Q3 2026 Ganesh Benzoplast Ltd Earnings Call Transcript
Key Points
- Ganesh Benzoplast Ltd (BOM:500153) reported an 18% year-on-year increase in total revenue for Q3 FY26, reaching INR1,053 million.
- The company's chemical business turnover increased by 11% year-on-year for the nine months ended FY26.
- The company has reclaimed 4.5 hectares of land at JNPT, which will be used for future expansion projects.
- Ganesh Benzoplast Ltd received a significant order worth INR51.33 crore from Reliance Industries for a carbon fiber project.
- The company plans to start dividend payouts from the first quarter of FY27, indicating a commitment to returning value to shareholders.
- Profit after tax for Q3 FY26 decreased to INR162 million from INR184 million in the previous year, despite revenue growth.
- There was a substantial increase in lease rental provisions for the JNPT terminal, impacting profitability.
- Gross margins have declined due to increased lease rental expenses, affecting overall financial performance.
- The company's expansion plans, including the construction of new storage facilities, have long gestation periods, delaying potential revenue benefits.
- The company faces challenges in securing long-term contracts for high-value projects, such as ammonia or cryogenic storage, which could impact future growth opportunities.
Ladies and gentlemen, good day, and welcome to Ganesh Benzoplast Limited Q3 and FY26 earnings conference call. (Operator Instructions) Please note that this conference is being recorded.
I now hand the conference over to Mr. Rishi Pilani, Chairman and Managing Director at Ganesh Benzoplast Limited. Thank you, and over to you, sir.
Good afternoon, everybody. Thank you so much for joining us for the Q3 FY26 conference call. We will initiate the call by taking you through the business highlights for the period under review, after which we will open the forum for question and answers.
I hand over the call to Mr. Amar Kabra, the GM, Finance and Taxation, to share the quarter numbers with you.
Yeah. Hi, and good afternoon, everyone. So I will share the brief about the numbers of this quarter.
On a consol basis, during the quarter Q3
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