SMLTSarthak Metals Ltd
Sarthak Metals Q1 FY27: PAT +25% YoY to ₹1.33 Cr, but core EBITDA margin slips to 2.8%
cored wires · margin compression · other income boost
Research Reports
13 Aug 2026
GANDHITUBEGANDHI SPECIAL TUBES LTD.-$
Gandhi Special Tubes: standalone PAT +29% YoY to ₹27.94 Cr as material costs ease and margins expand
auto ancillary · special tubes · margin expansion
RHETANRhetan TMT Ltd
Rhetan TMT Q1FY27: other income masks 19% revenue drop, margin turns negative
tmt bars · capacity expansion · other income
SCODATUBESScoda Tubes Ltd
Scoda Tubes Q1 FY27: revenue +28% YoY to ₹124 Cr, but PAT falls 26% as margins compress
stainless steel tubes · capacity expansion · margin compression
UNIENTERUNIPHOS ENTERPRISES LTD.
Uniphos Enterprises: revenue drops to nil, loss widens to ₹1.19 Cr in Q1 FY27 amid stake-sale transition
revenue halt · trading segment · change of control
INDIAGLYCOINDIA GLYCOLS LTD.
India Glycols consolidated PAT +32% YoY on lower finance costs; segment margins compress
specialty chemicals · potable spirits · debt reduction
12 Aug 2026
SUDARSCHEMSUDARSHAN CHEMICAL INDUSTRIES LTD.
Sudarshan Q1FY27: consolidated PAT up 88% YoY to ₹103 Cr as margins expand, revenue +5%
pigments · heubach integration · margin expansion
HARIOMPIPEHariom Pipe Industries Ltd
Hariom Pipe consolidated PAT falls 30% YoY as TNPCB shutdown hits Perundurai output
steel pipes · plant shutdown · margin compression
TUTIALKATuticorin Alkali Chemicals And Fertilizers Ltd
Tuticorin Alkali Q1 FY27: standalone PAT drops 32% YoY as ammonia costs squeeze margins
ammonia price volatility · margin compression · chemicals
NFLNATIONAL FERTILIZERS LTD.
NFL: ₹113 Cr consol PAT masks near-breakeven core quarter after ₹130 Cr subsidy one-off
fertilizer subsidy · urea · one-off income
DICINDDIC INDIA LTD.
DIC India Q1 FY27: standalone PAT more than triples YoY to ₹14.3 Cr as margins expand
printing inks · margin expansion · inventory build
INDOAMININDO AMINES LTD.-$
Indo Amines Q1FY27: Consol. PAT +7% YoY to ₹30.8 Cr, tax bite offsets 30% revenue growth
speciality chemicals · margin expansion · tax rate
GSFCGUJARAT STATE FERTILIZERS & CHEMICALS LTD.
GSFC Q1FY27: consolidated PAT +14% YoY to ₹158.5 Cr, fertilizer margins compress
fertilizer segment · margin compression · caprolactam benzene spreads
MANAKSIAMANAKSIA LTD.
Manaksia Q1 FY27: consolidated PAT jumps 73% YoY to Rs.26.7 Cr as NPM expands to 10.9%
metal products · packaging products · margin expansion
VALIANTORGValiant Organics Ltd
Valiant Organics Q1 FY27: consol PAT triples to ₹29.3 Cr as Pharma turns profitable
specialty chemicals · pharma segment · margin expansion
AIMLALLIANCE INTEGRATED METALIKS LTD.
AIML: standalone loss widens 11% YoY to ₹22.98 Cr; NPA, going-concern doubt persist
npa loans · going concern · one-time settlement
FLUOROCHEMGujarat Fluorochemicals Ltd
Consolidated PAT +20% YoY to ₹219 Cr, misses Street's ₹276 Cr view; EV losses widen
specialty chemicals · fluoropolymers · ev battery materials
STALLIONStallion India Fluorochemicals Ltd
Stallion India Q1 FY27: standalone PAT jumps 79% YoY to ₹18.6 Cr as margins expand sharply
specialty gases · refrigerant gases · margin expansion
KIRIINDUSKIRI INDUSTRIES LTD.
Kiri Industries: revenue +55% YoY, but PAT surge mostly one-off treasury gains, not ops
dyes and intermediates · treasury gains · other income
NPLNational Peroxide Ltd
National Peroxide Q1 FY27: standalone PAT jumps 7x YoY to ₹6.6 Cr; margin eases QoQ
hydrogen peroxide · margin compression · raw material cost
HITECHHi-Tech Pipes Ltd
Hi-Tech Pipes Q1FY27: consol PAT dips 4% YoY to ₹20 Cr as trading surge dilutes margins
steel pipes · trading mix · margin compression
MMTCMMTC LTD.
MMTC: When an Audit Qualification Wipes ₹82.82 Crore Off Net Profit
audit qualification · Anglo Coal · contingent liability
ResearchDeep dive5 minMetals & Mining
IGCLIndogulf Cropsciences Ltd
Indogulf Q1 FY27: consolidated PAT down 38% YoY as margins compress to 1.4%
agrochemicals · margin compression · yoy decline
MUKANDLTDMUKAND LTD.
Mukand Q1 FY27: consolidated PAT ₹57 Cr, up 98% YoY but flattered by land-sale gain
specialty steel · land sale gain · one-off other income
SUDARSCHEMSUDARSHAN CHEMICAL INDUSTRIES LTD.
Watch for margin recovery as Heubach integration matures
Heubach integration · margin recovery · pigment
NFLNATIONAL FERTILIZERS LTD.
Urea Cycle Outlook: Commodity Tailwinds & Margin Recovery on Watch
fertilizers · urea · margins
TIILTECHNOCRAFT INDUSTRIES (INDIA) LTD.
Q1 FY27: Profit Growth on Track as Management Reallocates Capital
profit growth · margin expansion · capital reallocation
KOTICKOTHARI INDUSTRIAL CORPORATION LTD.
From Q4 Loss to Q1 Turnaround — Footwear Ramp & FMCG Launch in Focus
footwear manufacturing · FMCG expansion · loss recovery
ANURASAnupam Rasayan India Ltd
Q1 on Plan, But Bliss GVS Burden Ahead—Confirm Guidance
specialty-chemicals · M&A-deal · bliss-gvs-acquisition
NSLNISPNMDC Steel Ltd
Volume Momentum Meets Margin Test — FY27 Execution in Focus
iron ore · production volumes · margin expansion