GMM Pfaudler , a global leader in corrosion-resistant technologies, systems, and services, has announced its financial results for the second quarter of fiscal year 2026, ending September 30, 2025. The company demonstrated robust performance with significant year-on-year growth in revenue and profitability.

Financial Highlights

Operational Performance

GMM Pfaudler's order intake for Q2 FY26 was ₹878 crore, contributing to a robust order backlog of ₹2,146 crore as of September 30, 2025. This represents a 21% increase in the order backlog compared to the same period last year, indicating strong market demand for the company's products and services.

Strategic Developments

The company completed the acquisition of SEMCO Tecnologia em Processos Ltda. in Brazil during the quarter. This strategic move is expected to enhance GMM Pfaudler's presence in South America and expand its capabilities in the Mining, Metals & Minerals, and Water Treatment markets.

Segment Performance

Management Commentary

Tarak Patel, Managing Director of GMM Pfaudler, commented on the results: "Our financial performance has improved this quarter, with both revenue and profitability increasing, largely due to strong results from our non-glasslined business which further reinforces our diversification strategy. Although we are seeing positive developments in certain regions and industry segments, the global chemical market is expected to remain sluggish due to overcapacity, geopolitical issues, and uncertainties surrounding trade."

Outlook

While the company maintains a positive outlook based on its strong order backlog and strategic acquisitions, it remains cautious about global market conditions, particularly in the chemical sector. GMM Pfaudler's focus on diversification and expansion into new markets is expected to help mitigate potential challenges in its traditional markets.

The Board of Directors has announced an interim dividend of ₹1 per share for the financial year 2025-26, with the record date set as November 17, 2025.

GMM Pfaudler's solid Q2 FY26 performance, coupled with its strategic initiatives, positions the company well for continued growth in the coming quarters, despite the challenging global economic environment.

GMM Pfaudler , a global leader in corrosion-resistant technologies, systems, and services, has announced strong financial results for the second quarter, demonstrating significant growth and strategic expansion.

Financial Highlights

GMM Pfaudler reported a consolidated revenue from operations of ₹902.34 crores for Q2, marking a substantial increase of 30.6% compared to ₹805.42 crores in the same quarter last year. The company also saw a 12% quarter-on-quarter growth from ₹794.55 crores in Q1.

Profitability showed remarkable improvement, with consolidated profit for the quarter reaching ₹38.80 crores, more than doubling from ₹15.24 crores in the corresponding period last year.

For the half-year period, the company's consolidated revenue stood at ₹1,696.89 crores, up from ₹1,590.62 crores in the previous year, indicating sustained growth momentum.

Key Financial Metrics

Segment Performance

The company's overseas operations contributed significantly to the quarterly revenue, generating ₹645.16 crores, while India operations accounted for ₹257.18 crores.

Strategic Acquisitions

GMM Pfaudler completed two strategic acquisitions during the period:

1. SEMCO Tecnologia em Processos Ltda in Brazil for approximately ₹62 crores.
2. A 51% stake in GMM Inox sp.z.o.o for approximately ₹25.30 crores.

These acquisitions are expected to strengthen the company's global presence and expand its product offerings.

Dividend Announcement

The Board of Directors has approved an interim dividend of ₹1 per share. The record date for the dividend is set as November 17, with payment to be made by December 4.

Management Commentary

Tarak Patel, Managing Director of GMM Pfaudler, commented on the results: "Our financial performance has improved this quarter, with both revenue and profitability increasing, largely due to strong results from our non-glasslined business which further reinforces our diversification strategy. Order intake has remained robust, particularly in India, where we have seen significant improvements."

He added, "The acquisition of SEMCO Tecnologia em Processos Ltda. has been successfully completed, allowing us to tap into the rapidly growing Mining, Metals & Minerals, and Water Treatment markets in South America. Additionally, our facility in Poland is now fully operational, further enhancing our manufacturing capabilities in Europe."

Outlook

While the company has reported strong results, Mr. Patel noted that the global chemical market is expected to remain sluggish due to overcapacity, geopolitical issues, and uncertainties surrounding trade. However, GMM Pfaudler's diversification strategy and recent acquisitions position it well to navigate these challenges.

The company's current order backlog stands at ₹2,146 crores, reflecting a 21% increase from the same quarter in the previous year, indicating a healthy pipeline for future growth.

GMM Pfaudler's robust performance in Q2, coupled with strategic acquisitions and a strong order book, underscores its resilience and growth potential in the global corrosion-resistant technologies market.