PRIVISCLNSEPrivi Speciality Chemicals LimitedMediumNeutral
Announced Fri, 15 May · 13:02 IST

Privi Speciality Chemicals Limited has informed the Exchange about Transcript

Mgmt Guided Margin ImprovementOrder Pipeline DisclosedAnalyst Day Multiyear TargetsCfo Debt Reduction RoadmapInvestor Communications View source PDF

PRIVISCL · price

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₹3082.50
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₹3123.60
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AI summary

Privi Speciality Chemicals reported strong FY26 results with revenue of Rs 2,583 crore (up 22% YoY), EBITDA of Rs 665 crore (up 40%), and PAT of Rs 328 crore (up 75%). EBITDA margins improved to 25.76% from 22.35% previously, driven by volume growth of 6.5%, 8% price increase, and improved product mix. The company expects to sustain 20%+ EBITDA margins going forward and targets 20% revenue growth in FY27. Capex expansion is on track with Phase 1 completing by June 2026 (capacity to 54,000 MT), and Phase 2 reaching 72,000 MT by 2028. The JV with Givaudan (PRIGIV) turned profitable in Q4 and expects revenue of Rs 130 crore in FY27 (vs Rs 55 crore in FY26). Management guided toward a long-term target of Rs 5,000 crore revenue and Rs 1,000+ crore EBITDA in 3-4 years (2x growth). The proposed merger of subsidiary companies has received exchange approvals and NCLT clearance is expected in FY27.

Likely market impact

Strong execution with margin expansion and clear growth roadmap. New product launches (ethyl maltol, maltol, cyclopentanone) by Q1 FY27 and backward integration for furfural by FY28-29 position the company well. The JV turning profitable removes a key investor concern. The stock appears well-positioned given the guided 20% growth and margin sustainability.