Q1 FY27 earnings call transcript: management indicates FY27 turnover of INR1,550 to INR1,600 crores

Prasol Chemicals shared the transcript of its first earnings call, held on September 29, 2026, to discuss Q1 FY27 results, days after its listing on September 16, 2026.

Mon 5 Oct 2026

FY27 turnover outlook

INR1,550 to INR1,600 crores this year

Last year turnover

INR1,200 crores-plus

IPO debt repayment

paid off the debt for which INR60 crores had been earmarked in the IPO

Product portfolio

150-plus specialty chemical products

Customer base

1,600-plus customers

Q1 FY27 earnings call transcript shared

• The company shared the transcript of its first earnings call, held on September 29, 2026, with analysts and investors, to discuss the Q1 FY27 results.
• The call took place days after the company's listing on the stock exchange on September 16, 2026.

What management described about the business

• 150-plus specialty chemical products and 1,600-plus customers; the top 10% of customers make up about 24-25% of turnover.
• Exports to 60-plus, 69-plus countries, with two manufacturing units, at Khopoli and Mahad, and a small distribution set-up being built in Gujarat.
• Domestic sales are 70-75% of the mix and exports 25-30%.
• The five end-use areas are performance chemicals, paint, coating, inks, construction and adhesives, pharmaceuticals and agrochemicals, and home and personal care; agrochemicals are around 15% and home and personal care around 10% to 15%.
• Two main chemistries: around 40% acetone and around 38%, 40% phosphorus.

Turnover and outlook

• Turnover last year was INR1,200 crores-plus with ROCE of 21-plus.
• Management said it is looking at INR1,550 to INR1,600 crores this year, against a turnover of hardly INR1.9 to INR2 crores in 2000.
• Basic acetone and phosphorus-based first-level derivatives are about 50% of total revenue; primary, secondary and tertiary derivatives are 30%, 35% of revenue and growing, and the stated intent is to grow these derivatives.
• About 85% to 90% of what the company has earned over 25-30 years has been ploughed back into growth, and management said that approach will continue.

Debt and IPO proceeds

• Post-IPO, management said the debt for which INR60 crores had been earmarked in the IPO has been paid off.

Land and expansion

• Khopoli has grown from 4 acres to 32 acres; about 10, 12 acres there is available for the expansion programme lined up.
• At Mahad, the company started with 10 acres, bought another 10 acres and, less than a month back, bought another 10 acres in a single row, leaving 20 acres surplus for future expansion.

Caution

• The call carried forward-looking statements, which management said are based on current beliefs, opinions and expectations and are not a guarantee of future performance.

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