Yasho Industries, a specialty chemicals manufacturer, has reported a robust set of audited financial results for Q4 and FY26 ended March 31, 2026, showing double-digit growth in revenue and volumes despite global market disruptions.

 

The company delivered consolidated revenue of Rs. 246.26 crore in Q4 FY26 and Rs. 830.03 crore for the full year FY26, marking a 22.7% year-on-year increase driven by strong volume expansion and improved operational efficiency. Volume growth stood at a sharp 33% YoY, underlining healthy underlying demand.

 

EBITDA for FY26 came in at Rs. 144.46 crore, up 21.0% YoY, while margins improved to 17.4%, supported by a better product mix, cost discipline, and operating efficiencies. Profit after tax rose to Rs. 25.26 crore for FY26, with PAT margin improving to 3.0%.

 

For Q4 FY26, EBITDA stood at Rs. 44.72 crore, up 23.7% year-on-year, while PAT surged to Rs. 12.26 crore, compared to Rs. 5.03 crore in the same quarter last year.

 

Industrial applications continued to dominate the business, accounting for 87% of total revenue for both the quarter and the full year. Exports remained a key driver, contributing 62% of revenue despite ongoing global uncertainty.

 

On the operational front, the company’s R&D lab at Pakhajan is now fully operational, with multiple formulations and customer trials currently underway, signaling a stronger innovation pipeline.

 

Commenting on the results, Parag Jhaveri, Managing Director & CEO said, “FY26 was impacted by tariff-related disruptions, geopolitical tensions, and cautious procurement trends across export markets, affecting overall demand visibility. 

 

"Despite these challenges, we delivered stable operational performance through disciplined execution, cost optimization, and efficiency measures. We strengthened our growth platform with continued R&D investments, commercialization of two new manufacturing lines, and a long-term customer-funded engagement with a multinational company. With improving market conditions, capacity ramp-up, and a focus on differentiated products, we remain optimistic about the outlook ahead.”

 

Key financial highlights show steady improvement across metrics. Total revenue rose from Rs. 67,751.50 lakhs in FY25 to Rs. 83,131.40 lakhs in FY26. EBITDA expanded from Rs. 11,940.08 lakhs to Rs. 14,445.94 lakhs, while PAT surged from Rs. 610.52 lakhs to Rs. 2,525.80 lakhs over the same period.

 

Despite external pressures, the company ended FY26 on a stronger operational footing, supported by efficiency gains, capacity expansion, and a higher contribution from export and industrial segments.