Shree Pushkar Chemicals & Fertilisers Ltd , a leading manufacturer of dyes, dye intermediates, and fertilisers, has reported robust financial results for the first quarter, alongside ambitious expansion plans.

Financial Highlights

The company demonstrated significant growth across key financial metrics:

• Revenue from Operations surged to ₹254.50 crore, marking a 31.10% year-on-year increase and a 16.00% quarter-on-quarter rise.
• EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) reached ₹29.10 crore, showing a substantial 64.80% year-on-year growth and a 17.90% quarter-on-quarter improvement.
• Profit After Tax (PAT) climbed to ₹21.00 crore, representing a 63.20% year-on-year increase and a 26.70% quarter-on-quarter growth.
• EBITDA margin expanded to 11.40% from 9.10% in the same quarter last year, while PAT margin improved to 8.20% from 6.60%.

Segment Performance

The company's growth was driven by strong performances in both its Chemicals and Fertilisers segments:

Expansion Plans

Shree Pushkar Chemicals & Fertilisers has announced plans to invest ₹85 crore for capacity expansion and solar power projects. Key initiatives include:

1. Ongoing construction and site development for Unit 6 in Ratnagiri, Maharashtra.
2. Setting up a 10 MW DC Solar Power plant in Nanded, Maharashtra under the 'Open access scheme'.
3. Initiating the setup of a 1.1 MW DC solar power plant at the Hisar Plant.

Strategic Developments

The company has approved the incorporation of a wholly-owned subsidiary, Dyecol Color Technologies Private Limited, to serve as the marketing arm for its Dyes and Dyes Intermediates business. This strategic move aims to enhance brand positioning, expand market reach, and improve customer engagement across domestic and international markets.

Management Commentary

Punit Gopikishan Makharia, Chairman and Managing Director, commented on the performance: "The company has delivered solid growth across both revenue and profitability, supported by strong demand in the Fertilisers segment and improved realizations in both product categories."

He added, "Our strategic initiatives reinforce our ability to sustain growth momentum, enhance profitability, and maintain disciplined cost control, while unlocking higher operational leverage and driving long-term value creation."

Future Outlook

With a strong cash position and ongoing investments in capacity expansion and renewable energy, Shree Pushkar Chemicals & Fertilisers is well-positioned for sustained growth. The company remains focused on maintaining a net cash positive position throughout these strategic initiatives, signaling confidence in its financial management and growth prospects.

As the company continues to expand its production capabilities and strengthen its market presence, investors and industry observers will be keenly watching its performance in the coming quarters.

Shree Pushkar Chemicals , a leading manufacturer of dyes, dye intermediates, and fertilisers, has reported a robust financial performance for the first quarter. The company's consolidated net profit soared by 64% year-over-year, marking a significant improvement in its bottom line.

Financial Highlights

• Net Profit: The consolidated net profit rose to ₹210.00 million, up from ₹128.00 million in the same quarter of the previous year, representing a substantial 64% increase.
• Revenue: The company's revenue climbed to ₹2.54 billion, compared to ₹1.94 billion in the corresponding period last year, showing a strong growth of 31.1%.
• EBITDA: Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) grew to ₹291.00 million from ₹177.00 million year-over-year.
• EBITDA Margin: The EBITDA margin expanded to 11.44% from 9.1% in the same quarter last year, indicating improved operational efficiency.

Segment Performance

The company's growth was driven by strong performances across its key business segments:

Strategic Developments

1. Expansion Plans: The company is progressing with the construction and site development for Unit 6 in Ratnagiri, Maharashtra.

2. Renewable Energy Initiative: Shree Pushkar has initiated the setting up of a 10 MW DC Solar Power plant in Nanded, Maharashtra under the 'Open access scheme'.

3. Business Restructuring: The company has approved the incorporation of a wholly-owned subsidiary, Dyecol Color Technologies Private Limited, as the marketing arm for its Dyes and Dyes Intermediates business. This strategic move aims to enhance efficiency and expand market reach.

4. Solar Power Integration: The company initiated the setup of a 1.1 MW DC solar power plant at its Hisar Plant, further strengthening its commitment to sustainable energy practices.

Management Commentary

Mr. Punit Gopikishan Makharia, Chairman and Managing Director, expressed satisfaction with the company's performance, stating, "The company has delivered solid growth across both revenue and profitability, supported by strong demand in the Fertilisers segment and improved realizations in both product categories."

He further added, "Our strategic initiatives, including the incorporation of Dyecol Color Technologies Private Limited and ongoing capacity expansions, reinforce our ability to sustain growth momentum, enhance profitability, and maintain disciplined cost control."

Shree Pushkar Chemicals continues to focus on maintaining a net cash positive position while pursuing its growth and expansion strategies. The company's strong Q1 performance sets a positive tone, with management expressing confidence in their ability to drive long-term value creation through operational excellence and strategic investments.