Yasho Industries delivered a resilient Q2 FY26, with revenue at ₹183.6 Cr, marking a 9.6% year-on-year growth driven by strong 26.5% volume expansion. Profit After Tax (PAT) rose 11% YoY to ₹4.86 Cr. For H1 FY26, revenue increased 12% to ₹382.62 Cr, and PAT surged 348% to ₹8.50 Cr, highlighting improved profitability. EBITDA margin for the quarter stood at 18.20%. Specialty chemicals and exports (65% of revenue) remain key contributors.
The company is strategically diversifying into new markets to mitigate US tariff impacts, focusing on domestic high-potential segments and long-term supply agreements. Recent developments include signing a 15-year supply agreement with a global MNC for lubricant additives, expected to generate ~₹150 Cr in annual revenue from Q4 FY27. A new R&D laboratory, a ₹23 Cr investment, was inaugurated to accelerate innovation.
Management believes the demand slump is largely over, anticipating improved capacity utilization in upcoming quarters. The focus is on strengthening the balance sheet, optimizing inventory, and reducing debt, with confidence in achieving strong FY26 revenue growth through new orders and customer additions.