Sahyadri Industries Limited — Investor Meet, 19-08-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Sahyadri Industries' Q1 FY'26 saw total income at Rs. 216.1 Cr, a slight YoY decline, but strong QoQ growth. EBITDA was Rs. 21.7 Cr (10.1% margin), and PAT Rs. 10.8 Cr (5% margin), both down YoY but up QoQ. Capacity utilization improved to 93%. Management noted challenges from high input costs and early monsoon but anticipates FY'26 recovery due to good monsoon and stabilizing supply chains. They expect 8-10% topline growth and improved margins. Capacity expansion at Palghar is delayed to Q4 FY'27 (Rs. 100 Cr investment, Rs. 125 Cr added topline). The non-asbestos business is expected to double in 3-4 years. Management seems optimistic about navigating headwinds.