chemplast sanmar has commenced commercial production from Phase III of Multi-Purpose Production Block III at its Custom Manufactured Chemicals Division in Berigai. The company initiated operations at this facility on May 28, 2026. This expansion is intended to enhance the manufacturing capabilities for custom chemicals.

The notification was submitted to the exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The information was recorded on May 28, 2026, at 5:38 PM IST.

The new production block is located at the Custom Manufactured Chemicals Division in Berigai. This facility is part of the company's broader strategy to scale up its manufacturing infrastructure.

The commencement of Phase III operations follows the completion of necessary infrastructure and testing protocols. The company has not disclosed specific capacity details or investment figures for this phase in the current filing.

Chemplast Sanmar Limited reported a consolidated net loss of ₹280 crore for the financial year ended March 31, 2026, widening from a net loss of ₹110 crore in the previous year. The loss was driven by an exceptional charge of ₹150 crore, primarily comprising provisions for onerous contracts and inventory write-downs due to lower realizable value of finished goods. On a standalone basis, the company recorded a net loss of ₹1,003 crore, impacted by an exceptional impairment of ₹898 crore on its investment in subsidiary Chemplast Cuddalore Vinyls Limited. Separately, the company has confirmed a ₹1,000 crore revenue goal for its Contract Development and Manufacturing Organisation (CDMO) business, even as it acknowledged short-term delays in new product launches.

The Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026. The company noted that regulatory and market developments, including the non-notification of anti-dumping duty, necessitated a revision in budgets and cash flow projections for its subsidiary engaged in the production of Suspension PVC (S-PVC).

Financial Performance

Total consolidated income for FY26 stood at ₹4,252 crore, a decrease from ₹4,393 crore in the previous year. Revenue from operations fell to ₹4,224 crore from ₹4,346 crore. Total expenses for the year decreased to ₹4,474 crore from ₹4,562 crore. The following table summarises the key consolidated financial metrics for the full year:

On a standalone basis, revenue from operations for FY26 was ₹2,170 crore, down from ₹2,388 crore in FY25. The standalone net loss for the year was ₹1,003 crore, compared to a net loss of ₹66 crore in the previous year.

Q4 Performance

For the quarter ended March 31, 2026, the company's consolidated performance showed significant improvement in operating metrics. Revenue for the quarter rose to ₹1,256 crore from ₹1,151 crore in the same quarter last year. The net loss narrowed to ₹45.38 crore from ₹54.17 crore year-on-year. Notably, EBITDA surged to ₹193 crore from ₹36.70 crore, with the EBITDA margin expanding to 15.44% from 3.19%.

CDMO Business Outlook

Chemplast Sanmar has reaffirmed its ₹1,000 crore revenue target for its CDMO business, even as the company acknowledged short-term delays in new product launches. The CDMO segment, which involves providing specialised chemical manufacturing services to pharmaceutical and agrochemical clients, remains a key strategic priority for the company going forward.