Heubach Colorants India Reports Robust Q1 Performance with 21.5% Revenue Growth
Heubach Colorants Limited announced robust Q1 financial results, showcasing significant growth. Revenue from operations increased by 21.5% to Rs 210.72 crore, while net profit more than tripled. The EBITDA margin improved to 13.6% from 7.5%, and gross margin rose to 42.2% from 40.9%. The company's growth was driven by strong volume expansion across segments and improved operational efficiency, with employee costs declining by 12.2% year-on-year. Recent management changes include the appointment of Mr. Sambit Roy as Managing Director and the resignation of Mr. Abhijit Naik as Head of Operations. Sudarshan Chemical Industries has acquired indirect control of the company through its subsidiary. An ongoing review of an unauthorized asset transfer to a related party is underway.
16Jul 25
Heubach Colorants Reports Strong Q1 Performance with 82% Surge in Net Profit
Heubach Colorants India Limited announced impressive Q1 financial results, with net profit soaring 82.2% to ₹106.40 crore from ₹58.40 crore year-over-year. Revenue increased by 7.5% to ₹220.28 crore. The company's total income rose 9.3% to ₹229.73 crore, while other income grew 76.3% to ₹9.45 crore. Earnings per share jumped to ₹4.61 from ₹2.53. Despite revenue growth, the company effectively managed expenses, with total expenses increasing only 3.3% to ₹208.18 crore, indicating improved operational efficiency.
21Feb 25
Sudarshan Group's Acquisition of Heubach Group's Pigment Business on Track for March 2025 Completion
Heubach Colorants India Limited announced that the acquisition of Heubach Group's global pigment business by Sudarshan Group is progressing well and expected to be completed by March 2025. All necessary anti-trust approvals have been obtained, marking a significant milestone in the process. The acquisition represents a major consolidation in the colorants and pigments industry, potentially reshaping market dynamics and competitive landscapes.
20Feb 25
Sudarshan Group Set to Acquire Heubach Group's Global Pigment Business by March 2025
Heubach Colorants India Limited announced that the Sudarshan Group is progressing with its acquisition of Heubach Group's global pigment business operations. All necessary anti-trust approvals have been obtained, and the transaction is expected to complete by March 2025. This strategic move, initially disclosed in October 2024, is set to reshape the colorants industry landscape.