Board Meeting Details

The Board of Directors meeting was held on Friday, 6th November, 2026, commencing at 11:15 AM IST and concluding at 02:30 PM IST.

Key Decisions Approved

1. Financial Results Approval

  • Standalone Unaudited Financial Results for quarter and half year ended 30th September, 2026
  • Consolidated Unaudited Financial Results for quarter and half year ended 30th September, 2026
  • The results were reviewed by statutory auditors M M Nissim & Co LLP who issued unmodified review reports

2. Management Appointment

  • Ms. Srishti Gour (ACS 73656) appointed as Company Secretary and Compliance Officer
  • Effective from 6th November, 2026
  • Profile: Associate Member of ICSI, B.Com (Economics) and LL.B. graduate with experience in corporate secretarial, governance and regulatory compliance functions

Financial Performance Highlights

Standalone Results (Figures in ₹ Lakhs)

Quarter Ended 30-09-2026:

  • Revenue from operations: ₹8,768.35
  • Other Income: ₹356.13
  • Total Revenue: ₹9,124.58
  • Profit before tax: ₹1,428.70
  • Tax Expense: ₹379.97 (Income Tax: ₹348.50 + Deferred Tax: ₹31.47)
  • Net Profit: ₹1,048.73
  • EPS: ₹2.06 (Basic & Diluted)

Half Year Ended 30-09-2026:

  • Revenue from operations: ₹17,676.42
  • Other Income: ₹461.82
  • Total Revenue: ₹18,138.24
  • Profit before tax: ₹2,842.65
  • Tax Expense: ₹753.27 (Income Tax: ₹803.53 + Deferred Tax: ₹(50.26))
  • Net Profit: ₹2,089.38
  • EPS: ₹4.10 (Basic & Diluted)

Comparative Performance (YoY):

  • Q2 Revenue growth: 4.4% (from ₹8,397.60 in Q2 FY26)
  • Q2 Net Profit growth: 136.7% (from ₹443.06 in Q2 FY26)
  • H1 Revenue growth: 22.9% (from ₹14,382.55 in H1 FY26)
  • H1 Net Profit growth: 140.9% (from ₹867.23 in H1 FY26)

Consolidated Results (Figures in ₹ Lakhs)

Quarter Ended 30-09-2026:

  • Revenue from operations: ₹8,768.35
  • Net Profit from continuing operations: ₹1,048.73
  • Loss from discontinued operations: ₹(0.21)
  • Total Comprehensive Income: ₹1,048.45

Half Year Ended 30-09-2026:

  • Revenue from operations: ₹17,676.42
  • Net Profit from continuing operations: ₹2,089.38
  • Loss from discontinued operations: ₹(1.93)
  • Total Comprehensive Income: ₹2,090.95

Discontinued Operations

  • B.R. Chemicals Co. Limited (Japan) classified as discontinued operations
  • H1 FY26 loss: ₹1.93 lakhs with total comprehensive loss of ₹1.07 lakhs
  • Subsidiary undergoing winding up process approved on 31st July 2026

Balance Sheet Position (Standalone as at 30-09-2026)

  • Total Assets: ₹24,067.58 lakhs
  • Inventories: ₹6,793.02 lakhs (increased from ₹4,799.43 lakhs as at 31-03-2026)
  • Investments: ₹3,761.52 lakhs (increased from ₹2,000.51 lakhs)
  • Trade Receivables: ₹6,781.80 lakhs
  • Equity: ₹17,362.54 lakhs (Share Capital: ₹510.00 lakhs + Other Equity: ₹16,852.54 lakhs)

Cash Flow Highlights (Standalone H1 FY27)

  • Cash from operating activities: ₹3,565.74 lakhs
  • Cash used in investing activities: ₹(2,018.07) lakhs (mainly mutual fund purchases of ₹5,056.18 lakhs)
  • Cash used in financing activities: ₹(1,682.34) lakhs (mainly dividend payment of ₹1,657.50 lakhs)
  • Net decrease in cash: ₹(134.67) lakhs
  • Dividend paid: ₹1,657.50 lakhs

Segment Information

  • Single business segment: "Chemicals" as per Ind AS 108
  • No separate reportable segments

Additional Information

  • Company website: www.blackrosechemicals.com
  • Factory: Shree Laxmi Co-op. Industrial Estate Ltd., Hatkanangle, Dist. Kolhapur, Maharashtra