Sigachi Industries Limited — Investor Meet, 20-02-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Sigachi Industries reported Q3 FY26 operating income of INR 117.2 Cr, EBITDA of INR 5.7 Cr (4.6% margin), and a net loss of INR 0.02 Cr. Margins were significantly impacted by the Hyderabad fire incident due to overhead distribution, increased transportation costs, and customs duties, which are considered transient.

Management anticipates a gradual return to normalcy and double-digit EBITDA margins by FY28. Key capacity expansions, including 12,000 MTPA MCC and 1,800 tons CCS at Dahej, are on track for Q3 FY27. Despite strong MCC demand, current production faces constraints. The Hyderabad plant remains closed, with focus shifted to the larger Dahej facility. Insurance claims related to the incident are progressing, with an ad-hoc amount expected soon. The company remains confident in its long-term growth strategy and API pipeline, including a promising Cystic Fibrosis API.