Chemplast Sanmar Limited — Updates, 07-02-2025: Press Release

Chemplast Sanmar Limited reported an improved business performance driven by better pricing and margins on Paste PVC, increased volumes from the new Cuddalore plant, and stable growth in their Custom Manufactured Chemicals Division (CMCD). Revenue from operations for Q3 FY '25 increased by 19% year-on-year to ₹1,058 Cr, with a consolidated total for the first nine months at ₹3,195 Cr, an 11% YoY rise.

Despite positive trends, the company faces pricing and margin pressures due to dumping practices affecting Suspension and Paste PVC products, with hopes for future trade measures. The Indian market for Suspension PVC observed an 11% growth in demand over the nine-month period and a 13% jump for Paste PVC since last year. CMCD showed stability, with the commissioning of Phase 2 of the multi-purpose production block. Overall, the outlook remains positive as the company aims to expand its capacities and leverage strong domestic demand, particularly from housing and infrastructure sectors.