ELLENBARRIE INDUS GASES L

Ellenbarrie Industrial Gases Limited held its Q1 FY27 earnings conference call on August 10, 2026, where management reported a strong performance with revenue from operations reaching 987 million, an 18% increase year-on-year. EBITDA grew by 21% to 387 million, and profit after tax surged 87% to 350 million. Management highlighted the positive operating environment for industrial gases in India, driven by manufacturing growth and demand from various sectors. They emphasized a disciplined approach to growth, focusing on capacity utilization and cost efficiency. The company plans to ramp up recently commissioned plants and invest in new capacities, with a capex guidance of 2,500 million for FY27. Management acknowledged macroeconomic challenges but expressed confidence in the structural growth of the industrial gases market. They also discussed the importance of managing energy costs and maintaining margin protection amidst fluctuating argon prices.

Management expressed confidence in the company's performance and growth prospects.