	516.00	+17.1%
EBITDA	127.00	86.70	+46.5%
EBITDA Margin	21.00%	16.80%	+420 bps
Net Profit	108.00	83.00	+30.1%

For the half-year period, Saint-Gobain Sekurit India reported total revenue from operations of ₹5,162.28 crore, with a profit before tax of ₹2,858.30 crore.

Quarterly Performance

The company delivered a robust performance in the second quarter, with revenue climbing to ₹604.00 crore, marking a 17.1% increase from the same period last year. This growth in revenue suggests strong demand for the company's automotive glass products.

Profitability Boost

The company's profitability metrics have shown remarkable improvement. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) surged by 46.5% year-over-year to ₹127.00 crore. This substantial increase in EBITDA outpaced revenue growth, indicating enhanced operational efficiency and cost management.

The EBITDA margin expanded significantly from 16.80% in Q2 of the previous fiscal year to 21.00% in the current quarter, representing a 420 basis points improvement. This margin expansion reflects the company's ability to manage costs effectively while growing its top line.

Net profit for the quarter rose to ₹108.00 crore, up from ₹83.00 crore in the corresponding quarter of the previous year, representing a 30.1% increase. This growth in bottom-line performance underscores the company's ability to translate revenue growth into higher profitability.

Balance Sheet and Cash Flow

As of September 30, the company's total assets stood at ₹26,475.45 crore, compared to ₹25,280.97 crore as of March 31. Cash and cash equivalents decreased to ₹333.89 crore from ₹499.12 crore. The company paid dividends of ₹1,807.30 crore during the half-year period.

Market Implications

The strong quarterly results may positively impact investor sentiment towards Saint-Gobain Sekurit India. The company's ability to expand margins demonstrates its operational resilience and may be viewed favorably by market participants.

Saint-Gobain Sekurit India's performance in Q2 reflects its strong position in the automotive glass market. The company's ability to grow revenue and significantly improve profitability metrics may indicate positive trends in the automotive sector and effective execution of its business strategies.

Deloitte Haskins & Sells LLP conducted the limited review of the financial statements, ensuring compliance with Indian Accounting Standards and relevant regulations set by the Securities and Exchange Board of India (SEBI).

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.27%	+2.61%	+1.89%	+13.63%	-4.45%	+107.43%

Saint Gobain Sekurit India Limited, a prominent player in the automotive glass industry, has taken a significant step towards sustainable energy sourcing. The company's Board of Directors has given the green light for an investment of up to ₹2.21 crore in VEH Wind Energy Private Limited, marking a strategic move towards renewable energy adoption.

Investment Details

The investment, approved by the Board, is aimed at sourcing renewable energy, including wind and solar hybrid power. This initiative aligns with the growing trend of corporations investing in clean energy solutions to reduce their carbon footprint and operational costs.

Key points of the investment include:

Investment Amount: Up to ₹2.21 crore
Target Company: VEH Wind Energy Private Limited
Share Price: Equity shares priced at ₹10.00 each
Purpose: Sourcing renewable energy, including wind and solar hybrid power

Shareholding and Regulations

The investment will provide Saint-Gobain Sekurit India with proportionate shareholding in VEH Wind Energy, in accordance with prevailing electricity regulations. This structure ensures that the company's investment is compliant with the regulatory framework governing renewable energy partnerships.

Independence and Compliance

It's worth noting that VEH Wind Energy Private Limited is not related to Saint-Gobain Sekurit India's promoter or group companies. The Board has clarified that this transaction does not qualify as a related party transaction, emphasizing the arm's length nature of the deal.

Strategic Implications

This move by Saint-Gobain Sekurit India demonstrates the company's commitment to sustainable practices and could potentially lead to:

Reduced dependence on conventional energy sources
Lower long-term energy costs
Enhanced environmental credentials
Alignment with global sustainability goals

As companies worldwide face increasing pressure to adopt environmentally friendly practices, Saint-Gobain Sekurit India's investment in renewable energy sources positions it as a forward-thinking player in the automotive components sector.

The Board's decision to invest in VEH Wind Energy reflects a growing trend among Indian corporations to diversify their energy sources and contribute to the country's renewable energy targets. This strategic move may not only benefit Saint-Gobain Sekurit India's operational efficiency but also strengthen its market position as an environmentally conscious manufacturer.