Key Matters Approved:
1. Un-Audited (Standalone and Consolidated) financial results for the quarter ended June 30, 2026
2. Draft Postal Ballot Notice for seeking shareholders' approval for proposed resolutions
The financial results are available on the company's website at www.indoborax.com and on the websites of BSE Ltd and National Stock Exchange of India Ltd.
Financial Results (Standalone)
Quarter Ended June 30, 2026 (₹ in Lakhs)
- Revenue from Operations: 7,035.61 (vs 5,356.84 in Q1 FY26, +31.3% YoY)
- Other Income: 255.61 (vs 279.04 in Q1 FY26)
- Total Income: 7,291.22 (vs 5,635.88 in Q1 FY26)
- Cost of Materials Consumed: 3,518.02 (vs 2,767.12 in Q1 FY26)
- Employees Benefit Expense: 512.45 (vs 338.85 in Q1 FY26)
- Finance Cost: 4.89 (vs 0.02 in Q1 FY26)
- Depreciation & Amortization: 30.64 (vs 85.55 in Q1 FY26)
- Other Expenses: 1,045.43 (vs 1,081.44 in Q1 FY26)
- Total Expenses: 5,091.12 (vs 4,221.25 in Q1 FY26)
- Profit Before Tax: 2,200.10 (vs 1,414.63 in Q1 FY26, +55.5% YoY)
- Tax Expense: 574.63 (Current Tax: 579.40, Deferred Tax: -4.77)
- Net Profit for the Period: 1,625.47 (vs 1,003.53 in Q1 FY26, +62.0% YoY)
- Other Comprehensive Income: 222.48
- Total Comprehensive Income: 1,847.95
- Paid-up Equity Share Capital: 320.90 (Face value of ₹1 each)
- EPS (Basic & Diluted): ₹5.07 (vs ₹3.13 in Q1 FY26)
Financial Results (Consolidated)
Quarter Ended June 30, 2026 (₹ in Lakhs)
- Revenue from Operations: 7,035.61 (vs 5,356.84 in Q1 FY26)
- Other Income: 255.61 (vs 301.69 in Q1 FY26)
- Total Income: 7,291.22 (vs 5,658.53 in Q1 FY26)
- Total Expenses: 5,091.19 (vs 4,221.33 in Q1 FY26)
- Profit Before Tax: 2,200.03 (vs 1,437.20 in Q1 FY26)
- Tax Expense: 574.63
- Net Profit for the Period: 1,625.40 (vs 1,020.41 in Q1 FY26)
- Other Comprehensive Income: 238.94
- Total Comprehensive Income: 1,864.34
- Paid-up Equity Share Capital: 320.90
- EPS (Basic & Diluted): ₹5.07 (vs ₹3.18 in Q1 FY26)
Significant Notes
1. The results were reviewed by the Audit Committee and approved by the Board of Directors on August 10, 2026, and subjected to limited review by the statutory auditors.
2. The Board of Directors, at its meeting held on July 21, 2026, approved the Scheme of Amalgamation of its wholly owned subsidiary, Indoborax Infrastructure Private Limited, with the Company. This is subject to requisite statutory and regulatory approvals, including approval of the Hon'ble National Company Law Tribunal (NCLT).
3. The company operates in only one segment: "Manufacturing and selling of Chemicals."
4. Figures for the quarter ended March 31, 2026, are balancing figures between audited full-year figures and unaudited year-to-date figures up to the third quarter ended December 31, 2025.
Auditor's Review
Bohra & Co., Chartered Accountants (FRN 136492W) issued limited review reports for both standalone and consolidated financial results. Their review provided moderate assurance that the financial results are free from material misstatement.
For the consolidated results, the review included one subsidiary: Indoborax Infrastructure Private Limited (wholly owned subsidiary). The subsidiary contributed total assets of ₹1,318.49 lakhs, liabilities of ₹58.03 lakhs, revenue of ₹16.39 lakhs, and profit after tax of ₹16.39 lakhs for the quarter ended June 30, 2026. The subsidiary's results were reviewed by other auditors.