Vishnu Chemicals Limited — Investor Meet, 11-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Vishnu Chemicals' Q1 FY26 saw operating revenues of Rs. 346.9 Cr (+2.4% YoY) and PAT of Rs. 32.2 Cr (+5.8% YoY). Gross margins improved, though sequential performance moderated due to global tariff uncertainties affecting exports.

Management highlighted resilient operations and a domestic:export mix of 55:45. The Strontium chemistry project is nearing commercial launch (Q3), positioning Vishnu as India's sole producer and filling a global supply gap. While US exposure is low (~7%), the company is diversifying its Chromium business beyond leather and focusing on domestic growth. A dividend of 15% on Rs. 2 per share has been proposed. Management remains confident in future growth drivers and operational efficiency.