Chemplast Sanmar Limited — PPTs, 28-07-2025: Investor Presentation

**1. Financial Highlights:**

Chemplast Sanmar reported Q1 FY26 revenue of Rs. 1,100 Cr. The company posted an EBITDA of Rs. 17 Cr (2% margin) and a net loss of Rs. 64 Cr. These financial results for the quarter were impacted by continued pricing pressure from persistent PVC dumping.

**2. Strategic Initiatives & Growth Drivers:**

Expansion of the Custom Manufactured Chemicals Division (CMCD) with MPB 3 Phase 3 and MPB 4 works progressing for Q3 FY26 completion. A strategic foray into R-32, a next-gen refrigerant, is underway. Management indicates a robust medium-to-long term outlook for PVC products.

**3. Business Developments:**

Product dispatches in CMCD remained on track with a healthy pipeline. Ongoing anti-dumping investigations on PVC imports are anticipated to bring market stability.

**4. Market Position & Competitive Advantage:**

Chemplast Sanmar holds leadership in Specialty Paste PVC and is a key player in Suspension PVC and CMCD. Strengths include deep backward integration, proprietary Paste PVC technology, and a "China +1" advantage for CMCD.

**5. Investor Implications:**

Despite short-term PVC market challenges, management suggests the sector is "nearing the end of a long winter." Strategic capacity additions in high-margin specialty chemicals and a positive long-term PVC demand outlook indicate positive growth potential.