Key Financial Figures - Standalone (₹ lakh)

Quarter Ended June 30, 2026 (Q1 FY27)

  • Total Income: ₹2,687.17
  • Revenue from operations: ₹2,675.45
  • Other income: ₹11.72
  • Total Expenses: ₹2,361.42
  • Cost of materials consumed: ₹2,019.91
  • Changes in inventories of finished goods: (₹92.57)
  • Power, fuel and water: ₹55.95
  • Repairs and maintenance: ₹144.37
  • Employee benefit expenses: ₹84.49
  • Finance costs: Not specified for current quarter (₹14.09 in previous quarter)
  • Depreciation and amortisation: ₹48.99
  • Other expenses: ₹100.28
  • Profit Before Tax: ₹325.75
  • Tax Expense: ₹83.14
  • Current tax: ₹76.24
  • Deferred tax: ₹6.90
  • Profit for the Period: ₹242.61
  • Other Comprehensive Income: ₹0.02 (net of tax)
  • Total Comprehensive Income: ₹242.63
  • Earnings Per Share (₹):
  • Basic: ₹1.96
  • Diluted: ₹1.96
  • Paid-up Equity Share Capital: ₹1,236.27 (face value ₹10 per share)

Comparative Standalone Performance

| Period | Total Income | Profit Before Tax | Profit After Tax | EPS (₹) |

| Q1 FY27 | ₹2,687.17 | ₹325.75 | ₹242.61 | 1.96 |

| Q4 FY26 | ₹3,003.75 | ₹253.56 | ₹181.09 | 1.46 |

| Q1 FY26 | ₹1,449.62 | ₹26.13 | ₹18.79 | 0.15 |

| FY26 Audited | ₹8,554.68 | ₹633.40 | ₹453.86 | 3.67 |

Key Financial Figures - Consolidated (₹ lakh)

Quarter Ended June 30, 2026 (Q1 FY27)

  • Total Income from Operations: ₹9,653.97
  • Profit Before Tax: ₹2,087.01
  • Tax Expense: ₹414.43
  • Current tax: ₹407.51
  • Deferred tax: ₹6.92
  • Profit for the Period: ₹1,672.58
  • Other Comprehensive Income: ₹1.16 (net of tax)
  • Total Comprehensive Income: ₹1,673.74
  • Earnings Per Share (₹):
  • Basic: ₹13.53
  • Diluted: ₹13.53
  • Paid-up Equity Share Capital: ₹1,236.27 (face value ₹10 per share)
  • Other Equity: ₹10,801.29 (as of March 31, 2026)

Comparative Consolidated Performance

| Period | Total Income | Profit Before Tax | Profit After Tax | EPS (₹) |

| Q1 FY27 | ₹9,653.97 | ₹2,087.01 | ₹1,672.58 | 13.53 |

| Q4 FY26 | ₹7,573.60 | ₹559.97 | ₹190.30 | 1.54 |

| Q1 FY26 | ₹4,730.54 | ₹959.43 | ₹940.32 | 7.61 |

| FY26 Audited | ₹23,963.74 | ₹2,795.48 | ₹2,238.44 | 18.11 |

Significant Operational Notes

Standalone Operations

  • Annual planned shutdown of plant was undertaken during Q1 FY27 and Q1 FY26 for maintenance activity, making results not comparable with Q4 FY26.
  • The company operates in a single segment: manufacturing of bulk chemicals.
  • Figures for Q4 FY26 are balancing figures between audited full-year figures and published year-to-date figures up to Q3.

Consolidated Operations

  • Annual planned shutdown was undertaken during Q1 FY27 in Amal Ltd and during Q4 FY26 in its wholly owned subsidiary for maintenance activity, making results not comparable.
  • During Q1 FY27, the Group recognized other income of ₹560.93 lakh in its wholly owned subsidiary towards State GST incentive as per the Scheme of Incentive to Industries under Gujarat Industrial Policy 2015.
  • The Group operates in a single segment: manufacturing of bulk chemicals.
  • The consolidated results include subsidiary Amal Speciality Chemicals Limited.

Capital Expenditure Approval

The Board of Directors approved a capital expenditure proposal for expanding production capacity of Sulphur Dioxide (SO2):

  • Existing Capacity: 45 tonnes per day (tpd)
  • Existing Capacity Utilization: Almost fully utilised
  • Proposed Capacity Addition: 60 tpd
  • Total Proposed Capacity: 105 tpd
  • Implementation Timeline: Within 2 years
  • Investment Required: Approximately ₹12 crore
  • Mode of Financing: Internal accrual and/or debt
  • Rationale: As per the strategic growth plan

Regulatory and Compliance Information

  • Results prepared in accordance with Indian Accounting Standards (Ind AS)
  • Results reviewed and recommended by Audit Committee and approved by Board of Directors on July 17, 2026
  • Limited review conducted by Deloitte Haskins & Sells LLP with no modifications reported
  • Board meeting held from 11:00 am to 01:20 pm on July 17, 2026
  • Filed pursuant to SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/CIR/P/2024/185 dated December 31, 2024
  • XBRL filing done separately as per stock exchange requirements

Auditor Information

  • Auditor: Deloitte Haskins & Sells LLP
  • Firm Registration No.: 117366W/W-100018
  • Review Partner: Ketan Vora (Membership No. 100459)
  • Review Standards: SRE 2410 issued by ICAI
  • Conclusion: No material misstatements identified in the financial results