- Home
- Results news
- Amines & Plasticizers
- Q2 FY27 results
Amines & Plasticizers Q2 FY27 results: net profit up 35.0% to ₹8.33 crore, revenue up 12.5%
Amines & Plasticizers Limited reported consolidated Q2 FY27 revenue of ₹149.84 crore, up 12.5% from Q2 FY26, while net profit rose 35.0% to ₹8.33 crore. Against Q1 FY27, revenue fell 0.5%, EBITDA declined 12.2% and net profit fell 12.0%; standalone revenue was ₹148.9 crore and profit before tax was ₹6.05 crore.
Key points
- Consolidated Q2 FY27 revenue was ₹149.84 crore, up ₹16.70 crore or 12.5% from Q2 FY26, but down ₹0.69 crore or 0.5% from Q1 FY27.
- EBITDA was ₹13.11 crore in Q2 FY27, up 21.5% year on year but down 12.2% sequentially; the EBITDA margin was 8.7% against 8.1% and 9.9%, respectively.
- Net profit was ₹8.33 crore, up ₹2.16 crore or 35.0% from Q2 FY26 and down ₹1.14 crore or 12.0% from Q1 FY27; basic EPS was ₹1.51.
- For H1 FY27, revenue rose 9.8% to ₹300.36 crore and net profit rose 30.9% to ₹17.8 crore, with EPS of ₹3.23.
- At 30 September 2026, total assets were ₹441.64 crore, equity was ₹307.37 crore, borrowings were ₹22.13 crore and cash was ₹74.97 crore.
How did Amines & Plasticizers perform in Q2 FY27?
Amines & Plasticizers reported consolidated revenue of ₹149.84 crore for Q2 FY27, up ₹16.70 crore or 12.5% from Q2 FY26. EBITDA rose ₹2.32 crore or 21.5% to ₹13.11 crore, while the EBITDA margin increased 0.6 percentage points to 8.7%.
Against Q1 FY27, revenue fell ₹0.69 crore or 0.5% to ₹149.84 crore and EBITDA fell ₹1.83 crore or 12.2% to ₹13.11 crore. The margin declined 1.2 percentage points from 9.9% to 8.7%.
Net profit rose from ₹6.17 crore in Q2 FY26 to ₹8.33 crore in Q2 FY27, while basic EPS increased from ₹1.12 to ₹1.51. Sequentially, net profit fell from ₹9.47 crore and EPS fell from ₹1.72. On a standalone basis, revenue was ₹148.9 crore and profit before tax was ₹6.05 crore.
| ₹ crore | Q2 FY27 | Q1 FY27 | Q2 FY26 | YoY | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 149.84 | 150.53 | 133.14 | +12.5% | −0.5% |
| Other income | 0.20 | 0.20 | 0.08 | +150.0% | +0.0% |
| Total expenses | 138.82 | 137.98 | 125.01 | +11.0% | +0.6% |
| EBITDA | 13.11 | 14.94 | 10.79 | +21.5% | −12.2% |
| EBITDA margin | 8.7% | 9.9% | 8.1% | +0.6 pp | −1.2 pp |
| Profit before tax | 11.22 | 12.74 | 8.21 | +36.7% | −11.9% |
| Tax | 2.89 | 3.27 | 2.05 | +41.0% | −11.6% |
| Net profit | 8.33 | 9.47 | 6.17 | +35.0% | −12.0% |
| EPS (₹) | 1.51 | 1.72 | 1.12 | +34.8% | −12.2% |
EBITDA here is revenue from operations less operating costs (total expenses excluding finance costs and depreciation): before other income and exceptional items. Growth is shown only when both figures are positive. Source: Company's results filing (XBRL).
What changed in Amines & Plasticizers' costs and profit?
Total expenses rose ₹13.81 crore or 11.0% from Q2 FY26 to ₹138.82 crore. Cost of materials increased ₹11.62 crore or 13.2% to ₹99.69 crore, employee cost rose ₹0.55 crore or 8.6% to ₹6.98 crore, and other expenses increased ₹4.28 crore or 18.0% to ₹28.01 crore.
Finance costs fell ₹0.60 crore or 48.4% from Q2 FY26 to ₹0.64 crore, while depreciation rose ₹0.03 crore or 2.1% to ₹1.45 crore. Other income increased ₹0.12 crore or 150.0% to ₹0.20 crore, and there was no exceptional item.
Tax expense increased ₹0.84 crore or 41.0% from Q2 FY26 to ₹2.89 crore. Profit before tax rose ₹3.01 crore or 36.7% to ₹11.22 crore, and net profit increased ₹2.16 crore or 35.0% to ₹8.33 crore. The filing does not state the reasons for the changes in the cost lines.
| ₹ crore | Q2 FY27 | Q2 FY26 | Change | Change % |
|---|---|---|---|---|
| Cost of materials | 99.69 | 88.07 | +11.62 | +13.2% |
| Employee cost | 6.98 | 6.43 | +0.55 | +8.6% |
| Finance costs | 0.64 | 1.24 | −0.60 | −48.4% |
| Depreciation | 1.45 | 1.42 | +0.03 | +2.1% |
| Other expenses | 28.01 | 23.73 | +4.28 | +18.0% |
| Total expenses | 138.82 | 125.01 | +13.81 | +11.0% |
| Other income | 0.20 | 0.08 | +0.12 | +150.0% |
| Tax | 2.89 | 2.05 | +0.84 | +41.0% |
Source: Company's results filing (XBRL).
How did the first half of FY27 go?
In the first half of FY27, consolidated revenue rose ₹26.93 crore or 9.8% from ₹273.43 crore in H1 FY26 to ₹300.36 crore. Total income increased ₹27.17 crore or 9.9% to ₹300.76 crore.
Profit before tax rose ₹5.75 crore or 31.6% from ₹18.21 crore to ₹23.96 crore. Net profit increased ₹4.2 crore or 30.9% from ₹13.6 crore to ₹17.8 crore, while EPS rose from ₹2.47 to ₹3.23.
| ₹ crore | H1 FY27 | H1 FY26 | Change |
|---|---|---|---|
| Revenue from operations | 300.36 | 273.43 | +9.8% |
| Profit before tax | 23.96 | 18.21 | +31.6% |
| Net profit | 17.80 | 13.60 | +30.9% |
| EPS (₹) | 3.23 | 2.47 | +30.8% |
Source: Company's results filing (XBRL).
What do the balance sheet and cash flow show?
At 30 September 2026, total assets were ₹441.64 crore, up from ₹422.1 crore at 31 March 2026. Total equity increased from ₹292.26 crore to ₹307.37 crore, while borrowings fell from ₹27.21 crore to ₹22.13 crore. Cash rose from ₹49.21 crore to ₹74.97 crore.
Inventories increased from ₹83.04 crore to ₹91.24 crore. Trade receivables fell from ₹139.24 crore to ₹128.04 crore, while trade payables rose from ₹62.5 crore to ₹64.71 crore.
For H1 FY27, operating cash flow was ₹35.26 crore, compared with ₹36.27 crore in H1 FY26. Investing cash flow was negative ₹0.06 crore against negative ₹0.46 crore, financing cash flow was negative ₹9.44 crore against negative ₹52.35 crore, and capital expenditure was ₹0.49 crore against ₹0.61 crore.
| ₹ crore | As of 30 September 2026 | As of 31 March 2026 |
|---|---|---|
| Total assets | 441.64 | 422.10 |
| Total equity | 307.37 | 292.26 |
| Borrowings | 22.13 | 27.21 |
| Cash and equivalents | 74.97 | 49.21 |
| Inventories | 91.24 | 83.04 |
| Trade receivables | 128.04 | 139.24 |
Source: Company's results filing (XBRL).
| ₹ crore | H1 FY27 | H1 FY26 |
|---|---|---|
| Cash from operations | 35.26 | 36.27 |
| Cash from investing | −0.06 | −0.46 |
| Cash from financing | −9.44 | −52.35 |
| Capital expenditure | 0.49 | 0.61 |
Source: Company's results filing (XBRL).
How has Amines & Plasticizers done over the last 8 quarters?
Revenue rose year on year in each of the last two quarters, while profit rose year on year in each of the last three quarters. In the latest quarter, revenue fell to ₹149.84 crore from ₹150.53 crore in Q1 FY27, and net profit fell to ₹8.33 crore from ₹9.47 crore.
Across the reported quarters, revenue peaked at ₹190.79 crore in Q3 FY25 and bottomed at ₹133.14 crore in Q2 FY26. Net profit was highest at ₹15.35 crore in Q4 FY26 and lowest at ₹6.17 crore in Q2 FY26. The EBITDA margin peaked at 15.1% in Q4 FY26 and bottomed at 8.1% in Q2 FY26, before easing to 8.7% in Q2 FY27.
How did other Commodity Chemicals companies do?
A total of 23 Commodity Chemicals peers filed for the quarter, with a median revenue growth of 21.7%. Among the 27 peers compared for profit, 21 reported higher profit.
Of the other companies, 8 grew revenue more slowly than Amines & Plasticizers and 15 grew faster. The peer figures were available as of 5 November 2026.
| Amines & Plasticizers revenue growth (YoY) | +12.5% |
|---|---|
| Median of 23 other Commodity Chemicals companies | +21.7% |
| Companies with slower revenue growth than Amines & Plasticizers | 8 of 23 |
| Companies with faster revenue growth than Amines & Plasticizers | 15 of 23 |
| Companies whose net profit rose | 21 of 27 |
Source: Filed results (XBRL) of the industry's companies.
Quick answers
What was Amines & Plasticizers' revenue in Q2 FY27?
Revenue from operations was ₹149.84 crore, up 12.5% from ₹133.14 crore in Q2 FY26 (consolidated).
Did Amines & Plasticizers make a profit in Q2 FY27?
Yes. Net profit was ₹8.33 crore, against a net profit of ₹6.17 crore in Q2 FY26.
What was Amines & Plasticizers' EPS in Q2 FY27?
Basic earnings per share were ₹1.51, against ₹1.12 in Q2 FY26.
When did Amines & Plasticizers announce its Q2 FY27 results?
On 4 November 2026, in a filing to the NSE.
Sources
How this was written: every figure in the tables and charts is calculated from the company’s filed results (XBRL) and MarketPing’s price measurements. The text is drafted with AI from those figures and the filings, and a checker removes any sentence carrying a number it cannot trace to them. How we write these.
This is information, not investment advice. MarketPing does not recommend buying or selling any security.