Chemplast Sanmar543336Quarterly results

Board approves quarter and half year ended 30th September 2026 results; unmodified limited review

Board met on 4th November 2026 and approved the unaudited standalone and consolidated results for the quarter and half year ended 30th September 2026.

By ScoutQuest · Wed 4 Nov 2026, 4:01 PM IST · 2 min read

Consolidated · ₹ crore · EPS in ₹
Line item	Latest	Year ago	YoY	Prev qtr	QoQ
Revenue from operations	1,323.21	1,033.20	+28.1%	1,124.66	+17.7%
Total income	1,326.85	1,040.19	+27.6%	1,127.19	+17.7%
Profit before tax	(8.51)	(62.19)	+86.3%	(232.26)	+96.3%
Profit after tax	(5.45)	(51.04)	+89.3%	(175.58)	+96.9%
Total comprehensive income	(5.39)	(51.22)	+89.5%	(175.54)	+96.9%
Basic EPS	(0.34)	(3.21)	+89.4%	(11.10)	+96.9%

Total income YoY change: +27.6%
Period: Quarter Ended 30-09-2026 (Unaudited)

Auditor's review

Conclusion: Unmodified

Notes to the results

A minor fire at the EDC plant at Karaikal disrupted operations; plant re-commenced 25th September 2026; damaged assets adjusted, insurance claim recovery not yet recognised.
Impairment provision of ₹ 898 Crores on investment in subsidiary CCVL recorded as exceptional item for year ended 31st March 2026 (standalone).

What the board approved

The board met on 4th November 2026 from 2.00 P.M. to 3.45 P.M. and approved the unaudited standalone and consolidated financial results for the quarter and half year ended 30th September 2026, along with the statutory auditors' limited review reports. The statement was also reviewed by the Audit Committee.

Auditor's conclusion

BSR & Co. LLP issued an unmodified limited review report on both the standalone and the consolidated statements: nothing came to their attention that causes them to believe the statements are not prepared in accordance with the applicable accounting standards or contain a material misstatement. A limited review is narrower in scope than a full audit and is not an audit opinion.

Consolidated results (Rs. in Crores)

Revenue from operations: 1,323.21 in the quarter ended 30-09-2026, against 1,033.20 in the quarter ended 30-09-2025.
Total income: 1,326.85 for the quarter.
Profit/(Loss) after tax: (5.45) for the quarter and (181.03) for the half year, against (51.04) and (115.29) respectively a year earlier.
Half-year revenue from operations: 2,447.87, against 2,133.10.
Basic earnings per share, not annualised: (0.34) for the quarter.

Standalone results (Rs. in Crores)

Revenue from operations: 622.14 for the quarter, against 558.12 a year earlier; 1,214.46 for the half year, against 1,053.40.
Profit/(Loss) after tax: (11.48) for the quarter and (60.77) for the half year, against (35.53) and (63.95).
Finance costs: 31.09 for the quarter and 59.78 for the half year.
Basic earnings per share: (0.73) for the quarter.

Karaikal EDC plant fire

A minor fire occurred during the quarter at the Ethylene Di-Chloride (EDC) manufacturing plant at the Karaikal facility, Puducherry, causing temporary disruption of operations at the affected plant. The plant re-commenced operations effective 25th September 2026 after all necessary corrective and restoration measures. Accounting adjustments for damaged assets were recorded in these results. The insurance survey and assessment of loss is in progress, and no insurance claim recovery has been recognised in the results for the quarter and six months ended 30th September 2026.

Subsidiary and the S-PVC market

The wholly owned subsidiary, Chemplast Cuddalore Vinyls Limited (CCVL), is engaged in the production and sale of Suspension PVC (S-PVC). The company cites non-notification and consequent dropping of the expected anti-dumping duty on S-PVC, removal of customs duty on imports of S-PVC, significant reduction in S-PVC prices on account of low priced imports, and raw material price volatility due to the West-Asia crisis. On that basis it revised its budgets and cash flow projections and, with the help of an independent valuer, evaluated the carrying value of its investment in CCVL as at 31st March 2026, recording an impairment provision of ₹ 898 Crores as an exceptional item for the year ended 31st March 2026.

Business structure

The company's operations relate predominantly to the manufacture and sale of specialty chemicals, treated as a single business segment, with sales substantially in the domestic market.

2,447.87 (Rs. in Crores)Consolidated Revenue from operations, half year ended 30-09

Consolidated Revenue from operations, quarter ended 30-091,323.21 (Rs. in Crores)

Revenue from operations, quarter1,124.66 (Rs. in Crores)

Consolidated Revenue from operations, half year ended 30-09 2,447.87 (Rs. in Crores): Consolidated Revenue from operations, quarter ended 30-09 1,323.21 (Rs. in Crores), Revenue from operations, quarter 1,124.66 (Rs. in Crores).

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