- Chemcon Speciality Chemicals reported healthy Q2 and H1FY27 performance, led by stronger organic chemical demand, while weak oil-drilling activity affected bromide volumes. Its diversified portfolio, upcoming capacity and 65% FY26 dividend support its outlook. Attractive versus its 52-week high of Rs.257 and all-time high of Rs.731.
- IOL Chemicals & Pharmaceuticals reported 39% H1FY27 revenue growth to Rs.1,052 cr. and doubled PAT to Rs.130 cr., with EBITDA margin improving to 14.5%. Non-Ibuprofen revenue grew 70%, while Rs.500 cr. of new projects are targeted for FY27 commissioning. Management expects over 25% revenue growth and 14–15% EBITDA margins in FY27.
- Indo Rama Synthetics (India) approved Rs.200 cr. capex to expand specialty filament and fibre capacity at Butibori, with operations expected in 12–18 months. Funding will be through term loans and internal accruals. Attractive versus its 52-week high of Rs.112.
- Nahar Polyfilms with Rs.945 cr. reserves, saw promoter holding rise to 72.93%. FY26 PAT grew 66% to Rs.78.84 cr. and dividend rose to 30%. H1FY27 PAT stood at Rs.34.08 cr., with EPS of Rs.18.12 potentially taking FY27 EPS to Rs.38–40. At 7x P/E, valuations look attractive.
- Vinyl Chemicals (India) with Rs.134 cr. reserves. Q2FY27 PAT surged 296% to Rs.11.41 cr. and H1 PAT stood at Rs.18.03 cr. H1 EPS of Rs.9.83 could take FY27 EPS above Rs.21. After paying a 700% FY26 dividend, it trades at 11x forward earnings.
- Haldyn Glass commenced manufacturing coloured glass beer bottles, expanding its portfolio across liquor, food and beverages, pharmaceuticals, soft drinks and toiletries. The fast-growing segment offers diversification potential, supported by a Rs.150 cr. capex. The stock looks attractive versus its lifetime high of Rs.189.
