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GHCL LTD. Q2 FY26 Results

GHCLQ2 FY26 Results
Filing
MetricValue ( Cr)Q1 FY26Q2 FY25
Revenue721.299.4%9.0%
Total Income738.3210.2%8.9%
Expenditure593.795.4%3.3%
PBT144.5325.7%26.4%
Net Profit106.7026.0%31.1%
OPM21.80%2.98pp
NPM14.45%3.07pp
EPS11.1626.1%584.7%
View full financials

GHCL Ltd Announces Q2/H1 FY26 Results, Unveils Rs. 300 Crore Share Buyback Program

01 Nov 2025 · 1 Nov 2025, 06:32 pm

Summary

GHCL Ltd, India’s leading Chemical Company, announced its financial results for Q2/H1 FY26. Despite significant global geopolitical headwinds and trade uncertainties, the company managed to navigate these challenges, thanks to healthy domestic demand driven by India’s growing GDP and a good monsoon. The company's response to high volume of cheap imports has been decisive and effective, with focused cost optimisation protecting healthy margins. The company is building for the future with diversification into bromine and vacuum salt, and a Greenfield soda ash project. A proposed Anti-Dumping Duty (ADD) on Soda Ash could provide relief from predatory import pricing. The company has announced a share buyback programme for Rs. 300 crores to optimise the capital structure and create value for shareholders.

Key Highlights

  1. 1

    Q2 FY26 Net Revenue declined by 9% to Rs. 739 crores

  2. 2

    Q2 FY26 EBIDTA declined by 23% to Rs. 175 crores

  3. 3

    Q2 FY26 Net Profit declined by 31% to Rs. 107 crores

  4. 4

    H1 FY26 Net Revenue declined by 6% to Rs. 1562 crores

  5. 5

    H1 FY26 EBIDTA declined by 14% to Rs. 399 crores

  6. 6

    H1 FY26 Net Profit declined by 17% to Rs. 252 crores

  7. 7

    GHCL announced a share buyback programme for Rs. 300 crores

Management Comments

M

Mr. R S Jalan

Managing Director, GHCL Limited

Q2 has truly demonstrated GHCL's resilience... We successfully navigated significant global geopolitical headwinds and trade uncertainties, capitalising on healthy domestic demand driven by India’s growing GDP and a good monsoon... Our primary challenge has been the high volume of cheap imports, putting undeniable pressure on industry-wide pricing and our topline... However, our response has been decisive and effective... We are also building for the future... Further, our Greenfield soda ash project is making slower progress behind our expectations; however, it will provide significant long term operational and financial gains... We have fortified our leadership position and announced a share buyback programme for Rs. 300 crore, which will optimise the capital structure and create value for our shareholders.

Informational and educational content only. Not investment advice.