Chemplast Sanmar Limited — Investor Meet, 05-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Chemplast Sanmar reported Q1 FY26 revenue of INR 1,100 Cr, EBITDA of INR 17 Cr, and a net loss of INR 64 Cr, impacted by severe dumping in PVC markets.

Management is optimistic about upcoming anti-dumping duties (ADD) on PVC, expecting performance to improve. Their new Paste PVC plant is at full capacity. The Custom Manufactured Chemicals (CMCD) expansion for MPB 3 Phase 3 & MPB 4 is on track for Q3 FY26 completion, broadening customer base.

Suspension PVC volumes rose 17% QoQ. The company sees potential market improvement from China's anti-overcapacity drive and believes the "long winter in PVC" is ending, focusing on Specialty Chemical growth.