Chemplast Sanmar reports 86% EBITDA drop amid pricing pressure

Chemplast Sanmar Limited reported Q1 FY '26 revenues of INR 1,100 crores and EBITDA of INR 17 crores, representing a 4% revenue decline and 86% EBITDA drop year-over-year. The company posted a net loss of INR 64 crores.

Persistent dumping of Paste PVC and Suspension PVC created continued pricing pressure. Anti-dumping investigations are ongoing for Paste PVC, with final duty imposition expected by Q4 FY '26.

Construction for MPB 3 Phase 3 and MPB 4 progresses as planned, with completion expected by Q3 FY '26.