Petrochemicals: Q1 FY27 results (April-June 2026)

11 companies have declared Petrochemicals Q1 FY27 results so far, the latest on 14 Aug 2026.

Across the 11 non-financial companies with a year-ago quarter to compare, sales grew +24.8% and net profit +231.2% year on year, and the combined operating margin widened 1007 bps to 17.3%.

73% of companies grew net profit; 88% beat their own profit trend and 12% fell short of it.

Updated 12 Oct 2026, 12:20 IST 11 declared 111 due in the next 3 days →

Petrochemicals Q1 FY27 scoreboard

Sales growth
+24.8%
YoY, 11 companies combined; median +13.9%
Net profit growth
+231.2%
YoY combined; median +189.5%
Operating margin
17.3%
+1007 bps YoY
Grew profit
73%
0 turnarounds, 1 into loss
Vs own profit trend
88% / 12%
above / below, 0% in line
Price since results
-2.9%
median; 50% of 8 stocks up

Latest Petrochemicals Q1 FY27 results 11

Kothari Petrochemicals Limited

KOTHARIPET · Petrochemicals · Q1 FY27 · Standalone · Filed
M Cap
₹697 Cr
P/E
9.7
PEG
0.40
Since results
-16.8%
  • Profit -13% below its own trend
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales -9.0%-4.2% 147153161
Operating profit -5.0%-9.0% 21.924.023.0
OPM % +63 bps-77 bps 14.9%15.7%14.3%
Other income +43.1%+43.1% 2.92.02.0
Net profit -5.4%-5.4% 17.018.018.0
PAT margin % +44 bps-14 bps 11.6%11.8%11.2%
EPS (₹) -3.3%-4.3% 2.893.022.99

Quality of profit

Core 87%Other income & one-offs 13%

Pre-tax profit ₹22.5 Cr: core business ₹19.6 Cr, other income ₹2.9 Cr.

Core profit YoY: -6.7% · reported profit -5.4%

Cash & debt

FY26 cash from operations ₹81.0 Cr: 111% of FY26 net profit of ₹73.0 Cr.

Borrowings ₹2.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹163₹147 -10.4% below
Net profit₹19.7₹17.0 -13.4% below
AI read of the filing Q1 FY27 PAT at Rs 17.02 Cr (down 3.1% YoY); Revenue falls 8.8% YoY to Rs 146.50 Cr Neutral
  • Revenue from operations decreased 8.8% YoY to Rs 14,650.37 lakhs from Rs 16,066.91 lakhs in Q1 FY26
  • Net profit after tax stood at Rs 1,702.47 lakhs, down 3.1% YoY from Rs 1,757.65 lakhs
  • Profit before tax remained resilient at Rs 2,245.53 lakhs compared to Rs 2,283.05 lakhs in Q1 FY26
Full analysis →

Manali Petrochemicals Limited

MANALIPETC · Petrochemicals · Q1 FY27 · Consolidated · Filed
M Cap
₹1,477 Cr
P/E
8.2
PEG
0.69
Since results
+20.1%
  • Profit +124% above its own trend
  • Operating margin expanded 2041 bps YoY
  • Core business grew faster than reported profit (core profit +493%)
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales +17.1%-6.2% 275293235
Operating profit +262.7%+231.2% 82.825.022.8
OPM % +2041 bps+2161 bps 30.1%8.5%9.7%
Other income +71.7%-44.9% 13.825.08.0
Net profit +348.8%+121.9% 64.429.014.3
PAT margin % +1732 bps+1353 bps 23.4%9.9%6.1%
EPS (₹) +350.6%+121.3% 3.741.690.83

Quality of profit

Core 84%Other income & one-offs 16%

Pre-tax profit ₹84.5 Cr: core business ₹70.8 Cr, other income ₹13.8 Cr.

Core profit YoY: +492.6% · reported profit +348.8%

Cash & debt

FY26 cash from operations ₹116 Cr: 90% of FY26 net profit of ₹129 Cr.

Borrowings ₹137 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹274₹275 +0.2% in line
Net profit₹28.7₹64.4 +124.4% above
AI read of the filing Manali Petrochemicals Q1 Revenue up 17% YoY to ₹274.72 Cr; ₹0.50 Dividend Confirmed Positive
  • Q1 FY27 revenue from external customers rose to ₹274.72 Cr from ₹234.67 Cr in the same quarter last year.
  • Recognized a significant exceptional gain of ₹52.16 Cr from the sale of Notedome Limited and Notedome Europe GmbH.
  • Reversed provisions totaling ₹18.53 Cr following favorable rulings in a customs duty case (₹7.70 Cr) and a customer legal claim (₹10.83 Cr).
Full analysis →

Agarwal Industrial Corporation Limited

AGARIND · Petrochemicals · Q1 FY27 · Consolidated · Filed
M Cap
₹561 Cr
P/E
13.6
PEG
—
Since results
-25.4%
  • Profit +59% above its own trend
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales -27.0%+7.0% 433405594
Operating profit -17.4%-6.7% 29.932.036.1
OPM % +80 bps-101 bps 6.9%7.9%6.1%
Other income +62.0%-54.1% 2.86.01.7
Net profit -20.6%-35.3% 10.316.013.0
PAT margin % +19 bps-156 bps 2.4%4.0%2.2%
EPS (₹) -20.6%-34.3% 6.9210.538.71

Quality of profit

Core 80%Other income & one-offs 20%

Pre-tax profit ₹13.6 Cr: core business ₹10.8 Cr, other income ₹2.8 Cr.

Core profit YoY: -27.4% · reported profit -20.6%

Cash & debt

FY26 cash from operations ₹235 Cr: 536% of FY26 net profit of ₹43.8 Cr.

Borrowings ₹341 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹447₹433 -3.0% in line
Net profit₹6.5₹10.3 +58.9% above
AI read of the filing AGARIND Approves Rs 3.30 Dividend; Plans Strategic Diversification into EPC and Toll Management Positive
  • Approved a dividend of Rs 3.30 per equity share on a face value of Rs 10.
  • Proposed diversification into EPC and road projects under BOT, HAM, and PPP models.
  • Set the 32nd Annual General Meeting (AGM) for September 24, 2026.
Full analysis →

Panama Petrochem Limited

PANAMAPET · Petrochemicals · Q1 FY27 · Consolidated · Filed
M Cap
₹3,000 Cr
P/E
6.3
PEG
—
Since results
-8.5%
  • Profit +417% above its own trend
  • Operating margin expanded 1444 bps YoY
  • Core business grew faster than reported profit (core profit +680%)
  • Operating cash flow was negative in FY26 despite a profit
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales +150.3%+110.8% 1,735823693
Operating profit +607.0%+326.2% 38891.054.9
OPM % +1444 bps+1130 bps 22.4%11.1%7.9%
Other income -3.2%+29.3% 3.93.04.0
Net profit +624.8%+335.1% 30971.042.6
PAT margin % +1165 bps+918 bps 17.8%8.6%6.1%
EPS (₹) +625.3%+334.6% 51.0611.757.04

Quality of profit

Core 99%Other income & one-offs 1%

Pre-tax profit ₹383 Cr: core business ₹379 Cr, other income ₹3.9 Cr.

Core profit YoY: +679.7% · reported profit +624.8%

Cash & debt

FY26 cash from operations −₹69.0 Cr: -32% of FY26 net profit of ₹213 Cr.

Borrowings ₹111 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹794₹1,735 +118.6% above
Net profit₹59.8₹309 +416.6% above
AI read of the filing 625% YoY PAT Growth: Panama Petrochem Reports Rs 308.9 Cr Net Profit in Q1 FY27 Positive
  • Consolidated revenue from operations increased 150.3% YoY to Rs 1,735.15 Cr from Rs 693.22 Cr.
  • Consolidated Net Profit jumped 624.8% YoY to Rs 308.91 Cr, surpassing the full-year FY26 PAT of Rs 212.62 Cr.
  • UAE subsidiary (Panol Industries RMC FZE) contributed Rs 487.29 Cr to revenue and Rs 91.39 Cr to PAT.
Full analysis →

Tamilnadu PetroProducts Limited

TNPETRO · Petrochemicals · Q1 FY27 · Consolidated · Filed
M Cap
₹1,066 Cr
P/E
7.5
PEG
—
Since results
+11.4%
  • Profit +14% above its own trend
  • Operating margin expanded 524 bps YoY
  • Core business grew faster than reported profit (core profit +148%)
  • Operating cash flow was negative in FY26 despite a profit
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales +68.5%+526.6% 780124463
Operating profit +154.9%+955.6% 12111.447.3
OPM % +524 bps+628 bps 15.5%9.2%10.2%
Other income -11.7%+86.4% 6.73.67.6
Net profit +127.3%+890.2% 80.18.135.2
PAT margin % +266 bps+377 bps 10.3%6.5%7.6%
EPS (₹) +127.0%+888.9% 8.900.903.92

Quality of profit

Core 94%Other income & one-offs 6%

Pre-tax profit ₹106 Cr: core business ₹99.4 Cr, other income ₹6.7 Cr.

Core profit YoY: +148.2% · reported profit +127.3%

Cash & debt

FY26 cash from operations −₹100 Cr: -103% of FY26 net profit of ₹97.5 Cr.

Borrowings ₹465 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹444₹780 +75.8% above
Net profit₹70.5₹80.1 +13.6% above
AI read of the filing TNPETRO Q1 FY27 Net Profit Jumps 127% YoY to ₹80.11 Cr Post-Expansion Positive
  • Consolidated Revenue increased 68% YoY to ₹777.92 Cr from ₹462.83 Cr in the year-ago period.
  • Consolidated Net Profit grew 127% YoY to ₹80.11 Cr, compared to ₹35.25 Cr in Q1 FY26.
  • Quarterly EPS rose to ₹8.90, nearly matching the full-year FY26 EPS of ₹10.83 in just one quarter.
Full analysis →

Savita Oil Technologies Limited

SOTL · Petrochemicals · Q1 FY27 · Consolidated · Filed
M Cap
₹5,244 Cr
P/E
12.7
PEG
—
Since results
+13.2%
  • Profit +240% above its own trend
  • Operating margin expanded 1854 bps YoY
  • Core business grew faster than reported profit (core profit +641%)
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales +49.6%+20.9% 1,4801,224989
Operating profit +508.4%+459.5% 36465.059.8
OPM % +1854 bps+1927 bps 24.6%5.3%6.0%
Other income +34.2%+113.4% 32.915.424.5
Net profit +414.8%+508.4% 28847.356.0
PAT margin % +1381 bps+1560 bps 19.5%3.9%5.7%
EPS (₹) +414.8%+508.0% 42.016.918.16

Quality of profit

Core 92%Other income & one-offs 8%

Pre-tax profit ₹387 Cr: core business ₹354 Cr, other income ₹32.9 Cr.

Core profit YoY: +640.5% · reported profit +414.8%

Against its own trend ?

TrendActualGap
Sales₹1,148₹1,480 +28.9% above
Net profit₹84.6₹288 +240.4% above
AI read of the filing SOTL Q1 FY27 Net Profit Surges 395% YoY to ₹292 Cr; Siddharth Mehra Appointed Joint MD Positive
  • Net Profit for Q1 FY27 reached ₹292.25 Cr, a 395.6% increase over the ₹58.97 Cr reported in Q1 FY26.
  • Revenue from operations grew 49.6% YoY to ₹1,479.76 Cr from ₹989.12 Cr.
  • Petroleum Products segment results surged over 6x to ₹373.37 Cr compared to ₹60.15 Cr in the year-ago period.
Full analysis →

Styrenix Performance Materials Limited

STYRENIX · Petrochemicals · Q1 FY27 · Consolidated · Filed
M Cap
₹3,518 Cr
P/E
12.9
PEG
—
Since results
-19.5%
  • Profit +256% above its own trend
  • Operating margin expanded 1162 bps YoY
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales +7.1%+22.4% 1,011826944
Operating profit +129.4%+89.9% 22011696.0
OPM % +1162 bps+775 bps 21.8%14.0%10.2%
Other income +11.0%-72.2% 3.312.03.0
Net profit +166.0%+89.5% 13873.052.0
PAT margin % +817 bps+484 bps 13.7%8.8%5.5%
EPS (₹) +166.4%+88.2% 78.6441.7829.52

Quality of profit

Core 98%Other income & one-offs 2%

Pre-tax profit ₹189 Cr: core business ₹185 Cr, other income ₹3.3 Cr.

Core profit YoY: +180.8% · reported profit +166.0%

Cash & debt

FY26 cash from operations ₹183 Cr: 98% of FY26 net profit of ₹186 Cr.

Borrowings ₹326 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹1,171₹1,011 -13.7% below
Net profit₹38.9₹138 +255.9% above
AI read of the filing Rs 23 Interim Dividend Declared as Styrenix Standalone PAT Surges 150% YoY in Q1 FY27 Positive
  • Standalone PAT increased 150.2% YoY to Rs 137.32 cr from Rs 54.87 cr in the same quarter last year.
  • Interim dividend of Rs 23 per equity share declared for FY 2026-27.
  • Standalone revenue from operations grew 6.5% YoY to Rs 768.04 cr.
Full analysis →

Supreme Petrochem Limited

SPLPETRO · Petrochemicals · Q1 FY27 · Consolidated · Filed
M Cap
₹14,828 Cr
P/E
30.5
PEG
—
Since results
+2.7%
  • Operating margin expanded 1109 bps YoY
  • Core business grew faster than reported profit (core profit +217%)
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales +22.3%+6.8% 1,7151,6061,402
Operating profit +185.6%+30.4% 332255116
OPM % +1109 bps+351 bps 19.4%15.9%8.3%
Other income +14.3%+117.7% 17.48.015.2
Net profit +189.5%+40.6% 23816982.1
PAT margin % +800 bps+333 bps 13.9%10.5%5.9%
EPS (₹) +190.1%+40.8% 12.628.964.35

Quality of profit

Core 94%Other income & one-offs 6%

Pre-tax profit ₹318 Cr: core business ₹301 Cr, other income ₹17.4 Cr.

Core profit YoY: +217.3% · reported profit +189.5%

Cash & debt

FY26 cash from operations ₹247 Cr: 75% of FY26 net profit of ₹331 Cr.

Borrowings ₹133 Cr at Mar 2026.

AI read of the filing Supreme Petrochem Q1 PAT Jumps 189% to ₹237.6 Cr; Announces ₹325 Cr Capacity Expansion Positive
  • Consolidated Net Profit surged to ₹237.57 Cr in Q1 FY27 from ₹82.05 Cr in Q1 FY26.
  • Revenue from operations increased 22.3% YoY to ₹1,714.51 Cr compared to ₹1,401.91 Cr.
  • Approved a new ₹325 Cr investment for 80,000 TPA Polystyrene capacity addition.
Full analysis →

SWAN CORP LIMITED

SWANCORP · Petrochemicals · Q1 FY27 · Consolidated
M Cap
₹8,197 Cr
P/E
—
PEG
—
  • Into loss: a profit a year ago
  • Operating margin contracted 262 bps YoY
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales -16.4%+16.6% 1,0148701,213
Operating profit to lossloss narrowed -4.0-26127.0
OPM % -262 bps+2961 bps -0.4%-30.0%2.2%
Other income -42.4%-94.7% 34.063959.0
Net profit to lossto loss -36.025127.0
PAT margin % -578 bps-3240 bps -3.6%28.9%2.2%
EPS (₹) to lossto loss -1.008.570.61

Quality of profit

Pre-tax profit −₹35.0 Cr: core business −₹69.0 Cr, other income ₹34.0 Cr.

Core profit YoY: loss widened

Against its own trend ?

TrendActualGap
Sales₹1,261₹1,014 -19.6% below

DCW Limited

DCW · Petrochemicals · Q1 FY27 · Standalone
M Cap
₹1,304 Cr
P/E
18.1
PEG
—
  • Profit +102% above its own trend
  • Operating margin contracted 470 bps YoY
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales +13.9%-11.0% 542609476
Operating profit -33.3%-44.6% 36.065.054.0
OPM % -470 bps-403 bps 6.6%10.7%11.3%
Other income +50.0%+0.0% 6.06.04.0
Net profit +218.2%+94.4% 35.018.011.0
PAT margin % +415 bps+350 bps 6.5%3.0%2.3%
EPS (₹) +200.0%+91.8% 1.170.610.39

Quality of profit

Pre-tax profit ₹0.0 Cr: core business −₹5.0 Cr, other income ₹6.0 Cr, exceptional & other items −₹1.0 Cr.

Core profit YoY: to loss · reported profit +218.2%

Cash & debt

FY26 cash from operations ₹278 Cr: 579% of FY26 net profit of ₹48.0 Cr.

Borrowings ₹290 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹523₹542 +3.5% in line
Net profit₹17.3₹35.0 +102.5% above

Goa Carbon Limited

GOACARBON · Petrochemicals · Q1 FY27 · Standalone
M Cap
₹368 Cr
P/E
—
PEG
—
  • Operating margin contracted 279 bps YoY
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales -67.0%-67.3% 65.7201199
Operating profit loss narrowedto loss -4.49.4-7.8
OPM % -279 bps-1137 bps -6.7%4.7%-3.9%
Other income +152.9%+191.9% 4.31.51.7
Net profit loss narrowedto loss -6.64.5-8.0
PAT margin % -603 bps-1225 bps -10.0%2.2%-4.0%
EPS (₹) loss narrowedto loss -7.194.91-8.69

Quality of profit

Pre-tax profit −₹6.6 Cr: core business −₹10.9 Cr, other income ₹4.3 Cr.

Core profit YoY: loss narrowed

Cash & debt

FY26 cash from operations ₹78.0 Cr.

Borrowings ₹167 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹301₹65.7 -78.1% below

Standouts so far

Biggest profit growth

  1. Panama Petrochem+624.8%
  2. Savita Oil+414.8%
  3. Manali Petrochemicals+348.8%
  4. DCW+218.2%
  5. Supreme Petrochem+189.5%

Biggest profit declines

  1. Tamilnadu PetroProducts+127.3%
  2. Styrenix Performance+166.0%
  3. Supreme Petrochem+189.5%
  4. DCW+218.2%
  5. Manali Petrochemicals+348.8%

Among companies with a market cap of ₹1,000 Cr or more, so a tiny base does not top the list. Price reaction: last close against the close before the filing.

Reporting in the next three days

HCL Technologies (Mon 12 Oct), ICICI Prudential (Mon 12 Oct), RBL Bank (Mon 12 Oct), Swan Defence (Mon 12 Oct), Gujarat State (Mon 12 Oct), Swaraj Engines (Mon 12 Oct), Plastiblends India (Mon 12 Oct), UMIYA BUILDCON (Mon 12 Oct), Alkali Metals (Mon 12 Oct), Gradiente Infotainment (Mon 12 Oct), Agri-Tech (India) (Mon 12 Oct), Abhishek Integrations (Mon 12 Oct), Rudra Ecovation (Mon 12 Oct), Newtrac Foods (Mon 12 Oct), Inani Securities (Mon 12 Oct), Neil Industries (Mon 12 Oct), Adroit Industries (Mon 12 Oct), TYPHOON (Mon 12 Oct), UNIVARTS (Mon 12 Oct), VERONICAPRO (Mon 12 Oct), ICICI Prudential (Tue 13 Oct), Tata Elxsi (Tue 13 Oct), Transformers And Rectifiers (Tue 13 Oct), Anand Rathi (Tue 13 Oct) and 87 more. Full results calendar →

How to read this page

The numbers. Each card is one company's Q1 FY27 results as filed with NSE or BSE, read from the filing within hours of its release, in ₹ crore. We show the consolidated statement, or the standalone one when the consolidated figures are a copy of it or have no year-ago quarter to compare with. YoY compares with the same quarter a year earlier and QoQ with the quarter before (the previous half-year for companies that report every six months). A swing between profit and loss is described in words: a percentage across it would mislead.

Margins. Operating margin (OPM) is operating profit, before depreciation, interest and other income, as a share of sales; PAT margin is net profit as a share of sales. Their changes are in basis points (100 bps = 1 percentage point).

Quality of profit. Core profit is operating profit minus interest and depreciation: what the business itself earned before tax. The rest of pre-tax profit is other income (interest on cash, dividends, gains on investments) and exceptional or one-off items. We flag a quarter when that share is 25% or more, and when reported profit grew much faster than core profit. For banks we compare pre-provision profit with net profit, since a fall in provisions can lift profit without the business growing.

Against its own trend. We do not have analyst consensus estimates, and we do not make them up. Instead each company is measured against the path it was on: the same quarter last year, grown at the median of its last four year-on-year growth rates (held between −50% and +100%; at least two growth rates needed). Sales 5% or more above that, or net profit 10% or more above, is "above trend"; as far below is "below trend". It answers "was this quarter better or worse than the company's own recent run?", which consensus does not.

Cash and debt. Profit is an accounting figure; cash is harder to dress up. For each company we show its operating cash flow for the last financial year as a share of that year's net profit (flagged under 50%, or when it is negative despite a profit), and its borrowings at the latest balance sheet against the one six months earlier (flagged at a 25% move). Balance sheets come with the September and March results, cash-flow statements with the March results.

Price since results. The latest close against the last close before the filing (a filing after 3:30 pm counts from the next session). It is a fact about the market's reaction, not advice.

Market cap groups. Large cap is the 100 largest companies by market value and mid cap the next 150 (SEBI's ranking); below that, small cap is ₹5,000 Cr or more, micro cap ₹500 Cr or more, nano cap below.

⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI