GHCL Limited has announced the Q3 FY26 business update, highlighting its financial performance and strategic initiatives. Despite challenges in the soda ash market, the company has maintained industry-leading margins through cost discipline and operational efficiencies. GHCL successfully concluded a share buyback program and is progressing with its diversification projects, expecting long-term operational and financial gains. The investor presentation provides details on growth opportunities, key financials, and sustainability efforts.
Financial Performance Highlights
GHCL Limited reported a revenue of ₹773 crore for Q3 FY26. The EBITDA stood at ₹175 crore, while the Profit After Tax (PAT) was ₹107 crore. Despite a challenging market environment, GHCL sustained its performance through strong operational efficiencies and effective cost management.
Key Performance Trends
The company completed a planned maintenance shutdown during Q3 FY26, which temporarily reduced production. However, consistent demand across various end-use applications supported high utilization rates. GHCL continues to focus on cost discipline and tech-driven efficiencies to sustain industry-leading margins.
Strategic Share Buyback
GHCL successfully concluded a share buyback program of ₹300 crore, demonstrating its commitment to rewarding shareholders. This initiative underscores the company’s robust balance sheet and its philosophy of consistently returning value to stakeholders.
Diversification and Growth
GHCL’s diversification projects, including Bromine and Vacuum Salt projects, are nearing completion and are expected to be commissioned by the end of Q4 FY26. The company’s greenfield soda ash project is also progressing, promising significant long-term operational and financial benefits.
Soda Ash Industry Outlook
The soda ash industry in India is expected to grow, driven by demand from various sectors such as detergents, glass manufacturing, and pulp & paper. GHCL is well-positioned to capitalize on this growth, leveraging its integrated operations and efficient manufacturing processes. The domestic soda ash demand is expected to grow at a CAGR of 6% from FY25-30.
Sustainability Initiatives
GHCL is committed to sustainability and has implemented various initiatives to reduce its environmental impact. These include reducing emissions through fuel transition and renewable energy adoption, as well as promoting sustainable practices across its operations. The company aims for a 30% reduction in Scope 1 & 2 emissions by 2030.
Source: BSE
