GHCL Q1 FY27 Guidance vs Delivery (GHCL Management Mirror)

Revenue Hits Rs 774 Crore in Jun'26 Qtr; FY27 Capex Guided at Rs 100-150 Crore Amid Subdued Global Pricing

Management reported Dec'25 Qtr revenue of Rs. 773 crores, and for the full year FY26, GHCL reported revenues of INR 3,144 crores. In the Jun'26 Qtr results, revenue was reported at INR 774 Crore, down from INR 798 crore as initially noted in the Q1'27 concall summary. The company continues to navigate weak pricing in the global soda ash market due to supply outstripping demand, compounded by geopolitical factors and slow recovery in China. Despite these headwinds, operational efficiencies and better price realisations resulted in improved margins. The FY27 capex is planned at roughly Rs 100 crore to Rs 150 crore, primarily directed toward completing the vacuum salt and bromine projects and regular maintenance.