| Revenue growth | 24.9% YoY growth to ₹433.4 Cr driven by volume and value-mix. |
|---|---|
| Margins | EBITDA margins slightly contracted to 15.1% due to maintenance and logistics. |
| Demand visibility | Robust global demand for barium carbonate, chromium derivatives, and strontium. |
| Management confidence | Highly optimistic, particularly regarding new specialty chemical launches and backward integration. |
Growth
Revenue grew 24.9% YoY to ₹433.4 Cr; PAT rose 23% to ₹39.6 Cr. Chromium derivative mix improved from 40% to 50%.
Outlook
Management targeting 20% EBITDA margins and 15-20% barium volume growth for FY27. DMSO and chrome metal start in FY28.
Risks
Logistics costs spiked to 10% of revenue and may double. One-time barium cost adjustments and strontium yield issues impacted margins.
Last quarter's promises, checked
Delivered
- Strontium regular sales → Commenced Q1FY27 (= BEAT)
- Domestic:Export mix 50:50 → Maintained 49:51 (= BEAT)
- Strontium gross margins 50-52% → Delivered ~50% (= BEAT)
Partly delivered
- EBITDA margin target 15% → Delivered 15.1% but logistics costs rising (= PARTIAL)
- Capex FY27 ₹300 Cr → Tracking at ₹200-250 Cr range (= PARTIAL)
Missed
- Barium volume growth 15-20% → Not explicitly confirmed in Q1 results (= MISS)
Earnings Call Transcript filed with BSE, NSE: VISHNU. Summary written with AI assistance from the document.
Vishnu Chemicals Ltd: key numbers
- Share price
- ₹561.80
- Market cap
- ₹3,782 Cr
- Revenue (annual)
- ₹1,610 Cr
- Net profit (annual)
- ₹142.3 Cr
- P/E (TTM)
- 24.8×Sector 35.5×
- Promoter holding
- 69.21%+0.00% QoQ
- FII holding
- 2.54%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Vishnu Chemicals Ltd
All →Vishnu Chemicals Results Update
Vishnu Chemicals reported Q2FY27 revenue of ₹429.5 Cr and PAT of ₹35.5 Cr. It also announced a 50:50 chrome metal JV with DCX Chrome SAS.
Vishnu Chemicals Earnings Call Transcript: Key Takeaways
Q2 revenue rose 7.1% to ₹429.5 Cr, EBITDA rose 10% and PAT rose 8.2%. Freight costs hit volumes, and margin recovery is deferred to FY28.
Vishnu Chemicals Credit Rating
ICRA assigned Vishnu Chemicals an A (Stable) long-term credit rating on banking facilities. The rating covers total limits of ₹630 Crore, up from the prior CARE A- rating.
Vishnu Chemicals Q2 FY27 Results: Net Profit ₹35.6 Cr, Up 8.2% YoY
Vishnu Chemicals Ltd reported revenue from operations of ₹429.5 Cr (+7.1% YoY) and net profit of ₹35.6 Cr (+8.2% YoY) for Q2 FY27.
- Key figure
- Net profit ₹35.6 Cr · +8.2% YoY
Vishnu Chemicals Business Update
Vishnu Chemicals halted its Visakhapatnam Parwada Plant from October 28, 2026. The temporary stoppage facilitates forward integration and new capital projects.
Vishnu Chemicals Board Meeting Date
Vishnu Chemicals intimated that its Board will meet on 31 Oct 2026 to approve Q2 FY27 unaudited results. No financial figures are disclosed in this advance notice.