Chemplast Sanmar Limited — Investor Meet, 21-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Chemplast Sanmar reported Q2 FY26 revenue of INR 1,033 Cr (up marginally YoY) with EBITDA of INR 43 Cr (up significantly YoY), but a net loss of INR 51 Cr. Better Suspension PVC margins drove sequential improvement. Specialty Chemicals revenue rose 22% from new Paste PVC plant volumes, though Paste PVC margins faced pressure from low-priced European imports. Custom Manufactured Chemicals (CMCD) saw progress with 17 products, and new MPB plants nearing completion. The company plans new R32 refrigerant gas capacities. Management anticipates improved performance from new plants and green power initiatives despite ongoing market challenges like PVC dumping, affirming debt levels have peaked.