Chemplast Sanmar Q4 FY26 Results (NSE: CHEMPLASTS)

· Analysis by Alpha Inflection

Signal: Margins at cyclical peak

Chemplast Sanmar Q4 FY26 key financials
MetricValueYoYQoQ
Revenue₹4,223.79 Cr-2.8%405.8%
EBIT₹12.9 Cr-80.7%
Net profit₹0 Cr100.0%
EPS₹17.7155.8%
EBIT margin5.4%

P&L walk

Consolidated revenue for Q4FY26 jumped 405.8% QoQ to ₹4,223.79 Cr (annual figure includes prior quarters' cumulative revenue), but EBITDA margin at 5.4% remains thin. Net profit reported as zero, implying a near-breakeven, after a ₹45 Cr loss in Q3FY26. The quarter includes a massive standalone impairment of ₹898 Cr on the subsidiary, which flows through the consolidated statement — the consolidated PAT figure of ₹0 likely reflects that one-off charge offsetting recurring profits from the specialty chemicals business.

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