ALFA Finder| Revenue growth | +28% YoY Q2; +15% H1 |
|---|---|
| Margins | Q2 EBITDA margin 8% vs 4%; VAC margins pressured. |
| Order book | CMCD robust order book across agro, pharma, specialty. |
| Demand visibility | Paste PVC demand robust; CMCD pipeline healthy; S-PVC soft. |
| Management confidence | Confident on long-term speciality growth; cautious on commodities. |
Growth
Q2 revenue +28% YoY to Rs 1,323 Cr; H1 +15% to Rs 2,448 Cr. Q2 EBITDA Rs 111 Cr.
Outlook
No numeric guidance. R-32 capacity by end-FY27; MPB-3 civil work by Q3 FY27; new molecules commercialisation.
Risks
Chinese PVC dumping, weak VAC margins, volatile PVC-VCM spreads, Paste PVC import-assessment uncertainty.
Last quarter's promises, checked
Delivered
- EBITDA positive from Q3 after Q1 loss Rs115 Cr → Q2 EBITDA Rs111 Cr, 8% margin (= BEAT, a quarter early)
Partly delivered
- R-32 capacity online by end-FY27 → swing plant live since May'26, new plant still commissioning (= PARTIAL)
- CMCD INR1,000 Cr target on track → Q2 Specialty Rs488 Cr (+31%), CMCD-only figure not disclosed (= PARTIAL)
Missed
- Worst over, PVC recovery from Q3 → Q2 commodity PVC/VAC still weak, Chinese dumping flagged as risk (= MISS)
Investor Presentation filed with BSE, NSE: CHEMPLASTS. Summary written with AI assistance from the document.
Chemplast Sanmar Ltd: key numbers
- Share price
- ₹212.29
- Market cap
- ₹3,357 Cr
- Revenue (annual)
- ₹4,224 Cr
- Net profit (annual)
- ₹-279.9 Cr
- P/E (TTM)
- -9.7×Sector 28.2×
- Promoter holding
- 54.99%+0.00% QoQ
- FII holding
- 10.66%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Chemplast Sanmar Ltd
All →Chemplast Sanmar Q2 FY27 Results: Net Loss of ₹5.5 Cr, Loss Narrows
Chemplast Sanmar Ltd reported revenue from operations of ₹1,323 Cr (+28.1% YoY) and a net loss of ₹5.5 Cr for Q2 FY27.
- Key figure
- Net loss ₹5.5 Cr
Chemplast Sanmar Other Announcement
Chemplast Sanmar intimated that its RTA, KFin Technologies, will shift its corporate office from 1 December 2026. The RTA's registered office is unchanged.
Chemplast Sanmar Annual General Meeting
Chemplast Sanmar has issued a Notice of Postal Ballot seeking shareholder approval to appoint Mr Prashanth Vasu as Non-Executive, Non-Independent Director. E-voting runs from October 31 to November 29, 2026.
Chemplast Sanmar Board Meeting Date
Chemplast Sanmar will meet on 4 November 2026 to approve September quarter results. The trading window stays closed until 6 November 2026.
Chemplast Sanmar Other Announcement
Chemplast Sanmar Ltd has filed its quarterly shareholding pattern for the period ended September 2026, pursuant to SEBI Regulation 31(1)(b) disclosure requirements.
Chemplast Sanmar Acquisition Worth ₹0.45 Cr
Chemplast Sanmar Ltd will acquire a 27% equity stake in Yesaryes Energy Pvt Ltd for ₹0.45 Crore to source solar power under a group captive scheme.
- Value
- ₹0.45 Cr
- solar capacity
- 37.5 MW