Wendt (India) Reports Mixed Q4 Results with Revenue Growth and Profit Dip

2 min read     Updated on 23 Apr 2025, 04:59 PM
scanxBy ScanX News Team
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Overview

Wendt (India) Limited announced its Q4 and FY2024-25 results. Q4 revenue increased 8% YoY to ₹756.00 crore, but net profit declined 3.81% to ₹128.90 crore. For FY2024-25, total sales grew 3% to ₹2,119.70 crore, with domestic sales up 7% but export sales down 12%. Consolidated PAT decreased 4% to ₹394.80 crore. The company declared a total dividend of ₹50.00 per share for the year.

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*this image is generated using AI for illustrative purposes only.

Wendt (India) Limited , a leading manufacturer of super abrasives, precision components, and specialty application products, has announced its financial results for the fourth quarter and full year ended March 31, 2025. The company reported a mixed performance, with revenue growth accompanied by a slight decline in profitability.

Q4 Performance Highlights

For the quarter ended March 31, 2025, Wendt (India) achieved the following results:

  • Revenue from operations increased to ₹756.00 crore, up from ₹700.00 crore in the same quarter last year, marking an 8.00% year-over-year growth.
  • Consolidated net profit decreased to ₹128.90 crore from ₹134.00 crore in Q4 of the previous year, representing a 3.81% decline.
  • EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) rose to ₹183.50 crore.
  • EBITDA margin slightly declined to 24.27%.

Full Year FY2024-25 Results

On a standalone basis for the full fiscal year 2024-25, Wendt (India) reported:

Metric FY2024-25 (₹ crore) YoY Change
Total sales 2,119.70 +3.00%
Domestic sales 1,683.40 +7.00%
Export sales 436.20 -12.00%
Profit After Tax (PAT) 382.90 -3.00%

The increase in domestic sales was driven by higher sales to major user industries such as auto ancillaries, steel, bearings, ceramics, and cutting tools. The decline in export sales was attributed to geopolitical uncertainties and recession across many countries.

Consolidated Performance

On a consolidated basis, including its wholly-owned subsidiary in Thailand, Wendt (India) reported:

  • Sales of ₹2,311.40 crore for FY2024-25, a 3.00% increase from the previous year.
  • PAT of ₹394.80 crore, down 4.00% compared to FY2023-24.

Dividend Declaration

The Board of Directors has recommended:

  • A final dividend of ₹20.00 per share (200% on face value of equity shares of ₹10.00 each) for FY2024-25.
  • This is in addition to the interim dividend of ₹30.00 per share declared earlier.
  • The total dividend for the year amounts to ₹50.00 per share (500% of face value).

Subsidiary Performance

Wendt Grinding Technologies Ltd, the company's wholly-owned subsidiary in Thailand, achieved:

  • Sales of ₹215.40 crore during the year
  • PAT of ₹13.70 crore

Future Outlook

While Wendt (India) has shown resilience in its revenue growth, particularly in the domestic market, the company faces challenges in its export business due to global economic uncertainties. The slight decline in profitability suggests potential pressure on margins, which may require careful management of costs and product mix going forward.

The company's focus on serving major industrial sectors and its dividend payout indicate a stable financial position, despite the minor setbacks in profitability. Investors and stakeholders will likely be watching how Wendt (India) navigates the ongoing global economic challenges and maintains its market position in the coming quarters.

Historical Stock Returns for Wendt

1 Day5 Days1 Month6 Months1 Year5 Years
-2.41%-13.03%-17.24%-42.26%-38.72%+328.91%

Wendt India Completes €3.8 Million Trademark Acquisition from Wendt GmbH

1 min read     Updated on 28 Mar 2025, 08:44 PM
scanxBy ScanX News Team
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Overview

Wendt India Limited has completed the acquisition of the 'Wendt' brand and associated trademarks from its German promoter, Wendt GmbH, for €3.80 million (approx. ₹34.20 crore). The deal includes over 60 trademark registrations across 40 countries. The company has also announced the closure of its trading window from April 1 to April 25, 2025, ahead of its annual financial results publication.

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*this image is generated using AI for illustrative purposes only.

Wendt India Limited , a prominent player in the Indian manufacturing sector, has successfully concluded a significant intellectual property transaction with its German promoter, Wendt GmbH. The company has finalized the acquisition of the "Wendt" brand and associated trademarks in a deal valued at €3.80 million (approximately ₹34.20 crore).

Trademark Acquisition Details

The trademark assignment agreement, initially announced on January 21, 2025, has now been fully executed. Wendt India Limited has remitted the full purchase consideration of €3.80 million to Wendt GmbH, securing absolute ownership of the "Wendt" brand and trademarks. This acquisition encompasses over 60 trademark registrations across 40 countries, previously owned by Wendt GmbH and its global affiliates.

Strategic Implications

This move represents a significant step for Wendt India Limited, potentially strengthening its brand presence both domestically and internationally. By acquiring the trademark rights, the company gains greater control over its brand identity and may enhance its market positioning across various geographies.

Regulatory Compliance

The transaction has been conducted in full compliance with regulatory requirements. Wendt India Limited obtained shareholders' approval for this related party transaction, as mandated under Regulation 23 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Company Update

In a separate announcement, Wendt India Limited has also informed the stock exchanges about the closure of its trading window from April 1, 2025, to April 25, 2025. This closure is in line with the company's Code of Conduct and is related to the upcoming publication of audited financial results for the year ending March 31, 2025.

Conclusion

The trademark acquisition marks a notable corporate action for Wendt India Limited, potentially impacting its brand strategy and global market presence in the coming years. Investors and industry observers will likely monitor how the company leverages this newly acquired intellectual property to drive growth and enhance its market position.

Historical Stock Returns for Wendt

1 Day5 Days1 Month6 Months1 Year5 Years
-2.41%-13.03%-17.24%-42.26%-38.72%+328.91%
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