Pasupati Acrylon Reports Q2 EBITDA Of ₹45.5 Cr Vs ₹27.1 Cr YoY

Market snapshot: Pasupati Acrylon reported strong operational growth for Q2, driven by higher operating profits and significant margin expansion YoY. EBITDA increased to ₹45.5 crore, while EBITDA margin improved by 690 basis points.

Data Snapshot

• Q2 EBITDA rose to ₹45.5 crore compared to ₹27.1 crore in the prior-year period.
• Q2 EBITDA margin expanded to 16.6% from 9.7% YoY.

What's Changed

• Q2 EBITDA increased by ≈67.9% YoY (derived: ₹45.5 cr vs ₹27.1 cr).
• Operating EBITDA margin expanded by 690 bps YoY to 16.6%.

Key Takeaways

• Operational performance delivered strong YoY growth with EBITDA up 67.9%.
• EBITDA margins expanded by 6.9 percentage points YoY, highlighting improved operational efficiency.
• The results reflect sustained strength in core manufacturing operations.

SAHI Perspective

The substantial increase in EBITDA alongside a 690 basis point margin expansion indicates effective input cost management and enhanced operating leverage. This financial performance reinforces stability in core petrochemical operations.

Market Implications

Stronger operational margins improve earnings quality and cash flow generation, potentially providing positive sentiment for the stock in near-term trading.

Trading Signals

Market Bias: Bullish

Strong operational execution is underlined by a 67.9% YoY increase in Q2 EBITDA to ₹45.5 crore and a 690 bps expansion in EBITDA margin to 16.6%.

Overweight: Petrochemicals, Synthetic Fibres, Chemicals

Trigger Factors:

• Sustainability of 16.6% operating margins in upcoming quarters
• Ramp-up of expanded manufacturing capacity in ethanol production
• Fluctuations in raw material prices for acrylonitrile inputs

Time Horizon: Near-term (0-3 months)

Industry Context

The petrochemical and synthetic fiber industry performance is heavily influenced by raw material price stability and domestic demand trends across textile and industrial applications.

Key Risks to Watch

• Raw material input price volatility
• Shift in cyclical demand within synthetic fiber markets

Recent Developments

Pasupati Acrylon received approval from the Excise Department, UP in October 2026 for the enhancement of manufacturing capacity at its Ethanol Plant.

Closing Insight

With significant margin expansion and operational growth in Q2, Pasupati Acrylon demonstrates solid execution capability across its manufacturing lines.

High Performance Trading with SAHI.