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31-Jan-2026

Epigral

Q4FY26 will be better than Q3FY26


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Epigral hosted a conference call on Jan 30, 2025. In the conference call the company was represented by Maulik Patel, Chairman and Managing Director and Rakesh Agarwal.  

Key takeaways of the call

In Q3FY26 about 52% of revenue came from Derivatives and Specialty business  compared to 50% in Q3FY25 and 50% in Q2FY26.  Revenue from Chloralkali was 48% in Q3FY26.

Sales volume dropped in 9MFY26 majorly on account of subdued demand because of extended monsoon and lower volume because of maintenance work at plant.

EBITDA margin stood at 17% in Q3FY26 down compared to 23% in Q2FY26 on account of drop in realizations and increase in cost of raw materials. Margins in Q3FY26 reflected temporary pressures from softer realizations on select products, elevated raw material costs, and inventory dynamics (higher cost inventory).

Plant utilization in Q3FY26 stood at 78% similar to previous quarter...



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