Board Meeting Details

The Board meeting was held on October 29, 2026, commencing at 2:30 PM and concluding at 4:45 PM. The meeting approved:

1. The Un-Audited Financial Results (Standalone and Consolidated) for the quarter and half year ended September 30, 2026.

2. Publication of the un-audited financial results in newspapers pursuant to Regulation 47 of SEBI LODR.

The financial results were reviewed by the Audit Committee and approved by the Board. The statutory auditors, PKF Sridhar & Santhanam LLP, issued an unmodified limited review report on both standalone and consolidated results.

Standalone Financial Performance (Rs. in Lakhs)

Quarterly Comparison (Q2 FY27 vs Q1 FY27 vs Q2 FY26)
  • Total Income: ₹30,535.90 (Q2 FY27); ₹33,207.47 (Q1 FY27); ₹23,178.14 (Q2 FY26)
  • Revenue from Operations: ₹29,071.89 (Q2 FY27); ₹31,593.33 (Q1 FY27); ₹22,076.01 (Q2 FY26)
  • Other Income: ₹1,464.01 (Q2 FY27); ₹1,614.14 (Q1 FY27); ₹1,102.13 (Q2 FY26)
  • Profit Before Tax: ₹5,946.14 (Q2 FY27); ₹5,531.46 (Q1 FY27); ₹5,110.12 (Q2 FY26)
  • Tax Expense: ₹1,626.61 (Q2 FY27); ₹1,478.69 (Q1 FY27); ₹1,263.85 (Q2 FY26)
  • Profit After Tax: ₹4,319.53 (Q2 FY27); ₹4,052.77 (Q1 FY27); ₹3,846.27 (Q2 FY26)
  • Earnings Per Share (Basic/Diluted): ₹3.50/₹3.50 (Q2 FY27); ₹3.28/₹3.28 (Q1 FY27); ₹3.12/₹3.11 (Q2 FY26)
Half-Yearly Comparison (H1 FY27 vs H1 FY26)
  • Total Income: ₹63,743.37 (H1 FY27); ₹52,323.37 (H1 FY26)
  • Profit Before Tax: ₹11,477.60 (H1 FY27); ₹12,261.41 (H1 FY26)
  • Profit After Tax: ₹8,372.30 (H1 FY27); ₹9,031.12 (H1 FY26)
  • Earnings Per Share (Basic/Diluted): ₹6.78/₹6.78 (H1 FY27); ₹7.32/₹7.31 (H1 FY26)
Balance Sheet Highlights (Standalone) as at September 30, 2026 (Unaudited) vs March 31, 2026 (Audited)
  • Total Assets: ₹275,144.09 lakhs (Sep-26); ₹257,117.84 lakhs (Mar-26)
  • Equity Share Capital: ₹2,469.16 lakhs (both periods)
  • Reserves: ₹202,458.06 lakhs (Sep-26); ₹197,334.08 lakhs (Mar-26)
  • Total Equity: ₹204,927.22 lakhs (Sep-26); ₹199,803.24 lakhs (Mar-26)
  • Non-Current Liabilities: ₹30,068.51 lakhs (Sep-26); ₹24,274.26 lakhs (Mar-26)
  • Current Liabilities: ₹57,314.60 lakhs (Sep-26); ₹33,040.34 lakhs (Mar-26)

Consolidated Financial Performance (Rs. in Lakhs)

Quarterly Comparison (Q2 FY27 vs Q1 FY27 vs Q2 FY26)
  • Total Income: ₹30,161.02 (Q2 FY27); ₹33,280.52 (Q1 FY27); ₹23,956.17 (Q2 FY26)
  • Revenue from Operations: ₹29,735.90 (Q2 FY27); ₹32,719.81 (Q1 FY27); ₹23,318.35 (Q2 FY26)
  • Other Income: ₹425.12 (Q2 FY27); ₹560.71 (Q1 FY27); ₹637.82 (Q2 FY26)
  • Profit Before Tax: ₹4,572.72 (Q2 FY27); ₹4,421.93 (Q1 FY27); ₹3,990.68 (Q2 FY26)
  • Tax Expense: ₹1,439.56 (Q2 FY27); ₹1,386.49 (Q1 FY27); ₹1,086.80 (Q2 FY26)
  • Profit After Tax: ₹3,133.16 (Q2 FY27); ₹3,035.44 (Q1 FY27); ₹2,903.88 (Q2 FY26)
  • Profit Attributable to Owners: ₹3,206.18 (Q2 FY27); ₹3,067.68 (Q1 FY27); ₹2,909.15 (Q2 FY26)
  • Earnings Per Share (Basic/Diluted): ₹2.60/₹2.60 (Q2 FY27); ₹2.48/₹2.48 (Q1 FY27); ₹2.36/₹2.36 (Q2 FY26)
Half-Yearly Comparison (H1 FY27 vs H1 FY26)
  • Total Income: ₹63,441.54 (H1 FY27); ₹54,015.05 (H1 FY26)
  • Profit Before Tax: ₹8,994.65 (H1 FY27); ₹9,791.22 (H1 FY26)
  • Profit After Tax: ₹6,168.60 (H1 FY27); ₹6,918.18 (H1 FY26)
  • Profit Attributable to Owners: ₹6,273.86 (H1 FY27); ₹6,928.12 (H1 FY26)
  • Earnings Per Share (Basic/Diluted): ₹5.08/₹5.08 (H1 FY27); ₹5.61/₹5.61 (H1 FY26)
Balance Sheet Highlights (Consolidated) as at September 30, 2026 (Unaudited) vs March 31, 2026 (Audited)
  • Total Assets: ₹282,745.60 lakhs (Sep-26); ₹268,360.58 lakhs (Mar-26)
  • Equity Share Capital: ₹2,469.16 lakhs (both periods)
  • Reserves: ₹193,859.09 lakhs (Sep-26); ₹190,969.81 lakhs (Mar-26)
  • Equity Attributable to Owners: ₹196,328.25 lakhs (Sep-26); ₹193,438.97 lakhs (Mar-26)
  • Non-Controlling Interest: (₹249.97) lakhs (Sep-26); (₹144.71) lakhs (Mar-26)
  • Non-Current Liabilities: ₹37,354.43 lakhs (Sep-26); ₹31,231.30 lakhs (Mar-26)
  • Current Liabilities: ₹49,312.89 lakhs (Sep-26); ₹43,690.31 lakhs (Mar-26)

Cash Flow Statements

Standalone Cash Flows (H1 FY27 vs H1 FY26)
  • Net Cash from Operating Activities: ₹14,190.29 lakhs (H1 FY27); ₹12,685.95 lakhs (H1 FY26)
  • Net Cash from Investing Activities: (₹14,183.83) lakhs (H1 FY27); (₹7,738.67) lakhs (H1 FY26)
  • Net Cash from Financing Activities: ₹2,050.01 lakhs (H1 FY27); (₹4,766.22) lakhs (H1 FY26)
  • Net Change in Cash: ₹2,056.47 lakhs (H1 FY27); ₹181.06 lakhs (H1 FY26)
  • Cash at End of Period: ₹4,395.25 lakhs (Sep-26); ₹2,338.78 lakhs (Mar-26)
Consolidated Cash Flows (H1 FY27 vs H1 FY26)
  • Net Cash from Operating Activities: ₹11,731.76 lakhs (H1 FY27); ₹9,104.00 lakhs (H1 FY26)
  • Net Cash from Investing Activities: (₹12,470.44) lakhs (H1 FY27); (₹6,200.87) lakhs (H1 FY26)
  • Net Cash from Financing Activities: ₹1,436.78 lakhs (H1 FY27); (₹2,934.63) lakhs (H1 FY26)
  • Net Change in Cash: ₹698.10 lakhs (H1 FY27); (₹31.50) lakhs (H1 FY26)
  • Cash at End of Period: ₹4,820.82 lakhs (Sep-26); ₹4,122.72 lakhs (Mar-26)

Key Notes to Financial Results

1. Business Overview: Archean Chemical Industries Limited is primarily engaged in the manufacture of marine chemicals, with its manufacturing facility located in Gujarat.

2. Segment Information: The Company operates in one business segment - manufacture of Speciality chemicals (Standalone). The Group is primarily engaged in Speciality chemicals and investments in chemical derivative and advanced-material activities, including semiconductor-related activities through SiCSem Private Limited (which has not commenced commercial transactions). The Group has a single operating segment.

3. Land Lease Arrangement: The Company has an expired land lease MOU with the Government of Gujarat (expired July 31, 2018) and has applied for renewal. Management is confident of obtaining renewal for up to 30 years based on GoG Circular No. 1597/1372(@ dated October 9, 2017. Useful lives of PPE and ROU assets are determined considering lease renewal. Refundable security NSC deposits of ₹94.97 lakhs remain with GoG.

4. Subsidiaries: The consolidated results include:

  • Acume Chemicals Private Limited
  • Idealis Chemicals Private Limited
  • Idealis Mudchemie Private Limited (step-down subsidiary)
  • Neun Infra Private Limited
  • SiCSem Private Limited (step-down subsidiary)

5. Corporate Actions: Reverse merger between Idealis Chemicals Private Limited and its subsidiary Idealis Mudchemie Private Limited is in process under section 233 of Companies Act, 2013.

6. Semiconductor Initiative: SiCSem Private Limited entered into a Fiscal Support Agreement with India Semiconductor Mission and Government of Odisha in May 2026, potentially eligible for fiscal support of up to 75% of eligible capital expenditure.

7. Limited Review Scope: The review report notes that the financial results of two subsidiaries and one step-down subsidiary (with total assets of ₹69,338.17 lakhs) were not reviewed but are not material to the Group.

Additional Information

The complete financial results are available on the company's website (www.archeanchemicals.com) and stock exchange websites (www.nseindia.com and www.bseindia.com).