Southern Petrochemicals Industries Corporation's Q4 FY 2025-26 Quarterly Results

Result Summary

• Southern Petrochemicals Industries Corporation Ltd reported a 23.5% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Mar (Q4 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a decline of 21.6%.
• Its expenses for the quarter were down by 21.3% QoQ and 25.0% YoY.
• The net profit decreased 45.5% QoQ and increased 51.5% YoY.
• The earnings per share (EPS) of Southern Petrochemicals Industries Corporation Ltd stood at 1.45 during Q4 FY 2025-26.

Financial Statments for Q4 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Southern Petrochemicals Industries Corporation Ltd (SPIC) is a prominent player in the chemical industry, primarily engaged in the production of fertilizers and industrial chemicals. The company is known for its integrated operations in the manufacture of urea and other nitrogenous fertilizers, which are vital for agricultural productivity in India. SPIC has a strong presence in the domestic market and is also involved in the export of its products. As of the latest available data, there have been no major new developments reported. However, the company continues to focus on optimizing its production processes and expanding its market reach.

Revenue

For the fourth quarter of the fiscal year 2026 (Q4FY26), Southern Petrochemicals Industries Corporation Ltd reported a total income of ₹595.73 crores. This represents a quarter-over-quarter (QoQ) decline of 23.5% from ₹778.39 crores in Q3FY26 and a year-over-year (YoY) decrease of 21.6% from ₹759.44 crores in Q4FY25. The substantial decrease in revenue both QoQ and YoY highlights a contraction in the company's top-line performance during this period. This decline could be attributed to various market dynamics or operational challenges faced by the company.

Profitability

In terms of profitability, SPIC posted a Profit Before Tax (PBT) of ₹41.82 crores for Q4FY26, with a significant QoQ decline of 43.7% from ₹74.33 crores in the previous quarter. However, on a YoY basis, there was a notable increase of 102.6% from ₹20.64 crores in Q4FY25. Profit After Tax (PAT) for the same quarter stood at ₹29.49 crores, down 45.5% QoQ from ₹54.07 crores in Q3FY26, but up 51.5% YoY from ₹19.47 crores in Q4FY25. The Earnings Per Share (EPS) also followed a similar trend, showing a QoQ decrease and a YoY increase. The fluctuations in profitability metrics reflect the company's ability to manage costs and improve operational efficiencies despite varying revenue levels.

Operating Metrics

Total expenses for SPIC in Q4FY26 were ₹553.91 crores, marking a decrease of 21.3% QoQ from ₹704.06 crores in Q3FY26 and a 25.0% reduction YoY from ₹738.80 crores in Q4FY25. This reduction in expenses aligns with the decline in total income, suggesting a concerted effort to control costs amidst lower revenue. The tax expense for Q4FY26 was ₹16.49 crores, down 40.7% QoQ from ₹27.83 crores in Q3FY26, yet up 58.0% YoY from ₹10.44 crores in Q4FY25. These variations in operating metrics indicate adjustments in the company's cost structure and tax management strategies. The significant YoY increase in PBT despite reduced revenue suggests effective cost containment efforts during the fiscal year.