• The document contains the transcript of a Q4 & FY26 earnings conference call held virtually on Friday, May 22, 2026 at 4:00 P.M. IST.
  • The stated purpose of the event was to discuss the company's fourth quarter and full year ended March 31, 2026 financial results and operational performance.
  • Management participants included:
  • Mr. Yash Parekh – Managing Director and Chief Executive Officer
  • Ms. Kaksha Parekh – Whole-time Director, Chairperson and Chief Financial Officer
  • Mr. Shrenik Vora – Non-Executive Director
  • Mr. Suraj Shah – Deputy Chief Financial Officer
  • Mr. Aadit Shah – Chief Executive Officer Office
  • The call was moderated by Mr. Akhilesh Gandhi from Stellar IR, who stated that documents relating to the company's financial performance, including the investor presentation and press release, had already been uploaded on the stock exchange.
  • The company discussed Q4 FY26 financial performance with standalone revenue of INR112 crores (34% sequential growth), consolidated revenue of INR110 crores (40% sequential growth), standalone EBITDA of INR15 crores (98% sequential growth), and consolidated EBITDA of INR16 crores (124% sequential growth).
  • Key operational updates included commencement of commercial production of Gemcool 5 and Safranal on February 26, 2026 at the Dahej facility, which has incurred INR260 crores of the total planned capex of INR270 crores.
  • The company received EcoVadis Platinum sustainability rating for its Silvassa plant and completed key global quality and compliance audits.
  • Management indicated that near-term production timelines for phenol-based derivatives are impacted by geopolitical issues affecting phenol availability and pricing, though the plant remains production-ready.
  • Forward-looking statements included FY28 guidance targeting consolidated revenue of INR1,100 crores and EBITDA margins of 16-18%, though no specific FY27 guidance was provided due to geopolitical uncertainties.

Additional Notes Section

  • The document is a regulatory filing submitted to BSE and NSE containing the full transcript of the earnings conference call.
  • Financial data was extensively disclosed including quarterly financial figures, capex details, and operational metrics.
  • The company explicitly stated that the call may contain forward-looking statements based on current beliefs and expectations, not guarantees of future performance.