Prasol Chemicals Limited has announced robust financial results for the second quarter and first half of FY27. The company reported a significant year-on-year growth of 39% for the quarter and 37% for the first half, driven by better realisations and an improving product mix. Revenue for Q2 FY27 reached Rs. 413 crores, and H1 FY27 revenue stood at Rs. 846 crores. The company reaffirmed its FY27 guidance for revenue between Rs. 1,550-1,650 crores and EBITDA of Rs. 240-250 crores.
Strong Q2 and H1 FY27 Performance
Prasol Chemicals Limited has delivered a strong performance for the second consecutive quarter, reporting its highest ever Q2 revenue of Rs. 413 crores. This brings the total revenue for the first half of FY27 (H1 FY27) to Rs. 846 crores, marking a significant year-on-year (YoY) growth of 39% for the quarter and 37% for the first half. The company attributed this growth to better realisations and a favourable product mix.
Financial Highlights
In Q2 FY27, total revenue stood at Rs. 412.6 crores, a 38.6% YoY increase. EBITDA for the quarter rose by 86.1% YoY to Rs. 57.7 crores, with an EBITDA margin of 14.0%. Profit After Tax (PAT) surged by 122.2% YoY to Rs. 37.9 crores.
For H1 FY27, total revenue reached Rs. 846.2 crores, a 37.1% YoY growth. EBITDA saw a substantial increase of 106.6% YoY to Rs. 148.0 crore, with a margin of 17.5%. PAT for the first half grew by an impressive 138.9% YoY to Rs. 99.0 crores.
Operational Insights
Despite external challenges such as higher freight costs and limited vessel availability, demand across Acetone-based and Phosphorus-based products remained healthy. The company also diversified its raw material sourcing to enhance supply chain resilience. Prasol Chemicals is focused on innovation, R&D, and its capex program is progressing as planned. The company is on track to deliver its FY27 guidance, with revenue projected between Rs. 1,550-1,650 crores and EBITDA between Rs. 240-250 crores, excluding the impact of price fluctuations and foreign exchange.
Capacity Expansion
The company is proceeding with its capacity expansion plans, with the capex program progressing as scheduled. This includes efforts to debottleneck and expand production capacities at both the Khopoli and Mahad manufacturing units, along with investments in land and infrastructure development.
Source: BSE
