Bhansali Engineering Polymers has delivered a strong financial performance for the second quarter of FY27, with consolidated net profit jumping 54.41% year-on-year to Rs 62.46 crore, while revenue from operations rose 24.08% to Rs 403.37 crore.

 

The petrochemical manufacturer, which produces acrylonitrile butadiene styrene (ABS) and styrene acrylonitrile (SAN) resins, reported higher revenue and profitability for the quarter ended September 30, 2026, compared with the corresponding period last year.

 

Consolidated profit after tax (PAT) climbed from Rs 40.45 crore in Q2 FY26 to Rs 62.46 crore in Q2 FY27. Profit before tax (PBT) surged 58.11% to Rs 86.86 crore, against Rs 54.94 crore a year earlier.

 

Total income increased 24.14% year-on-year to Rs 413.08 crore, compared with Rs 332.76 crore in the year-ago quarter.

 

However, the performance was softer sequentially. Revenue from operations declined 14.57% from Rs 472.15 crore in Q1 FY27, while consolidated net profit fell 4.78% from Rs 65.60 crore in the preceding quarter.

 

The company's first-half performance remained robust, with consolidated revenue from operations surging 38.31% year-on-year to Rs 875.52 crore for the six months ended September 30, 2026.

 

Total income rose 37.26% to Rs 894.99 crore, while profit before tax advanced 51.87% to Rs 177.53 crore from Rs 116.89 crore in H1 FY26.

 

Consolidated net profit jumped 48.32% to Rs 128.06 crore, compared with Rs 86.34 crore in the corresponding period last year.

 

Earnings per share (EPS) for the half-year period increased to Rs 5.15 from Rs 3.47 a year earlier. Quarterly basic and diluted EPS stood at Rs 2.51, up from Rs 1.63 in Q2 FY26.

 

On a standalone basis, Bhansali Engineering Polymers reported a 57.25% year-on-year jump in Q2 net profit to Rs 63.03 crore, compared with Rs 40.09 crore in the year-ago quarter.

 

Standalone revenue from operations stood at Rs 403.37 crore during the quarter.

 

For H1 FY27, standalone net profit rose 47.64% to Rs 128.17 crore from Rs 86.82 crore in the corresponding period last year. Standalone revenue from operations reached Rs 875.52 crore, while half-year EPS stood at Rs 5.15.

 

The company's higher profitability came despite an increase in operating costs. Consolidated total expenses rose to Rs 326.55 crore in Q2 FY27 from Rs 278.19 crore in Q2 FY26, with raw material costs accounting for Rs 259.43 crore.

 

As of September 30, 2026, paid-up equity share capital remained unchanged at Rs 24.89 crore, comprising fully paid equity shares with a face value of Rs 1 each.

 

The company's consolidated reserves, excluding revaluation reserves, stood at Rs 1,058.34 crore, based on the audited balance sheet for the preceding financial year.