Sigachi fast-tracks 12,000 MTPA Dahej-2 expansion in Q1FY27
Consolidated net profit was Rs 8.14 cr, while management said the Hyderabad API R&D centre is fully operational.
Filed 13 Aug 2026, 16:20 IST · after market close · SIGACHI (SIGACHI)
Key takeaways
- Sigachi's consolidated Q1FY27 operating margin was 13.62%, with operating profit of Rs 16.51 cr on revenue of Rs 121.27 cr.
- Interest of Rs 3.01 cr and depreciation of Rs 4.41 cr reduced the operating result before tax, while other income contributed Rs 1.00 cr.
- Management said civil works had begun on the 12,000 MTPA Dahej-2 expansion, which it said would take total MCC capacity to 30,000 MTPA.
Q1FY27 profit after below-operating charges
Sigachi's consolidated operating profit of Rs 16.51 cr translated into net profit of Rs 8.14 cr after Rs 3.01 cr of interest and Rs 4.41 cr of depreciation. Other income of Rs 1.00 cr supported the Rs 10.09 cr pre-tax profit but was not the sole source of earnings.
Dahej-2 expansion becomes the main execution marker
Management said it had fast-tracked a 12,000 MTPA capacity expansion at Dahej-2, with civil works already underway. The company said the project would lift total MCC capacity to 30,000 MTPA. Management also said the API business is being advanced through research, regulatory development and product innovation, with the new Hyderabad API R&D centre now fully operational.
FY27 priorities and filing timing
The presentation reported 145 new hires in Q1 FY27. Management said its focus for FY27 is execution, innovation and operational efficiency, and said it remains focused on delivering its growth roadmap. The results were filed after market close on 13 Aug 2026, so the stock response is not part of this first read.
Q1FY27 at a glance
Consolidated figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q1FY27 |
|---|---|
| Revenue | ₹121 cr |
| Other income | ₹1 cr |
| Expenses | ₹105 cr |
| Operating profit | ₹17 cr |
| Operating margin (%) | 13.62% |
| Interest | ₹3 cr |
| Depreciation | ₹4 cr |
| Profit before tax | ₹10 cr |
| Tax | ₹2 cr |
| Net profit | ₹8 cr |
| EPS (₹) | ₹0.18 |
What management said
From the company’s own investor presentation. Each point is checked against the source document before it appears here.
This quarter
- Sigachi reported 145 new hires in Q1 FY27.
Guidance & outlook
- Sigachi is focused on execution, innovation and creating sustainable value in FY27.
- Sigachi expects to execute its growth roadmap, improve operational efficiencies and deliver lasting value.
Expansion
- Sigachi has fast-tracked a 12,000 MTPA capacity expansion at Dahej-2, with civil works underway.
- The Dahej-2 expansion is expected to increase total MCC capacity to 30,000 MTPA.
New initiatives
- Sigachi is advancing its API business through investments in research, regulatory development and product innovation.
- Sigachi established a new API R&D centre in Hyderabad, which is now fully operational.
Competition
- Sigachi describes itself as one of the largest MCC manufacturing companies in India.
What to watch
- Progress in civil works for the announced 12,000 MTPA Dahej-2 expansion.
- Updates on the stated path to 30,000 MTPA of total MCC capacity.
- How the 145 Q1 FY27 hires feature in execution and operational-efficiency disclosures.