Q2 FY27 net profit up 7.7%; FY29 capacity target is 5,000 tonnes
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.8 pts less than its Specialty Chemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Q2 FY27 revenue rose 31.3% year on year to Rs 976.7 mn, aided by about 15% volume growth. EBITDA rose 9.9% to Rs 225 mn and margin recovered to 23% from 14.4% in Q1; net profit was Rs 184.8 mn. Management expects a 24-25% EBITDA margin in H2 FY27 if raw material prices stay stable. Capacity reached 3,500 tonnes per month. A new plant plan targets 5,000 tonnes per month by FY29, supporting a Rs 1,000 crore revenue vision.
Better sales and margins support earnings and may help the stock. The self-funded capacity plan adds long-term growth, but raw material price swings remain a risk.