Privi Speciality Chemicals Limited submitted an investor presentation for Q1 FY27 (quarter ended June 30, 2026) to the BSE and NSE pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015. The presentation was also uploaded on the company's website www.privi.com.

Q1 FY27 Financial Performance (Consolidated Basis)

The company reported a strong start to the year:

  • Total Income: ₹681.42 Crore, representing a 20.01% year-on-year (YoY) growth.
  • EBITDA: ₹167.47 Crore, with 18.73% YoY growth.
  • EBITDA Margin: 24.6%, a decrease of 27 basis points (bps) YoY from 24.8%. The margin was impacted by approximately 42 bps due to a fire incident (detailed below); this is expected to be corrected upon receipt of the insurance claim.
  • Depreciation: ₹37.36 Crore.
  • EBIT: ₹130.11 Crore.
  • Finance Cost: ₹16.74 Crore.
  • Profit Before Tax (PBT): ₹113.37 Crore.
  • Tax: ₹30.53 Crore.
  • Profit After Tax (PAT): ₹82.84 Crore.
  • PAT attributable to Non-Controlling Interests (NCI): (₹1.37) Crore.
  • PAT attributable to the Company: ₹84.21 Crore, representing 35.97% YoY growth.
  • PAT Margin: 12.4%, an increase of 145 bps YoY from 10.9%.
  • EPS (not annualized): ₹21.56.

Operational Incident

One of the company's export consignments caught fire at a CFS (Container Freight Station) warehouse near JNPT (Jawaharlal Nehru Port Trust). The cost of this incident was ₹2.78 Crore. The company has filed an insurance claim and is confident of receiving it.

Business Resilience and Strategy

Despite adverse global headwinds, the business remained resilient with no operational or supply chain disruptions. This was attributed to a diversified geographic presence and the structural strength of the business. New products are expected to expand the addressable market and contribute to future growth.

Expansion Projects and Outlook

Expansion projects are progressing as planned and are expected to be ready for commercial operations in the second half of 2028 (H2 2028). The company's strategic vision targets revenue of ₹5,000 Crore and EBITDA of over ₹1,000 Crore by FY29-30, representing more than a 2x growth. EBITDA margins are expected to be sustained north of 20%, driven by operational efficiency and an enhanced product mix. These figures are based on management estimates and are subject to change depending on external factors and requisite approvals.

Company Overview

Privi is India's leading aroma chemicals manufacturer with a 30+ year track record. Key operational metrics include:

  • Products: 75+
  • Production Capacity: 48,000 MTPA (Metric Tonnes Per Annum)
  • R&D Centres: 2 dedicated centres
  • Manufacturing Facilities: 7 state-of-the-art plants
  • Exports: To 40+ countries
  • CST Processing Capacity: 36,000 MTPA
  • GTO Processing Capacity: 12,000 MTPA
  • Renewable Raw Materials: 70% of raw materials used are derived from renewable resources.

The company is strategically located near JNPT Port and Ankleshwar Dry Port. It has integrated, in-house developed CST (Crude Sulphate Turpentine) processing, which is a prominent entry barrier and offers a significant advantage versus peers.

Joint Venture: PRIGIV

Privi has a strategic joint venture with Givaudan, a global leader in flavours and fragrances.

  • The JV manufactures more than 40+ specialty products exclusively for Givaudan.
  • Privi and Givaudan together invested ₹50 Crores as equity in an expansion project, which is under implementation.

Growth Strategy and Subsidiaries

The growth strategy involves new projects and products, including expansions of existing products, Maltol, Ethyl Maltol, Renewable Cyclopentanone, 10+ other high-end specialty products, and Furfural.

The company plans to merge its subsidiaries:

  • Privi Fine Sciences Private Limited (PFSPL): Includes products like Privial, Anethole, and Cyclamen Aldehyde used in fine and functional flavours and fragrances.
  • Privi Biotechnologies Private Limited (PBPL): A 100% subsidiary specializing in biotechnology-driven flavour and fragrance development.

The merger with the parent company (PSCL) is planned to strengthen core operations, enhance agility, and unlock synergistic growth through combined expertise in sustainable, nature-like aroma chemicals (Green Science).

Additional Corporate Information

For investor queries, contact Mr. Sanjeev Patil, Executive Vice President - Strategy, at investors@privi.co.in. The company's investor relations advisors are Adfactors PR Pvt. Ltd.