29 Sep 2025 | 3 Mins Read
Anand Rathi recommends purchasing Sudarshan Chemical Industries
Flipitmoney
Sudarshan Chemical Industries reported Q1 FY26 consolidated revenue of Rs25.1bn, driven by Heubach's Rs18.8bn contribution. Adj. EBITDA was Rs1.65bn, with a 15.1% margin from the pigment business. The company maintained a €35m EBITDA guidance for Heubach in FY26 and scaled-up EBITDA targets for FY28/29.