TGV Sraac , a leading chemical manufacturer, has announced robust financial results for the second quarter of fiscal year 2026, demonstrating significant growth in both revenue and profitability.

Financial Highlights

• Net Profit: ₹370.00 crore, up 12% year-over-year from ₹330.00 crore
• Revenue: ₹5,000.00 crore, a 16% increase from ₹4,300.00 crore in the same period last year
• Earnings Per Share (EPS): ₹3.46, compared to ₹3.07 in Q2 FY2025

Segment Performance

The company's strong performance was primarily driven by its chemicals segment, which continues to be the main revenue generator:

Operational Efficiency

TGV Sraac's focus on operational efficiency is evident in its financial results:

• EBITDA Margin: Improved to 19.4% from 16.5% in the same quarter last year
• Finance Costs: Decreased to ₹618.00 crore from ₹690.00 crore in the previous quarter

Balance Sheet Strength

The company's balance sheet remains robust:

• Cash and Cash Equivalents: ₹3,938.00 crore, up from ₹3,317.00 crore at the end of FY2025
• Total Assets: ₹2,03,647.00 crore, showing a steady increase from ₹1,96,761.00 crore in March 2025

Management Commentary

V. Radhakrishna Murthy, CGM & Company Secretary, stated, "Our strong performance in Q2 FY2026 reflects the company's resilience and strategic focus on core business areas. The significant growth in our chemicals segment and improved operational efficiencies have contributed to this positive outcome."

Future Outlook

While the company has not provided specific guidance for the future, the management remains optimistic about sustaining growth momentum, supported by:

1. Continued focus on the high-performing chemicals segment
2. Ongoing efforts to improve operational efficiencies
3. Strategic investments in capacity expansion and technology upgrades

Investors and analysts will be keenly watching TGV Sraac's performance in the coming quarters, especially given the challenging global economic environment and fluctuating raw material prices.

The company's board meeting, which approved these results, was held on November 12, 2025, and lasted from 12:30 PM to 3:00 PM.

TGV Sraac , a prominent player in the chemical industry, has reported a significant production disruption due to a transformer failure at its facility. The company, known for its caustic soda and chlorine production, is now grappling with the consequences of this unexpected equipment malfunction.

Production Impact

The transformer failure has resulted in a substantial loss of production capacity:

Production loss is measured in Tonnes Per Day (TPD)

Duration and Resolution Efforts

The company estimates that this production disruption may continue for approximately 60 days. In response to this setback, TGV SRAAC Limited is taking proactive measures:

1. Collaborating with the supplier, Transformers and Rectifiers India Ltd., for rewinding the failed transformer.
2. Exploring alternative solutions to expedite the restart of operations.

Regulatory Compliance

In adherence to regulatory requirements, TGV SRAAC Limited has promptly informed the BSE Limited about this incident, as per Regulation 30 read with Schedule III Part-A Para-B of SEBI (LODR) Regulations, 2015.

Company Background

TGV SRAAC Limited, with its registered office in Kurnool, Andhra Pradesh, is part of the TGV Group. The company operates in the chemical sector, with a focus on the production of caustic soda and chlorine, which are essential raw materials for various industries.

This unexpected transformer failure presents a significant challenge for TGV SRAAC Limited. The company's ability to swiftly resolve this issue and resume normal production will be crucial in minimizing the financial impact and maintaining its market position in the chemical industry.