Archean Chemical Industries Ltd

Archean Chemical Update: Bromine Backlog, Revenue Growth, and New Ventures 🧪📊

- Bromine backlog of ~6,500 tons; targeting >18,000 tons production next year.

- Q3 FY26 standalone revenue grew 12% year-on-year; 9-month consolidated revenue up 11%.

- Industrial salt sales volume of 1.1 million tons in Q3, contributing 70% of standalone revenue.

- Q3 standalone EBITDA declined 27% YoY to INR 698.6 million due to higher logistics and operational costs.

- Bromine derivatives at 30-40% utilization; aiming for 50-60% utilization soon with 15 new products in pipeline.

- SOP pilot trials completed; meaningful contribution expected in H2 FY27.

- Semiconductor venture (SiCSem): land allotted in Bhubaneswar, groundwork started.

- Investment in Offgrid Energy Labs (18.14% stake); demo plant for zinc bromide batteries planned in UK.

- Flame retardant bromine project under feasibility evaluation with 12-18 month timeline.