Bhageria Industries reports strong H1 FY26 growth, strategic expansion

Bhageria Industries Limited reported an 89% year-over-year growth in net profit for H1 FY26, reaching ₹22.36 crore, an 83.28% increase from ₹12.20 crore in H1 FY25. Total income rose 48.24% to ₹369.99 crore, and EBITDA increased 47.72% to ₹48.91 crore. Diluted EPS grew 84.62% to ₹5.28. For Q2 FY26, net profit increased 79.68% to ₹11.47 crore, total income rose 55.59% to ₹206.02 crore, and EBITDA was up 46.58% to ₹24.74 crore.

The company's robust performance was supported by strategic initiatives including the expansion of H-Acid capacity at Tarapur from 400 MT/M to 500 MT/M, expected to generate an additional ₹50-55 crore in annual revenue. Bhageria also commenced production of plasticizers and ethoxylates at Tarapur, marking its entry into polymer additives for various industrial uses. CARE Ratings reaffirmed the company's long-term and short-term bank facilities at CARE A; Stable / CARE A1 for a total of ₹91 crore.

In the previous fiscal year, FY25, Bhageria Industries reported a standalone total income of ₹604 crore, with an EBITDA of ₹91 crore and a profit after tax of ₹42.27 crore.