Chemplast Sanmar

Chemplast Sanmar Limited achieved revenue of INR 1,100 crores and EBITDA of INR 17 crores in Q1 FY26, compared to INR 1,145 crores revenue in the previous year. The company reported a net loss of INR 64 crores for the quarter. Revenue declined 4% year-on-year due to lower PVC realizations and reduced Caustic Soda volumes, partially offset by higher Suspension PVC volumes. The company faced pricing pressures from dumping of Paste PVC from Europe and Suspension PVC from China. Specialty Chemical revenue remained flat at INR 355 crores, while Suspension PVC revenue was INR 646 crores. The new Paste PVC plant in Cuddalore has reached full operating capacity. Anti-dumping duty investigations are ongoing for European Union and Japan for Paste PVC, with final findings expected by end of calendar year. For Suspension PVC, final anti-dumping duty findings are expected soon following disclosure statement issuance. The company sold 92,849 tons of Suspension PVC during the quarter, representing 17% quarter-on-quarter growth. Construction of multipurpose blocks MPB 3 Phase 3 and MPB 4 are progressing as planned with completion expected by Q3. Environmental clearance has been received for the R32 refrigerant gas project.

Chemplast Sanmar Limited conducted an earnings call on July 29, 2025, following the release of their unaudited financial results for the quarter ended June 30, 2025. The company has made the audio recording of this earnings call available on their website. The call was held at 6:05 PM IST and covered both standalone and consolidated financial results.

Chempplast Sanmar expects a strong future outlook for its Paste PVC and Suspension PVC products. The company anticipates steady demand and is seeing positive signs from the automobile industry, which could benefit its PVC business segments.