1. Alkoxylation capacity doubling at Dahej - A 5,000 MT alkoxylation reactor was commissioned in Q4 FY26, doubling nameplate capacity from a base that was running at \~95% utilisation. The ₹10 cr brownfield expansion removes the single biggest volume bottleneck, letting the company convert a full order book into higher revenue without further step-up in fixed costs.
2. Oilfield-chemical JV ramp with ChampionX - The 50:50 JV with ChampionX recorded strong offtake in Q4 FY26, and the parent is seeking shareholder approval for related-party sales up to ₹50 cr. Sustained pull from a global oilfield-services partner turns a lumpy tender-driven vertical into a steadier, high-volume earnings stream.
3. New oilfield reactors commissioned - Dedicated oilfield reactors were commissioned during FY26 to modernise the production line, alongside earlier capacity expansion for key oilfield specialities. Modernised assets raise throughput and product quality for the segment that already showed the strongest export-led volume growth in FY26.
4. Export distributor agreements in finalisation - The company is in the process of signing several new distributor agreements across multiple countries to fill newly installed capacity. Locking in distributor relationships converts one-time international orders into recurring export volumes, directly lifting utilisation of the expanded Dahej plant.
5. Agrochemical application lab commissioned - A dedicated agrochemical application laboratory was commissioned during FY26 to support formulation development and faster customer trials. In-house testing shortens the lab-to-commercial window that already averaged 90 days for new products, accelerating revenue conversion from the new-product pipeline.
6. Specialty portfolio commercialisation momentum - Over a dozen new products were commercialised in FY25, and multiple customer-specific products progressed through pilot-scale validation during FY26. A widening specialty mix - biodegradable surfactants, eco-friendly dispersants, import substitutes - shifts the revenue base toward higher-margin, stickier chemistries.
7. Paints & Coatings key-account recovery - A key account was regained with an eco-friendly dispersant, and two additional pigment stabilisers were commercialised for green formulations. Recovering a lost anchor customer while adding new products in the same segment rebuilds a revenue line that had grown volumes over 20% in FY24.