Watts Co., Ltd. Quarterly Results: Standalone & Consolidated Reports

Quarterly Results

Results Snapshot

YoYQoQ

Figures in Million

Consolidate Quarterly Results

Nov'25

Aug'25

May'25

Feb'25

Nov'24

Aug'24

May'24

Net Sales

15,351.39

15,566.58

15,546.75

15,469.72

14,995.73

15,652.86

15,348.50

Other Operating Income

0.00

Total Operating income

15,351.39

15,566.58

15,546.75

15,469.72

14,995.73

15,652.86

15,348.50

Raw Material Cost

9,396.50

9,389.65

9,612.03

9,489.14

9,180.30

9,603.62

9,436.41

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

0.00

Power Cost

0.00

Manufacturing Expenses

4.70

5.67

9.76

4.38

3.65

3.92

6.93

Selling and Distribution Expenses

5,683.22

5,780.22

5,732.21

5,427.71

5,548.07

5,856.79

5,601.30

Other Expenses

-0.47

-0.57

-0.98

-0.44

-0.36

-0.39

-0.69

Total Expenditure (Excl Depreciation)

15,079.72

15,169.86

15,344.25

14,916.85

14,728.37

15,460.41

15,037.71

Operating Profit (PBDIT) excl Other Income

271.70000000000005

396.70000000000005

202.5

552.9

267.4

192.39999999999998

310.79999999999995

Other Income

46.61

12.98

-43.81

8.76

40.69

-32.53

30.83

Operating Profit (PBDIT)

535.33

673.97

406.42

790.75

514.71

359.92

528.69

Interest

4.70

5.67

9.76

4.38

3.65

3.92

6.93

Exceptional Items

-0.95

-14.79

-6.07

-19.18

-4.91

-32.95

86.39

Gross Profit (PBDT)

5,954.90

6,176.93

5,934.71

5,980.58

5,815.44

6,049.24

5,912.09

Depreciation

217.05

264.28

247.74

229.13

206.65

200.01

187.07

Profit Before Tax

312.63

389.22

142.85

538.07

299.50

123.05

421.08

Tax

117.84

111.35

87.01

192.85

107.74

-20.59

96.73

Provisions and contingencies

0.00

Profit After Tax

194.79

277.87

55.84

345.21

191.76

143.64

324.35

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

194.79

277.87

55.84

345.21

191.76

143.64

324.35

Share in Profit of Associates

0.00

Minority Interest

0.00

Other related items

0.00

Consolidated Net Profit

194.79

277.87

55.84

345.21

191.76

143.64

324.35

Equity Capital

0.00

Face Value

0.0

Reserves

13,072.13

13,029.94

12,728.86

12,829.44

12,431.90

12,517.45

12,358.70

Earnings per share (EPS)

14.72

21.0

4.23

26.18

14.57

10.91

24.64

Diluted Earnings per share

14.72

21.0

4.23

26.18

14.57

10.91

24.64

Operating Profit Margin (Excl OI)

1.77%

2.55%

1.3%

3.57%

1.78%

1.23%

2.02%

Gross Profit Margin

3.45%

4.2%

2.51%

4.96%

3.38%

2.06%

3.96%

PAT Margin

1.27%

1.79%

0.36%

2.23%

1.28%

0.92%

2.11%

Public Share Holdings (%)

0.0%

Pledged Promotor Holding (%)

0.0%

Quarterly Analysis Highlights - QoQ

Net Sales

QoQ Growth in quarter ended Nov 2025 is -1.38% vs 0.13% in Aug 2025

Consolidate Net Profit

QoQ Growth in quarter ended Nov 2025 is -29.90% vs 398.03% in Aug 2025

Operating Profit (PBDIT) excl Other Income

QoQ Growth in quarter ended Nov 2025 is -26.07% vs 46.82% in Aug 2025

Interest

QoQ Growth in quarter ended Nov 2025 is -17.54% vs -41.84% in Aug 2025

Operating Profit Margin (Excl OI)

QoQ Growth in quarter ended Nov 2025 has fallen from Aug 2025

Compare Quarterly Results Of Watts Co., Ltd. With

Select Peers

Figures in Million

Consolidate Quarterly Results

Change(JPY)

Change(%)

Net Sales

15,351.39

8,715.95

6,635.44

76.13%

Other Operating Income

0.00

Total Operating income

15,351.39

8,715.95

6,635.44

76.13%

Raw Material Cost

9,396.50

6,343.74

3,052.76

48.12%

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

0.00

Power Cost

0.00

Manufacturing Expenses

4.70

45.21

-40.51

-89.60%

Selling and Distribution Expenses

5,683.22

2,253.09

3,430.13

152.24%

Other Expenses

-0.47

-4.52

4.05

89.60%

Total Expenditure (Excl Depreciation)

15,079.72

8,596.83

6,482.89

75.41%

Operating Profit (PBDIT) excl Other Income

271.68

119.12

152.56

128.07%

Other Income

46.61

-69.62

116.23

166.95%

Operating Profit (PBDIT)

535.33

169.44

365.89

215.94%

Interest

4.70

45.21

-40.51

-89.60%

Exceptional Items

-0.95

3.33

-4.28

-128.53%

Gross Profit (PBDT)

5,954.90

2,372.21

3,582.69

151.03%

Depreciation

217.05

119.95

97.10

80.95%

Profit Before Tax

312.63

7.62

305.01

4,002.76%

Tax

117.84

6.85

110.99

1,620.29%

Provisions and contingencies

0.00

Profit After Tax

194.79

0.77

194.02

25,197.40%

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

194.79

0.77

194.02

25,197.40%

Share in Profit of Associates

0.00

Minority Interest

0.00

Other related items

0.00

Consolidated Net Profit

194.79

0.77

194.02

25,197.40%

Equity Capital

0.00

Face Value

0.00

Reserves

13,072.13

6,371.90

6,700.23

105.15%

Earnings per share (EPS)

14.72

0.09

14.63

16,255.56%

Diluted Earnings per share

14.72

0.09

14.63

16,255.56%

Operating Profit Margin (Excl OI)

1.77%

1.37%

0.00

0.40%

Gross Profit Margin

3.45%

1.46%

0.00

1.99%

PAT Margin

1.27%

0.01%

0.00

1.26%

Public Share Holdings (%)

0.00

0.00%

Pledged Promotor Holding (%)

0.00

0.00%

Quarterly - Net Sales

Net Sales 1,535.14 Million

in Nov 2025

Figures in Million

QoQ Growth in quarter ended Nov 2025 is -1.38% vs 0.13% in Aug 2025

YoY Growth in quarter ended Nov 2025 is 2.37% vs 1.23% in Nov 2024

Quarterly - Consolidate Net Profit

Consolidate Net Profit 19.48 Million

in Nov 2025

Figures in Million

QoQ Growth in quarter ended Nov 2025 is -29.90% vs 398.03% in Aug 2025

YoY Growth in quarter ended Nov 2025 is 1.56% vs 111.93% in Nov 2024

Quarterly - Operating Profit (PBDIT)

Operating Profit (PBDIT) 48.87 Million

in Nov 2025

Figures in Million

QoQ Growth in quarter ended Nov 2025 is -26.07% vs 46.82% in Aug 2025

YoY Growth in quarter ended Nov 2025 is 3.10% vs 30.65% in Nov 2024

Quarterly - Interest

Interest 0.47 Million

in Nov 2025

Figures in Million

QoQ Growth in quarter ended Nov 2025 is -17.54% vs -41.84% in Aug 2025

YoY Growth in quarter ended Nov 2025 is 30.56% vs 63.64% in Nov 2024

Quarterly - Operating Profit Margin (Excl OI)

Operating Profit Margin (Excl OI) 1.77%

in Nov 2025

Figures in %

QoQ Growth in quarter ended Nov 2025 has fallen from Aug 2025

YoY Growth in quarter ended Nov 2025 has fallen from Nov 2024