Epigral will hold a meeting of the Board of Directors of the Company on 9 November 2024Powered by Capital Market - Live

Epigral has allotted 15,19,180 equity shares at an issue price of Rs 2093.13 per equity share under QIP issue for a consideration of Rs 333.05 crore. With this allotment, the paid up equity share capital has increased to Rs 43,14,13,380 consisting of 4,31,41,338 equity shares. Powered by Capital Market - Live

The Board of Epigral at its meeting held on 14 August 2024 has approved fund raising up to Rs 500 crore through issue of securities on preferential allotment basis or qualified institutional placement. Powered by Capital Market - Live

Epigral will hold a meeting of the Board of Directors of the Company on 14 August 2024.Powered by Capital Market - Live

The Board of Epigral will meet on 14 August 2024 to consider proposal for raising of funds through various options. Powered by Capital Market - Live

Revenue from operations jumped 43% to Rs 651.20 crore in Q1 FY25 from Rs 454.89 crore posted in Q1 FY24. Profit before tax (PBT) soared to Rs 130.96 crore in Q1 FY25 as compared with Rs 47.41 crore in Q1 FY24. EBITDA stood at Rs 176 crore as against Rs 95 crore in Q1FY24, resgitering the growth of 85% YoY. EBIDTA margin stood at 27% in Q1FY25 as compared with 21% in Q1FY24 on account of increase in utilization and volume contribution from new projects commissioned. Volume grew 29% YoY and 14% QoQ. Major growth comes from Derivatives this growth is primarily attributed to efficient utilization of capacities and also volume from new projects commissioned. Revenue contribution from Derivatives & Specialty business rose sharply and stood at 53% in Q1FY25 vs 37% in Q1FY24. In the April to June 2024 quarter, we commissioned CPVC Resin and Compound facility and by the end of current quarter we expect to commission Chlorotoluenes Value Chain facility, both these projects will drive growth for Epigral in FY2025 and FY2026. We are moving in line with our long term vision to become fully integrated complex catering to diversified industries and grow consistently to create value for our stakeholders.' Epigral, formerly known as Meghmani Finechem, is a leading integrated manufacturer of chemicals in India. The company is the first to set up an Epichlorohydrin plant in the country and is also the largest capacity plant of CPVC Resin. Epigral is also India's fourth largest manufacturer of caustic soda, chlorine and hydrogen and a leading manufacturer of caustic potash, chloromethanes and hydrogen peroxide. The scrip hit a 52 week high at Rs 1,720 in today's intra-day session. Powered by Capital Market - Live

Net profit of Epigral rose 172.52% to Rs 85.87 crore in the quarter ended June 2024 as against Rs 31.51 crore during the previous quarter ended June 2023. Sales rose 43.16% to Rs 651.20 crore in the quarter ended June 2024 as against Rs 454.89 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales651.20454.89 43 OPM %27.0720.89 - PBDT164.4178.21 110 PBT130.9647.41 176 NP85.8731.51 173 Powered by Capital Market - Live

Epigral will hold a meeting of the Board of Directors of the Company on 24 July 2024.Powered by Capital Market - Live