Tanfac Industries , a leading manufacturer in India's fluorine chemicals sector, has announced robust financial results for the first quarter, showcasing significant growth in both revenue and profitability.

Financial Highlights

The company's unaudited financial results for Q1 reveal impressive year-on-year growth:

Key Performance Drivers

The substantial increase in revenue and profitability can be attributed to several factors:

1. Capacity Enhancement: The successful commissioning of the new Hydrofluoric Acid (HF) facility in the previous financial year has significantly contributed to the company's growth.

2. Improved Sales Volumes: The company experienced enhanced sales volumes of hydrofluoric acid, a key product in its portfolio.

3. Solar Grade DHF Project: Tanfac Industries completed the initial phase of its Solar Grade DHF project in June, adding an annual capacity of 5,000 metric tonnes.

Management Commentary

Mr. Afzal Malkani, Director of Tanfac Industries, commented on the quarterly performance, stating, "The higher revenue and profitability were attributable to the commissioning of the new HF facility, which was implemented successfully in the preceding financial year."

He also highlighted the company's ongoing expansion efforts, noting that the second phase of the Solar Grade DHF project is currently under implementation. This phase is expected to double the total Solar Grade DHF capacity to 10,000 metric tonnes per annum and is slated for completion during the second quarter of the current financial year.

Future Outlook

Tanfac Industries remains committed to pursuing growth in HF and downstream product markets. With additional downstream product developments underway, the company is poised to sustain strong operational and financial performance in the coming years.

Corporate Updates

In other news, the company has appointed Mr. Hemango Gupta as its new Chief Executive Officer, effective July 16. Mr. Gupta brings over two decades of experience in the chemicals industry, particularly in strategy, business development, and marketing.

The company has also scheduled its 51st Annual General Meeting for September 25.

Tanfac Industries continues to demonstrate its commitment to growth and operational excellence in the fluorine chemicals sector, positioning itself for sustained success in the evolving market landscape.

Tanfac Industries Limited, a joint sector company with TIDCO and Anupam Rasayan India Ltd., has announced impressive financial results for the first quarter, showcasing substantial growth across key metrics.

Financial Highlights

The company's performance for Q1 demonstrated remarkable improvement:

Tanfac Industries witnessed a significant surge in revenue, reaching ₹1,760.00 crore compared to ₹953.00 crore in the corresponding quarter of the previous year, marking an impressive 84.7% year-over-year growth.

The company's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) saw a substantial increase to ₹290.00 crore from ₹156.00 crore in the same period last year, representing a robust 85.9% growth. This growth in EBITDA outpaced the revenue growth, indicating improved operational efficiency.

Net profit also showed a strong upward trend, rising to ₹194.00 crore from ₹113.00 crore year-over-year, translating to a 71.7% increase. This significant boost in profitability underscores the company's ability to effectively manage costs while driving revenue growth.

The EBITDA margin slightly improved to 16.46% from 16.40% in the previous year's corresponding quarter, reflecting the company's sustained focus on maintaining profitability amid rapid growth.

Corporate Developments

In addition to the strong financial performance, Tanfac Industries has made several key announcements:

1. New CEO Appointment: The Board of Directors has appointed Mr. Hemango Gupta as the Chief Executive Officer of the company, effective July 16, 2025. Mr. Gupta brings over two decades of experience in the chemicals industry, with expertise in strategy, business development, and marketing. His appointment is expected to contribute to the company's future growth and strategic direction.

2. Annual General Meeting: The 51st Annual General Meeting of the company is scheduled for Thursday, September 25, 2025.

3. Secretarial Auditor Appointment: The Board has approved the appointment of Ms. Kalyani Srinivasan as the Secretarial Auditor of the company for a term of five consecutive years, subject to shareholder approval at the upcoming Annual General Meeting.

These developments, coupled with the strong financial results, indicate Tanfac Industries' commitment to robust governance and strategic growth initiatives.

The company's impressive Q1 performance, marked by substantial revenue growth and improved profitability, positions Tanfac Industries favorably in the chemicals sector. As the company moves forward with new leadership and continued focus on operational efficiency, stakeholders will be keenly watching its trajectory in the coming quarters.