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Monolithisch India kicked off FY27 with a bang, hitting record Q1 performance. Revenue surged to ₹47.19 Cr (up 64% YoY), EBITDA nearly doubled to ₹13.11 Cr (up 99% YoY), and Profit After Tax soared to ₹10.07 Cr (up 135% YoY). This strong showing reflects higher customer acceptance and operational strength, with Q1 volume handled at 52,000 MTPA.
A key growth driver is their premium SGB Limited series, which contributed ~50% to Q1 revenue and is expected to reach 65% in Q2. The company is strategically located in India's steel heartland, benefiting from the nation's ambitious steel capacity target of 300 MT by FY30.
Monolithisch is aggressively expanding capacity, with a greenfield project underway to reach 5.74 Lakh MTPA, aiming for 5.76 Lakh MTPA to optimize costs and ensure supply. Management is charting a multi-decadal growth path, planning to diversify into high-value silica-based specialty products to boost margins and solidify its position as a high-margin value compounder, leveraging India's infrastructure-driven steel demand.