ELLEN Ellenbarrie Industrial Gases Q4 FY26 results (Jan–Mar 2026) and concall
Ellenbarrie Industrial Gases reported a Q4 FY26 marked by strong underlying performance in its core gases business, with a 9% sequential revenue growth and an adjusted EBITDA margin of 40%. The quarter saw the commissioning of the Ulluberia 2 merchant plant and a recovery in argon prices. While reported financials were affected by 46 million in one-off items, the company is optimistic about FY27, driven by new capacity ramp-ups, continued argon recovery, and a strategic focus on specialty gases and power cost optimization, aiming for a 20% revenue CAGR and 40% EBITDA margin in the medium term.
You’re reading a preview. Opening the full call uses 1 concall credit.
Sign in to use your monthly call allowance.
What they filed
Q4 FY26: revenue up 6.1%, net profit up 27.8% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|
| Revenue | 95 | 68 | 82 | 84 | 89 −6% | 81 +19% | 87 +6% |
| EBITDA | 36 | 27 | 25 | 31 | 33 −8% | 25 −7% | 27 +8% |
| Net profit | 30 | 19 | 18 | 19 | 37 +23% | 26 +37% | 23 +28% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.
