Company Overview

Jaysynth Orgochem Limited (formerly JD Orgochem Limited), engaged in manufacturing dyes, pigments, ink and sale of inkjet printers, reported mixed financial results for FY 2025-26 alongside significant corporate developments.

Financial Performance

Standalone Results: Revenue from operations increased 11.20% YoY to ₹25,537.02 lakhs, while net profit declined 7.18% to ₹1,474.83 lakhs. Profit before tax decreased 3.77% to ₹2,082.13 lakhs.

Consolidated Results: Revenue grew 13.88% to ₹25,967.61 lakhs, though net profit fell 6.15% to ₹1,465.84 lakhs. Basic EPS stood at ₹1.09 compared to ₹1.16 in previous year. Key balance sheet changes included inventory increasing 21% to ₹911.26 Cr and trade receivables rising to ₹653.17 Cr.

Corporate Actions & Capital Structure

The company completed the amalgamation of Jaysynth Dyestuff (India) Limited and Jaysynth Impex Private Limited, sanctioned by NCLT Mumbai Bench. Pursuant to the scheme, Jaysynth allotted 12.17 Cr equity shares and 63 Cr preference shares. The company also redeemed 6 Cr preference shares as per scheduled redemption plan.

Dividend Declaration

Directors recommended 5% dividend (₹0.05 per share) on equity shares and 2% dividend on preference shares. Record date was set for September 21, 2026, with payment scheduled on or before October 27, 2026.

Annual General Meeting

The 52nd AGM will be held on September 28, 2026 via video conferencing to:

  • Adopt audited standalone and consolidated financial statements
  • Declare dividends on equity and preference shares
  • Re-appoint Mrs. Jyoti Nirav Kothari as director
  • Appoint M/s. Chhogmal & Co. as new statutory auditors for 5-year term replacing M/s. A H J & Associates

Subsidiary Performance

Jaysynth (Europe) Limited reported revenue of £17,81,314 with net loss of £18,294. The company incorporated new subsidiary VarnaTex Limited in Hong Kong on July 17, 2026, which has yet to commence operations.

Corporate Governance & Compliance

The board met 4 times during FY25-26 with all committees functioning properly. The company maintained adequate internal financial controls and complied with all mandatory corporate governance requirements under SEBI regulations.

Key Financial Ratios

Current ratio stood at 4.17, debt-equity ratio at 0.31, and return on equity at 11.42%. Net profit margin declined to 5.68% from 6.90% in previous year.

Significant Investments & Contingencies

The company held ₹105.64 Cr in mutual fund investments. Contingent liabilities included disputed service tax demand of ₹14.56 lakhs and other claims of ₹194.29 lakhs.