Date: September 21, 2026

KMP / Board / Auditor Changes

Not Specified

Dividend Declaration or Non-Declaration

Not Specified

Board Meeting Outcomes

Not Specified

Financial Results (Standalone & Consolidated)

The presentation mentions consolidated operational and financial highlights for FY26:

  • Volumes grew over 30% in FY26 with substantial growth in export volumes
  • Muted EBITDA growth due to competitive landscape and margin pressure
  • Exceptional income of ₹29 crore from multiple favorable IT appeal rulings
  • Exceptional expense of ₹22 crore from new labour code impact and one-off write-off
  • West Asia conflict towards end of FY26 resulted in significant RM price increases
  • Working capital and debt levels rose significantly due to RM price increases
  • Concluded over ~₹100 crore of fixed and variable cost improvements during the year

Disinvestment / Strategic Actions

Joint Ventures:

  • Augene JV and Re Aarti JV under execution, expected to commission in FY27
  • DCA downstream JV with Superform progressing well as planned, expected commissioning in H1FY27

Chemical Recycling Project:

  • Delivery of critical equipment underway, on-ground execution in full swing
  • Engaging with potential pyrolysis oil customers
  • All regulatory approvals in place
  • Expected to commission in FY27