Why are Chemplast Sanmar shares falling over 2% today? Explained
Shares of Chemplast Sanmar Ltd fell 1.9% to ₹422.70 on Tuesday after the company reported a net loss of ₹64 crore for the quarter ended June 2025 (Q1FY26), compared to a net profit of ₹24 crore in the same period last year.
Revenue declined marginally to ₹1,100 crore from ₹1,145 crore in Q1FY25, as the company grappled with a challenging market environment and continued pricing pressures.
'The industry faced continued pricing pressure during the quarter due to persistent dumping of Paste PVC and Suspension PVC,' said Ramkumar Shankar, Managing Director of Chemplast Sanmar. He noted that although anti-dumping duties (ADD) are in place for several countries, there has been a significant inflow of dumped materials from the EU and Japan, prompting a fresh ADD investigation by DGTR.
Despite the loss, Shankar maintained a positive outlook, citing healthy product pipeline in the Custom Manufactured Chemicals Division and robust demand for PVC products. 'We have used this tough period to build capacity in our speciality businesses, which will act as a springboard for future growth,' he added.
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Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
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