Mumbai, 31 January 2026 – Stallion India Fluorochemicals Limited (SIFL), a leading forward-integrated player in refrigerants and industrial gases, announced its unaudited financial results for Q3 & 9M FY26, delivering robust growth across revenue, profitability, and earnings, supported by strong demand, expanding capacities, and continued progress on its integration roadmap.
Key Financial Highlights:
|
Particulars (₹ Lakhs) |
Q3 FY24-25 |
Q3 FY25-26 |
YoY Change |
|
Total Revenue |
8,515.09 |
10,487.90 |
23.17 %
|
|
EBITDA |
1,430.80 |
1,356.20 |
5.21%
|
|
PAT |
977.54 |
1,112.69 |
12.42%
|
|
EPS (₹) |
1.40 |
1.59 |
11.95 %
|
|
Particulars (₹ Lakhs) |
9M FY24-25 |
9M FY25-26 |
YoY Change |
|
Total Revenue |
22,668.25 |
32,118.21 |
41.69 %
|
|
EBITDA |
2,941.33 |
4,369.91 |
48.57%
|
|
PAT |
1,904.25 |
3,290.68 |
72.81%
|
|
EPS (₹) |
3.10 |
4.15 |
33.87 %
|
Strategic & Operational Highlights:
- Development of semiconductor gas capabilities at Khalapur and creation of 1,200 MT liquid helium processing capacity for applications in semiconductors, solar cells, and fiber optics.
- Receipt of Environmental Clearance for a 10,000 MT per annum R-32 manufacturing plant at Bhilwara, a key step in backward integration and raw material security.
- Above initiatives are expected to enhance operating efficiency and improve profit margins by 3–4% over the medium term.
Management Commentary:
Mr. Shazad Rustomji, Managing Director & CEO, said:
“Our expanding network of facilities is creating a strong pan-India platform that supports forward and backward integration across the value chain. Investments in HFO/HFC blending, semiconductor gases, helium processing, and R-32 manufacturing are strategically aligned to capture emerging opportunities in high-growth end-markets and improve margin profile.
Given our strong performance in the first nine months, we remain confident of achieving our FY26 revenue guidance of ₹43,000 Lakhs and PAT of ₹4,000 Lakhs, and sustaining a 30–35% CAGR over the next three years. With ₹32,118.21 Lakhs revenue and ₹3,290.68 Lakhs PAT already achieved in 9M FY26, Stallion is well-positioned not only to meet but potentially surpass its full-year projections.”
Outlook:
SIFL continues to focus on innovation-led growth, disciplined capital allocation, CRM-driven customer engagement, and efficient inventory planning to manage volatility, while deepening its presence across refrigerants, industrial gases, and emerging specialty gas applications.
