GHCL Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
GHCL reported Q1 FY27 revenue of INR798 crores, down from INR808 crores sequentially and INR823 crores a year earlier, while EBITDA margin improved to 29.1% aided by higher realization and lower-cost input inventories. Management said the Vacuum Salt and Bromine projects had completed commissioning and expect commercial production in Q2, with full utilization targeted in the next financial year. The company described global soda ash pricing as weak due to oversupply and said margins should be assessed on an annual rather than quarterly basis.
GHCL reported Q4 FY26 revenue of INR 808 crores, roughly flat year-on-year, with EBITDA of INR 194 crores and EBITDA margin of 23.9%. For the full year, revenue was INR 3,144 crores and PAT was INR 479 crores, representing a 15.2% net margin. Management said domestic pricing was stabilizing due to reduced imports amid global supply chain disruptions, while the bromine and vacuum salt projects are nearing full commissioning in Q1 FY27.