Mumbai, 31 January 2026 – Stallion India Fluorochemicals Limited (SIFL), a leading forward-integrated player in refrigerants and industrial gases, announced its unaudited financial results for Q3 & 9M FY26, delivering robust growth across revenue, profitability, and earnings, supported by strong demand, expanding capacities, and continued progress on its integration roadmap.

 

Key Financial Highlights:

 

 Particulars (₹ Lakhs)

Q3 FY24-25

Q3 FY25-26

YoY Change

Total Revenue

8,515.09

10,487.90

23.17 %

EBITDA

1,430.80

1,356.20

5.21%

PAT

977.54

1,112.69

12.42%

EPS (₹)

1.40

1.59

11.95 %

 

 Particulars (₹ Lakhs)

9M FY24-25

9M FY25-26

YoY Change

Total Revenue

22,668.25

32,118.21

41.69 %

EBITDA

2,941.33

4,369.91

48.57%

PAT

1,904.25

3,290.68

72.81%

EPS (₹)

3.10

4.15

33.87 %

 

Strategic & Operational Highlights:

 

  • Development of semiconductor gas capabilities at Khalapur and creation of 1,200 MT liquid helium processing capacity for applications in semiconductors, solar cells, and fiber optics. 
  • Receipt of Environmental Clearance for a 10,000 MT per annum R-32 manufacturing plant at Bhilwara, a key step in backward integration and raw material security. 
  • Above initiatives are expected to enhance operating efficiency and improve profit margins by 3–4% over the medium term.  

 

 

 

Management Commentary:

 

Mr. Shazad Rustomji, Managing Director & CEO, said:

“Our expanding network of facilities is creating a strong pan-India platform that supports forward and backward integration across the value chain. Investments in HFO/HFC blending, semiconductor gases, helium processing, and R-32 manufacturing are strategically aligned to capture emerging opportunities in high-growth end-markets and improve margin profile.

 

Given our strong performance in the first nine months, we remain confident of achieving our FY26 revenue guidance of ₹43,000 Lakhs and PAT of ₹4,000 Lakhs, and sustaining a 30–35% CAGR over the next three years. With ₹32,118.21 Lakhs revenue and ₹3,290.68 Lakhs PAT already achieved in 9M FY26, Stallion is well-positioned not only to meet but potentially surpass its full-year projections.”

 

Outlook:

 

SIFL continues to focus on innovation-led growth, disciplined capital allocation, CRM-driven customer engagement, and efficient inventory planning to manage volatility, while deepening its presence across refrigerants, industrial gases, and emerging specialty gas applications.