TGV Sraac , a prominent player in the chemical industry, has reported stellar financial results for the first quarter, showcasing significant growth across key metrics.

Profit Soars

The company's net profit witnessed a remarkable surge, climbing to ₹388.00 million from ₹137.10 million in the same period last year, marking an impressive year-over-year growth of 183%.

Revenue Growth

TGV SRAAC's revenue also saw substantial improvement, increasing to ₹4.90 billion compared to ₹3.79 billion in the corresponding quarter of the previous year. This represents a solid 29.3% growth in top-line performance.

EBITDA Performance

The company's operational efficiency was highlighted by a significant boost in EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization). EBITDA more than doubled, reaching ₹945.00 million, up from ₹421.30 million in the year-ago period.

Margin Expansion

Notably, TGV SRAAC achieved substantial margin expansion. The EBITDA margin saw a remarkable improvement, expanding to 19.26% from 11.11% year-over-year, indicating enhanced operational efficiency and cost management.

Financial Highlights

The robust performance across all key financial metrics underscores TGV SRAAC's strong market position and effective business strategies. The significant improvements in profitability and operational efficiency suggest that the company has successfully navigated challenges and capitalized on market opportunities during the quarter.

TGV Sraac , a leading chemical manufacturer, has announced strong financial results for the first quarter of fiscal year 2026, demonstrating significant growth across key metrics.

Financial Highlights

• Net Profit: ₹388.00 crore, up 183% from ₹137.10 crore in Q1 FY2025
• Revenue: ₹4,909.00 crore, a 29.5% increase from ₹3,790.00 crore in the same period last year
• EBITDA: ₹945.00 crore, more than doubled from ₹421.30 crore in Q1 FY2025
• EBITDA Margin: Expanded to 19.26% from 11.11% year-over-year

Segment Performance

The company's financial results reveal strong performance across its business segments:

1. Chemicals Segment:

   • Revenue: ₹4,876.80 crore
   • Profit before tax and interest: ₹592.80 crore

2. Oils & Fats Segment:

   • Revenue: ₹79.80 crore
   • Loss before tax and interest: ₹18.80 crore

Key Financial Metrics

Management Commentary

While specific management comments were not provided, the substantial improvement in financial performance indicates effective cost management and strong demand for the company's products.

Operational Highlights

• The company has revised the useful life of certain property, plant, and machinery in the chemical segment, resulting in an increase in depreciation by ₹161.40 crore for the quarter.
• This change in accounting estimate has impacted the profit and earnings per share by ₹1.13 for Q1 FY2026.

Future Outlook

TGV SRAAC Limited's strong start to the fiscal year 2026 positions it well for continued growth. The significant expansion in EBITDA margin suggests improved operational efficiency and potentially favorable market conditions for the company's products.

Corporate Governance

The Board of Directors has made several key decisions:

1. Appointment of Dr. M Asha Reddy as an Additional Director in the category of Non-Executive Independent Director for a five-year term.
2. Recommendation for the appointment of Sri P. Raghavendra Reddy as Director (Quality Assurance) for three years.
3. Re-designation of Sri E. Ramaiah as Director (Mechanical) with restructured remuneration.
4. Appointment of Mr. Mahadev Tirunagari as Secretarial Auditor for a five-year term.

These appointments and changes in the board structure reflect the company's commitment to strengthening its governance and operational leadership.

TGV SRAAC Limited's impressive Q1 FY2026 results demonstrate the company's resilience and ability to capitalize on market opportunities. With strong financial performance and strategic governance changes, the company appears well-positioned for sustained growth in the coming quarters.