Summary of Key Information:
Reporting Period (Quarter/Year): Quarter ended June 30, 2026 (Q1 FY27)
Nature of Filing / Announcement: Unaudited Financial Results (Standalone and Consolidated) under SEBI LODR Regulations 30 and 33
Audit Opinion:
Clean (Unmodified). The statutory auditors, Deloitte Haskins & Sells, issued a limited review report with no adverse findings.
Auditor’s Comment:
The auditors concluded that nothing has come to their attention causing them to believe the financial results contain any material misstatement or fail to disclose information as required by SEBI LODR Regulations.
Key Financial Highlights [Rs. in Crores]
Standalone Results:
Revenue from Operations: ₹3,659.64 crore (Q1 FY26: ₹3,348.85 crore; QoQ: ₹3,211.70 crore)
- Sale of Products: ₹3,645.20 crore
- Other Operating Revenue: ₹14.44 crore
Total Income: ₹3,688.49 crore
EBITDA: ₹347.26 crore
Net Profit: ₹711.43 crore (Q1 FY26: ₹96.73 crore; Q4 FY26: ₹370.99 crore)
EPS (after exceptional item): ₹45.62 (Face value ₹2 per share)
Other Equity: Not explicitly stated in standalone results
Cash and Cash Equivalents: Not explicitly stated in standalone results
Debt: Not explicitly stated in standalone results
Consolidated Results:
Revenue from Operations: ₹3,784.67 crore (Q1 FY26: ₹3,455.18 crore; QoQ: ₹3,373.03 crore)
Total Income: Not separately stated for consolidated
EBITDA: ₹364.18 crore
Net Profit: ₹693.44 crore (Attributable to owners: ₹692.75 crore; Non-controlling interest: ₹0.69 crore)
EPS (after exceptional item): ₹44.42 (Face value ₹2 per share)
Other Equity: Not explicitly stated in consolidated results
Cash and Cash Equivalents: Not explicitly stated in consolidated results
Debt: Not explicitly stated in consolidated results
Segment-wise Performance [Rs. in Crores]:
- Chemicals and Vinyl: Revenue ₹1,391.84 crore; Segment Profit ₹242.63 crore
- Sugar and Ethanol: Revenue ₹1,031.62 crore; Segment Loss (₹9.29) crore
- Fenesta Building Systems: Revenue ₹303.08 crore; Segment Profit ₹30.59 crore
- Shriram Farm Solutions: Revenue ₹357.32 crore; Segment Profit ₹27.92 crore
- Fertiliser: Revenue ₹432.67 crore; Segment Profit ₹19.47 crore
- Bioseed: Revenue ₹209.80 crore; Segment Loss (₹10.91) crore
- Others: Revenue ₹80.59 crore; Segment Loss (₹6.00) crore
Corporate Actions:
Dividend: Not declared
Share Split/Bonus/Buyback: Not announced
Capital Raising: Not announced
Other Significant Information:
Exceptional Items (Standalone): Net gain of ₹106.03 crore, comprising:
- ₹38.34 crore gain on sale of 50% stake in Shriram Polytech Limited to Teknor Apex B.V.
- ₹67.68 crore gain on sale of surplus land at Mokila village related to Bioseed business
- Reversal of ₹31.62 crore provision related to Labour codes from Q4 FY26
Tax Adjustments: Reversal of tax provisions totaling ₹474.30 crore due to a favorable Income Tax Appellate Tribunal (ITAT) ruling dated July 3, 2026, on a claim under Section 80-IA of the Income Tax Act, 1961 for FY 2021-22. This includes reversal of current tax provision of ₹98.05 crore and recognition of deferred tax asset (MAT credit) of ₹376.25 crore for FYs 2020-21 to 2025-26.
Seasonality Note: Some business segments are seasonal, impacting quarterly results.
Key Ratios (Standalone):
- Debt Equity Ratio: 0.21 times
- Current Ratio: 1.57 times
- Operating Margin: 9.30%
- Net Profit Margin: 20.77%
Key Ratios (Consolidated):
- Debt Equity Ratio: 0.20 times
- Current Ratio: 1.60 times
- Operating Margin: 9.49%
- Net Profit Margin: 19.54%