Company Updates - Press Release
Financial Performance Highlights
Standalone Financial Results (₹ in Crore):
Quarter Ended Performance:
- Q2 FY27 Revenue: ₹941.63 crore (vs. Q2 FY26: ₹468.26 crore, Q1 FY27: ₹784.17 crore)
- Q2 FY27 EBITDA: ₹109.71 crore (vs. Q2 FY26: ₹52.12 crore)
- Q2 FY27 PBT before Exceptional Item: ₹85.22 crore (vs. Q2 FY26: ₹43.17 crore)
- Q2 FY26 Exceptional Item: (₹0.32) crore expense
- Q2 FY27 PBT: ₹85.22 crore (vs. Q2 FY26: ₹42.85 crore)
- Q2 FY27 PAT: ₹62.54 crore (vs. Q2 FY26: ₹32.07 crore)
Half Year Ended Performance:
- H1 FY27 Revenue: ₹1725.80 crore (vs. H1 FY26: ₹936.53 crore) - 84% increase
- H1 FY27 EBITDA: ₹234.55 crore (vs. H1 FY26: ₹104.57 crore) - more than doubled
- H1 FY27 PBT before Exceptional Item: ₹188.87 crore (vs. H1 FY26: ₹88.64 crore) - more than doubled
- H1 FY26 Exceptional Item: (₹0.59) crore expense
- H1 FY27 PBT: ₹188.87 crore (vs. H1 FY26: ₹88.05 crore)
- H1 FY27 PAT: ₹140.36 crore (vs. H1 FY26: ₹65.29 crore)
Management Commentary
Mr. Ashwin Muthiah, Vice Chairman of TPL and Founder Chairman of AM International, Singapore, commented on the performance:
- Noted delivery of "good and notable performance" with both revenue and profitability recording more than twofold growth over the corresponding period last year
- Attributed results to ability to navigate challenging macroeconomic environment through continuous operational improvement, cost discipline, and sharper focus on meeting customer requirements
- Emphasized focus on sustainable products and carbon-neutral manufacturing as central to long-term growth strategy
- Stated commitment to building a more competitive and future-ready business
Company Background
Tamilnadu Petroproducts Limited (TPL), incorporated in 1984, is a leading manufacturer of industrial intermediate chemicals:
- Primary products: Linear Alkyl Benzene (LAB), Caustic Soda, and Propylene Oxide
- Co-product: Chlorine (from Caustic Soda production)
- Applications: LAB used in detergent production, solvents, binders; Caustic Soda used in textile, pulp & paper, aluminum, soaps & detergents; Chlorine used in vinyl chloride, paraffin wax, water purification; Propylene Oxide used for Polyols and other petrochemicals
- Propylene Oxide production commenced in 2018-19