VCL kicked off FY27 with robust Q1 performance. Operating revenues climbed 24.9% year-over-year to ₹433.4 Cr, while profit (PAT) increased 23.0% to ₹39.6 Cr. EBITDA also saw a healthy 17.5% rise to ₹65.5 Cr, demonstrating strong execution despite a planned maintenance shutdown. The company maintains a balanced sales mix, with 45% domestic and 55% export revenue across over 50 countries.
Strategically, VCL is focusing on improving its value mix by shifting towards higher value-added derivatives and deepening backward integration through ongoing expansion. Key growth drivers include new speciality chemical capacities and the planned ramp-up of South Africa operations. Recent developments include adding ~20 MW to its existing solar capacity, which will drive significant power cost savings.
Management is confident in continued growth, underpinned by these strategic expansions in existing and new chemistries. They expect these initiatives to strengthen VCL's competitive position and support sustainable medium-term growth, even as they navigate geopolitical challenges leading to increased ocean freight costs.