Aditya Vision (540205) Q4 24/25 earnings summary

Executive summary

• Achieved record FY25 revenue of ₹2,260 crore, up 30% YoY, with 175 stores as of March 31, 2025, and 30 new stores opened during the year.

• EBITDA reached ₹204 crore (9% margin), PAT grew 37% YoY to ₹105 crore, and Q4 PAT doubled to ₹16 crore.

• Standalone audited financial results for FY25 were approved by the Board with an unmodified opinion.

• The company operates in a single segment: retail of electronic products, including consumer electronics, home appliances, mobility, and IT products.

• Sales are seasonal, affecting sequential comparability.

Financial highlights

• FY25 revenue: ₹2,260 crore (+30% YoY); Q4 revenue: ₹487 crore (+30% YoY).

• FY25 EBITDA: ₹204 crore (9% margin); Q4 EBITDA: ₹42 crore (8.7% margin).

• FY25 PAT: ₹105.5 crore (+37% YoY); Q4 PAT: ₹16 crore (+104% YoY).

• Diluted EPS for FY25: ₹8.16 (up from ₹6.32 in FY24); basic EPS: ₹8.21.

• Gross margin for FY25: 15.7% (down 22 bps YoY); Q4 gross margin: 17%.

Outlook and guidance

• Plans to add 25–30 stores annually, focusing on Uttar Pradesh and deepening presence in Bihar and Jharkhand, with expansion into the broader Hindi heartland using a cluster approach.

• Targeting 20–25% revenue CAGR over the next 3–5 years and sustaining double-digit SSSG.

• Board recommended a final dividend of 110% (₹1.10 per share), subject to shareholder approval.