Financial Performance Highlights (Consolidated)

Quarterly Comparison (₹ Crore)

| Metric | Q1FY27 | Q1FY26 | YoY Change | Q4FY26 | QoQ Change | FY26 |

| Operating Revenues | 433.4 | 346.9 | +24.9% | 450.3 | (3.8%) | 1,609.7 |

| Gross Profit | 193.9 | 158.2 | +22.6% | 210.4 | (7.8%) | 725.6 |

| Gross Margin | 44.7% | 45.6% | - | 46.7% | - | 45.1% |

| EBITDA | 65.5 | 55.7 | +17.5% | 76.7 | (14.6%) | 252.4 |

| EBITDA Margin | 15.1% | 16.1% | - | 17.0% | - | 15.7% |

| PAT | 39.6 | 32.2 | +23.0% | 43.4 | (8.7%) | 142.2 |

| PAT Margin | 9.1% | 9.3% | - | 9.6% | - | 8.8% |

Other Income

  • Other Income: ₹12.8 Cr during the quarter
  • Primary reason: Net foreign exchange gains due to higher exports

Operational & Strategic Highlights

Business Segment Performance

  • Chromium Business: Margin improvement driven by strategic shift towards higher-value-added derivatives over base speciality chemicals
  • Barium Business: Volumes and value remain consistent with optimum capacity utilization
  • Strontium Business: Q1FY27 revenues nearly equal to full year FY26 revenues, reflecting significant scale-up

Geographic Revenue Mix

  • Domestic-to-Export revenue mix: 45:55
  • Demonstrates agility across diversified markets

Capacity Expansion & Projects

  • Ramadas Operations Expansion: In process, leveraging specialized US technology to strengthen backward integration and enhance product quality
  • South Africa Business: Infrastructure refurbishment, engineering assessments, contractor mobilization, employee hiring and regulatory compliances completed during quarter
  • Operations expected to commence from H2FY27 onwards
  • Emphasis on ensuring safe and stable operations

Sustainability Initiatives

  • Plans to add approximately 20 MW of solar power capacity across Vizag and Srikalahasti operations
  • Will expand existing renewable energy portfolio of 4.3 MW
  • Expected to deliver meaningful savings in electricity costs while advancing sustainability objectives

Market Environment

  • Geopolitical Impact: No significant supply disruptions experienced
  • Logistics Cost Increase: Ocean freight costs increased amid geopolitical tensions in West Asia
  • India to Latin America: Increased from ~USD 3,000-4,000 to ~USD 9,000 over past three months
  • India to Africa: Increased from ~USD 3,500 to ~USD 7,500
  • Company views these rates as unsustainable in medium-to-long term

Maintenance Impact

  • Sequential performance moderation due to planned maintenance shutdown of nearly one month at Vizag facility

Growth Drivers & Outlook

Medium-term Growth Drivers

  • Capacity additions in new speciality chemicals
  • Backward integration expansion in Barium
  • Shift in Chromium's value-added product mix
  • Ramp-up of operations in South Africa

Management Outlook

  • Company remains positive on medium-term growth prospects
  • Continues to remain vigilant amid uncertain global macroeconomic and geopolitical environment
  • Specifically monitoring raw material, fuel and logistics costs

Management Commentary

Mr. Krishna Murthy Ch., Chairman & Managing Director

"At Vishnu Chemicals, we are pleased to share a strong set of results for the first quarter continuing our momentum from previous year. Our team's disciplined approach to sales execution, procurement and serving the customer is enabling us to outperform in the end use markets consistently."

Mr. Siddartha Ch., Joint Managing Director

"We are pleased to report 20%+ YoY growth in operating revenues and PAT in the first quarter of the fiscal despite uncertain global environment. Our growth outlook is underpinned by multiple expansions across existing and new chemistries. These initiatives are expected to strengthen our competitive positioning and support sustainable medium-term growth while focusing on a customer-first approach."

Investor Relations

Earnings Call Details

  • Date: Monday, August 03, 2026
  • Time: 11:00 am IST
  • Pre-registration: https://services.choruscall.in/DiamondPassRegistration/register?confirmationNumber=0067591&linkSecurityString=9488101c

International Dial-in Numbers

  • USA: 1 866 746 2133
  • Canada: 011 800 1424 3444
  • UK: +44 808 101 1573
  • Singapore: +65 800 101 2045

Investor Contact

  • Hanumant Bhansali, Vice President Finance & Director – SA

Additional Information

  • Disclosure uploaded on company website: www.vishnuchemicals.com
  • Company registered office: Plot No. C-23, Road No. 8, Film Nagar, Jubilee Hills, Hyderabad – 500 096, India
  • Document signed by Vibha Shinde, Company Secretary & Compliance Officer on August 03, 2026 at 08:40:25 IST

Forward-Looking Statements Disclaimer

The release contains forward-looking statements concerning future growth prospects, which involve risks and uncertainties that could cause actual results to differ materially. The company does not undertake to update any forward-looking statements.