Jubilant Ingrevia announced its Q3 FY26 results, showcasing stable performance with ₹1,051 crore in revenue. Despite pricing challenges, strong volume growth and specialty chemicals drove an 8% EBITDA increase to ₹436 crore for the nine-month period. An interim dividend of 250% (₹2.5 per share) was declared, highlighting the company’s confidence. The Agro-Innovator project is on track for March 2026 completion.
Financial Performance Overview
Jubilant Ingrevia reported revenue of ₹1,051 crore for Q3 FY26. The company’s EBITDA stood at ₹136 crore, with a margin of 13%. Despite facing challenges with softer pricing across segments, strong volume growth helped maintain stable business performance.
For the nine-month period, the company achieved revenue growth of 3% and an 8% rise in EBITDA. Profit After Tax also registered an 8% growth, showcasing resilience amidst market headwinds.
Segment Highlights
Specialty Chemicals
The Specialty Chemicals segment continued to drive growth, with revenue reaching ₹458 crore. This segment maintained margins above 25%, driven by strong volume traction from Fine Chemicals and Pyridine. CDMO business showed increasing customer engagement.
Nutrition & Health Solutions
This segment saw revenue of ₹201 crore, achieving highest ever volumes in B3 over the last seven quarters. The company is also seeing increased interest in this segment in Europe.
Chemical Intermediates
The Chemical Intermediates segment recorded revenue of ₹393 crore. The company noted increased market volumes in India, with a modest uptick in agrochemicals and paracetamol end-use segments. Positive momentum is building in Acetic Acid prices, expected to continue upward.
Key Strategic Developments
The company announced the successful commissioning of a new boiler at its Bharuch site to enhance operational efficiency. Jubilant Ingrevia is also on track to commence delivery of a major CDMO order in Q4 FY26. Construction is underway for a new multipurpose plant in Gajraula.
Sustainability and Innovation
Jubilant Ingrevia’s sustainability initiatives are yielding tangible outcomes, with reduced power and fuel expenses. Green power now constitutes 34% of Ingrevia’s power share. The company also highlighted its progress in expanding its product pipeline, with approximately 55 products under development across business segments. There is also a sharp focus on cost-optimization and operational effeciency.
Dividend Announcement
The Board has recommended an interim dividend of 250%, which translates to ₹2.5 per equity share.
Source: BSE
