Paragon Fine And Speciality Chemical Limited · NSE:PARAGON
Paragon Fine And Speciality Chemical — H2 FY26 Earnings Presentation
33 slides from Paragon Fine And Speciality Chemical's earnings presentation, Jun 11, 2026
Slide 1: Exchange intimation letter for H2 & FY26 investor presentation
Date: 11/06/2026 To, Listing Department National Stock Exchange of India Limited Exchange Plaza, 5th Floor, Plot No. C/1, G Block, Bandra-Kurla Complex, Bandra (E) Mumbai – 400051 Symbol: PARAGON SUB: H2 & FY 26 INVESTOR PRESENTATION Dear Sir / Madam, In accordance with the applicable requirements a
Slide 2: Paragon Fine & Speciality Chemical Ltd H2 FY26 Investor Presentation
PARAGON FINE & SPECIALITY CHEMICAL LTD H2 FY26 Investor Presentation
Slide 3: Disclaimer
Disclaimer This image cannot currently be display ed. This presentation and the accompanying slides (the “Presentation”), which have been prepared by Paragon Fine & Speciality Chemical Ltd (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommenda
Slide 4: PFSCL - Our Business
PFSCL- Our Business Revenue EBITDA • Leading global supplier of specialty intermediates CAGR CAGR 7% (FY22-26) 16% (FY22-26) • Industries Served : o Specialty Pigments & Dye PAT o Agrochemical CAGR ROCE o Cosmetic 17% (FY22-26) 12% (FY65) o Pharmaceuticals o Electronics D/E Ratio ROE 0.01 x 9% (FY26
Slide 5: Our Journey
Our Journey 2004 2022 2024 • Commenced Operations for chemical • 8000 certification attained alongside • Client based Increased to 94 manufacturing and sales One Star Export House accreditation • Revenue touched Rs 122 Cr. • Started producing of dye intermediates and a range of broadening product. G
Slide 6: Paragon's Growth and Product Strategy
Paragon’s Growth and Product Strategy Growing Revenue Expanding Margin CAGR:7.4 16.3% % 14.0% 7.1% 11.6% 19.8 7.3% 122.0 116.1 110.0 104.1 14.6 82.8 12.8 8.5 5.9 FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25 FY26 EBITDA (Rs Cr) EBITDA Margin % o Company's growth is on an upward trajectory, with curre
Slide 7: Improving Profitability
Improving Profitability Expanding margins: Increasing returns , Creating shareholder value Expanding Margin Enabling Shareholders’ Return 16.3% 14.0% 15.6% 44.0% 12.8% 49.7% 13.2% 11.8% 11.4% 8.5% 39.7% 9.5% 25.3% 7.1% 9.1% 21.8% 6.2% 7.4% 17.0% 5.9% 12.25% 5.4% 8.97% 9.2% 6.6% FY22 FY23 FY24 FY25 F
Slide 8: Our USP
Our USP Formidable Foundations - Our Unbeatable USPs This image cannot currently be display ed. o Solid Foundations: Partnering with Global Global Leaders: Our This image cannot currently be display ed. Industry Leaders Clientele Trusted by established o Proven Excellence: Delivering Quality to Top-
Slide 9: Investment Thesis
Investment Thesis This image cannot currently be display ed. o Specialised in Complex Chemistries This image cannot currently be display ed. o Customized End-to-End Solution This image cannot currently be display ed. o Derisked Model and Diversified Products Offerings This image cannot currently be
Slide 10: Specialised in Complex Chemistries
Specialised in Complex Chemistries This image cannot currently be display ed. This image cannot currently be display ed. This image cannot currently be display ed. o High barriers exist due to o Our team has complex catalytic processes PFSCL, one of India's successfully o and the demand for largest
Slide 11: Emerging as a Key Player in a High-Barrier Industry
Emerging as a Key Player in a High-Barrier Industry Complex Catalytic Processes This image cannot currently be display ed. Technical Expertise Requirement Processes involve intricate Demands a high This image cannot currently be display ed. o o steps and chemical level of specialized reactions knowl
Slide 12: Forte in Complex Chemistries
Forte in 20 Complex Chemistries PFSCL expertise in 20 Chemistries Chemistry End user Industry Chemistry End user Industry Industry CAGR% Time Frame High pressure solvent Alkylation Plastics,Pharma,Textile Pharma,Fine Chem reactions Dyes & Pigments 12% 2021-2026 Amidation Pharma,Cosmetics,Solvent Hyd
Slide 13: Driving Growth through Innovation
Driving Growth through Innovation Growing Product Base Increasing Revenue per Customer (Rs Cr) 5 3 3 1 1 1 1.2 1.3 1.3 1.04 1.1 1.5 6.1 0.7 1.0 2.4 1.8 FY21 FY22 FY23 FY24 FY25 FY26 Revenue from New Products (Rs.Cr) No of New Products Introduced FY22 FY23 FY24 FY25 FY26 Innovation and Technological
Slide 14: Customised End to End Solution
Customised End to End Solution Case Study: Dichlone Registration and Market Growth Registration Success Rising Demand Overcoming Challenges o 2019: Began collaboration to support o 2022: Demand increased to o Navigating War Effects: Maintained supply Dichlone registration 70MT chain resilience o 202
Slide 15: De-risked Business Model and Diversified Product offering
De-risked Business Model and Diversified Product offering Diversified Revenue Stream: Segmental Revenue Contribution (%) Total Revenue from Operations (Rs.Cr) 82.8 104.1 121.3 116 110 0.6% 9.2% 4.8% 12.0% 14.3% 2.46% 22.1% 1.98% 0.00% 1.06% 1.40% 62.6% 61.1% 68.6% 68.9% 49.7% 7.12% 7.87% 11.87% 8.69
Slide 16: Revenue from Top 10 Customers
Revenue from Top 10 Customers Tailored Solution, Customer Centric Success Contribution from Top 10 Customers 73.3% 78.2% 61.0% 57.0% 42.2% 41.0% 60.2 64.7 61.2 53.4 43.2 49.7 FY21 FY22 FY23 FY24 FY25 FY26 Revenue(Rs Cr.) % of Contirbution Fostering Long Term Relationship: o Our relationships with ov
Slide 17: Revenue from Top 10 Chemistries
Revenue from Top 10 Chemistries Top 10 Product % Contribution to Revenue 57.3% 28.2% 49.11% 49.47% 34.1% 57.02 52.88 47.49 41.30 28.80 FY22 FY23 FY24 FY25 FY26 Revenue (Rs Cr.) Top 10 Product % Contribution to Revenue Product Name End user Industry 2,3 Dichloro-1,4-Naphthoquinone (Dichlone) Agro Int
Slide 18: Present Across Geographies
Present Across Geographies Exports account for 38%* of Total revenue Total Revenue from Operations [Export] (Rs Cr.) 52.1 44.7 34.6 46.5 20.6 300.0% 1.5% 3.6% 6.3% 1.3% 7.9% 3.1% 2.9% 3.5% 1.0% 2.6% 4.9% 27.1% 29.1% 31.0% 36.0% 58.3% 41.1% 46.0% 66.1% 61.7% 64.0% 59.0% 36.5% FY21 FY22 FY23 FY24 FY25
Slide 19: Levers of Future Growth
Levers of Future Growth Operational Expansion: In-house Capabilities Optimization: o Increasing production capacity. o Utilization of in-house capabilities for new 01 o Efficient resource utilization. 04 product development. o Utilization of IPO proceeds for scaling up. o Meeting raw material requir
Slide 20: Financial Overview
PARAGON FINE & SPECIALITY CHEMICALS Financial Overview
Slide 21: Financial Highlights H2FY26
Financial Highlights Revenue (Rs Cr.) EBITDA (Rs Cr.) & EBITDA Margin % PAT (Rs Cr.) & PAT Margin % 7.3% 11.6% 5.1% 8.23% FY26 12.8 9.1 116 8.5 5.9 110 FY25 FY26 FY25 FY26 FY25 FY26 9% 14.% 7% 5% H2FY26 69 10 6 7 64 4 H2FY25 H2FY26 H2FY25 H2FY26 H2FY25 H2FY26 20
Slide 22: Income Statement
Income Statement Particulars (Rs Cr.)\ H2FY26 H2FY25 YoY FY26 FY25 YoY Net Revenue from Operations 68.88 64.13 7.41% 109.98 116.1 (5.27)% COGS 47.65 46.41 2.67% 75.69 84.6 (10.53)% Gross Profit 21.23 17.72 19.77% 34.29 31.51 8.82% Gross Margin 30.8% 27.6% 31.19% 27.1% Employee Benefits Expense 3.56
Slide 23: Balance Sheet
Balance Sheet Particulars (Rs Cr.) FY26 FY25 Particulars (Rs Cr.) FY26 FY25 Assets Equity and Liabilities Non‐Current Assets Shareholders funds Plant Property and Equipment 19.1 16.2 Share Capital 19.6 19.6 Reserves and Surplus 78.9 69.8 CWIP 3.6 2.9 Net Worth 98.5 89.4 Other Intangible Assets 0.04
Slide 24: Cash Flow Statement
Cash Flow Statement Particulars (Rs Cr.) FY26 FY25 Operating cash flow Profit Before Tax 12.15 8.3 Interest Expense 0.14 0.2 Depreciation 1.4 1.1 Other non cash items (0.60) (0.98) Change in Working Capital Change in Inventory 0.17 2.8 Change in Recievables (3.0) (12.4) Change in Payables and Other
Slide 25: Balance Sheet Ratios
Balance Sheet Ratios Gross Block(Rs Cr.) Net Debt / Equity Ratio (x) 27.3 23 1.6 16.8 1.1 13.8 14.4 -0.2 0.04 0.01 FY22 FY23 FY24 FY25 FY26 FY22 FY23 FY24 FY25 FY26 Net Working Capital (Days) Net Worth (Rs Cr.) 27 44 89 149 191 135 89.4 98.5 113 116 83.5 85 103 102 95 95 79 81 71 61 48 31 39 12.4 22
Slide 26: Annexure
PARAGON FINE & SPECIALITY CHEMICALS Annexure
Slide 27: Fully Equipped Manufacturing Facility
Fully Equipped Manufacturing Facility Our 7,000 square meter manufacturing facility in Viramgam, Ahmedabad, Gujarat, features two glass line assembly units and three reactors for batch reaction technology Major Machinery Installed Boiler Machine (Steam & Thermic GC Machine Heater) Digital Weighing S
Slide 28: In House Skill Development
In House Skill Development Team Composition: Comprises 14 technocrats with diverse educational backgrounds, including Bachelor of Science, Master of Science, Bachelor of Pharmacy, and Bachelor of Engineering degrees Skill Development: Prioritize in-house skill development through structured programs
Slide 29: Experienced Leadership
Experienced Leadership Dr. Pravinchandra Jasmat Dr. Rutesh V. Savalia Kishorkumar Panchabhai Vallabh Ratanji Savalia Shivam K. Patolia Vasolia Director Patolia Whole Time Director Director Chairman & Managing Age - 34 years Whole Time Director Age - 62 years Age - 26 years Director Education - Ph. D
Slide 30: Industry Tailwinds: Propelling Growth
Industry Tailwinds: Propelling Growth Indian Chemical Industry (USD Bn) Global and Regional Leadership o India holds a significant position in the global chemical industry, ranking as the 6th largest producer worldwide and the 3rd largest producer within Asia Growth Drivers: Indian Chemical Industry
Slide 31: PFSCL - Solutions Across Industries
PFSCL-Solutions Across Industries Specialty chemicals are segmented by end-user markets At Paragon we serve high growth Industries… Indian Agro Chemical Industry (Rs Bn) 4% 4% 3% 6% 7.4 6 4% 2021 2026 Indian Dye & Pigment Industry (Rs Bn) 22% 15.9 Agrochemical Construction Chemical Electronic Chemic
Slide 32: PFSCL - Driving Sustainable Excellence
PFSCL - Driving Sustainable Excellence Installed Membership comprehensive safety equipment o Fire Hydrants o Eco Care for Solid Waste Disposal Facility o Fire Extinguishers o Novel Spent Acid Management (discharging o Eye Shower 100 tons of acid per month) o Fire Balls o M/s A-One Green Enviro Proje
Slide 33: Thank You
THANK YOU Company Contact: Nikita Hardik Rajpara cfo@paragonind.com Contact No: 079-45920517
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