Conference Call with Galaxy Surfactants Management and Analysts on Q2FY26 Performance and Outlook. Listen to the full earnings transcript.
Specialty Chemicals company Galaxy Surfactants announced Q2FY26 results Total Revenue: Rs 1,332.0 crore against Rs 1,071.7 crore during Q2FY25, change 24.3%. EBITDA: Rs 116.3 crore against Rs 136.3 crore during Q2FY25, change -14.7%. EBITDA Margin: 8.7% for Q2FY26. PAT: Rs 66.5 crore against Rs 84.7 crore during Q2FY25, change -21.5%. PAT Margin: 5.0% for Q2FY26. EPS: Rs 18.75 for Q2FY26. K. Natarajan, Managing Director, Galaxy Surfactants, said: “Q2FY26 volumes remained broadly flat on both YoY and QoQ basis, reflecting short-term turbulence across markets. Specialty segment delivered strong double-digit growth, offsetting a higher single-digit decline in the Performance segment. India’s domestic performance faced temporary headwinds, with volumes flat YoY and QoQ. The GST rate reduction on FMCG products triggered inventory recalibration by large players while elevated feedstock prices led reformulation by some customers, also contributing to a volume drop in the Performance segment. Despite this, Non-Tier 1 customers posted robust growth YoY and QoQ, cushioning the softness among Tier-1 customers. We remain confident that GST reforms will unlock medium-term consumption upside. In AMET, volumes declined modestly—single digit QoQ and higher single digit YoY—driven by Tier-1 share erosion in Egypt amid intensified local competition. The Rest-of-World segment sustained its growth trajectory, led by LATAM and APAC with double-digit YoY gains across both Performance and Specialty segments. North America faced pressure from reciprocal tariffs impacting specialty care margins, particularly in the masstige segment, though prestige products from Tri-K continued to perform well. Supply-side conditions showed mixed trends. Freight costs eased, but shipment delays persisted due to port congestion and blank sailings. Raw material availability improved slightly, yet feedstock prices remained elevated, driven by lower-than-expected Palm Kernel Oil output. As we navigate through a challenging environment and work to strengthen our market position, sharpening our strategic focus will be critical. This includes implementing tactical adjustments, enhancing operational agility, and fortifying our portfolio to ensure resilience and sustained relevance in an evolving market landscape.” Result PDF
Specialty Chemicals company Galaxy Surfactants announced Q1FY26 results Total Revenue: Rs 1,289.2 crore compared to Rs 979.5 crore during Q1FY25, change 31.6%. EBITDA: Rs 135.1 crore compared to Rs 129.5 crore during Q1FY25, change 4.3% EBITDA Margin: 10.5% for Q1FY26. PAT: Rs 79.5 crore compared to Rs 79.7 crore during Q1FY25, change -0.3%. PAT Margin: 6.2% for Q1FY26. K. Natarajan, Managing Director, Galaxy Surfactants, said: “Q1FY26 Volume grew at 5% YoY and nearly double-digit sequential growth across both performance and speciality care segments, reflecting a sign of improvement across all regions. India’s domestic performance reflects a market in transition and evolution, with flat YoY and double-digit QoQ volume growth. Strategic product adjustments in response to multinational shifts, coupled with favourable macro factors such as a good monsoon, rate cuts, and rural stimulus, support a cautiously optimistic outlook. In AMET, while Egypt and Turkey faced headwinds, resilience in the Gulf and Sub-Saharan markets helped maintain momentum. Our supply chains adapted swiftly despite geopolitical tensions, ensuring continuity and responsiveness. ROW region led growth with a strong 16% YoY increase, driven by LATAM and APAC, while Europe delivered a richer product mix aligned with our Vision 2030. Supply-side challenges persisted with tight raw material availability and regional congestion, but price pass-through mechanisms and inventory vigilance helped mitigate the impact. As we reaffirm our long-term strategy, we remain focused on innovation, agility, and sustainability, confident in our ability to navigate current complexities and deliver enduring value to all stakeholders.” Result PDF
Conference Call with Galaxy Surfactants Ltd. Management and Analysts on Q4FY25 & Full Year Performance and Outlook. Listen to the full earnings transcript.