Revenue for the quarter rose 53.3% year-on-year to ₹472.2 crore, compared to ₹307.9 crore a year ago.
EBITDA grew 57.2% year-on-year to ₹82.6 crore, from ₹52.5 crore in the year-ago period. The EBITDA margin expanded to 18%, from 17% a year earlier.
The company said revenue growth was driven by higher realisations, while operating leverage and improved cost efficiencies contributed to a significant expansion in profitability.
BEPL declared a first interim dividend of ₹24.9 crore for the quarter, reflecting its continued commitment to shareholder returns, even as it maintains a strong cash position.
On capacity expansion, the company is undertaking a debottlenecking project at its Abu Road plant in Rajasthan, aimed at raising capacity from 75,000 MTPA to 1,00,000 MTPA. The ₹200 crore capex for this project is being funded entirely through internal accruals, with the company remaining debt-free. Commissioning is targeted for September 2026, with optimal utilisation expected in FY28.
The company said the expansion strengthens its position as one of India’s lowest-cost ABS producers ahead of rising domestic demand, and positions it to capture a larger share of the 30-40% of India’s ABS demand currently met through imports. It added that the move complements ongoing R&D and product-mix upgrades toward higher-margin specialty and colour grades.
Jayesh B. Bhansali, Joint Managing Director and Chief Financial Officer of BEPL, said the company’s Q1 FY27 performance underscored the resilience of its business model and the strength of its cost leadership amid a dynamic global geopolitical environment.
Bhansali Engineering Polymers shares were up 3.12% at ₹113.10 on the NSE.
