Bhansali Engineering Polymers Q1 PAT Up 41.3% YoY

Total Income: ₹341.6 crores (up 8.7% from ₹307.9 crores YoY)

*EBITDA:** ₹74.3 crores (up 16.3% from ₹63.9 crores YoY)

*EBITDA Margin:** 21.8% (up 90 bps from 20.9% YoY)

Profit After Tax: ₹51.6 crores (up 41.3% from ₹45.9 crores YoY)

PAT Margin: 15.1% (up 20 bps from 14.9% YoY)

*Includes Other Income

Revenue growth driven by higher realizations
Operating leverage and improved cost efficiencies contributed to profitability expansion
Company remains debt-free with strong cash position
₹200 crores capex fully funded through internal accruals

First interim dividend of ₹24.9 crores declared for Q1 FY27
Reflects company's commitment to shareholder returns while maintaining liquidity for growth initiatives

Project: Debottlenecking at Abu Road Plant

Current Capacity: 75,000 MTPA

Target Capacity: 100,000 MTPA

Total Capex Outlay: ₹200 crores

Funding: 100% through internal accruals

Targeted Commissioning: September 2026

Optimal Utilization Expected: FY28

Strengthens BEPL's position as one of India's lowest-cost ABS producers
Positions company to capture larger share of ~30-40% of India's ABS demand currently met through imports
Complements ongoing R&D and product-mix upgrades toward higher-margin specialty and color grades
Capacity addition without diluting balance sheet

Mr. Jayesh B. Bhansali, Joint Managing Director & CFO:

Q1 performance underscores resilience of business model and cost leadership amidst dynamic global geopolitical environment
Disciplined execution and sustained operating efficiencies enabled healthy profitability growth
Strong cash-generating ability allows funding expansion through internal accruals while maintaining debt-free status
Company maintains strong cash position even after dividend payout, providing financial flexibility for:
₹200 crores capital expenditure
Incremental working capital requirements from expanded capacity
Prudent liquidity buffer for macroeconomic and geopolitical uncertainties
Balanced capital allocation approach to capitalize on growing domestic ABS and specialty polymers demand

BEPL is India's leading manufacturer of Acrylonitrile Butadiene Styrene (ABS) and Styrenic Resins with legacy since 1984.

Manufacturing Facilities: Abu Road (Rajasthan) and Satnoor (Madhya Pradesh)

R&D: In-house research center

Joint Venture: Strategic JV with Nippon A&L Inc., Japan

Product Applications: Automobile, consumer durables, electronics, healthcare, and kitchenware industries

Capacity: 75,000+ MTPA installed capacity

Product Variants: 80+ variants of ABS & Specialty Polymers

Employees: 404+