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Acutaas Chemicals (ACUTAAS) investor relations material
Acutaas Chemicals Q2 25/26 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q2 FY26 revenue grew 24.1% year-on-year to INR 306.2 crore, driven by advanced pharmaceutical intermediates and stable specialty chemicals performance.
EBITDA for Q2 FY26 increased 94.8% year-on-year to INR 95.3 crore, with PAT up 91.3% to INR 71.9 crore.
Battery chemicals and semiconductor chemicals are positioned as future growth pillars, with production in battery chemicals expected to commence in Q4 FY26 and a new JV in Korea (IndiGem/Indichem) to contribute from H2 FY27.
CDMO business is seeing increased customer inquiries and new molecular additions, enhancing future revenue visibility.
Management maintains a disciplined, long-term approach, focusing on sustainable business and diversified verticals.
Financial highlights
Q2 FY26 revenue from operations: INR 306.2 crore, up 34.1% YOY; H1 FY26 revenue: INR 513.4 crore, up 21.3% YOY.
Gross profit: INR 170.7 crore, up 59.3% YOY; gross margin expanded by 1,232 bps to 55.8%.
EBITDA: INR 95.3 crore, nearly doubled YOY; EBITDA margin at 31.1%, up 1,130 bps.
PAT: INR 71.9 crore, up 91.3% YOY; PAT margin at 23.5%, up 824 bps.
Net cash and cash equivalents: INR 240.6 crore as of 30 September 2025.
Outlook and guidance
Revenue growth guidance for FY26 maintained at around 25%.
EBITDA margin guidance revised to 28%-30% for FY26, expected to be sustainable in coming years due to improved product mix and operational efficiency.
CDMO projects expected to start contributing by end of FY26, subject to regulatory approvals.
Battery chemicals production to commence in Q4 FY26; IndiGem/Indichem JV in Korea to start contributing from H2 FY27.
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