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AlphaStreet Analysis

Chemplast Sanmar Limited Shares Rise as Latest Quarterly Figures Show Wider Loss

Chemplast Sanmar Limited (NSE: CHEMPLASTS) shares rose on Monday, closing at around ₹262, up about 2.3% from the prior session’s close, as investors reacted to the company’s latest quarterly results and operational updates. The stock traded on both the National Stock Exchange and the BSE during the session.

At the close, Chemplast Sanmar’s stock price reflected an intraday increase from the previous session’s finish, marking an uptick in a stock that has traded below its 52-week highs.

Market Capitalization

Chemplast Sanmar’s market capitalization was near ₹4,050 crore following the latest trading session, reflecting its equity valuation across public markets.

Latest Quarterly Results

For the third quarter of fiscal 2025-26 (ended December 31, 2025), on a consolidated basis, Chemplast Sanmar reported revenue from operations of ₹835 crore, down from ₹1,058 crore in the year-ago quarter. The consolidated net loss widened to approximately ₹119 crore from a net loss of about ₹49 crore in the same quarter last year. Both revenue and profit figures are on a consolidated basis.

Business & Operations Update

Chemplast Sanmar operates predominantly in the commodity and speciality chemicals segment with a product portfolio that includes Suspension and Paste PVC resins, custom manufactured chemicals, and value-added chemicals such as caustic soda, chloromethanes and hydrogen peroxide. The company’s operations span several manufacturing facilities in Tamil Nadu and Puducherry, with a significant share of its capacity dedicated to PVC products.

In its Q3 FY ’26 investor presentation, the company highlighted ongoing challenges in key product segments. Suspension PVC faced a difficult operating environment during the quarter, impacted by lower import prices and weather-related disruptions. Addition of anti-dumping duties on imports was progressing, and changes in export rebate policies in China were noted as factors that could affect competitive dynamics. Paste PVC prices remained under pressure, while domestic demand was stable.

Performance in the Custom Manufactured Chemicals Division was affected by a slowdown in the agrochemical sector, though the company continued new product development and capacity expansion projects. In the value-added chemicals segment, global pricing pressure on caustic soda and reduced hydrogen peroxide volumes were noted as headwinds. The investor presentation also outlined ongoing and planned capacity expansions, including multi-purpose block developments and refrigerant gas project expansions, with expected commissioning of new facilities.

Equity Analyst Commentary

Institutional research coverage has noted the contraction in quarterly revenues and the widening of losses in the latest period, in the context of macroeconomic and sector-specific headwinds. Recent quarterly results drew commentary from analysts tracking the chemicals sector, citing margin pressures in the PVC business and slower demand in certain chemical segments. Analysts referenced ongoing capacity additions and regulatory developments as factors in evolving operational performance, without issuing stock-specific ratings or price targets.

Performance Summary

Chemplast Sanmar’s shares closed higher on Monday, reversing a portion of recent declines. The third quarter of fiscal 2025-26 showed consolidated revenue of ₹835 crore and a net loss of ₹119 crore, compared with revenue of ₹1,058 crore and a net loss of ₹49 crore a year earlier. Segment commentary pointed to continued pressure in PVC pricing and global chemical markets, alongside ongoing capacity expansion efforts in key product lines. The stock’s intraday rise came as investors processed the latest results and operational outlook. Chemplast Sanmar continues to report quarterly losses amid challenging market conditions and maintains focus on execution of strategic initiatives across its product portfolio.