| Consolidated net sales (including other operating income) of Vesuvius India for the quarter ended Dec 2025 has increased 8.28% to Rs 550.77 crore. Operating profit margin has jumped from 16.11% to 16.99%, leading to 14.26% rise in operating profit to Rs 93.60 crore. Raw material cost as a % of total sales (net of stock adjustments) increased from 34.66% to 39.19%. Purchase of finished goods cost fell from 18.88% to 16.34%. Employee cost increased from 6.99% to 7.43%. Other expenses fell from 21.53% to 19.68%. Other income up 353.93% to Rs 33.5 crore. PBIDT rose 42.33% to Rs 127.1 crore. Provision for interest up 3.33% to Rs 0.31 crore. PBDT rose 42.46% to Rs 126.79 crore. Provision for depreciation rose 37.84% to Rs 17.45 crore. Profit before tax grew 43.23% to Rs 109.34 crore. Provision for tax was expense of Rs 29.11 crore, compared to Rs 16.41 crore. Effective tax rate was 26.62% compared to 21.50%. Profit after tax rose 33.87% to Rs 80.23 crore. Following the commencement of commercial operations at the Company`s new Al-Si Monolithic Plant located at Plot Nos. 70, 71, 72 & 74, E-Bhonangi, Parwada
Industrial Area, Lankelapalem, Anakapalli - 531021, the Company ceased operations and closed its erstwhile Plant situated at Plot Nos. 13-15, Block E, IDA, Visakhapatnam
- 530012 and closed the said Plant with effect from October 13, 2025. The Company has subsequently sold the land along with the structures situated at this plant on
October 24, 2025, for a total consideration of Rs 30.51 crore. The Company has recognised gain of Rs 25.26 crore on account of sale of the aforesaid plant and corresponding
income tax expense amounting to Rs 8.19 crore in accordance with the provisions of the Income-Tax Act, 1961 and included the same under the head "Other Income" and
"Current tax" respectively. The closure of the Plant and the sale of land along with the structures are not expected to have any material adverse impact on the business
operations or revenue of the Company. Full year results analysis
Net sales (including other operating income) of Vesuvius India has increased 12.62% to Rs 2,104.33 crore. Operating profit margin has declined from 18.59% to 17.12%, leading to 3.71% rise in operating profit to Rs 360.30 crore. Raw material cost as a % of total sales (net of stock adjustments) increased from 35.20% to 38.40%. Purchase of finished goods cost fell from 19.84% to 18.12%. Employee cost increased from 6.29% to 6.66%. Other expenses rose from 19.86% to 19.95%. Other income up 21.63% to Rs 58.94 crore. PBIDT rose 5.90% to Rs 419.24 crore. Provision for interest up 2.54% to Rs 1.21 crore. Loan funds rose to Rs 13.74 crore as of 31 December 2025 from Rs 13.39 crore as of 31 December 2024. Inventories rose to Rs 296.45 crore as of 31 December 2025 from Rs 246.57 crore as of 31 December 2024. Sundry debtors were higher at Rs 483.69 crore as of 31 December 2025 compared to Rs 385.37 crore as of 31 December 2024. Cash and bank balance rose to Rs 581.96 crore as of 31 December 2025 from Rs 482.03 crore as of 31 December 2024. PBDT rose 5.91% to Rs 418.03 crore. Provision for depreciation rose 34.46% to Rs 61.65 crore. Fixed assets increased to Rs 673.53 crore as of 31 December 2025 from Rs 629.38 crore as of 31 December 2024. Intangible assets stood at Rs 0.43 crore. Profit before tax grew 2.16% to Rs 356.38 crore. Provision for tax was expense of Rs 92.3 crore, compared to Rs 84.32 crore. Effective tax rate was 25.90% compared to 24.17%. Profit after tax fell 0.17% to Rs 264.08 crore. Following the commencement of commercial operations at the Company`s new Al-Si Monolithic Plant located at Plot Nos. 70, 71, 72 & 74, E-Bhonangi, Parwada Industrial Area, Lankelapalem, Anakapalli - 531021, the Company ceased operations and closed its erstwhile Plant situated at Plot Nos. 13-15, Block E, IDA, Visakhapatnam - 530012 and closed the said Plant with effect from October 13, 2025. The Company has subsequently sold the land along with the structures situated at this plant on October 24, 2025, for a total consideration of Rs 30.51 crore. The Company has recognised gain of Rs 25.26 crore on account of sale of the aforesaid plant and corresponding income tax expense amounting to Rs 8.19 crore in accordance with the provisions of the Income-Tax Act, 1961 and included the same under the head "Other Income" and "Current tax" respectively. The closure of the Plant and the sale of land along with the structures are not expected to have any material adverse impact on the business operations or revenue of the Company. Others The Board of Directors has recommended payment of dividend of Rs 1.50 per share (One Rupee Fifty Paisa) of nominal value Rs 1/- each for the year ended December 31,
2025 at their meeting held on February 26, 2026. The dividend is subject to the approval by the members at their ensuing Annual General Meeting. Equity capital stood at Rs 20.30 crore as of 31 December 2025 to Rs 20.30 crore as of 31 December 2024. Per share face Value remained same at Rs 1.00. Promoters’ stake was 55.57% as of 31 December 2025 ,compared to 55.57% as of 31 December 2024 . Cash flow from operating activities decreased to Rs 177.46 crore for year ended December 2025 from Rs 258.12 crore for year ended December 2024. Cash flow used in acquiring fixed assets during the year ended December 2025 stood at Rs 105.34 crore, compared to Rs 257.26 crore during the year ended December 2024.
| Vesuvius India : Standalone Results | | Quarter ended | Year ended |
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| Particulars | 202512 | 202412 | Var.(%) | 202512 | 202412 | Var.(%) |
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| Net Sales (including other operating income) | 550.77 | 508.64 | 8.28 | 2,104.33 | 1,868.57 | 12.62 | | OPM (%) | 16.99 | 16.11 | 89 bps | 17.12 | 18.59 | -147 bps | | OP | 93.60 | 81.92 | 14.26 | 360.30 | 347.41 | 3.71 | | Other Inc. | 33.50 | 7.38 | 353.93 | 58.94 | 48.46 | 21.63 | | PBIDT | 127.10 | 89.30 | 42.33 | 419.24 | 395.87 | 5.90 | | Interest | 0.31 | 0.3 | 3.33 | 1.21 | 1.18 | 2.54 | | PBDT | 126.79 | 89.00 | 42.46 | 418.03 | 394.69 | 5.91 | | Depreciation | 17.45 | 12.66 | 37.84 | 61.65 | 45.85 | 34.46 | | PBT | 109.34 | 76.34 | 43.23 | 356.38 | 348.84 | 2.16 | | PBT before EO | 109.34 | 76.34 | 43.23 | 356.38 | 348.84 | 2.16 | | EO Income | 0 | 0 | - | 0 | 0 | - | | PBT after EO | 109.34 | 76.34 | 43.23 | 356.38 | 348.84 | 2.16 | | Taxation | 29.11 | 16.41 | 77.39 | 92.3 | 84.32 | 9.46 | | PAT | 80.23 | 59.93 | 33.87 | 264.08 | 264.52 | -0.17 | | P/(L) from discontinued operations net of tax | 0 | 0 | - | 0 | 0 | - | | Net profit after discontinued operations | 80.23 | 59.93 | 33.87 | 264.08 | 264.52 | -0.17 | | EPS (Rs)* | 3.95 | 2.95 | 33.87 | 13.01 | 13.03 | -0.17 | | | * EPS is on current equity of Rs 20.30 crore, Face value of Rs 1, Excluding extraordinary items. | | # EPS is not annualised | | bps : Basis points | | EO : Extraordinary items | | Figures in Rs crore | | Source: Capitaline Corporate Database |
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