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TANFAC Industries reported a strong Q1 FY26, with total revenue rising 84.6% year-on-year to ₹176.95 crores from about ₹95 crores in Q1 FY25. EBITDA jumped 76.6% to ₹29.91 crores, translating to a 17% EBITDA margin, while profit after tax climbed 71.3% to ₹19.35 crores. The growth was driven by higher sales of hydrofluoric acid following the commissioning of the new HF capacity expansion project completed in October 2024. The company also commissioned the first phase of its Solar Grade DHF project (5,000 metric tonnes per annum) in June 2025, with the second phase (taking total capacity to 10,000 MT) expected by Q2 FY26.
The sharp jump in revenue and profits, along with new capacity coming on stream, signals a strong growth phase for shareholders and is likely to be viewed positively by the market. Expansion into solar-grade DHF also opens a new high-demand segment linked to solar manufacturing, supporting the medium-term earnings outlook.