Financial Results (Standalone)

Income Statement (Rs. in Lakh):

  • Quarter ended September 2026: Revenue from Operations: ₹38,030.18; Other Income: ₹370.92; Total Revenue: ₹38,401.11
  • Quarter ended June 2026: Revenue from Operations: ₹36,731.00; Other Income: ₹144.00; Total Revenue: ₹36,875.00
  • Quarter ended September 2025: Revenue from Operations: ₹26,721.16; Other Income: ₹476.16; Total Revenue: ₹27,197.32
  • Half Year ended September 2026: Total Revenue: ₹75,276.11
  • Half Year ended September 2025: Total Revenue: ₹55,847.58
  • Year Ended March 2026: Total Revenue: ₹1,14,641.52 (Audited)

Profitability:

  • Q2 FY26 Profit before tax: ₹915.17
  • Q2 FY26 Tax Expense: Current Tax: ₹226.92; Deferred Tax: ₹5.26
  • Q2 FY26 Profit for the period: ₹683.00
  • Q2 FY26 Earnings per Share (Basic & Diluted): ₹0.98
  • Half Year FY26 Profit for the period: ₹3,745.77
  • Half Year FY26 Earnings per Share (Basic): ₹5.16; (Diluted): ₹5.12

Balance Sheet (Standalone as at 30th September 2026):

  • Total Assets: ₹1,08,254.09 Lakh
  • Equity Share Capital: ₹3,629.38 Lakh (Face Value: ₹5/-)
  • Other Equity: ₹38,838.43 Lakh
  • Total Borrowings (Non-current + Current): ₹35,616.06 Lakh

Financial Results (Consolidated)

Income Statement (Rs. in Lakh):

  • Quarter ended September 2026: Revenue from Operations: ₹38,506.32; Other Income: ₹390.71; Total Revenue: ₹38,897.02
  • Quarter ended September 2026 Profit for the period: ₹859.75 (Attributable to Owners: ₹797.28; NCI: ₹94.42)
  • Quarter ended September 2026 Earnings per Share (Basic): ₹1.23; (Diluted): ₹1.22

Significant Events and Disclosures

1. Employee Stock Options: The company granted 560,000 Employee Stock Options under the Indo Amines Limited Employee Stock Option Plan 2025. For the quarter ended September 30, 2026, an amount of ₹74.05 Lakh was recognised as an employee compensation expense in respect of this ESOP grant.

2. Fire Incident (Historical): A fire occurred on June 12, 2024, at the company's W-35 plant in Dombivli, damaging inventory and property. The cost of destroyed inventory is ₹260.30 Lakh, and the cost of repairing/replacing damaged property (including book value of PP&E) is ₹336.46 Lakh. These amounts are shown as receivables from the insurance company.

3. Regulatory Closure Order: The company received a Closure Directions letter dated July 21, 2026, from the Gujarat Pollution Control Board (GPCB) under the Water Act and Air Act, directing the closure of its manufacturing plant in Vadodara, Gujarat. Subsequently, revocation letters dated August 11, 2026, were received from the GPCB, permitting the resumption of operations subject to compliance with conditions. The disclosure states there is no material financial impact from this event in the current quarter.

4. Segment Reporting: The company operates primarily in one business segment: the manufacturing of Chemicals. No segment reporting is provided.

5. Subsidiaries: The consolidated results include the following subsidiaries:

  • Indo Specialty Chemicals Pvt Ltd. (formerly Ashok Surfactants Private Ltd.)
  • Indo Amines Americas LLC
  • Indo Amines (Europe) Ltd
  • Indo Amines (Changzhou) Co Ltd
  • Indo Amines (Malaysia) SDN BHD

Audit Review

The unaudited financial results were reviewed by the Audit Committee and approved by the Board of Directors on November 06, 2026. The statutory auditors, Kulkarni & Khanolkar Chartered Accountants, have carried out a limited review and expressed an unmodified opinion. The financial statements are prepared in accordance with Indian Accounting Standards (Ind AS).