PASUPTACNSEPasupati Acrylon LimitedHighNeutral
Announced Mon, 25 May · 17:10 IST

Pasupati Acrylon Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.

Revenue Growth 20pctPat NegativeEbitda Margin ExpansionExceptional ItemDebt Equity ThresholdResults View source PDF

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AI summary

Pasupati Acrylon Limited reported total revenue of Rs. 1,010.16 crore for FY2026, a significant increase from Rs. 621.43 crore in FY2025, driven primarily by the newly commissioned Ethanol segment (150 KL/day grain-based distillery started March 2025). However, profit after tax declined sharply to Rs. 15.25 crore from Rs. 47.72 crore in the previous year, with EPS dropping to Rs. 1.68 from Rs. 2.95. EBITDA margin stands at approximately 24.9%. The company announced plans to expand Ethanol plant capacity from 180 KL/day to 240 KL/day with an investment of Rs. 25 crore. Segment-wise, Fibre contributed Rs. 587.04 crore, CPP Film Rs. 98.90 crore, and Ethanol Rs. 324.22 crore. Qualified borrowings increased marginally from Rs. 101.88 crore to Rs. 108.25 crore.

Likely market impact

Despite strong revenue growth, the significant decline in profitability and EPS could concern shareholders. The expansion in Ethanol capacity signals confidence in the new segment but requires capital deployment. The unmodified audit opinion and stable credit rating (CARE BBB+) provide some comfort on financial health.