Board Meeting Details

The Board of Directors meeting commenced at 03:00 PM and concluded at 04:00 PM on Monday, 02nd November, 2026. The Board considered and approved the unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2026.

Financial Results Approval

The Board approved the Statement of Unaudited Standalone and Consolidated Financial Results together with the Limited Review Report issued by M/s. CNK & Associates LLP, Chartered Accountants, Mumbai, the Statutory Auditors of the Company.

Standalone Financial Results (Rs. in lakhs)

Quarter Ended September 30, 2026:

  • Income from operations: ₹4,239
  • Other Income: ₹87
  • Total income: ₹4,326
  • Total expenses: ₹4,251
  • Profit before tax: ₹75
  • Tax expenses: ₹0 (Current tax: ₹0, Excess/short provision: ₹0)
  • Profit for the period: ₹75
  • Other comprehensive income/(loss): ₹0
  • Total comprehensive income: ₹75
  • Earnings per share (Basic and Diluted): ₹0.27

Half Year Ended September 30, 2026:

  • Income from operations: ₹8,491
  • Other Income: ₹108
  • Total income: ₹8,599
  • Total expenses: ₹8,438
  • Profit before tax: ₹161
  • Profit for the period: ₹161
  • Total comprehensive income: ₹162
  • Earnings per share (Basic and Diluted): ₹0.58

Comparative Figures (Quarter Ended):

  • September 30, 2025: Profit ₹66 lakh, EPS ₹0.24
  • June 30, 2026: Profit ₹86 lakh, EPS ₹0.31

Capital Structure:

  • Paid-up equity share capital (face value ₹10 each): ₹2,789 lakh (27.89 million shares)
  • Other Equity (excluding Revaluation Reserve): ₹983 lakh as of March 31, 2026

Consolidated Financial Results (Rs. in lakhs)

Quarter Ended September 30, 2026:

  • Income from operations: ₹4,725
  • Other Income: ₹39
  • Total income: ₹4,764
  • Total expenses: ₹4,721
  • Profit before tax: ₹43
  • Tax expenses: ₹0 (Current tax: ₹0, Excess/short provision: ₹0)
  • Profit for the period: ₹43
  • Other comprehensive income/(loss): ₹(1)
  • Total comprehensive income: ₹42
  • Earnings per share (Basic and Diluted): ₹0.15

Half Year Ended September 30, 2026:

  • Income from operations: ₹9,388
  • Other Income: ₹68
  • Total income: ₹9,456
  • Total expenses: ₹9,305
  • Profit before tax: ₹151
  • Profit for the period: ₹150
  • Total comprehensive income: ₹149
  • Earnings per share (Basic and Diluted): ₹0.54

Consolidated Entities:

The consolidated results include:

1. Indokem Bangladesh (Pvt.) Limited (Subsidiary company)

2. Refnol Overseas Limited (Subsidiary company)

3. Tex Care Middle East LLC (Step-down subsidiary company)

Auditor's Review Report

M/s. CNK & Associates LLP issued limited review reports for both standalone and consolidated financial results. For the consolidated results, the auditors noted:

  • One subsidiary (Indokem Bangladesh) with total assets of ₹1,557.12 lakhs was reviewed by other auditors
  • Two subsidiaries with total assets of ₹334.20 lakhs were not reviewed by their auditors but were considered immaterial to the Group

The auditors concluded that nothing came to their attention causing them to believe that the financial results contain any material misstatement.

Segment Information

The Company/Group operates in two segments: textile dyes and chemicals and electrical capacitors. Segment reporting for electrical capacitors is not disclosed separately as it does not qualify for separate disclosure as per Ind-AS 108.

Additional Financial Information

The filing includes complete standalone and consolidated:

  • Balance sheets as of September 30, 2026 and March 31, 2026
  • Cash flow statements for half year ended September 30, 2026 and comparative periods
  • Detailed notes to accounts and financial statement schedules