Finolex Industries Limited — Q1FY27 earnings call summary

Filed 13 August 2026 · Official transcript

Full-year volume guidance uncertain due to market volatility; margin guidance sub-15%
Q1 FY27 sales volume declined 27% to 68,000 MT; revenue down 15% to INR884 Cr
PVC price volatility and regulatory changes impacted volumes; July saw volume pickup
CPVC share steady at ~7%; capacity expansions ongoing via debottlenecking
EBITDA rose 14% to INR107 Cr; margin improved from 9% to 12%
Channel inventory near normal; PVC price floor set by minimum import price
VCM supply constrained due to Middle East issues; monsoon limits VCM line production
Other income volatile, driven by bond yield mark-to-market gains/losses