SYNOPSIS: Andhra Petrochemicals Limited reported a strong turnaround in Q2 FY26, posting a net profit of Rs. 2.14 crore compared to losses in previous quarters, with revenue rising 61 percent year-on-year to Rs. 167.6 crore.
During Monday’s trading session, shares of a company involved in the manufacturing of oxo-alcohols with applications in plasticisers and lubricants surged nearly 9 percent on BSE, after it reported Q2 FY26 results, marking a turnaround to profitability following four consecutive quarters of net losses.
At 10:38 a.m., shares of Andhra Petrochemicals Limited were trading in green at Rs. 56.8 on BSE, up by around 6 percent, compared to its previous closing price of Rs. 53.81, with a market cap of Rs. 483 crores.
The stock has delivered negative returns of nearly 32 percent in one year, but has gained by over 3 percent in the last one month.
What’s the News:
Andhra Petrochemicals Limited announced the financial results for the second quarter of FY26 on Saturday afternoon, as per the latest regulatory filings submitted to the BSE.
For Q2 FY26, the company reported a revenue from operations of Rs. 167.6 crores, reflecting a significant rise of over 18 percent QoQ compared to Rs. 141.5 crores in Q1 FY26, as well as a year-on-year increase of around 61 percent from Rs. 104.3 crores recorded in Q2 FY25.
During the period, the company reported a net profit of Rs. 2.14 crore, marking a turnaround from a net loss of Rs. 8.4 crore in Q1 FY26 and a net loss of Rs. 3.6 crore in Q2 FY25, reflecting a significant improvement in overall profitability on both a sequential and an annual basis.
Andhra Petrochemicals Limited (APL) is one of India’s leading manufacturers of Oxo Alcohols, with its state-of-the-art manufacturing facilities located near the Naval Dockyard in Visakhapatnam, Andhra Pradesh.
The company manufactures a range of oxo-alcohols, including 2-Ethylhexanol, Normal Butyraldehyde, Iso-Butanol, and Normal Butanol. These chemicals are primarily used as intermediates in producing plasticisers, lubricants, paints, coatings, and specialty chemicals.
The company was originally promoted in 1984 as a joint sector enterprise by the Andhra Pradesh Industrial Development Corporation (APIDC) and The Andhra Sugars Limited (ASL). Over time, it transitioned into an assisted sector company, with ASL emerging as the major shareholder.
APL commenced operations with an initial production capacity of 30,000 MTPA of Oxo Alcohols, which was later enhanced to 73,000 MTPA through a comprehensive optimisation and modernisation program. The company’s registered office is located in Tanuku, Andhra Pradesh.
The Visakhapatnam plant employs advanced technology licensed from JM Davy, London, U.K., with a total capital investment of ~Rs. 497 crore. Commercial production began in February 1994, and the company undertook a major technology modernisation initiative in May 2010.
Written by Shivani Singh
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