Asahi Songwon Colors Ltd Reports Q2 & H1FY26 Results: Consolidated Revenue - INR 270.78 Cr; Consolidated EBITDA at INR 23.15 Cr
Asahi Songwon Colors Limited, a leading manufacturer of pigments, colorants and API's, has announced its financial results for the quarter & half year ended September 30, 2025. The company reported a Y-o-Y decrease in revenue and EBITDA for both Q2FY26 and H1FY26. The API business has been operating in a challenging environment with a sharp correction in realisations. However, the company has seen strong cash flow generation from its new business verticals, APl and Azo pigments. The blue business has been subdued due to a sluggish demand environment and tariffs in the US, but the company expects normalcy to return. The Azo business is demonstrating encouraging progress with improved capacity utilisation and new product development.
Key Highlights
- Consolidated Revenue for Q2FY26 was INR 120.90 Cr, a Q-o-Q decrease of 19.34% and Y-o-Y decrease of 14.62%.
- Consolidated EBITDA for Q2FY26 was INR 11.14 Cr, a Q-o-Q decrease of 7.16% and Y-o-Y decrease of 23.17%.
- API business has been operating in a challenging environment with a sharp correction in realisations.
- Strong cash flow generation from new business verticals, APl and Azo pigments.
- Azo business is demonstrating encouraging progress with improved capacity utilisation and new product development.