TANFAC Industries Limited announced its unaudited financial results for the quarter ended 30th June 2026 through a press release submitted to BSE Limited pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

Revenue from Operations: ₹187.2 crore in Q1FY27, representing 6.3% year-on-year growth from ₹176.0 crore in Q1FY26, but declined 3.1% quarter-on-quarter from ₹193.1 crore in Q4FY26. The YoY growth was primarily driven by higher capacity utilization and increased contribution from Solar Grade DHF, while QoQ decline was attributed to disruptions from the geopolitical situation in West Asia.

Gross Profit: ₹68.9 crore in Q1FY27 compared to ₹67.2 crore in Q1FY26 and ₹70.0 crore in Q4FY26.

Operating EBITDA: ₹28.6 crore in Q1FY27 with a margin of 15.3%, compared to ₹29.0 crore (16.5% margin) in Q1FY26 and ₹30.3 crore (15.7% margin) in Q4FY26. EBITDA was impacted by elevated fuel costs largely attributable to the West Asia situation.

Profit Before Tax (PBT): ₹23.8 crore in Q1FY27 compared to ₹24.6 crore in Q1FY26 and ₹25.0 crore in Q4FY26.

Profit After Tax: ₹16.8 crore in Q1FY27 with a margin of 9.0%, compared to ₹19.4 crore (11.0% margin) in Q1FY26 and ₹18.0 crore (9.3% margin) in Q4FY26. PAT was affected by lower operating profit and the impact of deferred tax adjustments during the quarter.

Management Commentary

Mr. Afzal Malkani, Managing Director, commented on several strategic developments:

Capital Raising: The company successfully completed a ₹250 crore Qualified Institutional Placement (QIP) followed by a proposed preferential issue of approximately ₹100 crore led by promoter Anupam Rasayan India Limited.

Project Expansion: Proceeds will primarily fund the 20,000 MTPA HFC-32 refrigerant gas project with total investment of approximately ₹390 crores. The project is progressing as planned and remains on track for commissioning by the end of Q3 FY27.

Balance Sheet Impact: The capital raise has transformed the balance sheet, making TANFAC net debt-free and providing financial flexibility for future growth initiatives.

Cost Pressures: Raw material costs increased year-on-year primarily due to higher Sulphur prices, with benefit of cost pass-through expected to reflect over the normal 30-45 day pricing cycle.

Outlook: While near-term external headwinds persist, the long-term growth outlook remains robust. The company expects the effective tax rate to normalize over coming quarters and remain broadly in line with the previous year on a full-year basis.

Investor Relations Contacts

Company Officials: Mr. N. R. Ravichandran (President & CFO) and Mr. Azharuddin Jariwala (Head – Investor Relation)

IR Advisors: Strategic Growth Advisors Pvt. Ltd. represented by Ms. Neha Shroff and Mr. Vineet Shah