Basic Materials
Lords Chloro Alkali Limited (lordschlo) Q4 & FY26: Strong FY26 Performance Driven by Volume Growth and Improved Operating Leverage
Lords Chloro Alkali Limited (LORDSCHLO) reports strong FY26 performance with 44.62% YoY income growth, driven by volume growth and improved operating leverage.
Lords Chloro Alkali Limited (NSE: LORDSCHLO) has announced its audited financial results for the quarter and full year ended March 31st, 2026, showcasing a robust performance driven by volume growth and improved operating leverage. Total income for FY26 grew by 44.62% on a YoY basis, reaching Rs. 393.10 crore. The company’s EBITDA stands at Rs. 66.38 crore, with a margin of 16.89%. FY26 profit after tax surged by 360.90% to Rs. 28.49 crore.
Key Financial Highlights
The company’s performance was supported by healthy volume growth across key product offerings, particularly in Chlorinated Paraffin Wax and Caustic Soda Lye. The EBITDA for FY26 is Rs. 66.38 crore, a significant increase from Rs. 25.60 crore in FY25. This growth was driven by higher operating leverage, improved capacity utilization, better fixed-cost absorption, and enhanced operational efficiencies.
Management Commentary
Mr. Madhav Dhir, Executive Director of Lords Chloro Alkali Limited, commented on the strong performance: ‘FY26 marks an important year for us as we continued to strengthen both our operational foundation and financial performance. The strong growth in revenue and profitability reflects the benefits of higher production and improved capacity utilization, improved product mix, and disciplined execution across our operations.’ The successful commissioning of renewable energy initiatives, including a 21MW solar plant in Bikaner, is expected to further support energy optimization and improve long-term competitiveness.
As we move into FY27, we remain optimistic about the demand environment and superior realization in caustic soda lye and are focused on strengthening our market position through operational excellence, efficient capital allocation, and enhanced sustainability initiatives.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Lords Chloro Alkali Limited
Lords Chloro Alkali Limited belongs to the Basic Materials › Chemicals sector. Here’s a quick read on where the business and the stock stand today.
Lords posts a 10.7% three-month gain, but softens in the last few weeks. Thin margins at 7.2% leave limited room for error — any demand softness or cost spike hits the bottom line hard. Revenue contracts at 4.0% CAGR. That signals structural headwinds, not a short-term blip. The stock gives back 4.2% in the last month despite a positive three-month run. As a result, the earlier momentum appears to be fading. Revenue grows at 4.0% CAGR and the PEG stands at 99.00. The growth does not match the price the market asks. Furthermore, flat price action adds no technical catalyst. A lower price or faster revenue growth would improve the odds. Check Fundamentals of Lords Chloro Alkali Limited.
Basic Materials
Raghav Productivity Enhancers Limited (rpel) Delivers Record H1 FY27; PAT Up 64%, Capacity Expansion on Track
RPEL reports a 64% increase in PAT for H1 FY27 and confirms capacity expansion on track. Read more about their financial highlights and business growth.
Raghav Productivity Enhancers Limited (RPEL) has announced its record-breaking results for the half year ended 30 September 2026. The company reported a 64% increase in profit after tax (PAT) for H1 FY27, driven by robust revenue growth and higher contribution from value-added products.
Financial Highlights
RPEL delivered another quarter of highest-ever volume, revenue, EBITDA, and PAT. The company’s H1 EBITDA and PAT grew by 55% and 61% respectively, well ahead of revenue growth. The annualized return on capital employed (ROCE) and return on equity (ROE) for H1 FY27 were 39% and 29%, respectively.
Capacity Expansion On Track
The brownfield expansion is on track, with new capacity expected to be operational in Q3 FY27. This will increase the company’s capacity from 4,14,000 MTPA to 5,34,000 MTPA. The scalable expansion model, including the TRLK joint venture in East India, supports the company’s 1 Mn MTPA capacity target.
Management’s Perspective
Management highlights strong business momentum, with existing customers scaling up and new customers converting post-trials. The company’s latest R&D innovation, Tundish FerroShield, is witnessing increasing adoption, enabling it to expand its wallet share of customers’ refractory spend. The draft National Steel Policy and the shift towards green steel are providing favourable policy tailwinds and structural demand opportunities.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Raghav Productivity Enhancers Limited
Raghav Productivity Enhancers Limited belongs to the Basic Materials › Chemicals sector. Here’s a quick read on where the business and the stock stand today.
Raghav gains 33.2% over three months and trades near its 52-week highs. The PEG stands at 4.34 — severely stretched. Any earnings miss could trigger a sharp de-rating. Margins at 22.0% are impressive but need to be sustained — any compression would be a red flag. The stock trades at 86% of its 52-week range — near its best levels of the year. Clearly, the market pays a premium for this name. The stock rises 33.2% in three months on 23.5% revenue growth. As a result, the market gives it more credit than the fundamentals strictly justify. Watch the next quarterly results. If growth accelerates, the move makes sense. If not, expect some gains to unwind. Check Fundamentals of Raghav Productivity Enhancers Limited.
ATUL
Atul Limited Clarifies on Treated Effluent Discharge from Atul Site
Atul Limited (ATUL) clarifies incorrect info on effluent discharge into Par river; company reaffirms commitment to environmental compliance.
Atul Limited (ATUL) has issued a clarification regarding incorrect information and videos circulating about the discharge of effluent from its site into the Par river. The company uses a 4-km long pipeline within the estuary to discharge treated effluent, which complies with Gujarat Pollution Control Board standards. During the period, accidental damage in the existing pipeline resulted in a short-term release of treated effluent. The company immediately isolated the affected section and suspended discharge as a precaution. Repairs are underway, and the company does not expect any material impact from this incident. Atul Limited reaffirms its commitment to environmental protection and compliance with all applicable laws.
Pipeline Damage and Immediate Actions
The existing pipeline experienced accidental damage approximately 1 km from the effluent treatment plant. This resulted in the inadvertent release of treated effluent into the estuarine zone until the damage was detected. The treated effluent released complied with the prescribed standards of the Gujarat Pollution Control Board. Upon detection, the company isolated the affected section and suspended effluent discharge through it as a precautionary measure.
Environmental Compliance and Future Steps
The company has obtained necessary approvals for the installation of a new pipeline to mitigate potential environmental risks. A competent agency has been engaged to undertake the required repairs. Discharge through the affected pipeline will remain suspended until repairs are completed and the pipeline is inspected and confirmed fit for safe operation. Atul Limited does not anticipate any material impact from this incident and reaffirms its commitment to environmental protection and compliance with all applicable environmental laws, rules, and regulatory requirements.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Atul Limited
Atul Limited belongs to the Basic Materials › Specialty Chemicals sector. Here’s a quick read on where the business and the stock stand today.
Atul moves sideways over three months, with neither buyers nor sellers taking control. The PEG of 2.36 makes it expensive versus peers. The premium needs earnings to catch up quickly. Revenue grows at 4.9% CAGR. The company generates cash but does not compound aggressively. The stock holds at 39% of its 52-week range with RSI at 55. In other words, neither side has a clear edge right now. Revenue grows at 4.9% and the stock moves sideways over three months. Neither side makes a strong case. The next earnings print will likely break this stock out of its current range. Check Fundamentals of Atul Limited.
Basic Materials
Mangalam Worldwide Limited (MWL) Q2 FY27: PAT Rises 31% Yoy to ₹13.82 Crores
Mangalam Worldwide Limited (MWL) reports a 31% YoY increase in PAT to ₹13.82 crores for Q2 FY27, with strong export growth and new Belgium subsidiary.
Mangalam Worldwide Limited (MWL), a leading fully integrated stainless steel manufacturer, announced its financial results for the quarter ended September 30, 2026. The company’s Profit After Tax (PAT) rose 30.90% year-on-year to ₹13.82 crores, up from ₹10.55 crores in the same quarter last year. Total income for Q2 FY27 stood at ₹361 crores, marking a 13.4% YoY growth compared with ₹319 crores in Q2 FY26.
Key Financial Highlights
Export revenue surged significantly, with export revenue reaching ₹63.86 crore, a remarkable 355% YoY increase from ₹14.04 crore in Q2 FY26. The company’s Adjusted EBITDA also saw a substantial rise, climbing to ₹40.17 crore, up 81% YoY from ₹22 crores in Q2 FY26.
Strategic Expansion
In a strategic move to strengthen its international presence, Mangalam Worldwide Limited incorporated its wholly owned subsidiary, MWL Europe BV, in Belgium. This move is part of the company’s efforts to enhance operational efficiencies and explore new business opportunities in the European market.
Mr. Chandragupt Prakash Mangal, Managing Director of Mangalam Worldwide Limited, emphasized the company’s commitment to operational efficiency and business growth. He highlighted the importance of the new subsidiary in Belgium as a key milestone in their global expansion journey.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Mangalam Worldwide Limited
Mangalam Worldwide Limited belongs to the Basic Materials › Steel sector. Here’s a quick read on where the business and the stock stand today.
Mangalam posts a 9.2% three-month gain, but softens in the last few weeks. The PEG of 0.54 signals undervaluation relative to growth. It is a potential re-rating candidate. Razor-thin margins below 5% make profitability extremely vulnerable — this business needs scale or pricing power urgently. The stock gives back 1.1% in the last month despite a positive three-month run. As a result, the earlier momentum appears to be fading. Both the business and the stock move in the right direction. Revenue grows at 23.3%, profits at 42.8%, and the PEG sits at 0.54 — below its growth rate. That combination is rare. Check Fundamentals of Mangalam Worldwide Limited.
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