GHCL Limited — Investor Meet, 11-05-2026: Analysts/Institutional Investor Meet/Con. Call Updates

GHCL posted Q4 FY26 revenue of INR 808 Cr and FY26 PAT of INR 479 Cr. Global soda ash faces headwinds, but domestic demand is strong, particularly from solar glass. Higher freight costs are making imports less competitive, aiding domestic prices. Management believes the worst of pricing pressure is easing, with cost increases being passed on.

Bromine and vacuum salt projects (~INR 120 Cr FY27 revenue, 40-45% EBITDA margin) will be fully commissioned in Q1 FY27, diversifying earnings. GHCL remains focused on cost efficiency and rewarded shareholders with INR 415 Cr in FY26. Management is confident in its strategic direction.