Company Overview

Chembond Chemicals Limited (BSE: 544450, NSE: CHEMBONDCH) reported strong financial performance for FY 2025-26, with the board approving standalone and consolidated results on May 16, 2026, and issuing notice for the 3rd Annual General Meeting scheduled for July 31, 2026.

Financial Performance

Standalone Results

Revenue from operations grew 6.12% to ₹7,364.75 lakhs from ₹6,940.04 lakhs in FY25. Net profit surged 72.33% to ₹1,038.90 lakhs from ₹602.86 lakhs, with basic EPS at ₹3.86 compared to ₹2.24 previously. Profit before tax increased 55.67% to ₹1,179.59 lakhs.

Consolidated Results

Consolidated revenue increased 11.59% to ₹32,615.06 lakhs (₹326 crores) from ₹29,227.34 lakhs. EBITDA rose 7.39% to ₹51 crores, while profit after tax grew 12.49% to ₹3,478.03 lakhs. The company maintained a zero debt-to-equity ratio and achieved 16.80% Return on Net Worth.

Dividend Declaration

The board recommended a final dividend of ₹1.25 per equity share (face value ₹5 each) aggregating ₹336.20 lakhs, subject to shareholder approval at the AGM. The record date is set for July 24, 2026, with payment to be made electronically within 5 days of AGM approval.

AGM Details and Voting

The 3rd AGM will be held on July 31, 2026, at 11:30 AM via video conference. Business includes adoption of financial statements, dividend declaration, re-appointment of Mr. Sameer V. Shah as director, and approval of material related party transactions totaling ₹55 crores for FY26-27 with subsidiaries Finor Piplaj (₹40cr), CCIHSL (₹5cr), and CWTL (₹10cr). Remote e-voting will be available from July 28-30, 2026.

Shareholding Changes

Significant changes occurred in promoter shareholding during FY26. Nirmal V. Shah's stake increased to 25.99% (69,91,413 shares) from 13.35%, while Sameer V. Shah's holding decreased to 1.45% (3,88,657 shares) from 12.54%. Total promoter holding stood at 45.13% (1,21,40,138 shares). Visan Holding Pvt. Ltd. held 9.75% (26,21,260 shares).

Subsidiary Performance

Key subsidiaries contributed significantly to consolidated performance:

  • Chembond Water Technologies Ltd: Turnover ₹26,490.57 lakhs, Net Profit ₹2,627.79 lakhs
  • Chembond Calvatis Industrial Hygiene Systems Ltd: Turnover ₹196.79 lakhs, Net Loss ₹(40.16) lakhs
  • Chembond Distribution Ltd: Turnover ₹2,145.92 lakhs, Net Profit ₹66.75 lakhs

Regulatory and Operational Updates

The company implemented new labour codes effective November 2025, recognizing an incremental impact of ₹38.94 lakhs on employee benefits. Compliance with SEBI Listing Regulations 30 and 34(1)(a) was maintained, including audit trail features in accounting software. The company completed a composite scheme of arrangement effective May 3, 2025, resulting in current paid-up capital of ₹13,44,82,880 (2,68,96,576 shares of ₹5 each).

Corporate Governance

The board comprises Mr. Nirmal V. Shah (Chairman & MD), Mr. Sameer V. Shah (Non-Executive Director), and four independent directors. Key managerial personnel include Mrs. Prachi Mahadik (CFO) and Mr. Kiran Mukadam (Company Secretary). Seven board meetings were held during FY25-26 with full director attendance.

Future Outlook

The company continues to focus on growth through its subsidiaries while maintaining strong corporate governance practices and compliance with regulatory requirements, positioning itself for sustained performance in the specialty chemicals sector.