MCON Rasayan reported strong H2 & FY26 financials.

H2 sales jumped 26% YoY to INR 36.9 Cr, with EBITDA up 80% to INR 4.3 Cr, margins at 11.7%. Full-year revenue grew 29% to INR 65.2 Cr, and PAT rose 34% to INR 3.0 Cr.

Management is confident of 35-40% revenue growth and targets 12% EBITDA margins in the medium term, eventually reaching 18% over three years.

Drivers include expanding distribution (188+ distributors, 7 FOCO partnerships), increasing institutional traction (CPWD, Chennai Metro expected INR 4-5 Cr/year), and a focus on value-added products.

Capacity isn't a bottleneck, and working capital is improving.

The company plans for future capital market fundraising.

Sentiment is positive, emphasizing sustainable growth.