GHCL Limited — Investor Meet, 06-08-2026: Analysts/Institutional Investor Meet/Con. Call Updates

GHCL Q1 FY27 Earnings Call highlights: Revenue at INR798 Cr, EBITDA INR233 Cr (29.1% margin), PAT INR191 Cr (including exceptional item). Management noted elevated margins were transient due to inventory gains and realization, expecting normalization. Global soda ash faces oversupply, but India sees structural demand from solar glass. Vacuum Salt and Bromine projects are commissioned, expecting commercial production in Q2 FY27 with FY28 full utilization (INR150-170 Cr revenue, 40-45% EBITDA margin). Greenfield project faces land acquisition delays. The company maintains a net cash surplus of over INR1,000 Cr, and management remains confident in operational efficiency and Indian demand tailwinds.