Dyes & Pigments company Shree Pushkar Chemicals & Fertilisers announced Q1FY26 results Revenue from Operations: Rs 254.5 crore compared to Rs 194.2 crore during Q1FY25, change 31.10%. EBITDA: Rs 29.1 crore compared to Rs 17.7 crore during Q1FY25, change 64.80%. EBITDA Margin: 11.40% for Q1FY26. PBT: Rs 25.8 crore compared to Rs 15.1 crore during Q1FY25, change 71.1%. PAT: Rs 21.0 crore compared to Rs 12.8 crore during Q1FY25, change 63.20%. PAT Margin: 8.20% for Q1FY26. Punit Gopikishan Makharia, Chairman & Managing Director, said: “Reflecting on our Q1FY26 performance, I am pleased to share that the company has delivered solid growth across both revenue and profitability, supported by strong demand in the Fertilisers segment and improved realisations in both product categories. Revenue from operations increased 31.1% YoY and 16.0% sequentially to Rs 254.5 crore. Fertilisers recorded a 9.4% YoY and 27.1% sequential rise in volumes to 76,288 MT, with revenue growing 33.4% and 46.8% respectively, driven by favourable seasonal demand, higher realisations, and a better product mix. The Chemicals segment saw volumes decline 6.9% YoY to 14,837 MT on softer demand in select markets, but improved 48.0% sequentially on seasonal factors, with revenue rising 28.4% YoY despite a 6.8% sequential moderation. Overall volumes stood at 91,125 MT, higher by 6.4% YoY and 30.1% sequentially, with Fertilisers contributing the majority of the growth. EBITDA rose 64.8% YoY and 17.9% sequentially to Rs 29.1 crore, with margins expanding to 11.4% from 9.1% last year, supported by better operating leverage and cost efficiencies. PAT grew 63.2% YoY and 26.7% sequentially to Rs 21.0 crore, with margins improving to 8.2% from 6.6% in Q1FY25. During the quarter, the Board approved the incorporation of a wholly owned subsidiary, Dyecol Color Technologies Private Limited, as the dedicated marketing arm for our Dyes and Dyes Intermediates business. This entity will strengthen brand positioning, expand market reach, and enhance customer engagement across domestic and international markets. By separating marketing from manufacturing, we aim to improve efficiency, penetrate new geographies, and capture growth opportunities in our core dyes segment. Capital expenditures of Rs 202 crores were completed over the years, funded through internal accruals. Future investments will focus on capacity expansion and integration across the Chemicals and Fertilisers divisions, supported by internal funds and promoter equity infusion. The company remains focused on maintaining a net cash positive position throughout these initiatives. In Q1FY26, we initiated setting up the KPPL solar power plant of 1.1 MW DC at our Hisar Plant. These strategic initiatives reinforce our ability to sustain growth momentum, enhance profitability, and maintain disciplined cost control, while unlocking higher operational leverage and driving long-term value creation.” Result PDF
Conference Call with Shree Pushkar Chemicals & Fertilisers Management and Analysts on Q3FY22 Performance and Outlook. Listen to the full earnings transcript.