Mr D.I.Y. Group (MRDIY) Q1 2025 earnings summary

Executive summary

• Revenue increased 10.0% year-over-year to RM1,257.2 million, driven by 173 net new stores and higher footfall, with total transactions up 9.1% to 48.2 million.

• Profit before tax rose 20.0% year-over-year to RM234.1 million, and profit after tax increased 20.2% to RM174.1 million, with PAT margin improving by 1.2 percentage points to 13.9%.

• Gross profit margin improved by 2.0 percentage points to 47.8%, reflecting lower inventory costs and a stronger Malaysian Ringgit.

• The Group declared a dividend of RM132.6 million (76.1% payout ratio) for FY2025, reflecting confidence in future prospects.

Financial highlights

• Revenue: RM1,257.2 million (up from RM1,143.1 million year-over-year).

• Gross profit: RM601.2 million (up 14.9% year-over-year).

• Profit before tax: RM234.1 million (up from RM195.1 million year-over-year).

• Profit after tax: RM174.1 million (up from RM144.9 million year-over-year).

• Basic and diluted EPS: 1.84 sen (up from 1.53 sen year-over-year).

Outlook and guidance

• Plans to launch 190 new stores in 2025, including innovative retail concepts and expanded product offerings.

• Focus on operational efficiency, technology investment, and cost optimisation.

• No expected impact from current US tariffs; market volatility from geopolitical tensions and tariffs noted.