Shree Pushkar chemicals & fertilisers Ltd., a leading manufacturer of dyes, dye intermediates, and fertilisers, has announced its unaudited consolidated financial results for the quarter ended 30 June 2025.

For Q1 FY26, the company reported consolidated Revenue from Operations of Rs. 254.5 crore, marking a 31.1per cent year-on-year growth from Rs. 194.2 crore in Q1 FY25 and a 16 per cent sequential growth from Rs. 219.4 crore in Q4 FY25. Gross profit stood at Rs. 83.9 crore, up 25.7 per cent YoY, with a gross margin of 33 per cent.

EBITDA rose sharply to Rs. 29.1 crore, a growth of 64.8per cent YoY, with EBITDA margin improving to 11.4 per cent   compared to 9.1 per cent   in the same period last year.

Profit Before Tax (PBT) increased by 71.1 per cent   YoY to Rs. 25.8 crore, while Profit After Tax (PAT) grew 63.2 per cent YoY to Rs. 21 crore as compared to Rs. 12.8 crore in Q1 FY25. Earnings per share stood at Rs. 6.48 for the quarter.

In terms of volumes, the company sold 91,125 metric tonnes (MT) in Q1 FY26, up 6.4 per cent YoY. Chemical segment volumes were 14,837 MT, a decline of 6.9 per cent YoY, while fertiliser volumes increased 9.4 per cent  YoY to 76,288 MT. Segmental revenue for chemicals rose 28.4 per cent   YoY to Rs. 117.7 crore, while fertilisers registered a 33.4 per cent YoY growth to Rs. 136.8 crore.

During the quarter, the company’s construction and site development for Unit 6 in Ratnagiri, Maharashtra is progressing as planned. It also initiated setting up of a 10 MW DC solar power plant in Nanded, Maharashtra under the ‘Open Access’ scheme. Moreover, the company incorporated Dyecol Color Technologies Private Limited, a wholly owned subsidiary to serve as the marketing arm for the dyes and dye intermediates business.

Commenting on the performance, Punit Gopikishan Makharia, Chairman and Managing Director, said: “Our Q1 FY26 performance reflects solid growth in both revenue and profitability, driven by strong demand in the Fertilisers segment and improved realizations across both product categories.

Revenue from operations rose 31.1 per cent year-on-year and 16.0 per cent sequentially to Rs. 254.5 crore. Fertilisers posted a 9.4 per cent YoY and 27.1 per cent QoQ increase in volumes to 76,288 MT, with revenue surging 33.4 per cent YoY and 46.8 per cent QoQ, supported by favourable seasonal demand, higher realizations, and an improved product mix.

The Chemicals segment recorded a 6.9 per cent YoY volume decline to 14,837 MT due to softer demand in select markets, but volumes rose 48.0 per cent QoQ on seasonal recovery. Segment revenue increased 28.4 per cent YoY, despite a 6.8 per cent sequential dip.

Overall volumes reached 91,125 MT, up 6.4 per cent YoY and 30.1 per cent QoQ, with Fertilisers contributing the bulk of the growth. EBITDA grew 64.8 per cent  YoY and 17.9 per cent  QoQ to Rs. 29.1 crore, with margins improving to 11.4 per cent  from 9.1 per cent  last year, driven by stronger operating leverage and cost efficiencies. PAT rose 63.2 per cent YoY and 26.7 per cent QoQ to Rs. 21.0 crore, with margins expanding to 8.2 per cent from 6.6 per cent in Q1 FY25.

During the quarter, the Board approved the incorporation of Dyecol Color Technologies Private Limited, a wholly-owned subsidiary dedicated to marketing our Dyes and Dyes Intermediates business. This initiative will strengthen brand positioning, expand market reach, and enhance customer engagement both domestically and internationally. By separating marketing from manufacturing, we aim to improve efficiency, enter new geographies, and capitalise on growth opportunities in our core dyes segment.

Over the years, we have completed capital expenditures of Rs. 202 crore, entirely funded through internal accruals. Future investments will focus on capacity expansion and integration in both Chemicals and Fertilisers, supported by internal funds and promoter equity infusion, while maintaining a net cash positive position.

In Q1 FY26, we also commenced work on setting up a 1.1 MW DC KPPL solar power plant at our Hisar facility.

These strategic initiatives reinforce our ability to sustain growth momentum, enhance profitability, maintain disciplined cost control, and unlock higher operational leverage, thereby driving long-term value creation.”