Pasupati Acrylon Limited (PAL) has announced its financial results for the quarter ended September 30, 2025, showcasing a remarkable improvement in its performance across key financial metrics.

Revenue Soars

The company reported a substantial increase in revenue from operations, which stood at Rs. 280.25 crore for Q2 FY2026, compared to Rs. 124.44 crore in the same quarter of the previous year, marking a significant year-on-year growth of 125.21%.

Profit Surge

PAL's net profit for the quarter witnessed an impressive jump to Rs. 16.20 crore, up from Rs. 2.73 crore in the corresponding quarter last year, representing a staggering 493.41% increase. This substantial growth in profitability underscores the company's improved operational efficiency and market performance.

Earnings Per Share

The company's earnings per share (EPS) saw a considerable rise, reaching Rs. 1.82 compared to Rs. 0.31 in the same quarter of the previous year, reflecting a 487.10% increase.

Segment-wise Performance

Pasupati Acrylon operates in three business segments, each contributing to the overall revenue:

The ethanol segment, a recent addition to the company's portfolio, has shown promising results, contributing significantly to the overall revenue.

Financial Position

As of September 30, 2025, PAL's total assets stood at Rs. 644.97 crore, indicating a robust financial position. The company's equity share capital remained unchanged at Rs. 89.13 crore, while other equity increased to Rs. 292.94 crore.

Management Commentary

The board of directors approved these unaudited financial results at their meeting held on November 7, 2025. The company noted that the current period's financial results are not directly comparable with previous periods due to the addition of a 150 KL per day Grain-based Distillery for Ethanol blended petrol as a new segment on March 25, 2025.

Conclusion

Pasupati Acrylon Limited's Q2 FY2026 results demonstrate strong growth across revenue and profitability metrics. The company's diversification into the ethanol segment appears to be yielding positive results, contributing significantly to its overall performance. These results may be viewed as encouraging by investors and market observers.

Note: All financial figures are in Indian Rupees (INR).

Pasupati Acrylon Limited , a key player in the Indian petrochemical industry, has announced a significant development that may boost its revenue substantially. The company has been granted an order to supply 32,320 kilolitres of ethanol worth ₹215.00 crore for the Ethanol Supply Year (ESY) 2025-26.

Contract Details

The contract involves supplying ethanol to three major oil marketing companies (OMCs) in India:

1. Bharat Petroleum Corporation Limited (BPCL)
2. Indian Oil Corporation Limited (IOCL)
3. Hindustan Petroleum Corporation Limited (HPCL)

This allocation is part of the Ethanol Blended Petrol Programme (EBPP), a government initiative aimed at reducing the country's dependence on imported fossil fuels and promoting cleaner energy alternatives.

Financial Impact

The secured contract is expected to have a significant impact on Pasupati Acrylon's financial performance:

The anticipated 40% boost in annual revenue underscores the importance of this contract for the company's growth trajectory.

Execution Timeline

According to the company's filing with the stock exchanges, the ethanol supply is scheduled for the Ethanol Supply Year 2025-26. This timeframe allows Pasupati Acrylon to plan and prepare for the increased production and supply logistics.

Strategic Implications

This contract represents a strategic win for Pasupati Acrylon, potentially strengthening its position in the ethanol market. The company's participation and success in the bidding process for the EBPP demonstrate its capability to meet the requirements of major oil marketing companies.

Conclusion

The ₹215.00 crore ethanol supply contract marks a significant milestone for Pasupati Acrylon. As the company prepares to fulfill this substantial order, investors and market watchers may closely monitor how this development translates into financial performance and market valuation in the coming years.