Chemplast Sanmar Limited
It is a major manufacturer of Speciality Chemicals such as Specialty Paste PVC resin and Custom Manufactured Chemicals for agro-chemical, pharmaceutical and fine chemicals sector. The company also produces other chemicals such as Caustic Soda, Chlorochemicals, Hydrogen Peroxide, Refrigerant gas and Industrial Salt. The manufacturing facilities are located at Mettur, Berigai and Vedaranyam in Tamil Nadu and Karaikal…
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CHEMPLASTS informs shareholders about the upcoming 42nd Annual General Meeting (AGM) and online availability of the FY25-26 Annual Report. The company is ensuring all investors can access documents and participate in e-voting, especially those without registered emails.
CHEMPLASTS' board approved Q4/FY results. No dividend. A new Non-Executive Director was appointed. Company faces Rs 898 Cr standalone impairment on subsidiary investment and Rs 149.92 Cr consolidated charge for onerous contracts/raw material writedown due to market shifts/West-Asia crisis. A committee will explore strategic M&A.
Chemplast Sanmar released year-end results, proposing no dividend. The Board appointed a new Non-Executive Director and formed a committee to explore strategic priorities and M&A opportunities. Key financial impacts include Rs 898 Cr impairment for a subsidiary and Rs 149.92 Cr for onerous contracts.
CHEMPLASTS announced management changes. CFO Mr. N Muralidharan and Company Secretary Mr. M Raman are stepping down. Mr. A R Balaji is appointed as the new CFO, and Mr. P Srinivasan as the new Company Secretary and Compliance Officer.
Chemplast Sanmar reported Q2 revenue of 1,033 Cr (+4% YoY) and EBITDA of 43 Cr (+68% YoY), driven by improved Suspension PVC margins. Paste PVC faced import pressures. Custom Manufacturing expansion projects are advancing, with new capacities expected online in upcoming periods, boosting future performance.