Aditya Vision Limited has announced its investor presentation for the quarter and nine months ended December 31, 2025. The company reported a robust Q3 performance with revenue increasing by 27.6% year-on-year to ₹649 crore, compared to ₹508 crore in the same period last year. This growth was driven by strong festive season demand and an uptick post the GST 2.0 reforms. Profitability also saw significant improvement. Gross Margins improved to 15.8% due to a better product mix. Adjusted Profit After Tax (PAT), excluding a one-time statutory impact of ₹1.5 crore related to new labor codes, grew by 18% year-on-year. For the nine months ended December 31, 2025, revenue rose by 15.4% to ₹2,047 crore, while Adjusted PAT increased by 9.2%. The company's retail footprint expanded to 192 stores as of December 31, 2025, with four new stores added in Q3. Aditya Vision is on track to surpass 200 stores in FY26 through focused cluster expansion across the Hindi heartland. The company is entering Q4 with strong demand momentum, consistent store expansion, and a focus on sustaining growth, with plans to expand in Chhattisgarh and Madhya Pradesh. The presentation highlights key catalysts for demand, including direct benefit transfers, free electricity schemes, potential 8th Pay Commission revisions, GST 2.0 reforms, BEE norm changes, and rising personal loan penetration. Aditya Vision emphasizes its strategic focus on the Hindi heartland, aiming to reinvest growth capital and cash flows at high ROIC to capture this opportunity.
