Board Meeting Details

The Board of Directors meeting was held on Friday, 31st July 2026, commencing at 11:30 AM IST and concluding at 2:47 PM IST.

Key Decisions Approved

1. Financial Results Approval

  • Approved Standalone and Consolidated Unaudited Financial Results for quarter ended 30th June 2026 pursuant to Regulation 33 of SEBI Listing Regulations
  • Financial results reviewed by Statutory Auditors MM Nissim & Co LLP who issued unmodified limited review reports

2. Interim Dividend Declaration

  • Declared interim dividend of ₹2 per equity share (200% on paid-up share capital) for FY 2026-27
  • Fixed Thursday, 6th August 2026 as Record Date for determining entitlement pursuant to Regulation 42

3. Annual General Meeting

  • Approved notice of 36th Annual General Meeting to be held on Wednesday, 9th September 2026 at 2:00 PM IST
  • Meeting to be conducted through Video Conferencing/Other Audio Visual Means as per MCA and SEBI circulars

4. Subsidiary Winding Up

  • Approved winding up of B.R. Chemicals Co. Limited, Japan (wholly owned subsidiary)
  • Closure not expected to have any material impact on consolidated financial performance
  • Upon completion, B.R. Chemicals Co. Limited will cease to be subsidiary
  • Winding up process expected to complete in 12 months, subject to regulatory approvals

Financial Performance Highlights (Standalone)

Quarter Ended 30th June 2026 (Unaudited)

  • Revenue from operations: ₹8,908.07 lakhs
  • Other Income: ₹105.59 lakhs
  • Total Revenue: ₹9,013.66 lakhs
  • Total Expenses: ₹7,599.71 lakhs
  • Profit before tax: ₹1,413.95 lakhs
  • Tax Expense: ₹373.30 lakhs (Current: ₹455.03 lakhs, Deferred: ₹(81.73) lakhs)
  • Net Profit: ₹1,040.65 lakhs
  • Earnings Per Share (Basic & Diluted): ₹2.04
  • Paid-up equity share capital: ₹510.00 lakhs (Face Value ₹1 per share)

Comparative Figures

  • Q1 FY26 Net Profit: ₹424.17 lakhs (YoY growth of 145%)
  • Q1 FY26 Revenue: ₹5,984.95 lakhs (YoY growth of 49%)
  • FY26 Annual Net Profit: ₹2,249.61 lakhs
  • FY26 Annual Revenue: ₹32,301.40 lakhs

Subsidiary Financial Impact

B.R. Chemicals Co. Limited, Japan contributed:

  • Turnover: Nil during last financial year
  • Networth: ₹15.58 lakhs (0.09% of consolidated networth)
  • Q1 FY26 results showed discontinued operations loss of ₹1.72 lakhs

Auditor Review

MM Nissim & Co LLP conducted limited review of both standalone and consolidated financial results and issued unmodified reports. For the foreign subsidiary, they relied on unaudited management-certified results as the subsidiary was not material to the Group.

Additional Information

  • Business falls under single primary segment: "Chemicals"
  • Figures prepared in accordance with Ind AS
  • Results reviewed by Audit Committee and approved by Board of Directors
  • Information available on company website: www.blackrosechemicals.com