Manali Petrochemicals shares jump 13% after strong Q4 earnings boost sentiment
Jagruti Jain
Shares of Manali Petrochemicals Ltd rallied sharply in Friday’s session after the company reported a strong improvement in its March quarter earnings, with investors reacting positively to the jump in profitability and revenue growth.
The stock gained over 13% to trade at ₹62.90 on the NSE. During the session, the stock touched an intraday high of ₹66.62, which also marked its upper price band for the day. Trading activity remained strong, with more than 1.4 crore shares traded on the exchange.
The rally followed the company’s Q4 FY26 earnings announcement, where Manali Petrochemicals posted a sharp rise in both revenue and net profit.
Revenue from operations for the quarter came in at ₹292.7 crore, up 27% year-on-year from ₹230.4 crore reported in Q4 FY25.
Net profit surged to ₹29 crore during the quarter compared with ₹10.8 crore in the year-ago period.
On the operational front, EBITDA stood at ₹24.9 crore versus ₹21 crore reported in the corresponding quarter last year. EBITDA margin, however, moderated to 8.5% from 9.1% a year ago.
The company also reported total comprehensive income of ₹62.8 crore for the quarter, significantly higher than ₹14.8 crore recorded in Q4 FY25.
The stock has now moved closer to its 52-week high of ₹81.10 after Friday’s sharp rally.
