Astral paints and adhesives grows revenue 30%, but margin slips as rawmaterial inventory… – Domestic Results, Capital & Corporate Actions, 13 Aug 2026

Growth, but margins under pressure

Huhtamaki India lifts H1 revenue 12% and margin to 8.4%, but crude-linked inputs still represent 65-70% of operating income

Pidilite's Q1 revenue rises 22%, but VAM at Rs 1.32 lakh a tonne and incomplete pass-through trim gross margin

Astral plumbing lifts revenue 10% on flat volume, putting the Q1 margin gain on price and mix rather than throughput

Astral paints and adhesives grows revenue 30%, but margin slips as rawmaterial inventory delays cost pass-through

Pearl Polymers' Q1 operating revenue inches up, but lower other income pulls PAT down 19%

Archit Organosys grows Q1 revenue 12%, but PAT falls 29% as its rawmaterial bill more than doubles

Dutron Polymers holds Q1 revenue broadly flat, but PAT falls 19% as costs absorb the small sales gain

Sree Rayalaseema revenue rises 17%, but costs and a Rs 3.50 crore futures loss hold PAT growth near 8%

Subam Papers grows Q1 revenue 16%, but attributable profit reverses to a Rs 0.35 crore loss

Profit surges under the microscope

Panama Petrochem's Q1 PBT rises more than sevenfold, shifting the next test to subsidiary cash conversion

Goodyear India grows Q1 revenue 18%, but operating PBT nearly disappears before an Rs 8.18 crore exceptional reversal

Kiri Industries reports Rs 270 crore Q1 PAT, but Rs 286 crore of other income dwarfs the recovering core business

India Glycols' Q1 PAT rises 32%, but bio-based specialities remain only 12% of a spirits-led revenue base

BASF India Q1 PBT rises 166%, but discontinued coatings and an Rs 18 crore sale gain sit inside the comparison

Styrenix Q1 EBITDA rises 134% while volume falls 26%; management says the margin is not sustainable

Turnarounds face a reality check

National Oxygen's Q1 revenue falls 60% and loss widens as its Puducherry plant remains shut

RAIN Industries explains its profit jump, but 10% lower carbon volumes and 69% utilisation keep it below a new run-rate

Tolins Tyres' Q1 revenue falls 12% and PAT 33% as UAE disruption compounds low recycling utilisation

Astec reaches EBITDA breakeven as mix improves, but revenue remains lower and a durable recovery is not yet proven

Aimco Pesticides' Q1 revenue falls 55%, yet lower costs return the group to a small profit

Midland Polymers changes control and proposes a new identity, but Q1 still records no operating revenue

Expansion bets meet execution tests

Gujarat Fluorochemicals grows chemical EBITDA 29%, but battery-material losses triple before commercial qualification

Grasim chemicals lifts Q1 EBITDA 16%, but caustic volume falls and chlorine realisations weaken

Sudarshan Chemical nearly doubles Q1 PBT on 5% revenue growth, even after Rs 36 crore of integration costs

Governance, controls and capital moves

National Peroxide cuts FY26 profit after an ERP error understated gas cost and payables by Rs 6.95 crore

Texmo Pipes raises Rs 6.98 crore from promoters, but the preferential issue also increases insider ownership

Asian Petroproducts multiplies Q1 revenue eightfold, but still slips into loss with TDS balances unreconciled

Solar Industries shareholders reject two special resolutions, yet an independent director is deemed appointed under SEBI rules