Summary of Key Information:
Reporting Period (Quarter/Year): Quarter ended 30th June, 2026 (Q1 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting - Unaudited Financial Results
Audit Opinion:
Clean opinion - Deloitte Haskins & Sells LLP issued an unqualified review report stating nothing has come to their attention that causes them to believe the financial results contain any material misstatement.
Key Financial Highlights [Rs. in million]:
Standalone Results:
Revenue from Operations: ₹48,374.4 million (Q1 FY27) vs ₹37,517.8 million (Q1 FY26) - 29% YoY growth
Total Income: ₹48,602.8 million (Q1 FY27) vs ₹34,646.9 million (Q4 FY26) and ₹37,728.2 million (Q1 FY26)
Net Profit: ₹3,620.5 million (Q1 FY27) vs ₹635.8 million (Q4 FY26) and ₹1,471.5 million (Q1 FY26) - 469% YoY growth
EPS: ₹83.6 (after exceptional items) and ₹80.5 (before exceptional items)
Other Income: ₹228.4 million
Total Expenses: ₹43,791.7 million
Profit before exceptional items and tax: ₹4,811.1 million
Exceptional items: ₹181.5 million (Profit on sale of equity shares of wholly owned subsidiary)
Profit before tax: ₹4,992.6 million
Total Tax Expense: ₹1,372.1 million
Other Comprehensive Income: ₹53.3 million
Total Comprehensive Income: ₹3,673.8 million
Paid-up Equity Share Capital: ₹432.9 million (Face value ₹10 per share)
Weighted average number of equity shares: 4,32,84,958
Consolidated Results:
Revenue from Operations: ₹48,242.6 million
Total Income: ₹48,465.1 million
Net Profit: ₹3,602.9 million (from continuing and discontinued operations)
Net Profit from continuing operations: ₹3,478.2 million
Net Profit from discontinued operations: ₹124.7 million
EPS from continuing operations: ₹80.3
EPS from discontinued operations: ₹2.9
Total Comprehensive Income: ₹3,662.8 million
Segment-wise Performance [Rs. in million]:
Standalone Segment Revenue (Q1 FY27):
- Agricultural Solutions: ₹5,570.3
- Materials: ₹13,429.1
- Industrial Solutions: ₹9,998.9
- Nutrition & Care: ₹9,839.7
- Chemicals: ₹9,281.7
- Others: ₹254.7
Total Segment Revenue: ₹48,374.4
Standalone Segment Results (Profit before tax and interest):
- Agricultural Solutions: ₹774.9
- Materials: ₹2,126.9
- Industrial Solutions: ₹1,249.5
- Nutrition & Care: ₹110.6
- Chemicals: ₹961.2
- Others: ₹18.1
Total Segment Results: ₹5,241.2
Consolidated Segment Revenue from continuing operations (Q1 FY27):
Total: ₹48,242.6
Corporate Actions:
Dividend: Not specified
Share split/Bonus issue/Buyback: Not specified
Other Significant Information:
Sale of Coatings Business:
- BASF SE globally announced on October 10, 2025, the sale of its automotive coatings business to Carlyle and QIA
- Transaction completed on June 30, 2026, with BASF retaining 40% equity stake in Surventis (formerly BASF Coatings)
- BASF India Board approved sale of 100% equity in BASF India Coatings Private Limited to Carlyle Group companies on March 30, 2026
- Sale consideration: ₹2,301.6 million (as determined by independent valuer)
- Gain on sale: ₹181.5 million (net of expenses) recognized as exceptional item in current quarter
- BASF India Coatings Private Limited ceased to be a wholly owned subsidiary from June 30, 2026
Agricultural Solutions Demerger:
- Company acquired 100% equity of BASF Agricultural Solutions India Ltd from BASF SE on May 2, 2025
- Board approved Scheme of Arrangement for demerger of Agricultural Solutions Business on May 14, 2025
- Received no objection from BSE and NSE in January and February 2026
- NCLT order in April 2026 dispensed with creditors' meetings but required equity shareholders' meeting
- Equity shareholders meeting held on June 24, 2026, approved the scheme with requisite majority
- Transaction subject to receipt of requisite approvals
Entities in Consolidation:
Parent: BASF India Limited
Subsidiaries:
- BASF India Coatings Private Limited (up to June 30, 2026)
- BASF Agricultural Solutions India Limited
Exceptional Items:
Profit on sale of equity shares of wholly owned subsidiary: ₹181.5 million (Q1 FY27)
Segment Definitions:
- Agricultural Solutions: Crop Protection division (seasonal)
- Materials: Performance Materials and Monomers divisions
- Industrial Solutions: Dispersions & Resins and Performance Chemicals divisions
- Nutrition & Care: Care Chemicals and Nutrition & Health divisions
- Chemicals: Petrochemicals and Intermediates divisions
- Others: Activities not allocated to operating divisions, including divested businesses