India · Delayed Price · Currency is INR Alkyl Amines Chemicals Earnings Call Transcripts
Fiscal Year 2026
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FY 2026 results were flat, with both revenue and profit nearly unchanged year-over-year. Margins saw a temporary boost from inventory effects, but competition and raw material volatility remain key risks. Management expects 5–10% volume growth and moderate margin improvement ahead.
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First half FY 2026 saw flat revenue and stable margins amid subdued demand and global pressures. New product launches and anti-dumping duties are expected to support growth from Q4 onwards, while ongoing CapEx and R&D investments position the company for future opportunities.
Fiscal Year 2025
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Volume grew 13% for the year, but top-line growth was limited to 9% due to pricing pressure and oversupply in base amines. EBITDA margin improved to 21%, with double-digit volume growth expected next year, though price pressure is likely to persist.
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Volume growth reached 17% year-over-year in Q2 FY25, with stable coal costs and a steady revenue mix. Margin pressure persists due to overcapacity in China and subdued agrochemical demand, but new CapEx projects and strong headroom in key plants support future growth.