- The event was an Analyst/Investor Conference Call held virtually on Friday, May 16, 2026, to discuss the Audited Financial Results for the second quarter and year ended March 31, 2026 (Q2 & FY26).
- The meeting was held post-results announcement, following a board meeting on the same day.
- Management participants included Mr. Nirmal V. Shah (Chairman and Managing Director), Mrs. Prachi Mahadik (Chief Financial Officer), and Mr. Kiran Mukadam (Company Secretary & Compliance Officer who also moderated the call).
- The company confirmed that the transcript, presentation deck, and video recording of the meet would be made available on the company's website at www.chembondindia.com/presentations/. The video recording was already uploaded and intimated to the exchanges on May 16, 2026.
- Standard forward-looking statement disclaimer was provided, noting that such statements are subject to risks and uncertainties.
Financial Highlights & Business Updates (As Disclosed)
Segment-wise Performance for H2 FY26 (vs H1 FY26):
- Water Technologies: Revenue grew 36% to ₹162 crores; Volume grew 50% to 4,813 metric tons. Achieved highest-ever monthly revenue of ~₹32 crores in March 2026. Contributes 87% to total revenue.
- Construction Chemicals: Revenue grew 18% to ₹13 crores; Volume grew 30% to 2,590 metric tons. PBT margin is ~20%. Days Sales Outstanding (DSO) is 88 days.
- Distribution Business: Revenue grew 40% to ₹12.5 crores; Volume nearly doubled to 1,049 metric tons. DSO is ~80 days.
- Cleaning & Hygiene (JV with Calvatis): Revenue grew 15%. This is a smaller segment, contributing 1% to total revenue.
Consolidated Financials for FY26:
- Revenue: ₹326.15 crores, up 12% YoY.
- EBITDA: ₹51 crores, up 7% YoY. EBITDA margin at 14% of sales.
- Profit Before Tax (PBT): ₹45 crores, up 7% YoY.
- Profit After Tax (PAT): ₹34 crores, representing 10% PAT margin.
- Q4 FY26 Performance: Revenue was ₹101.4 crores (highest in 9 quarters), EBITDA was ₹15.7 crores, and PBT was ₹14 crores.
Capital Expenditure (CapEx): FY26 CapEx was ₹20-21 crores, attributed primarily to the demerger process and office renovations.
Key Management Commentary & Outlook:
- The company enters FY27 with a strong order book, particularly in the water business.
- Raw material cost inflation, especially in metals (Zinc, Molybdenum), has created margin pressure, estimated at a ~3% impact recently. Price increases are being passed on to private sector customers, but public sector units (30% of water business) have been resistant.
- A force majeure was declared due to supply chain disruptions from a recent war, which was later accepted by the government.
- Growth is primarily volume-driven. Strategies for future growth include geographical expansion, focusing on the construction chemicals and cleaning/hygiene segments, and pursuing international partnerships cautiously (e.g., Malaysia, Thailand).
- The company has a long-term aspirational goal of reaching ₹1000 crores in revenue.
- Cash on books is ~₹65 crores, with no immediate major CAPEX plans aside from network growth.
- No single customer contributes more than 5-6% of total revenue.
Additional Notes Section
- The document is a compliance filing submitted to BSE and NSE pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, enclosing the transcript of the analyst meet.
- The attached transcript included a presentation deck that was referenced during the call.