**Financial Highlights:** Q1-FY26 revenue at ₹475.5 Cr (-4.8% YoY), impacted by PVC realization.

EBITDA rose 19% YoY to ₹53.8 Cr (11.31% margin), driven by Caustic Soda & lower power costs.

PAT surged 70.1% YoY to ₹11.4 Cr due to cost efficiencies.

Finance costs are at a 32-quarter low.

FY25 Net Debt to Equity is 0.20x. Specialty chemical plants have high utilization: SIOP 122%, C-PVC 85%. **Strategic Initiatives & Growth Drivers:** Strategic shift to high-margin Specialty Chemicals.

A 44.5 MW solar project is operational, cutting Sahupuram power costs by 25%. Capex underway to double C-PVC capacity (20KT added) & boost SIOP throughput.

A 2,900-acre land bank supports future expansion. **Business Developments:** Pioneer in India's chemical sector (first Soda Ash & C-PVC). Leading C-PVC & SIOP manufacturer with global reach (12+ countries). Diversified product portfolio serves 15+ industries. **Market Position & Competitive Advantage:** Asia's unique commercial-scale SIOP manufacturer.

Sahupuram plant offers logistical advantage (port proximity). Self-sufficiency in power/raw materials & tech tie-ups enhance competitive edge.

8 decades of established relationships. **Investor Implications:** Solid Q1 results show operational efficiency.

Strategic shift to specialty chemicals, capacity expansions, & green energy signal positive growth potential.

Healthy balance sheet & declining finance costs support future profitability.