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In Dec quarter (Q3 FY26), Manali Petrochemicals Ltd reported consolidated ops revenue of ₹2.47 billion, up 25.9% YoY. Net profit exploded to ₹684.3 million (+1,197% YoY), thanks to ₹522M gain from UK subsidiary sale, countering standalone challenges from costs and imports.
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Key Highlights
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Topline Growth: Consolidated revenue ₹24,702 lakhs (+25.9% YoY); standalone ₹19,514 lakhs (+8.3%).
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Exceptional Profitability: Consolidated PAT ₹6,843 lakhs (EPS ₹3.98), fueled by Notedome divestment gain of ₹5,216 lakhs.
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Standalone Dip: PAT down 41.1% to ₹455 lakhs amid raw material hikes, cyclone disruptions, forex losses.
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9M Snapshot: Consolidated revenue +9.7% YoY to ₹72,973 lakhs; PAT +334% to ₹11,337 lakhs.
Strategic Insights
The results spotlight Manali's savvy portfolio optimization via divestment, unlocking value for core polyurethane focus. Despite headwinds like import competition and ops hiccups, robust demand and subsidiary synergies shine. Investors optimistic on capex, expansions amid India's chemical boom.
Sources: Whalesbook.com, Marketscreener.com, Indian Chemical News
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