HSCL Q2 FY27 Guidance vs Delivery (HSCL Management Mirror)

5,300 MT Anthraquinone and Carbazole Capacity Accelerated to Q4 FY27 From Two-Phase Rollout Guided in Jun'26 Qtr

In the Sep'26 Qtr concall, management updated the commissioning schedule for the 5,300 MT Anthraquinone and Carbazole forward integration project. The timeline is now accelerated to commission fully in a single phase in Q4 FY27 (by Mar'27), revising the earlier guidance from Jun'26 Qtr that planned a two-phase rollout with 2,600 MT in Q2 FY27 and 2,700 MT in Q2 FY28. For future periods, management stated this accelerated single-phase approach avoids a 3-month shutdown required under a staggered rollout, which will provide 9 months of full operational contribution in FY28.