Chemplast Sanmar Limited announced the approval of its unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026, by its Board of Directors in a meeting held on November 4, 2026. The meeting commenced at 2:00 PM and concluded at 3:45 PM. The results were prepared in accordance with Indian Accounting Standard (Ind AS) 34 and comply with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The statutory auditors, BSR & Co. LLP, have performed a limited review and issued an unmodified review report.
Standalone Financial Performance (Q2 FY27 vs Q2 FY26)
- Revenue from operations: ₹622.14 crore (vs ₹558.12 crore in Q2 FY26)
- Total Income: ₹625.88 crore (vs ₹561.10 crore)
- Loss before tax: ₹(15.64) crore (vs ₹(45.07) crore)
- Tax expense: ₹(4.16) crore (deferred tax benefit)
- Loss after tax: ₹(11.48) crore (vs ₹(35.53) crore)
- Basic EPS: ₹(0.73) (vs ₹(2.25))
Standalone Financial Performance (H1 FY27 vs H1 FY26)
- Revenue from operations: ₹1,214.46 crore (vs ₹1,053.40 crore)
- Total Income: ₹1,221.04 crore (vs ₹1,061.76 crore)
- Loss before tax: ₹(81.21) crore (vs profit of ₹83.27 crore)
- Tax expense: ₹(20.44) crore (deferred tax benefit)
- Loss after tax: ₹(60.77) crore (vs ₹(63.95) crore)
- Basic EPS: ₹(3.84) (vs not provided for H1 FY25)
Consolidated Financial Performance (Q2 FY27 vs Q2 FY26)
- Revenue from operations: ₹1,323.21 crore (vs ₹1,033.20 crore)
- Total Income: ₹1,326.85 crore (vs ₹1,040.19 crore)
- Loss before tax: ₹(8.51) crore (vs ₹(62.19) crore)
- Tax expense: ₹(3.06) crore (deferred tax benefit)
- Loss after tax: ₹(5.45) crore (vs ₹(51.04) crore)
- Basic EPS: ₹(0.34) (vs ₹(3.21))
Consolidated Financial Performance (H1 FY27 vs H1 FY26)
- Revenue from operations: ₹2,447.87 crore (vs ₹2,133.10 crore)
- Total Income: ₹2,454.04 crore (vs ₹2,149.09 crore)
- Loss before tax: ₹(240.77) crore (vs ₹(148.60) crore)
- Tax expense: ₹(59.74) crore (deferred tax benefit)
- Loss after tax: ₹(181.03) crore (vs ₹(115.29) crore)
- Basic EPS: ₹(11.45) (vs ₹(7.22))
Segment-wise Performance (H1 FY27)
- Specialities Segment Revenue: ₹1,214.46 crore; Segment Result: ₹(81.21) crore
- Commodity Segment Revenue: ₹1,341.57 crore; Segment Result: ₹(159.76) crore
Balance Sheet Highlights (Standalone as of September 30, 2026)
- Total Assets: ₹5,682.98 crore (vs ₹5,578.58 crore as of March 31, 2026)
- Equity Share Capital: ₹79.06 crore
- Other Equity: ₹3,053.68 crore (vs ₹3,114.41 crore)
- Borrowings (Non-current + Current): ₹1,182.57 crore (vs ₹1,179.88 crore)
Operational Highlights and Events
- A minor fire incident occurred at the Ethylene Di-Chloride (EDC) manufacturing plant in the Karaikal facility, Puducherry, during the quarter. Operations were temporarily disrupted but recommenced on September 25, 2026, after corrective measures. Accounting adjustments for damaged assets were recorded. The insurance survey and loss assessment are in progress; no insurance claim recovery has been recognized in these results.
- The company's subsidiary, Chemplast Cuddalore Vinyls Limited (CCVL), is engaged in Suspension PVC (S-PVC) production. Due to market developments, including the non-imposition of anti-dumping duty, removal of customs duty, price reductions, and raw material volatility from the West-Asia crisis, an impairment provision of ₹898 crore was recorded as an exceptional item for the year ended March 31, 2026.
- For the consolidated entity, the subsidiary had entered into non-cancellable procurement arrangements in March 2026 that were deemed onerous due to the West-Asia crisis. An aggregate charge of ₹149.92 crore was recorded as an exceptional item for FY26, comprising a provision for onerous contracts (₹113.77 crore) and a write-down of raw materials (₹36.15 crore).
Cash Flow (Standalone H1 FY27)
- Net cash from operating activities: ₹219.97 crore
- Net cash used in investing activities: ₹(181.73) crore
- Net cash used in financing activities: ₹(48.97) crore
- Net decrease in cash and cash equivalents: ₹(10.73) crore