• EBITDA margin outlook: The company achieved 15% annual EBITDA growth and expects to sustainably maintain operating margins around the 14–15% range once raw material price volatility normalizes.
• Input cost pass-through: Raw material costs increased 40% to 60% over six weeks, which the company is passing on quickly in segments like polymers and dyes, while certain long-term contracts will absorb the hikes with a 3- to 6-month lag.
• New supply contracts: Aarti Industries secured two major deals, including a 15-year repeat contract with a global major and a $150 million sales contract across a 4-year timeframe from existing capacity.
• Capex and commissioning: Zone 4 commercialization faces a 3- to 4-month delay but remains on track for FY27, while planned FY27 capex will moderate to ₹750–800 crore to support ₹350–450 crore in bottom-line growth over the next two years.