Domestic Results, Capital & Corporate Actions – 7 Aug 2026

Earnings Momentum, Margin Tests

Filatexprofit rises 21% even as yarn volumes shrink, putting the earnings quality test on realisations

Garware Hi-Tech Films posts a 30% EBITDA margin, but sustaining the record now matters more than reaching it

All Time Plastics raises utilisation to 65%, but a 240-basis-point gross-margin squeeze checks the volume gain

Rain Industries rebuilds Q2 EBITDA, but shipment timing and smelter cuts keep carbon volumes exposed

Navin Fluorine more than doubles Q1 profit, but the filing leaves the volume and product-mix drivers untested

Berger Paints grows decorative sales 13.5%, but delayed industrial pass-through keeps margin recovery uneven

BASF India more than doubles Q1 PAT as sales rise, but the statutory extract does not reveal the operating drivers

Growth Meets the Debt Bill

Cosmo First grows Q1 profit 26%, but Rs. 1,166 crore net debt keeps cash conversion in the foreground

Sanathan Textiles lifts revenue 79%, but Punjab depreciation and finance costs absorb much of the operating gain

Apollo Tyres rebounds to Rs. 349 crore Q1 profit, but the Enschede closure still carries an FY27 cash cost

Innova Rubbers expands operating margin, but high-cost funding pulls PAT margin down and customer concentration stays high

Market Pressure, Uneven Recovery

Kanoria’s Ethiopia textile unit returns to cash profit, but currency and inflation still frame the turnaround

Chemplast Sanmar holds Q1 revenue above Rs. 1,100 crore, but PVC imports and raw materials push EBITDA negative

Aegis gas terminals lift standalone revenue year on year, but the segment falls sharply from the March quarter

Deals, Control and Distress

Primo Chemicals secures full control of Flow Tech, but the filing leaves acquisition economics and integration unquantified

Polyplex retains its 51% PTL stake as a tender offer buys 18.09%, preserving control while changing the minority map

Vardeep Petro remains in default and non-cooperative, leaving lenders with exposure but little fresh operating evidence