Specialty chemicals manufacturer and supplier Yasho Industries has posted revenue of Rs. 307.74 crore in Q1 FY27, supported by robust volume growth of 42% year-on-year (YoY). The growth was driven by increased off-take from existing customers and the addition of marquee international customers.
Yasho Industries recorded a significant improvement in profitability, with EBITDA margin rising to 24.2% and PAT margin reaching 11.7%. The improvement was attributed to a better product mix, disciplined cost management, and enhanced operational efficiencies.
The company’s industrial business continued to remain the key growth engine, contributing 89% of total revenue during the quarter. Exports remained resilient despite challenging global market conditions, contributing 69% on a YoY basis.
As part of its long-term agreement, equipment delivery is expected to be completed by Q3 FY27. The company has received an advance payment of Rs. 98.12 crore to date under the agreement. Yasho Industries’ Net Debt to EBITDA ratio stood at 1.86x at the end of the quarter, reflecting a balanced financial position.
Commenting on the results, Parag Jhaveri, Managing Director & CEO, said, “The year has started on a positive note, with encouraging signs of demand recovery across key markets and a strong response from customers following the commencement of our two new production lines.
"Our focus on operational efficiency, cost optimization, and innovation continues to enhance competitiveness and support growth. With improving capacity utilization, expanding global opportunities, and a robust product pipeline backed by our R&D efforts, we are well positioned to capitalize on the evolving market environment. We remain confident in our growth trajectory and optimistic about delivering on our commitments for the year.”
With improving capacity utilization, a growing international customer base, and continued investments in innovation, Yasho Industries remains focused on strengthening its position in the specialty chemicals sector and driving sustainable growth in FY27.