Summary of Key Information:

Reporting Period (Quarter/Year): Quarter and Half Year ended September 30, 2026 (Q2 FY27)

Nature of Filing / Announcement: Regulatory filing pursuant to Regulation 30 and 33 of SEBI LODR

Audit Opinion:

Clean opinion. The statutory auditors, Shah Mehta & Bakshi Chartered Accountants (Firm Registration No: 103824W), issued an unqualified limited review report.

Auditor’s Comment:

The review report states: "Based on our review conducted above, nothing has come to our attention that causes us to believe that the accompanying Statement... contains any material misstatement."

Key Financial Highlights [in ₹ Lakhs]:

Standalone Results:

Quarter Ended September 30, 2026 (Q2 FY27):

  • Revenue From Operations: ₹6,544.88 (vs. ₹5,371.42 in Q2 FY26; +21.9% YoY) (vs. ₹6,648.68 in Q1 FY27; -1.6% QoQ)
  • Other Income: ₹355.57
  • Total Income: ₹6,900.45
  • Net Profit: ₹751.90 (vs. ₹574.65 in Q2 FY26; +30.8% YoY) (vs. ₹1,096.29 in Q1 FY27; -31.4% QoQ)
  • EPS: ₹2.05 (Basic and Diluted)

Half Year Ended September 30, 2026 (H1 FY27):

  • Revenue From Operations: ₹13,193.56 (vs. ₹10,723.22 in H1 FY26; +23.0% YoY)
  • Other Income: ₹727.96
  • Total Income: ₹13,921.52
  • Net Profit: ₹1,848.19 (vs. ₹1,213.36 in H1 FY26; +52.3% YoY)
  • EPS: ₹5.05 (Basic and Diluted)

Profitability Analysis:

  • Profit Before Tax (Q2): ₹1,012.24 (vs. ₹794.22 YoY; +27.4%) (vs. ₹1,455.18 QoQ; -30.4%)
  • Tax Expense (Q2): ₹260.34

Balance Sheet Items (as of September 30, 2026):

  • Equity Share Capital: ₹3,663.07
  • Other Equity: ₹44,116.82
  • Cash and Cash Equivalents: ₹1,128.21
  • Total Borrowings (Current + Non-Current): ₹2,725.70 (Current) + ₹0.00 (Non-Current) = ₹2,725.70

Consolidated Results:

Not Applicable. The company has no subsidiary, associate, or joint venture company as of September 30, 2026. Results are presented on a standalone basis only.

Segment-wise Performance:

The company is in the business of manufacturing Specialty Chemicals. There is only one reportable segment in accordance with Ind AS 108.

Corporate Actions:

Dividend: The Board considered a proposal for the declaration of a dividend but unanimously decided not to proceed with the proposal. No dividend was declared or recommended.

Other Significant Information:

Assets and Liabilities (Standalone) as of September 30, 2026 [in ₹ Lakhs]:

  • Total Assets: ₹53,757.50
  • Non-Current Assets: ₹21,916.78 (including Property, Plant & Equipment: ₹18,994.99; Capital Work-in-Progress: ₹2,102.01)
  • Current Assets: ₹31,840.72 (including Inventories: ₹6,540.04; Trade Receivables: ₹4,209.34; Cash & Cash Equivalents: ₹1,128.21; Other Bank Balances: ₹16,831.19)
  • Total Equity: ₹47,779.89
  • Total Liabilities: ₹5,977.61

Cash Flow (H1 FY27) [in ₹ Lakhs]:

  • Net Cash from Operating Activities: ₹4,309.02
  • Net Cash from Investing Activities: ₹901.96
  • Net Cash from Financing Activities: (₹5,121.39) [primarily from repayment of short-term borrowings (₹2,580.49) and payment of dividends (₹2,381.00)]
  • Net Increase in Cash: ₹89.59