India Glycols Limited has informed the Exchange about Transcript
INDIAGLYCO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
India Glycols reported strong FY26 results with gross revenues of INR9,827 crores (up 8.7%) and net revenues of INR4,211 crores (up 11.8%). EBITDA grew 24.5% to INR654 crores with margins expanding 162 basis points to 15.5%. PAT was INR293 crores (up 26.8%). Key segment highlights: Potable Spirits revenue up 14.4% to INR1,331 crores, Bio-Fuels grew 40.9% to INR1,470 crores with EBIT doubling, while Chemicals revenue declined 10.4% to INR1,203 crores but EBIT margins improved to 11.7%. The company prepaid INR804 crores of debt this quarter. Management highlighted consistent margin improvement trajectory over five years (EBITDA margin from 9.6% in FY22 to 15.5% in FY26). For JV Clariant, CFO confirmed plans to sell an additional 24% equity stake in FY28-29 to make the Chemicals business debt-free.
The company demonstrated operational strength with broad-based margin improvement across segments, suggesting improved earnings quality. The aggressive debt repayment and clear path to becoming debt-free in Chemicals by FY28-29 should be positive for the balance sheet and reduce interest costs going forward.