Chemplast Sanmar Limited has released an investor presentation detailing its performance highlights for the third quarter (Q3) and the first nine months (9M) of the fiscal year 2026 (FY26). The presentation, made available on February 8th, 2026, covers key financial and operational updates across its various business segments. The company noted that Q3 FY26 was a challenging quarter, with performance impacted by pricing pressures across its products. Despite these headwinds, Chemplast Sanmar focused on disciplined execution, cost control, and maintaining operational stability while advancing strategic initiatives. In the PVC segment, domestic demand for Paste PVC remained stable, and the Anti-Dumping Duty (ADD) on imports from the EU and Japan is progressing well. The Suspension PVC business faced a difficult environment due to weather-related disruptions and lower import prices. However, the Chinese government's decision to withdraw the Suspension PVC export tax rebate effective April 2026 is expected to reduce Chinese export competitiveness, with early signs of revival in Suspension PVC pricing. The Custom Manufactured Chemicals Division (CMCD) performance was impacted by an agrochemical slowdown, though new product development and capacity expansion continued as planned. For Value-added Chemicals (VAC), Caustic soda prices and margins remained under pressure globally, exacerbated by domestic overcapacity. Hydrogen Peroxide volumes in Q3 were affected by reduced caustic soda output at the Mettur facility. Looking ahead, the company expects to start FY27 on a stronger note with easing pricing pressures. Capital expenditure projects, including MPB-3 Phase 3 and MPB-4 civil works, are progressing as planned, with completion expected in Q4 FY26 and Q1 FY27, respectively. The R32 refrigerant gas capacity expansion to 14 ktpa is underway, with commercial sales anticipated post-swing plant commissioning in Q4 FY26. The presentation also provides a detailed breakdown of segmental performance for both Q3 and 9M FY26, highlighting revenue and sales volumes across Specialty Chemicals, Value-added Chemicals, and Suspension PVC. Historical financial data and future outlook for each segment are also included.
