Vishnu Chemicals announced Q1FY23 Result : Vishnu Chemicals has reported yet another quarter of strong growth and performance. The company delivered its best performance in all key areas: Record operating levels. Highest quarterly Sales, EBITDA, EBITDA margin, PAT and PAT margin. Healthy balance sheet with holistic improvement in return and leverage metrics. Expansion of +273 bps in EBITDA margin YoY and +92 bps QoQ, despite power cut measures taken by the states in Q1. Consolidated domestic and exports sales continue its growth trend, growing by 102% and 65% YoY. “The Company is delighted to report its latest quarterly performance. Our focus to maximize the benefits of our scale and experience in chemistry is reaping benefits. We are continuously improving our manufacturing processes that combine environmental and economic benefits by comprehensive use of resources and ability to handle complex reaction media. Over the years, Vishnu has built a fundamentally strong balance sheet, as well as a good liquidity position.,” said Mr. Ch. Krishna Murthy, CMD, Vishnu Chemicals Limited. “Vishnu Chemicals is consistently focused on manufacturing high quality speciality chemicals, combined with value-added sales and service, enhancing customer satisfaction which enables us to be the supplier of choice in the sector we operate. Our performance enhancing chemicals portfolio and strong emphasis on manufacturing is a clear differentiator that has been made possible due to years of R&D; and hard work of our skilled work force. We are optimistic about our chemistry and positive about delivering value accretive returns from our operational canvas,” said Mr. Ch. Siddartha, JMD, Vishnu Chemicals Limited. Result PDF
Vishnu Chemicals declares Q4FY22 result: Crosses Rs 1000 Cr Sales Milestone FY22 PAT more than doubled to Rs 81 Cr The year gone by has given us a sense of accomplishment in terms of output, sound financial health and national & global recognition to our chemistry. The company delivered its best performance in all key areas: Record operating levels. Highest ever Sales, EBITDA and PAT. Growth with strong balance sheet as focus. ROCE of 25% and ROE of 29%. Domestic and exports sales grew by 56% and 58% respectively in the last 12 months, despite pandemic induced disruptions globally. Expansion of +317 bps in EBITDA margin YoY was aided by scale, paramount quality, operational flexibility, emphasis on supply chain and strengthened procurement planning. Result PDF
Vishnu Chemicals declares Q3FY22 result: Consolidated Revenues growth of 123% YoY Consolidated EBITDA growth of 198% YoY Consolidated PAT growth of 568% YoY The company is thankful to its stakeholders whose contributions have led to record the highest ever consolidated quarterly performance across all key indicators such as Revenues, EBITDA and PAT. Consolidated EBITDA margin expanded by 386 basis points YoY due to improvement in operating environment, better pricing power and therefore, operating leverage. Consolidated EPS has grown at CAGR of 55% per year, compound, in the last four years. “The results are an outcome of the organisation built brick by brick over the years. We continue to build upon the momentum in our growth trajectory as the demand looks robust. Our key tenet has been to manufacture high performance specialty chemicals that stand the test of time and quality, which instils huge confidence in our global customer base,” said Mr. Ch. Krishna Murthy, CMD, Vishnu Chemicals Limited. “It is really satisfying to share the Q3FY22 quarterly results. The first nine months of this financial year have been rewarding in more than one ways. Our focus on manufacturing gives us the clarity of purpose. Stable, consistent supply and quality has helped the company create a long sustainable relationship with our clients, which is not easy to establish. The backward integration plant is a milestone for the company, a very strong asset and it implies that we will be healthy and profitable even in a buyer’s market. We continue to learn, hustle and respond with discipline & integrity to build resilient processes.” said Mr. Ch. Siddartha, JMD, Vishnu Chemicals Limited. Result PDF
Conference Call with Vishnu Chemicals Management and Analysts on Q2FY22 Performance and Outlook. Listen to the full earnings transcript.