Prasol Chemicals Q2 results: Net profit more than doubles to ₹38 crore, revenue rises 39%

Prasol Chemicals reported a 122.2% year-on-year increase in standalone net profit to ₹37.98 crore for the second quarter of FY27, compared with ₹17.11 crore in the corresponding quarter last year.

Revenue from operations rose 38.6% to ₹412.57 crore in Q2 FY27 from ₹297.65 crore a year earlier, marking the company's highest-ever revenue for a second quarter.

EBITDA increased 86.1% year-on-year to ₹57.7 crore from ₹31 crore in Q2 FY26. The EBITDA margin expanded to 14% from 10.4%, an improvement of 360 basis points.

Prasol Chemicals Q2 FY27 results

The specialty chemicals manufacturer's profit before tax rose to ₹49.92 crore in the September quarter from ₹23.24 crore in the year-ago period.

Earnings per share increased to ₹6.52 from ₹2.95 in Q2 FY26.

For the first half of FY27, revenue from operations grew 37.1% year-on-year to ₹846.21 crore from ₹617.21 crore. Net profit surged 138.9% to ₹99 crore from ₹41.45 crore in the corresponding period last year.

Demand for acetone-based and phosphorus-based products remained healthy during the quarter. However, the company faced delays in some export shipments amid higher freight costs and limited vessel availability linked to geopolitical disruptions in the Middle East.

Prasol Chemicals diversified its raw material sourcing base during the quarter to mitigate supply chain risks. Capacity expansion projects at its Khopoli and Mahad facilities remain on schedule.

The company reaffirmed its FY27 guidance of revenue between ₹1,550 crore and ₹1,650 crore and EBITDA between ₹240 crore and ₹250 crore. The guidance excludes the impact of geopolitical-led supply chain disruptions and foreign exchange gains or losses.

Inventory nearly doubles, operating cash flow turns negative

Prasol Chemicals' inventory stood at ₹301.13 crore as of September 30, 2026, compared with ₹153.24 crore as of March 31, 2026.

The increase in inventory coincided with higher revenue during the first half of FY27. However, the build-up in working capital contributed to negative operating cash flow of ₹11.71 crore in H1 FY27, compared with positive operating cash flow of ₹7.21 crore in the corresponding period last year.

The company's cash and cash equivalents declined to ₹48.59 crore at the end of September 2026 from ₹240.70 crore at the end of March 2026.

Prasol Chemicals share price

Prasol Chemicals shares closed at ₹818.95 on the BSE, up ₹14.30, or 1.78%. The stock's 52-week high stands at ₹929.40, while its 52-week low is ₹600.50.

About Prasol Chemicals

Prasol Chemicals is an Indian specialty chemicals manufacturer with a portfolio that includes acetone-based and phosphorus-based products. The company serves industrial customers and is expanding its manufacturing capacity at its Khopoli and Mahad facilities.