Financial Performance Summary

Quarterly Performance (Q2 FY27 vs Q2 FY26):

  • Sales Volume (CSL): 23,309 MT vs 21,337 MT (+9.24% YoY)
  • Total Income: ₹115.51 crore vs ₹100.77 crore (+14.62% YoY)
  • Revenue from Operations: ₹115.40 crore vs ₹98.34 crore (+17.35% YoY)
  • EBITDA (including other income): ₹18.82 crore vs ₹21.09 crore (-10.79% YoY)
  • EBITDA Margin: 16.29% vs 20.93% (-464 bps)
  • PAT: ₹9.02 crore vs ₹9.04 crore (-0.25% YoY)

Quarterly Performance (Q2 FY27 vs Q1 FY27):

  • Sales Volume (CSL): 23,309 MT vs 19,953 MT (+16.82% QoQ)
  • Total Income: ₹115.51 crore vs ₹106.56 crore (+8.39% QoQ)
  • EBITDA: ₹18.82 crore vs ₹22.83 crore (-17.57% QoQ)
  • EBITDA Margin: 16.29% vs 21.42% (-513 bps)
  • PAT: ₹9.02 crore vs ₹14.96 crore (-39.71% QoQ)

Half-Yearly Performance (H1 FY27 vs H1 FY26):

  • Sales Volume (CSL): 43,262 MT vs 42,799 MT (+1.08% YoY)
  • Total Income: ₹222.08 crore vs ₹201.24 crore (+10.36% YoY)
  • EBITDA: ₹41.65 crore vs ₹41.78 crore (-0.31% YoY)
  • EBITDA Margin: 18.75% vs 20.76% (-201 bps)
  • PAT: ₹23.97 crore vs ₹19.49 crore (+22.99% YoY)
  • PBT: ₹28.06 crore (broadly stable YoY)

Performance Drivers

Revenue Growth Drivers:

  • Higher sales volumes of Caustic Soda Lye increased by 1,972 MT YoY
  • Higher sales volumes of Chlorinated Paraffin Wax (CPW) increased by 987 MT YoY
  • CPW realizations improved during the quarter
  • Caustic soda realizations moderated during the quarter

Profitability Factors:

  • Lower caustic soda realizations impacted EBITDA margin
  • Improved CPW realizations partially offset margin pressure
  • Lower power and fuel expenses: ₹37.79 crore in Q2 FY27 vs ₹42.82 crore in Q1 FY27
  • Improved recovery of solar power contributed to cost reduction
  • Lower tax expense supported PAT performance despite PBT pressure

Operational Highlights

Capacity Expansion:

  • Commissioned 14.5 MW AC (21 MW DC) captive solar power plant with Battery Energy Storage System (BESS) at Bikaner, Rajasthan
  • Total installed captive and group-captive renewable energy capacity now stands at 47 MW DC
  • Manufacturing facility located on 84 acres in Alwar at Matsya Industrial Area, Rajasthan
  • Installed capacity: 300 MT per day of Caustic Soda and 50 TPD Chlorinated Paraffin Wax (CPW)
  • Additional renewable capacity: 37 MW solar park in Bikaner and 10 MW Hybrid group captive project in Jaisalmer

Management Commentary

Mr. Ajay Virmani, Managing Director:

  • Sales volumes of Caustic Soda Lye grew 9.24% YoY, CPW grew 40.38% YoY
  • Focus on optimizing plant efficiencies and strengthening operational reliability
  • Maintaining cost discipline across manufacturing operations
  • Transformation into a Green Chemical Company through renewable energy investments
  • Future focus on downstream diversification, capacity expansion, and disciplined capital allocation

Mr. Madhav Dhir, Executive Director:

  • Power and fuel expenses declined to ₹37.79 crore in Q2 FY27 from ₹42.82 crore in Q1 FY27
  • Captive solar facility strengthens energy infrastructure and improves cost efficiency
  • Focus on enhancing plant productivity and optimizing power consumption
  • Maintaining operational discipline across manufacturing facilities
  • Continued execution of ongoing capacity expansion initiatives

Product Portfolio

The company produces: Caustic Soda Lye, Sodium Hypo, Hydrogen Gas, Liquid Chlorine, HCL, CPW & more.

Investor Relations Contacts

  • Mr. Smit Patel Email: smit.patel@adfactorspr.com