Pakka (516030) Q2 24/25 earnings summary

Executive summary

• Achieved 9% quarter-on-quarter productivity growth, with export volume rising to 35% from 28% in Q1.

• Recognized as a Great Place to Work and a Most Preferred Workplace for Women for 2024-2025.

• Board approved unaudited standalone and consolidated financial results for Q2 and H1 FY2024-25, including segment reporting, assets, liabilities, and cash flows.

• Approved $4 million investment in Pakka Inc., USA subsidiary, to support expansion in North America via Pakka Guatemala.

• Launched new products including beverage cups, 4-inch dona, and 3CP snack trays.

Financial highlights

• Q2 FY25 top line reached ₹115.97 Cr, up from ₹99.59 Cr in Q1 FY25 and ₹107.26 Cr in Q2 FY24.

• Q2 FY25 bottom line was ₹21.66 Cr, up 36% quarter-on-quarter and 18% year-over-year.

• Standalone H1 FY25 revenue: ₹20,787.86 lakhs, nearly flat year-over-year; Q2 revenue: ₹11,109.21 lakhs, up from Q1.

• Standalone H1 net profit: ₹3,137.50 lakhs, up 10.8% year-over-year; Q2 net profit: ₹2,050.97 lakhs.

• Consolidated H1 revenue: ₹20,787.86 lakhs; consolidated H1 net profit: ₹2,543.58 lakhs.

Outlook and guidance

• Plans to initiate sales in the Americas and expand the flexibles sales pipeline.

• Roadmap built for US launch of moulded fibre and flexible substrates.

• Strategic investment in Pakka Inc. and Pakka Guatemala targets nearshoring and manufacturing expansion for compostable packaging in North America.

• Organisational structure and operating model strengthening underway.