Board Meeting Details

The Board of Directors meeting was held on Saturday, October 24, 2026. The meeting commenced at 12:30 pm and concluded at 1:55 pm.

Key Outcomes Approved

1. Financial Results: Approved the standalone and consolidated un-audited financial results for the quarter and half-year ended September 30, 2026.

2. Director Appointment: Approved the appointment of Mrs. Mamta Nirmal Shah (DIN: 07831153) as a Non-Executive Non-Independent Director of the Company with effect from October 24, 2026.

3. Postal Ballot: Approved the Postal Ballot Notice containing an ordinary resolution seeking approval of members through remote e-voting for the appointment of Mrs. Mamta Nirmal Shah.

Postal Ballot Schedule

  • Remote e-voting period: November 1, 2026 (9:00 a.m.) to November 30, 2026 (5:00 p.m.)
  • Cut-off date for determining eligible members: October 26, 2026

Consolidated Financial Results (₹ in lakhs)

Quarterly Performance (Q2 FY27 vs Q2 FY26)

  • Revenue from operations: ₹9,576.93 (vs ₹7,303.98 in Q2 FY26)
  • Total Income: ₹9,586.36 (vs ₹7,344.72 in Q2 FY26)
  • Profit before tax: ₹700.89 (vs ₹961.17 in Q2 FY26)
  • Profit for the period: ₹326.02 (vs ₹719.21 in Q2 FY26)
  • Basic EPS: ₹1.21 (vs ₹2.69 in Q2 FY26)

Half-Yearly Performance (H1 FY27 vs H1 FY26)

  • Revenue from operations: ₹18,225.15 (vs ₹13,842.08 in H1 FY26)
  • Total Income: ₹18,512.87 (vs ₹14,152.42 in H1 FY26)
  • Profit before tax: ₹1,979.21 (vs ₹1,941.14 in H1 FY26)
  • Profit for the period: ₹1,281.01 (vs ₹1,346.22 in H1 FY26)
  • Basic EPS: ₹4.75 (vs ₹5.02 in H1 FY26)

Key Expense Items (H1 FY27)

  • Cost of materials consumed: ₹8,936.42
  • Employee benefit expenses: ₹3,137.42
  • Finance costs: ₹32.08
  • Depreciation and amortization: ₹243.29
  • Other expenses: ₹2,762.67

Consolidated Assets and Liabilities (as of September 30, 2026)

  • Total Assets: ₹26,927.48 lakhs
  • Total Equity: ₹21,711.12 lakhs
  • Non-current liabilities: ₹512.93 lakhs
  • Current liabilities: ₹4,703.42 lakhs
  • Property, plant and equipment: ₹2,127.81 lakhs
  • Inventories: ₹2,882.84 lakhs
  • Trade receivables: ₹11,952.64 lakhs
  • Cash and cash equivalents: ₹706.75 lakhs

Standalone Financial Results (₹ in lakhs)

Quarterly Performance (Q2 FY27 vs Q2 FY26)

  • Revenue from operations: ₹1,952.77 (vs ₹1,448.62 in Q2 FY26)
  • Profit before tax: ₹440.50 (vs ₹299.08 in Q2 FY26)
  • Profit for the period: ₹335.59 (vs ₹283.94 in Q2 FY26)
  • Basic EPS: ₹1.25 (vs ₹1.06 in Q2 FY26)

Half-Yearly Performance (H1 FY27 vs H1 FY26)

  • Revenue from operations: ₹3,796.50 (vs ₹3,298.18 in H1 FY26)
  • Profit before tax: ₹777.89 (vs ₹556.08 in H1 FY26)
  • Profit for the period: ₹606.02 (vs ₹396.06 in H1 FY26)
  • Basic EPS: ₹2.25 (vs ₹1.47 in H1 FY26)

Director Appointment Details

  • Name: Mrs. Mamta Nirmal Shah
  • DIN: 07831153
  • Position: Non-Executive Non-Independent Director
  • Effective Date: October 24, 2026
  • Profile: Graduate in Psychology, PGDBA, qualified Early Childhood Educator, certified counsellor, entrepreneur and educator with experience in founding and managing preschool and after-school learning centers.
  • Relationship: Spouse of Mr. Nirmal Shah (Chairman and Managing Director) and member of the Promoter Group.
  • Compliance: Not debarred from holding director office by SEBI or any other authority.

Subsidiary Information

The consolidated results include the following entities:

  • Chembond Water Technologies Limited (Subsidiary)
  • Chembond Distribution Limited (Subsidiary)
  • Chembond Calvatis Industrial Hygiene Systems Limited (Subsidiary)
  • Chembond Water Technologies (Malaysia) Sdn. Bhd. (Step-down Foreign Subsidiary)
  • Chembond Water Technologies (Thailand) Limited (Step-down Foreign Subsidiary)

Auditor Review

The unaudited financial results were reviewed by S H B A & CO LLP (formerly Bathiya & Associates LLP), Chartered Accountants (Firm Registration No. 101046W / W100063).

Labour Code Impact

The Government of India's new Labour Codes effective from November 21, 2025, have resulted in an incremental impact of ₹314.90 lakhs on employee benefit expenses for the consolidated entity and ₹38.94 lakhs for the standalone entity, recognized in the financial results for the year ended March 31, 2026.

Tax Structure

The Group has opted for the tax structure under Section 200 of the Income Tax Act, 2025, except for one subsidiary company which continues with the existing tax structure.

Additional Information

The figures for corresponding previous periods have been restated/regrouped, rearranged and reclassified wherever necessary to make them comparable.