Bhageria Industries Limited , a leading specialty chemicals manufacturer, has reported robust financial results for the second quarter of fiscal year 2026, demonstrating significant growth across key metrics. The company also announced its entry into the plasticizers segment, marking a strategic expansion of its product portfolio.

Financial Performance

For Q2 FY26, Bhageria Industries posted impressive year-on-year growth:

The company's performance for the first half of FY26 was equally strong:

Operational Highlights

• Plant utilization stands at 95-97% across facilities.
• Export markets remain robust, with healthy demand from Southeast Asia and Europe.
• The company maintains a strong focus on efficiency, integration, and sustainability.

Strategic Expansion

Bhageria Industries announced two significant developments:

1. Entry into Plasticizers Segment: The company plans to commence commercial production of plasticizers by December 2025 at its Tarapur facility. This move targets applications in PVC cables, flooring, and automotive components.

2. H-ACID Capacity Expansion: The company is increasing its H-ACID capacity from 400 to 500 metric tons per month at Tarapur, with an investment of ₹5 crore. This expansion is expected to generate additional annual revenue of ₹50-75 crore at current prices.

Future Outlook

Bhageria Industries remains confident in maintaining its growth trajectory through continued product innovation, capacity expansion, and export diversification. The company is well-positioned to capitalize on the structural shift in the Indian chemical industry, driven by global supply chain realignment and strong domestic demand.

Management Commentary

Suresh Bhageria, Chairman of Bhageria Industries, stated, "Our consistent performance this year underscores our resilient execution, efficient cost management, and proactive investment in capacity and new product segments. We have delivered another quarter of broad-based growth supported by healthy demand, robust exports, and improved product mix."

The company's focus on efficiency, integration, and sustainability continues to enhance both scale and profitability. With a solid balance sheet and a clear strategic roadmap, Bhageria Industries is committed to building a stronger, more diversified business that consistently delivers growth and value to its stakeholders.

As the chemical industry in India undergoes a structural shift, Bhageria Industries appears well-positioned to capture emerging opportunities through its expanding specialty portfolio and commitment to sustainable practices.

Bhageria Industries , a diversified chemical manufacturer, has reported impressive financial results for the first half of FY26, showcasing significant growth across key metrics.

Financial Highlights

Bhageria Industries has delivered a stellar performance in the first half of FY26, with net profit soaring by 83.28% to ₹22.36 crore, compared to the same period last year. This substantial increase in profitability underscores the company's effective cost management and operational efficiency.

The company's top-line growth was equally impressive, with total income climbing 48.24% year-over-year to reach ₹369.99 crore. This robust revenue growth indicates strong demand for Bhageria Industries' products and services in the market.

Q2 FY26 Performance

For the second quarter of FY26, Bhageria Industries continued its strong performance:

• Net profit increased by 79.68% to ₹11.47 crore
• Total income rose by 55.59% to ₹206.02 crore

Expansion and New Ventures

Bhageria Industries is actively pursuing growth opportunities:

• The company is expanding its H-Acid capacity from 400 MT/M to 500 MT/M at its Tarapur facility. This expansion is expected to generate additional annual revenue of ₹50-55 crore.
• Bhageria has launched production of plasticizers and ethoxylates at Tarapur, marking its entry into the polymer additives market. This move targets industries such as PVC, cable, flooring, footwear, and automotive components.

Credit Rating

CARE Ratings has reaffirmed Bhageria Industries' credit rating at CARE A; Stable / CARE A1 for bank facilities totaling ₹91 crore, reflecting the company's strong financial position.

Management Commentary

Chairman Suresh Bhageria attributed the company's performance to operational efficiency and an improved product mix.

Conclusion

Bhageria Industries' H1 FY26 results demonstrate strong financial performance, with substantial growth in revenue and profitability. The improved net profit margin and ongoing expansion efforts indicate the company's focus on operational efficiency and strategic growth. These results position Bhageria Industries favorably in terms of its financial health and operational performance for the reported period.