543547

Management guided for FY27 polymer compounding revenue growth of 13% YoY, with a volume target of 231,000 metric tons and anticipated EBITDA margins of approximately 11%. The total Capex for FY27 is INR175 crores, including over INR70 crores allocated to the new Battery Energy Storage System (BESS) segment. The BESS business is projected to generate INR200-250 crores in revenue for FY27, aiming for breakeven with 2-3% EBITDA margins, and INR900 crores in FY28 with 10% EBITDA margins. The company targets developing 5 GW of BESS capacity, expecting to contribute an additional INR2,000-2,500 crores to the top line by FY2030. Polymer compounding capacity expanded to 268,400 MTPA in FY26, with plans to exceed 315,000 MTPA, driven by robust domestic demand, renewables, and strong export opportunities.