Sudarshan Chemical Industries Limited — PPTs, 17-02-2025: Investor Presentation

**Financial Highlights:** Consolidated revenues for Q3 FY25 reached ₹666 Cr, showing a significant 18% growth from the previous quarter and a 15% year-on-year increase. EBITDA improved to ₹79 Cr, reflecting a 27% quarter-over-quarter increase with a margin of 11.9%. Profit After Tax (PAT) also rose impressively to ₹31 Cr, up by 107% sequentially.

**Strategic Initiatives and Growth Drivers:** Sudarshan Chemical continues to build its portfolio with a strong focus on specialty pigments, especially in coatings, plastics, and cosmetics. The company has consolidated its market position by enhancing its research capabilities and expanding into new geographies, targeting growth in the US, EU, and China.

**Business Developments:** The pigment business saw robust YoY growth, particularly in specialty and export revenues, which constituted 52% of total sales. The operational revenue and EBITDA for FY24 are expected to be record highs, indicating a solid trajectory for the company.

**Market Position and Competitive Advantage:** Sudarshan is a leading player in the global pigment market, enjoying a strong domestic market share of around 33%. Its diversification into high-performance and specialty pigments supports its competitive positioning.

**Investor Implications:** The positive financial performance alongside a strategic focus on expanding its product offerings positions Sudarshan for potential growth. Investors should watch closely as the company capitalizes on market opportunities and continues to enhance its operational capabilities.