Punjab Chemicals and Crop Protection Limited submitted an investor presentation for Q1FY27 pursuant to Regulation 30 of SEBI Listing Regulations. The document provides consolidated financial results and business updates.

Financial Performance Highlights

  • Revenue: ₹347 Cr in Q1FY27, representing 9% YoY growth driven by improved export sales
  • New Products Contribution: 14% of Q1 revenue, growing 40% YoY
  • Gross Margin: 36.6% (up 355 bps YoY) due to product mix, efficiency gains, and price increases
  • EBITDA: ₹41 Cr, growing 18.8% YoY with margin of 11.8%
  • PAT: ₹22 Cr, delivering 7% YoY growth with PAT margin of 6.4%
  • EPS: ₹18.0 for the quarter

Comparative Financial Performance (Consolidated)

| Metric | Q1FY27 | Q1FY26 | YoY Change | Q4FY26 | QoQ Change |

| Gross Profit | ₹127.1 Cr | ₹105.6 Cr | 18.8% | ₹103.1 Cr | 48.3% |

| Gross Margin % | 36.6% | 33.1% | +355 bps | 49.4% | -1,280 bps |

| Employee Expenses | ₹34.1 Cr | ₹24.8 Cr | - | ₹28.5 Cr | - |

| Other Expenses | ₹52.2 Cr | ₹46.5 Cr | - | ₹47.0 Cr | - |

| EBITDA | ₹40.8 Cr | ₹34.4 Cr | 18.8% | ₹27.5 Cr | 48.3% |

| EBITDA Margin % | 11.8% | 10.8% | +100 bps | 13.2% | -140 bps |

| Depreciation | ₹7.3 Cr | ₹6.5 Cr | - | ₹8.7 Cr | - |

| Finance Cost | ₹4.1 Cr | ₹4.0 Cr | - | ₹5.0 Cr | - |

| Other Income | ₹0.7 Cr | ₹3.7 Cr | - | ₹2.3 Cr | - |

| Profit before tax | ₹30.1 Cr | ₹27.6 Cr | - | ₹16.2 Cr | - |

| Tax Expense | ₹8.0 Cr | ₹7.0 Cr | - | ₹5.2 Cr | - |

| Profit after tax | ₹22.1 Cr | ₹20.6 Cr | 7.0% | ₹11.0 Cr | 101.0% |

| PAT Margin % | 6.4% | 6.5% | -10 bps | 5.3% | +110 bps |

Business Updates and Strategic Initiatives

  • Capacity Enhancement: Successfully commercialized capacity enhancement for new intermediates for agro intermediates with more efficient process
  • Volume Growth Expectation: 100% growth expected in current financial year for new intermediates
  • Strategic Partnerships: Commercial lot supplied for 2 of the 3 MoU products with global customers
  • Volume Timeline: Volume pick up expected to start from Q4FY27 onwards
  • Domestic Market Expansion: 2 intermediate herbicide products launch planned in Q3/Q4FY27
  • New Site: Company actively scouting for a new manufacturing site to support growing operations and product range
  • R&D Investment: Plans to double expenditure on R&D over next 2 years
  • Pilot Plant: Revamp underway to handle product commercialization and successful trials for new chemistries

Growth Strategy and Outlook

  • Focus on increasing portfolio of high value intermediates and catalogue products in addition to CDMO business
  • R&D and piloting pipeline of more than 25 products at R&D and pilot stage
  • Expected incremental revenue of ₹120-150 crore over next 2-3 years from new product lines
  • Working on market diversification between domestic and export balance
  • Focus on improving margins through scale, higher-value product mix, efficiency gains, and deeper integration
  • Continued focus on existing product competitiveness through regular investment in technology and asset renewal

Company Overview

  • Established in 1975 with expertise in complex chemistry over 5 decades
  • Separate synergistic Agrochemicals, Specialty Chemicals and Industrial chemical divisions
  • Manufacturing facilities at Derabassi & Lalru in Punjab (ISO 9001:2015, ISO 14001:2015, ISO 45001:2018 certified)
  • One facility in Pune, Maharashtra with food grade certification (GMP & ISO 22000 certified)

Competitive Advantages

  • Efficient operator with cost competitive processes
  • Strong manufacturing & R&D capability with technically trained manpower
  • Consistent track record with historical association with MNC & domestic clients
  • Positioned to benefit from changing industry dynamics and decreased dependency on China
  • Low debt to equity ratio supporting prudent capital allocation

Investor Relations Contacts

  • MUFG Intime India Private Limited: Mr. Omkar Bagwe (+91 99879 89229) and Mr. Sumeet Khaitan (+91 70213 20701)