Arthneeti
SP

Shree Pushkar Chemicals & Fertilizers Ltd

Q2 FY26Chemicals & Petrochemicals

Shree Pushkar Chemicals & Fertilizers Ltd Q2 FY26 Results & Concall Highlights: Revenue, Margins & Order Book

Q2 FY26 earnings call: what management guided on revenue, margins and order book.

Price₹401
Market cap₹1.2K Cr
P/E17.2
Updated23 Aug 2026
Read4 min read

The short version

Shree Pushkar expects continued quarter-on-quarter improvement in Chemicals segment, with Unit 5 starting next year enhancing growth. - For FY26, the company conservatively targets around Rs. Shree Pushkar projects revenue of around Rs.

From Shree Pushkar Chemicals & Fertilizers Ltd's Q2 FY26 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

  • Shree Pushkar expects continued quarter-on-quarter improvement in Chemicals segment, with Unit 5 starting next year enhancing growth.
  • For FY26, the company conservatively targets around Rs. 1,000 crore revenue with ~8% PAT margin, showing confidence based on H1 performance.
  • Post-capex, the new facility at Meghnagar (Rs. 350 crore) expected to generate Rs. 1,200 crore revenue conservatively, potentially Rs. 1,500-1,600 crore at full capacity.
  • Combined with Units 5, 6, and 8 expansions, revenue could reach Rs. 2,500 to 3,000 crore by FY29.
  • Chemical segment volumes grew 11.3% YoY and 16.4% sequentially in Q2 FY26; management believes growth momentum will continue despite market volatility.
  • Fertilizer segment utilization around 70%, expected to increase to 75%, but full capacity is practically challenging.
  • Solar capacity expansion (totaling 20.6 MW DC) will improve operational efficiency and cost savings, indirectly supporting profitability.

Profitability & Margins

See what Shree Pushkar Chemicals & Fertilizers Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

  • Rs. 350 crores capex announced for Unit 8 with capacity of 300,000 MTA, focused on fertilizers including NPK, expected completion around March 2028.
  • Unit 6 expansion includes a 66,000 MTPA acid complex with improved capacity and specialized production.
  • Unit 5 is set to start next year, contributing to further improvements.
  • Solar power expansion: 10 MW at Shree Pushkar and 1.10 MW at Kisan Phosphates, totaling around 11.10 MW DC, expected to start in December/January to reduce power costs.
  • Future capex primarily funded through internal accruals and a Rs. 30 crores preferential allotment from promoters.
  • Backward integration included in Unit 8 capex for raw materials like phosphoric acid (100% in-house).
  • Expansion aims to increase revenue potential to Rs. 1,200 - 1,600 crores from Unit 8 alone.
  • Conservative revenue projection: Rs. 2,500 crores by FY29 combining Unit 5, 6, and 8 capacities.

Top-ranked in Chemicals & Petrochemicals

Ranked on what management guided this quarter

5x potential
1Shiv Texchem
Rev 1Mar 2
2Yasho Industries
Rev 1Mar 3
3
Rev 1Mar 3
4
Rev 1Mar 3
5
Rev 2Mar 1
Sign up free to see 3 moreTakes 30 seconds · no cardSign up

Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Shree Pushkar Chemicals & Fertilizers Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The transcript on page 17 and surrounding pages does not provide specific details regarding the current or expected order book or pending orders for Shree Pushkar Chemicals & Fertilisers Limited. However, the management's comments indicate: - The company is confident about sustained improvements quarter-on-quarter, especially with the upcoming Unit 5 starting next year, which will enhance performance. - There is visibility and a positive market outlook expected to drive growth, implying a healthy demand pipeline. - No explicit numbers or specific information about order book or pending orders were disclosed during the call. - The management emphasizes stability and sustainability in their business model to meet demand despite external headwinds. For detailed order book information, the investor relations team (Churchgate Partners) may be contacted as noted in the closing remarks.

Shree Pushkar Chemicals & Fertilizers Ltd — Quarterly revenue & net profit

Revenue Net profit
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹218 Cr, net profit ₹13 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

Continue your research

What Shree Pushkar Chemicals & Fertilizers Ltd's management said in earlier quarters

Others in Chemicals & Petrochemicals this season

Compare:vs Solar Industries India Ltdvs Pidilite Industries Ltdvs SRF Ltd

🔎 Who's planning the most growth?

Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

See rankings →

Frequently Asked Questions

What were Shree Pushkar Chemicals & Fertilizers Ltd Q2 FY26 results?

Shree Pushkar expects continued quarter-on-quarter improvement in Chemicals segment, with Unit 5 starting next year enhancing growth. - For FY26, the company conservatively targets around Rs. Shree Pushkar projects revenue of around Rs.

What is Shree Pushkar Chemicals & Fertilizers Ltd share price analysis?

Shree Pushkar Chemicals & Fertilizers Ltd currently shows a neutral. The stock trades at a P/E of 17.2 with a market cap of ₹1,243 Cr. Investors should review the full earnings analysis for detailed insights.

Is Shree Pushkar Chemicals & Fertilizers Ltd planning capital expenditure?

Rs.

Keep Shree Pushkar Chemicals & Fertilizers Ltd on your radar — track it to get its next earnings analysis in your feed.

This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.