Chemplast Sanmar Ltd — earnings calls

Chemplast Sanmar reported consolidated revenue of INR1,125 crores for Q1 FY27, with an EBITDA loss of INR115 crores and a net loss of INR176 crores, driven by a sharp increase in input costs, particularly high-cost VCM inventory. Management said the Custom Manufactured Chemicals Division delivered improved performance with 21% year-on-year volume growth, while Suspension PVC and value-added chemicals segments faced pricing pressure from weak demand and import competition. Management also disclosed a fire incident at the Karaikal PVC plant on July 17 that led to a manual shutdown, and noted reinstatement of customs duty and a minimum import price on PVC imports.

Chemplast Sanmar reported consolidated FY26 revenue of INR4,224 crores and EBITDA of INR198 crores, while Q4 FY26 revenue was INR1,256 crores with EBITDA of INR194 crores. The company recorded a non-cash impairment of INR898 crores on its CCVL investment and an exceptional charge of INR150 crores at CCVL for onerous contracts and inventory write-down, driven by weak suspension PVC spreads amid Chinese import pressure and Middle East geopolitical disruption. Management also announced that the Board has constituted a committee of independent directors to examine strategic priorities, including possible reorganization and M&A opportunities.