OCCL Limited has announced a board meeting scheduled for February 04, 2026, to review and approve the company's unaudited financial results for the third quarter of fiscal year 2026. The meeting will address the financial performance for both the quarter and nine months ended December 31, 2025.

Board Meeting Details

The announcement, made on January 29, 2026, follows the requirements under Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The board will convene on Wednesday to consider and approve the unaudited financial results, marking a significant milestone in the company's quarterly reporting cycle.

Trading Window Closure

In accordance with insider trading prevention protocols, OCCL Limited has implemented a trading window closure for designated persons and their immediate relatives. This measure aligns with the provisions of SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal Code of Conduct for Prohibition of Insider Trading.

Company Information

The notification was signed by Pranab Kumar Maity, Company Secretary & GM-Legal, and communicated to both BSE Limited and National Stock Exchange of India Limited. OCCL Limited operates from multiple locations including its registered office in Gujarat and manufacturing plants in Haryana.

The company maintains its corporate office at World Trade Tower in Noida and operates manufacturing facilities in Dharuhera, Haryana, along with a Special Economic Zone division in Mundra, Gujarat. This board meeting represents part of OCCL Limited's regular quarterly financial reporting obligations to shareholders and regulatory authorities.

OCCL Limited , a leading manufacturer of insoluble sulphur and sulphuric acid, has reported a 16% year-on-year growth in total income for Q2 FY26, despite facing challenges from rising raw material costs and international trade pressures.

Financial Highlights

For H1 FY26, OCCL Limited reported a total income of Rs. 244.00 crores, with an EBITDA of Rs. 47.00 crores and margins of 19.20%.

Operational Performance

The company is currently operating at approximately 70% capacity utilization for insoluble sulphur production, while its sulphuric acid plant is running at full capacity. The total debt position as of September 2025 stood at Rs. 81.00 crores, including long-term debt of Rs. 26.50 crores.

Market Dynamics and Challenges

OCCL Limited faces a complex market environment characterized by both opportunities and challenges:

1. Anti-dumping Duties: The imposition of anti-dumping duties on imports from China and Japan has improved domestic realizations. However, the full benefit has been offset by rising raw material costs.

2. Raw Material Pressures: Benchmark sulphur costs have seen a steady uptrend, driven by tight supply and stronger demand, putting pressure on input costs across the industry.

3. U.S. Tariffs: The recent 50% tariff imposed by the United States on imports from India has impacted the company's margins on its U.S. exports.

4. Global Market Oversupply: The insoluble sulphur market remains stable, but global realizations are under pressure due to oversupply conditions.

Strategic Outlook

Despite near-term challenges, OCCL Limited remains optimistic about its growth trajectory:

1. Domestic Market Focus: The company aims to increase its domestic market share from the current 55% to 60-65%, leveraging the fast-growing Indian insoluble sulphur market.

2. Global Demand Growth: Management expects a 2-3% annual growth in global demand for insoluble sulphur.

3. Potential Anti-dumping Measures: The company is exploring the possibility of initiating anti-dumping measures against Malaysia if current pricing trends continue.

4. R&D and Operational Efficiency: OCCL Limited is focusing on its R&D foundation and cost-competitive manufacturing base to strengthen its market position.

Mr. Akshat Goenka, Joint Managing Director of OCCL Limited, commented, "While we expect near-term realizations to stay soft as supply currently exceeds demand, we remain confident in our ability to navigate the short-term challenges. We are hopeful that the U.S. tariff situation should get resolved soon."

The company's management remains committed to operational efficiency, product quality, and sustainability to deliver consistent value to stakeholders in the medium to long term.

Conclusion

OCCL Limited's Q2 FY26 results reflect the company's resilience in a challenging market environment. While revenue growth remains strong, margin pressures from rising raw material costs and international trade issues persist. The company's strategic focus on the domestic market and potential regulatory measures could provide support in the coming quarters. Investors should monitor global sulphur prices, the resolution of U.S. tariffs, and the potential for new anti-dumping measures as key factors influencing the company's performance in the near term.