Platinum Industries Posts 12.4% YoY and 19.55% QoQ Revenue Growth in Q1 FY26; EBIDTA Margin Recovery to 13.14%
Platinum Industries Ltd., a leading manufacturer of PVC and CPVC additives and the third-largest player in the domestic PVC stabiliser market, has announced its unaudited financial results for the first quarter of the fiscal year ending March 31, 2026. The company reported a 12.40% YoY and 19.55% QoQ growth in revenue from operations, and a recovery in EBIDTA margin to 13.14%. The growth was driven by improved capacity utilisation and favourable market conditions in select geographies. However, EBITDA and PAT were down YoY due to higher employee benefit expenses and other operating costs. The company has commenced Phase 1 at its Palghar facility, adding 12,000 TPA of non-lead-based CPVC additive capacity, with subsequent phases bringing total capacity additions to 60,000 TPA by Q3 FY26.
Key Highlights
- 12.40% YoY and 19.55% QoQ growth in revenue from operations
- EBIDTA margin recovery to 13.14%
- Commencement of Phase 1 at Palghar facility, adding 12,000 TPA of non-lead-based CPVC additive capacity
- Higher employee benefit expenses and other operating costs affecting EBITDA and PAT
- Plans for total capacity additions of 60,000 TPA by Q3 FY26