Horizon Reclaim reported robust FY26 financial results with revenue at ₹49.42 crore and PAT at ₹10.50 crore. The company is undertaking a significant capacity expansion, aiming to reach 86,800 MTPA from its current 14,100 MTPA.
Horizon Reclaim Sees Strong FY26 Growth, Expands Manufacturing Capacity
Horizon Reclaim (India) Ltd reported FY26 revenue of ₹49.42 crore and Profit After Tax (PAT) of ₹10.50 crore.
Reader Takeaway: Revenue and profit growth driven by operational efficiency and strategic capacity expansion.
What just happened
Horizon Reclaim (India) Ltd announced its financial performance for FY26, reporting total revenue of ₹49.42 crore and PAT of ₹10.50 crore. This marks a significant increase from ₹20.33 crore revenue and ₹0.71 crore PAT in FY24.
Why this matters
The company's strong revenue and profit growth demonstrate its operational effectiveness and market demand for its products, reclaimed rubber and pyrolysis oil. The successful public listing in June 2026 also provides capital for its ambitious expansion plans.
The backstory
Horizon Reclaim has shown a consistent upward trend in its financial metrics. Revenue grew from ₹20.33 crore in FY24 to ₹36.22 crore in FY25, and further to ₹49.42 crore in FY26. PAT saw an even more dramatic increase, rising from ₹0.71 crore in FY24 to ₹7.07 crore in FY25 and ₹10.50 crore in FY26.
What changes now
The company is executing a major capacity expansion, aiming to increase its production capacity from the current 14,100 MTPA to 86,800 MTPA. This expansion involves a capital expenditure of ₹9.43 crore, with Unit II in Rajkot already commissioned and Unit III in Bhagwanpur under installation.
Risks to watch
Successful execution of the capacity expansion, particularly the installation and commissioning of Unit III, is crucial. Delays or cost overruns could impact the company's ability to achieve its projected growth targets.
Peer comparison
While specific peer data is not provided in the filing, Horizon Reclaim's expansion targets suggest a strategy to capture a larger market share in the reclaimed rubber and pyrolysis oil sector.
Context metrics (time-bound)
- FY26 Revenue: ₹49.42 Crore
- FY26 PAT: ₹10.50 Crore
- FY26 EBITDA: ₹16.32 Crore
- Existing Capacity: 14,100 MTPA
- Expanded Capacity Target: 86,800 MTPA
- Capital Expenditure: ₹9.43 Crore
- Listing Date: June 19, 2026
What to track next
Investors should closely monitor the progress of Unit III's installation and commissioning, the utilization rates of the expanded capacity, and the subsequent impact on revenue and profitability in upcoming fiscal years.