Clean Science and Technology Limited (CSTL) announced its Q3 FY26 results, showcasing resilient EBITDA margins amid challenging market conditions. Q3 FY26 revenue stood at ₹185 Crore. The company also successfully commercialized Hydroquinone and Catéchol in Q3 FY26, with construction for Performance Chemical 2 progressing as planned. The board approved an interim dividend of ₹2 per share.
Financial Performance Highlights
Clean Science and Technology Limited reported its financial performance for Q3 FY26. Key highlights include:
- Revenue: ₹185 Crore in Q3 FY26 compared to ₹212 Crore in Q2 FY26 and ₹232 Crore in Q3 FY25.
- EBITDA Margin: Remained resilient despite challenging market conditions.
- 9M FY26 Revenue: ₹618 crore compared to ₹677 crore in 9M FY25.
Business Updates
Significant business updates from Clean Science and Technology:
- Hydroquinone and Catéchol: Commercialized in Q3 FY26.
- Capital Expenditure: Approximately ₹165 crores incurred during 9M FY2026, primarily invested in Clean Fino Chem Ltd. (CFCL), a wholly-owned subsidiary.
- Project Status: Construction of Performance Chemical 2 is on track.
- Dividend: The Board approved an interim dividend of ₹2 per share.
Revenue Breakdown
The revenue mix by segment for 9M FY’26 shows:
- Performance Chemicals: 76%
- Pharma & Agro Intermediates: 17%
- FMCG Chemicals: 7%
Geographically, the revenue mix for 9M FY’26 is distributed as follows:
- China: 14%
- India: 19%
- Europe: 38%
- Americas: 21%
- Row: 9%
Company Overview
Clean Science and Technology Limited is focused on developing sustainable and cost-effective catalytic manufacturing processes. They are among the largest manufacturers of certain specialty chemicals developed in-house.
Key Strengths
Key differentiators for Clean Science include:
- Strategic process innovation.
- Global leadership in critical specialty chemicals.
- Strong relationships with a diversified customer base.
- Multiple, automated manufacturing facilities with zero liquid discharge.
- Unique, innovative, and sustainable manufacturing processes.
- Strong and consistent financial performance.
Sustainability Focus
The company maintains a strong focus on sustainability. Key initiatives include:
- Efficient resource utilization.
- Reduction of waste and emissions.
- Targeting a 15% reduction in GHG emissions, water consumption, and energy consumption by 2028 (starting from 2023).
Source: BSE
