Specialty Chemicals company Bhansali Engineering Polymers announced Q1FY27 results Consolidated Financial Highlights: Revenue from Operations: Consolidated revenue for Q1FY27 reached Rs 472.15 crore, up 53.34% YoY from Rs 307.91 crore in Q1FY26 and up 38.21% QoQ from Rs 341.61 crore in Q4FY26. Total Income: Total consolidated income for the quarter stood at Rs 481.91 crore, reflecting a growth of 50.94% YoY compared to Rs 319.27 crore in Q1FY26 and an increase of 36.97% QoQ from Rs 351.84 crore in Q4FY26. Profit Before Tax (PBT): Consolidated PBT was Rs 90.67 crore in Q1FY27, representing a 46.34% YoY increase from Rs 61.96 crore in Q1FY26 and a 25.58% rise QoQ from Rs 72.20 crore in Q4FY26. Profit After Tax (PAT): Net profit for the period was Rs 65.60 crore in Q1FY27, up 42.95% YoY from Rs 45.89 crore in Q1FY26 and up 27.13% QoQ from Rs 51.60 crore in Q4FY26. Standalone Financial Highlights: Revenue from Operations: The company reported revenue of Rs 472.15 crore in Q1FY27, registering a strong YoY growth of 53.34% compared to Rs 307.91 crore in Q1FY26. On a QoQ basis, revenue increased by 38.21% from Rs 341.61 crore in Q4FY26. Total Income: Total income for Q1FY27 stood at Rs 481.91 crore, an increase of 50.41% YoY from Rs 320.40 crore in Q1FY26 and a 36.97% rise QoQ from Rs 351.84 crore in Q4FY26. Profit Before Tax (PBT): PBT for the quarter was Rs 90.22 crore, up 43.66% YoY from Rs 62.80 crore in Q1FY26 and up 24.83% QoQ from Rs 72.27 crore in Q4FY26. Profit After Tax (PAT): The company achieved a PAT of Rs 65.14 crore in Q1FY27, marking a growth of 39.40% YoY compared to Rs 46.73 crore in Q1FY26. Sequentially, PAT increased by 26.07% from Rs 51.67 crore in Q4FY26. Earnings Per Share (EPS): Basic and diluted EPS for Q1FY27 was Rs 2.62, compared to Rs 1.88 in Q1FY26 and Rs 2.08 in Q4FY26. Business Highlights: Segment Performance: The company operates in a single primary segment, namely "Highly Specialized Engineering Thermoplastics". Capacity Expansion: The debottlenecking project at the Abu Road plant is on track to increase capacity from 75,000 MTPA to 1,00,000 MTPA. Targeted commissioning is set for September 2026, with optimal utilization expected by FY28. Capital Expenditure: The total capex outlay for the expansion project is Rs 200 crore, which is being funded entirely through internal accruals. Operational Status: The company continues to maintain its debt-free status. Dividends: The Board of Directors declared a first interim dividend of Re 1/- (100%) per equity share of face value Re 1/- each for the financial year 2026-27. Operational Performance: Revenue growth for the quarter was driven by higher realizations, while operating leverage and improved cost efficiencies contributed to an expansion in profitability. Market Position: The ongoing expansion positions the company to capture a larger share of India's ABS demand, approximately 30-40% of which is currently met through imports. Jayesh B. Bhansali, Joint Managing Director & Chief Financial Officer, BEPL, said: "Our Q1FY27 performance underscores the resilience of our business model and the strength of our cost leadership amidst a dynamic global geopolitical environment. Despite external uncertainties, disciplined execution and sustained operating efficiencies enabled us to deliver healthy growth in profitability. Our ongoing capacity expansion to 100,000 MTPA, being funded entirely through internal accruals, reflects the robust cash-generating ability of the business while preserving our debt-free balance sheet. Even after the dividend payout, the company continues to maintain a strong cash position, providing adequate financial flexibility to fund the planned Rs 200 crore capital expenditure, support the incremental working capital requirements arising from the expanded capacity, and maintain a prudent liquidity buffer to navigate potential macroeconomic and geopolitical uncertainties. The Company remains committed to delivering consistent value to its shareholders through a disciplined capital allocation approach. In line with this commitment, the Board has declared a first interim dividend of Rs 24.9 crore for Q1FY27, reflecting the Company's strong financial position while continuing to retain sufficient liquidity to fund future growth initiatives. This balanced approach to capital allocation positions the Company to capitalize on the growing domestic demand for ABS and specialty polymers while creating sustainable long-term shareholder value." Result PDF