AG Ventures

AG Ventures reported Q3 FY26 total income of ₹114.6 croreCurrent reported value: ₹114.6 crore. No comparable prior figure is available in the source record., up 19% YoYCurrent reported value: 19% YoY. No comparable prior figure is available in the source record., with EBITDA of ₹20.2 croreCurrent reported value: ₹20.2 crore. No comparable prior figure is available in the source record. (+25%Current 25%. Reported change: N/A. YoY) and PAT of ₹6.5 croreCurrent reported value: ₹6.5 crore. No comparable prior figure is available in the source record. (+25% YoY). EBITDA margin was 17.6%Current reported value: 17.6%. No comparable prior figure is available in the source record.. Growth was driven by strong domestic auto demand and anti-dumping duties, but sulfur prices doubled to ~₹52/kgCurrent ₹52/kg. Reported change: +79% vs Q3 avg., eroding margin benefits. US tariff uncertainty persists (still 50% on exports), requiring 25% discounts to maintain volumes. Management expects sulfur prices to normalize or pass-through to customers, and aims to grow domestic market share. Risks include sustained high sulfur prices, aggressive Chinese/Malaysian imports, and global oversupply keeping capacity utilization at ~70%Current 70%. Reported change: flat..