GHCL Announces Q2 And H1 FY26 Results; Approves Rs 300 Crore Share Buyback
GHCL Limited, one of India’s leading chemical manufacturers, announced its financial results for the second quarter and half year ended September 30, 2025, along with a Rs 300 crore share buyback aimed at enhancing shareholder value.
During Q2 FY26, the company reported standalone revenue of Rs 0739 crore, down 9% from Rs 810 crore in the same quarter last year, while EBITDA declined 23% year-on-year to Rs 175 crore. Net profit for the quarter stood at Rs 107 crore, compared to Rs 155 crore in Q2 FY25. For H1 FY26, revenue decreased 6% to Rs 1,562 crore, EBITDA dropped 14% to Rs 399 crore and net profit declined 17% to Rs 252 crore.
Commenting on the performance, R. S. Jalan, Managing Director, GHCL Limited, said that despite a challenging external environment, including global geopolitical instability and increased low-cost imports, the company delivered resilient results supported by robust domestic demand and disciplined cost management. “Our focused cost optimisation continues to protect margins in a difficult pricing environment. We are actively managing what is within our control while preparing for future growth,” he said.
He added that GHCL’s ongoing diversification into bromine and vacuum salt is expected to contribute to performance starting this financial year, with applications linked to solar glass demand likely to accelerate next year. He noted that the proposed Anti-Dumping Duty (ADD) on soda ash, if implemented, would help restore competitive balance against import-driven price pressures.
As part of its capital allocation strategy, the company approved a Rs 300 crore share buyback through the tender offer route, aimed at distributing surplus cash and improving earnings and return ratios. “The buyback reinforces our commitment to value creation while we continue to strengthen market leadership and invest in long-term growth,” Jalan said.
