GHCLNSEGHCL Limited· Chemicals - InorganicLowNeutral
Announced Mon, 11 May · 10:45 IST

GHCL Limited has informed the Exchange about Transcript

Mgmt Evaded Key QuestionInvestor Communications View source PDF

GHCL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-8.4%1-day move
₹512.00
prior close
₹500.90
base price
In-mkt
timing
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-0.1-0.1-0.1+0.1-8.4-7.8-7.6-7.7-12.1-11.1-11.1-18.5-13.0
Up moveDown movePending
AI summary

GHCL Limited reported Q4 FY26 revenue of INR 808 crores (flat YoY) with EBITDA of INR 194 crores (23.9% margin) and PAT of INR 120 crores. Full year FY26 saw revenue of INR 3,144 crores, EBITDA of INR 769 crores (24.4% margin), and PAT of INR 479 crores. The company achieved 11% volume growth but faced 10% pricing decline. Management highlighted that bromine and vacuum salt projects will be commissioned in Q1 FY27, expected to contribute INR 120 crores revenue in FY27 and INR 170 crores at full utilization with 40-45% EBITDA margins. Global soda ash markets remain challenging with oversupply, though domestic demand is growing driven by solar glass. Import costs have risen due to geopolitical tensions, which has helped support domestic realizations. The company distributed INR 415 crores (87% of PAT) to shareholders through dividends and buyback, and holds net cash surplus of INR 1,058 crores.

Likely market impact

GHCL is well-positioned as a low-cost soda ash producer with strong cash generation and new diversification projects launching in FY27. However, the company could not clarify specific pricing improvement timelines due to ongoing geopolitical uncertainty.