Manali Petrochemicals, a leading polyols manufacturer in India, announced strong financial results for Q1 2024-25, with revenue reaching ₹177 crore and an EBITDA of ₹10.6 crore. The company maintains a strong financial structure, focusing on growth through sustainability and diversification.
The company is expanding its operations by investing in new projects, including Polyester Polyols and Propylene Glycol, and a greenfield expansion in West India. Manali Petrochemicals has also acquired PennWhite, a global foam control agent manufacturer, enhancing its downstream portfolio and positioning the company for further growth in the global pharmaceutical and chemicals market.
With a commitment to sustainable growth, the company holds a strong cash flow and low long-term debt, supporting its strategy for long-term expansion. As of 10:33 am, the shares were trading 4.20% higher at ₹85.00 on the NSE.
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