Board Meeting Details

The Board of Directors meeting was held on October 28, 2026, commencing at 11:32 AM and concluding at 1:15 PM. The meeting approved the standalone and consolidated unaudited financial results for the quarter and half year ended September 30, 2026.

Trading Window Closure

Pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window for directors and designated employees was closed from October 1, 2026, and will reopen on October 31, 2026.

Standalone Financial Results (₹ in Lakhs)

Quarterly Performance (Q2 FY27):

  • Revenue from Operations: ₹984.37
  • Other Income: ₹84.26
  • Total Income: ₹1,068.63
  • Total Expenses: ₹1,238.21
  • Loss Before Tax: (₹169.58)
  • Tax Expense: Nil
  • Net Loss: (₹169.58)
  • Other Comprehensive Income: (₹27.80)
  • Total Comprehensive Income: (₹197.39)
  • Basic EPS: (₹1.69)
  • Diluted EPS: (₹1.69)

Half-Year Performance (H1 FY27):

  • Revenue from Operations: ₹2,421.22
  • Other Income: ₹152.33
  • Total Income: ₹2,573.55
  • Total Expenses: ₹2,715.81
  • Loss Before Tax: (₹142.26)
  • Tax Expense: Nil
  • Net Loss: (₹142.26)
  • Other Comprehensive Income: ₹100.41
  • Total Comprehensive Income: (₹41.85)
  • Basic EPS: (₹1.42)
  • Diluted EPS: (₹1.42)

Comparative Figures (Q2 FY26):

  • Revenue from Operations: ₹930.23
  • Other Income: ₹78.05
  • Total Income: ₹1,008.28
  • Total Expenses: ₹1,402.69
  • Loss Before Tax: (₹394.41)
  • Tax Expense: (₹23.97)
  • Net Loss: (₹370.44)
  • Other Comprehensive Income: (₹69.68)
  • Total Comprehensive Income: (₹440.12)
  • Basic EPS: (₹3.79)
  • Diluted EPS: (₹3.79)

Standalone Cash Flow Statement (H1 FY27, ₹ in Lakhs)

  • Cash Flow from Operating Activities: ₹525.89
  • Cash Flow from Investing Activities: ₹858.65
  • Cash Flow from Financing Activities: (₹821.22)
  • Net Increase in Cash: ₹563.31
  • Cash & Cash Equivalents at period end: ₹579.04

Standalone Balance Sheet (as at September 30, 2026, ₹ in Lakhs)

  • Total Assets: ₹17,277.28
  • Total Equity: ₹16,324.28
  • Equity Share Capital: ₹1,005.55
  • Other Equity: ₹15,318.73
  • Total Liabilities: ₹953.00

Business Segment Update

Pursuant to Board approval on August 5, 2026, the Company has discontinued its trading operations in the Fruits & Vegetables segment. As there have been no transactions in this segment for over a year and no future transactions are expected, the Company now operates solely in the Specialty Chemicals segment.

ESOP Activity

During the quarter ended September 30, 2026:

  • The Nomination and Remuneration Committee approved Grant No. 15 for 2,000 stock options and Grant No. 16 for 1,000 stock options on August 4, 2026
  • The Company allotted 2,127 equity shares of face value ₹10 each to eligible employees upon exercise of vested stock options
  • Employee Stock Option Expenses: ₹7.25 lakh (H1 FY27)
  • The issued, subscribed and paid-up equity share capital increased from ₹1,005.34 lakh to ₹1,005.55 lakh

Consolidated Financial Results (₹ in Lakhs)

Quarterly Performance (Q2 FY27):

  • Revenue from Operations: ₹986.84
  • Other Income: ₹58.70
  • Total Income: ₹1,045.54
  • Total Expenses: ₹1,259.00
  • Loss Before Tax: (₹213.46)
  • Share of Loss of Associate: (₹6.33)
  • Net Loss: (₹219.79)
  • Other Comprehensive Income: (₹27.80)
  • Total Comprehensive Income: (₹247.59)
  • Basic EPS: (₹2.19)
  • Diluted EPS: (₹2.19)

Half-Year Performance (H1 FY27):

  • Revenue from Operations: ₹2,424.04
  • Other Income: ₹109.73
  • Total Income: ₹2,533.77
  • Total Expenses: ₹2,751.99
  • Loss Before Tax: (₹218.22)
  • Share of Loss of Associate: (₹11.90)
  • Net Loss: (₹230.12)
  • Other Comprehensive Income: ₹100.41
  • Total Comprehensive Income: (₹129.71)
  • Basic EPS: (₹2.29)
  • Diluted EPS: (₹2.29)

Subsidiary and Associate Performance

DACL Fine Chem Limited (Wholly-owned subsidiary):

  • Total Assets: ₹1,824.71 lakh
  • Total Revenue: ₹2.82 lakh (H1 FY27)
  • Net Loss: (₹73.24) lakh (H1 FY27)
  • Total Comprehensive Income: (₹73.24) lakh (H1 FY27)
  • Net Cash Outflow: (₹0.07) lakh (H1 FY27)

KU Organic Diamines Limited (Associate):

  • Share of Net Loss: (₹11.90) lakh (H1 FY27)
  • Share of Total Comprehensive Income: (₹11.90) lakh (H1 FY27)

Auditor Review

The unaudited financial results were reviewed by KC Mehta & Co LLP, Chartered Accountants (Firm Registration No. 106237W/W100829), who issued an unmodified review conclusion stating nothing has come to their attention that causes them to believe the statements contain material misstatements.