Platinum Industries Q1 Revenue Rises 12 Per Cent
ECONOMY & POLICY

Platinum Industries Q1 Revenue Rises 12 Per Cent

Platinum Industries Limited, a leading manufacturer of PVC and CPVC additives and the third-largest player in India’s PVC stabiliser market, has reported a 12.4 per cent year-on-year increase in revenue for the first quarter of FY26, supported by improved capacity utilisation and favourable market conditions.
Revenue from operations rose to Rs 1.15 billion in Q1 FY26 from Rs 1.03 billion in the same quarter last year. On a sequential basis, revenue grew 19.6 per cent from Rs 965 million in Q4 FY25. EBITDA stood at Rs 152 million, down 26 per cent year-on-year from Rs 205 million, but more than doubled from Rs 82 million in Q4 FY25. EBITDA margin contracted to 13.1 per cent from 19.9 per cent a year ago but improved from 8.5 per cent in the previous quarter.
Profit after tax came in at Rs 131 million, down 26 per cent year-on-year but up 107 per cent compared with Rs 63 million in Q4 FY25. PAT margin stood at 11.3 per cent versus 17.3 per cent last year, with sequential improvement from 6.5 per cent.
Chairman and Managing Director Krishna Rana said the quarter reflected strong sequential recovery in both revenue and profitability, supported by operational efficiency, cost control, and customer engagement. He added that the commencement of Phase 1 at the company’s Palghar facility has added 12,000 TPA of non-lead-based CPVC additive capacity, with total capacity expected to reach 60,000 TPA by Q3 FY26.
Platinum is also developing a 60,000 TPA REACH-compliant plant in Egypt’s Suez Economic Zone, aimed at strengthening its access to Europe, MENA, and Latin America. These projects, alongside leadership hires and innovation-led strategies, are expected to reinforce its position in the global speciality chemicals sector.
The company, which holds a 13 per cent domestic market share, supplies to over 30 countries from its certified Palghar facility near JNPT Port. Its portfolio spans PVC stabilisers, CPVC compounds, additives, metal soaps, and lubricants, serving industries ranging from infrastructure and packaging to electrical and automotive. 

Platinum Industries Limited, a leading manufacturer of PVC and CPVC additives and the third-largest player in India’s PVC stabiliser market, has reported a 12.4 per cent year-on-year increase in revenue for the first quarter of FY26, supported by improved capacity utilisation and favourable market conditions.Revenue from operations rose to Rs 1.15 billion in Q1 FY26 from Rs 1.03 billion in the same quarter last year. On a sequential basis, revenue grew 19.6 per cent from Rs 965 million in Q4 FY25. EBITDA stood at Rs 152 million, down 26 per cent year-on-year from Rs 205 million, but more than doubled from Rs 82 million in Q4 FY25. EBITDA margin contracted to 13.1 per cent from 19.9 per cent a year ago but improved from 8.5 per cent in the previous quarter.Profit after tax came in at Rs 131 million, down 26 per cent year-on-year but up 107 per cent compared with Rs 63 million in Q4 FY25. PAT margin stood at 11.3 per cent versus 17.3 per cent last year, with sequential improvement from 6.5 per cent.Chairman and Managing Director Krishna Rana said the quarter reflected strong sequential recovery in both revenue and profitability, supported by operational efficiency, cost control, and customer engagement. He added that the commencement of Phase 1 at the company’s Palghar facility has added 12,000 TPA of non-lead-based CPVC additive capacity, with total capacity expected to reach 60,000 TPA by Q3 FY26.Platinum is also developing a 60,000 TPA REACH-compliant plant in Egypt’s Suez Economic Zone, aimed at strengthening its access to Europe, MENA, and Latin America. These projects, alongside leadership hires and innovation-led strategies, are expected to reinforce its position in the global speciality chemicals sector.The company, which holds a 13 per cent domestic market share, supplies to over 30 countries from its certified Palghar facility near JNPT Port. Its portfolio spans PVC stabilisers, CPVC compounds, additives, metal soaps, and lubricants, serving industries ranging from infrastructure and packaging to electrical and automotive. 

Next Story
Infrastructure Urban

Indian REITs Association Joins Global REIT Alliance

The Indian REITs Association (IRA) has become a member of the Global REIT Alliance, a coalition representing the global Real Estate Investment Trust (REIT) sector. The alliance, launched at the European Public Real Estate Association’s 2025 ReThink conference in Stockholm, aims to promote cross-border cooperation, policy dialogue, and market standardisation for the growth of REITs as an investment asset class.The Global REIT Alliance, which includes members from 24 countries, focuses on promoting global awareness of securitised real estate, supporting sustainable investment, providing indust..

Next Story
Infrastructure Transport

Vande Bharat May Soon Connect Chennai and Rameswaram

Southern Railway plans to introduce a Vande Bharat Express between Chennai and Rameswaram following the completion of electrification on the 53-km Ramanathapuram–Rameswaram section.A proposal has been submitted to the Railway Board to operate the new daytime service from either Chennai Egmore or Tambaram, aiming to ease congestion on existing overnight trains along the 600–660 km route.Officials noted that while the section is cleared for electric locomotives, a 220-metre gap near Uchipuli will undergo trials before the Vande Bharat is introduced. The final route will consider travel time,..

Next Story
Infrastructure Transport

RITES Partners with Etihad Rail to Boost Infrastructure Collaboration

RITES, a leading transport infrastructure consultancy and engineering firm, has signed a Memorandum of Understanding (MoU) with UAE-based Etihad Rail to enhance business collaboration with its subsidiary, National Infrastructure Construction Company (NICC).The partnership aims to combine RITES’ five decades of expertise in consultancy, transport infrastructure, and engineering with NICC’s execution capabilities, creating synergies for infrastructure projects across the UAE and other regions.The MoU was signed by HE Shadi Malak, CEO of Etihad Rail, and Rahul Mithal, Chairman and Managing Di..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?