Valiant Organics Q1 FY27 PAT Surges 257% YoY

Company Overview

Valiant Organics Limited, incorporated in 1984 and headquartered in Mumbai, is a specialty chemicals manufacturer focused on chlorophenol derivatives, PNA, and PAP. The company operates 6 manufacturing units across 5 locations with 5 Zero Liquid Discharge plants and total production capacity of 70,000 TPA. It serves diversified clients across pharmaceuticals, dyes & pigments, agrochemicals, and specialty chemicals. Market capitalization was INR ~7,545.68 Mn as of June 30, 2026.

Q1-FY27 Consolidated Financial Performance

Revenue from Operations: INR 2,315 Mn (13.3% YoY growth, 6.3% QoQ growth)
Total Expenses: INR 1,899 Mn (5.7% YoY growth, -0.7% QoQ)
EBITDA: INR 416 Mn (67.7% YoY growth, 57.0% QoQ growth)
EBITDA Margins: 17.97% (584 bps YoY improvement, 580 bps QoQ improvement)
Other Income: INR 33 Mn
Depreciation: INR 102 Mn (8.5% YoY growth, -1.0% QoQ)
Finance Cost: INR 51 Mn (-15.0% YoY, 54.5% QoQ growth)
PBT (Excl. Exceptional Items): INR 296 Mn
Share of Profit of Associates: INR 72 Mn
PBT: INR 368 Mn
Tax: INR 75 Mn
PAT: INR 293 Mn
PAT Margins: 12.66% (865 bps YoY improvement, 545 bps QoQ improvement)
Other Comprehensive Income: INR 3 Mn
Total Comprehensive Income: INR 296 Mn
Basic/Diluted EPS: INR 10.44 (86.1% QoQ growth)

Q1-FY27 Standalone Financial Performance

Revenue from Operations: INR 2,315 Mn (13.3% YoY growth, 6.3% QoQ growth)
Total Expenses: INR 1,899 Mn (5.7% YoY growth, -0.7% QoQ)
EBITDA: INR 416 Mn (67.7% YoY growth, 57.0% QoQ growth)
EBITDA Margins: 17.97% (584 bps YoY improvement, 580 bps QoQ improvement)
Other Income: INR 26 Mn (-35.0% QoQ)
Depreciation: INR 102 Mn (8.5% YoY growth, -1.0% QoQ)
Finance Cost: INR 51 Mn (-15.0% YoY, 54.5% QoQ growth)
PBT (Excl. Exceptional Items): INR 289 Mn
PBT: INR 289 Mn (71.0% QoQ growth)
Tax: INR 71 Mn
PAT: INR 218 Mn (44.4% QoQ growth)
PAT Margins: 9.42% (570 bps YoY improvement, 248 bps QoQ improvement)
Other Comprehensive Income: INR 3 Mn
Total Comprehensive Income: INR 221 Mn (45.4% QoQ growth)
Diluted EPS: INR 7.79 (44.5% QoQ growth)

Operational Highlights

Total Revenue grew 14% YoY to INR 2,342 million, marking the highest quarterly revenue in the last six quarters
Gross Profit Margin improved to 43% from 39% YoY
Raw Material Cost declined to 57% of sales from 61% YoY, generating savings of ~INR 4 for every INR 100 of revenue
Employee and other expenses increased only 4.6% YoY despite 14% revenue growth
Finance cost declined 15% YoY to INR 51 million

Historical Financial Overview (Consolidated)

| FY24 | 7,231 | 382 | 5.28% | (84) | (1.16)% |

| FY25 | 7,188 | 537 | 7.47% | (34) | (0.47)% |

| FY26 | 7,388 | 882 | 11.94% | 332 | 4.49% |

| Q1-FY27 | 2,315 | 416 | 17.97% | 293 | 12.66% |

Historical Financial Overview (Standalone)

| FY24 | 6,772 | 396 | 5.85% | (30) | (0.44)% |

| FY25 | 7,188 | 537 | 7.47% | (30) | (0.42)% |

| FY26 | 7,384 | 882 | 11.94% | 344 | 4.66% |

| Q1-FY27 | 2,315 | 416 | 17.97% | 218 | 9.42% |

Balance Sheet Highlights (Consolidated FY26)

Total Equity: INR 7,594 Mn
Non-Current Liabilities: INR 1,211 Mn
Current Liabilities: INR 3,503 Mn
Total Assets: INR 12,308 Mn
Current Assets: INR 3,522 Mn (including Inventories: INR 915 Mn, Trade Receivables: INR 2,433 Mn)
Cash and Cash Equivalents: INR 18 Mn

Share Data (As of June 30, 2026)

Face Value: INR 10.0
Market Price: INR 269.30
52 Week H/L: INR 432.50/195.20
Market Cap: INR 7,545.68 Mn
Equity Shares Outstanding: 28.02 Mn
1 Year Avg Trading Volume: 56.32 ('000)

Disclaimer Note

The presentation includes forward-looking statements based on management's beliefs and assumptions, subject to risks and uncertainties. The company disclaims any obligation to update these statements. This is not an offer to purchase securities and is confidential information.