Board Meeting Details

The Board of Directors meeting was held on October 22, 2026 through audio visual means, commencing at 03:30 PM and concluding at 04:15 PM.

Financial Results Approval

The Board considered and approved the Unaudited Financial Results for the quarter and six months ended September 30, 2026, including:

  • Statement of Unaudited Financial Results
  • Statement of Assets and Liabilities as at September 30, 2026
  • Statement of Cash Flows for six months ended September 30, 2026

The results were prepared under IND-AS in the format prescribed in SEBI Circular dated December 31, 2024.

Key Financial Figures (Quarter ended September 30, 2026)

  • Revenue from Operations: ₹16,692.38 lakhs (₹166.92 crore)
  • Other Income: ₹14.70 lakhs
  • Total Income: ₹16,707.08 lakhs
  • Total Expenses: ₹15,342.07 lakhs
  • Profit Before Tax: ₹1,365.01 lakhs (₹13.65 crore)
  • Tax Expense: ₹348.25 lakhs
  • Profit After Tax: ₹1,016.76 lakhs (₹10.17 crore)
  • Basic EPS: ₹8.07 (not annualized)
  • Diluted EPS: ₹8.07 (not annualized)

Half-Year Financial Performance (Six months ended September 30, 2026)

  • Revenue from Operations: ₹34,306.95 lakhs (₹343.07 crore)
  • Total Income: ₹34,356.40 lakhs
  • Profit Before Tax: ₹2,728.68 lakhs (₹27.29 crore)
  • Profit After Tax: ₹2,018.14 lakhs (₹20.18 crore)
  • Basic EPS: ₹16.02 (not annualized)
  • Diluted EPS: ₹16.02 (not annualized)

Comparative Performance

Quarterly comparison (YoY):

  • Revenue increased from ₹11,152.27 lakhs (Q2 FY26) to ₹16,692.38 lakhs (Q2 FY27)
  • Net profit increased from ₹77.22 lakhs (Q2 FY26) to ₹1,016.76 lakhs (Q2 FY27)

Half-year comparison (YoY):

  • Revenue increased from ₹24,258.58 lakhs (H1 FY26) to ₹34,306.95 lakhs (H1 FY27)
  • Net profit increased from ₹194.58 lakhs (H1 FY26) to ₹2,018.14 lakhs (H1 FY27)

Balance Sheet Position (as at September 30, 2026)

  • Total Assets: ₹39,843.09 lakhs
  • Total Equity: ₹28,182.68 lakhs
  • Paid-up Equity Share Capital: ₹1,259.59 lakhs (Face Value ₹10 each)
  • Other Equity: ₹26,923.09 lakhs
  • Total Liabilities: ₹11,660.41 lakhs

Cash Flow Statement (Six months ended September 30, 2026)

  • Net Cash from Operating Activities: ₹2,405.23 lakhs
  • Net Cash Used in Investing Activities: ₹(439.67) lakhs
  • Net Cash Used in Financing Activities: ₹(1,966.34) lakhs
  • Net Decrease in Cash: ₹(0.78) lakhs
  • Cash and Cash Equivalents at period end: ₹0.57 lakhs

Related Party Transaction Approval

The Board approved the purchase of 2 separate pieces of land (adjoining to the plant) from the Chairman & Managing Director and his relatives for ₹12.01 crore (exclusive of stamp duty and registration fees).

Key details of the transaction:

  • Parties: Shri Nahoosh Jariwala and his relatives
  • Purpose: Purchase of land admeasuring 6,182 square meters in aggregate
  • Size: ₹12.01 crores (exclusive of additional costs)
  • Shareholding: 6.07% considering entities in which he is interested
  • Nature: Related party transaction done at "arm's length" basis
  • Promoters of the Company

Auditor Review

M/s B S R and Co, Chartered Accountants (Firm Registration No.: 128510W) performed limited review and expressed an unmodified review conclusion on the financial results through report dated October 22, 2026.

Business Segment Information

The Company operates in one reportable segment - Speciality Chemicals (Oleo Chemicals and Intermediate Nutraceuticals).

Segment Revenue for Q2 FY27: ₹16,692.38 lakhs

Segment Results for Q2 FY27: ₹1,482.84 lakhs

Share Buyback Update

The Company completed a share buyback of 425,000 equity shares (3.26% of pre-buyback equity) at ₹800 per share for an aggregate amount not exceeding ₹34 crores. The buyback was approved on November 20, 2025, shareholder approval received on December 26, 2025, executed from January 8-14, 2026, and shares extinguished on January 27, 2026.

Exceptional Items

For year ended March 31, 2026, the Company recognized ₹88.27 lakhs as exceptional item related to additional employee benefit obligation due to implementation of new Labour Codes effective November 21, 2025.

Availability of Results

The unaudited financial results are available on the Company's website (www.fairchem.in), BSE website (www.bseindia.com), and NSE website (www.nseindia.com).