Lords Chloro Alkali in FY26: Margin recovery powered by renewables and scale

FY26 total income was Rs. 393.10 crore, EBITDA was Rs. 66.38 crore (16.89% margin), and profit after tax was Rs. 28.49 crore.

Q4 FY26 total income was Rs. 97.75 crore versus Rs. 79.91 crore in Q4 FY25, EBITDA was Rs. 13.72 crore versus Rs. 10.08 crore, and PAT was Rs. 4.39 crore versus Rs. 2.60 crore.

Installed capacity is stated as 300 TPD currently. The company indicates an addition of 100 TPD, with post-expansion installed capacity stated as 360 TPD after decommissioning a 40 TPD UPHEP plant.

CPW capacity is stated at 50 TPD currently, with expansion to 100 TPD by FY27 (also stated as FY27 end).

The presentation states power and fuel are the largest cost component and about 42% of production costs in FY26. Renewables are positioned to lower energy cost, stabilize margins, and improve competitiveness.

A 16 MW solar plant at Bikaner is operational, a 10 MW wind-solar hybrid group captive project is established, and an additional 21 MW solar plant is planned to be operational by June 2026 (also referenced as around Q1 FY27).

Shareholders’ funds were Rs. 242.52 crore and total equity and liabilities were Rs. 478.70 crore as of 31 March 2026. Long-term borrowings were Rs. 96.37 crore and short-term borrowings were Rs. 65.58 crore.