Financial Performance Highlights
BASF India Limited reported standalone revenue of ₹149.9 billion for FY26, with profit after tax of ₹4.2 billion. The Board recommended a dividend of ₹25 per equity share (250%), representing an increase from ₹20 per share in FY25. Consolidated revenue stood at ₹149.4 billion with PAT of ₹4.2 billion. The company maintained zero borrowings and incurred capital expenditure of ₹2.13 billion during the year.
Corporate Restructuring and Divestments
The company approved two major corporate actions: the demerger of its Agricultural Solutions business into BASF Agricultural Solutions India Limited (issuing 1 equity share for every 1 equity share held) and the divestment of its 100% stake in coatings subsidiary BASF India Coatings Private Limited to Carlyle Group companies for ₹2.3 billion. The demerger received no-objection from BSE and NSE, with NCLT approval expected by end-2026/early-2027.
Segment Performance and Operations
Agricultural Solutions faced revenue pressure from generic competition and low market sentiments, partially offset by new products. Materials segment showed volume growth despite margin pressures. Industrial Solutions improved profitability through higher volumes, while Nutrition & Care faced oversupply challenges. The company invested in renewable energy partnerships, acquiring 26% stake in Clean Max Amalfi Private Limited for captive power generation.
82nd Annual General Meeting Details
The AGM is scheduled for August 12, 2026, through video conferencing. Key agenda items include adoption of FY26 financial statements, declaration of ₹25 dividend, reappointment of directors Pradip P. Shah and Dr. Ramkumar Dhruva, ratification of cost auditor remuneration (₹18.91 lakh), and approval of material related party transaction limits with BASF Hong Kong Limited (₹4,500 crore) and BASF South East Asia Pte Ltd (₹2,600 crore).
Regulatory Compliance and Governance
The company maintained 'CRISIL AAA/Stable' credit rating with all independent directors meeting independence criteria. CSR obligation of ₹129.3 million was partially spent (₹40.7 million), with balance deposited in CSR account. No sexual harassment complaints or material frauds were reported. The company faced contingent liabilities of ₹2.36 billion primarily from tax matters under appeal.
Shareholding and Corporate Calendar
Share transfer books will close from July 31 to August 5, 2026, with remote e-voting available from August 9-11, 2026. The company transferred ₹6.30 lakh of unpaid FY18 dividend along with 36,059 equity shares to IEPF. Future IEPF transfer dates are scheduled through 2032 for subsequent unclaimed dividends.