Ellenbarrie Industrial Gases Ltd

Ellenbarrie Industrial Gases Ltd has announced a Board of Directors meeting scheduled for November 4, 2026. The primary agenda item is to consider and approve the Unaudited Financial Results for the second quarter and half year ended September 30, 2026. Additionally, the company will discuss other business matters. The trading window will reopen 48 hours after the declaration of these results.

Ellenbarrie Industrial Gases Limited has announced a significant contract win from Bharat Heavy Electricals Limited (BHEL) valued at ₹481 crore. The contract is for the design, engineering, supply, erection, testing, and commissioning of a 1200 TPD cryogenic Air Separation Unit (ASU) on a turnkey basis for BHEL's Coal to Ammonium Nitrate project in Odisha. This project, to be executed over eight quarters and commissioned in FY29, marks Ellenbarrie's entry into India's coal gasification sector and represents its largest plant built to date. The contract is on a Build and Transfer (B&T) basis, focusing on execution rather than long-term plant operation. This award underscores Ellenbarrie's capability in executing large-scale, technologically sophisticated ASU projects and positions them to capitalize on the growing opportunities within India's National Coal Gasification Mission.

Ellenbarrie Industrial Gases Limited has secured a significant contract from Bharat Heavy Electricals Limited (BHEL) for the supply and erection of a Cryogenic Air Separation Unit (ASU). The ASU, with a capacity of 1200 TPD, is for BHEL's proposed Coal to Ammonium Nitrate project in Jharsuguda, Odisha. The contract is valued at ₹480.73 crores (excluding GST) and is to be executed on a turnkey basis within 24 months. This award signifies a major business development for Ellenbarrie Industrial Gases.

Ellenbarrie Industrial Gases Limited has announced the successful commissioning of its 325 Tons per day (TPD) Air Separation Unit (ASU) at Jai Balaji Industries Limited's manufacturing facility in Durgapur, West Bengal. This marks the commencement of operations under a 15-year onsite industrial gas supply agreement signed on February 14, 2025. Revenues are expected to begin from September 2026. The agreement features a take-or-pay structure, providing long-term recurring revenue visibility and strengthening the company's presence in Eastern India.

Ellenbarrie Industrial Gases Limited has announced the closure of its trading window for designated persons and their immediate relatives. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's code of conduct. The window will be shut from October 1, 2026, to facilitate the Board's approval and announcement of the unaudited financial results for the quarter ending September 30, 2026. Trading will resume 48 hours after the results are officially announced to the stock exchanges. The company has also disseminated this information on its website.

Ellenbarrie Industrial Gases Limited has submitted its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26, also referred to as BRSR 2026. This report is a part of the company's Integrated Annual Report for the same financial year and has been disseminated on the company's website. The filing, made pursuant to Regulation 34 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, includes general disclosures, details of business activities contributing to 90% of turnover (primarily manufacturing of gases at 97.8%), products/services sold, operational locations, markets served (19 national, 1 international), employee details, and representation of women on the Board of Directors. The company's primary business is the manufacturing of gases, with a significant portion of turnover derived from the sale of gases (70.4%) and services (27.4%). Exports contributed 0.7% to the total turnover.

Ellenbarrie Industrial Gases Limited has released its Annual Report for 2026, titled 'Shaping the Next Phase of Growth'. The report highlights a strong financial performance for FY26, with growth in Revenues, EBITDA, and PAT, despite near-term headwinds. Key achievements include a successful public listing on July 1, 2025, capacity expansion with new facilities commissioned, and a strategic focus on emerging sectors like solar manufacturing and ultra-high purity gases. The company is enhancing its market presence and operational efficiency to unlock greater value and drive sustainable growth for stakeholders.

Ellenbarrie Industrial Gases Limited has announced the Notice of its 52nd Annual General Meeting (AGM) and the Integrated Annual Report for FY 2025-26. The AGM is scheduled for Saturday, September 26, 2026, at 12:00 PM IST, to be conducted via Video Conferencing (VC)/Other Audio Visual Means (OAVM). Key agenda items include the adoption of audited financial statements for FY 2025-26, the re-appointment of Mr. Padam Kumar Agarwala as Managing Director, and the ratification of remuneration for the Cost Auditors for FY 2026-27. The Annual Report and AGM Notice are being disseminated electronically to members and are also available on the company's website.

Ellenbarrie Industrial Gases Limited has submitted its Monitoring Agency Report for the quarter ended June 30, 2026. The report, issued by CRISIL Ratings Limited, pertains to the utilization of gross proceeds from the company's Initial Public Offer (IPO). The filing confirms that there were no deviations from the IPO's stated objects. The company has also disseminated this report on its official website. The IPO, which occurred between June 24-26, 2025, had an issue size of ₹8,525.25 million, comprising a fresh issue of ₹4,000 million and an Offer for Sale (OFS) of ₹4,525.25 million. The net proceeds from the fresh issue after expenses were ₹3,731.36 million.

Ellenbarrie Industrial Gases Ltd. reported a strong Q1 FY27 performance with Profit After Tax (PAT) nearly doubling to ₹350 million, an 87% year-on-year increase. Revenue from operations grew 18% YoY to ₹987 million, driven by volume growth from merchant plants. EBITDA also saw significant growth, rising 21% YoY to ₹387 million, with an improved EBITDA margin of 39%. The company anticipates further revenue contribution from its East India onsite plant starting Q2 FY27 and has a Capex guidance of ₹2,500 million for FY27. Margins were boosted by higher volumes, cost control, and recovering Argon prices.