Privi Speciality Chemicals Limited (PSCL) has reported strong financial results for the first quarter, demonstrating significant growth across key metrics and reinforcing its position in the specialty aroma chemicals sector.

Financial Highlights

PSCL delivered impressive standalone revenue growth of 29.6% year-over-year, reaching Rs 566.40 crore. The company's consolidated revenue also showed robust growth, increasing by 21.7% to Rs 558.80 crore. Profitability saw a substantial boost, with standalone Profit After Tax (PAT) surging by 113.3% to Rs 68.70 crore, while consolidated PAT rose by 97.1% to Rs 61.90 crore.

The company's EBITDA margins improved significantly, reaching 25.2% on a standalone basis and 24.8% on a consolidated basis. This performance contributed to enhanced returns, with Return on Capital Employed (ROCE) increasing by 500 basis points and Return on Equity (ROE) rising by 670 basis points.

Operational Performance and Growth Drivers

PSCL reported strong demand across all product categories, with healthy growth in both domestic and global markets. The company's flagship and specialty products were the primary drivers of revenue growth. Management highlighted that the partly completed capacity expansion (Phase 1) is expected to start contributing from Q2, with full completion anticipated in Q4, setting the stage for further growth.

Sustainability Recognition

In a significant achievement, Privi Speciality Chemicals received the Platinum rating from EcoVadis, placing it among the top 1% of companies globally for Environmental, Social, and Governance (ESG) performance. This recognition underscores the company's commitment to sustainability and responsible business practices. PSCL emphasized that approximately 70% of its raw materials are sourced from renewable sources, further solidifying its position as a leader in sustainable chemical manufacturing.

Strategic Initiatives

The company announced a proposed scheme of amalgamation to merge Privi Fine Sciences Limited and Privi Biotechnology Private Limited with the parent company, Privi Speciality Chemicals Limited. This strategic move aims to unlock synergies, enhance operational efficiency, and create a more integrated structure to support scalable growth and innovation.

Management Commentary

Mr. Mahesh Babani, Chairman and Managing Director of Privi Speciality Chemicals, commented on the results: "We are pleased to begin on a steady note, with continued momentum across our key products. This quarter marks the beginning of a transformative phase for Privi, as we lay the foundation for a more integrated, resilient, and future-ready organization."

Outlook

With robust demand across product categories, ongoing capacity expansions, and a strong focus on sustainability and operational excellence, Privi Speciality Chemicals appears well-positioned for continued growth. The company's strategic initiatives, including the proposed amalgamation and focus on green chemistry, are expected to drive long-term value creation for stakeholders.

As PSCL continues to strengthen its position in the global aroma chemicals market, investors and industry observers will be watching closely to see how these initiatives translate into sustained financial performance and market leadership in the coming quarters.

Privi Speciality Chemicals Limited , a leading player in the aroma chemicals sector, has reported strong financial results for the first quarter, showcasing significant growth across key metrics.

Financial Highlights

• Revenue: The company's revenue rose to ₹5,635.59 crore, marking a 22% increase from ₹4,611.64 crore in the same quarter last year.
• Net Profit: Consolidated net profit more than doubled to ₹619.00 crore, compared to ₹314.00 crore in the corresponding period of the previous year.
• EBITDA: Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) saw a substantial increase to ₹1,320.00 crore from ₹944.00 crore year-on-year.
• EBITDA Margin: The EBITDA margin expanded to 23.42% from 20.47% in the same quarter last year, indicating improved operational efficiency.

Performance Analysis

The robust quarterly performance demonstrates Privi Speciality Chemicals' strong market position and operational excellence. The significant jump in net profit and EBITDA underscores the company's ability to manage costs effectively while driving revenue growth.

About Privi Speciality Chemicals

Privi Speciality Chemicals Limited is a key player in the aroma chemicals industry. The company's business activities fall within a single segment of 'Aroma Chemical', as per their financial reporting.

Investor Information

The detailed financial results, including the unaudited standalone and consolidated financial statements for the quarter ended, have been reviewed by the audit committee and approved by the Board of Directors. These results are available for investors on the company's website ( www.privi.com ) as well as on the websites of the National Stock Exchange ( www.nseindia.com ) and Bombay Stock Exchange ( www.bseindia.com ).

Investors and stakeholders can expect a comprehensive view of the company's performance as more detailed analysis becomes available.