Financial Performance (Quarterly Comparison)
- Revenue from Operations: ₹2,683.42 lakhs (Q2 FY27) vs ₹2,838.64 lakhs (Q1 FY27) vs ₹2,553.32 lakhs (Q2 FY26)
- Other Income: ₹86.87 lakhs (Q2 FY27) vs ₹129.66 lakhs (Q1 FY27) vs ₹104.21 lakhs (Q2 FY26)
- Total Income: ₹2,770.29 lakhs (Q2 FY27) vs ₹2,968.30 lakhs (Q1 FY27) vs ₹2,657.53 lakhs (Q2 FY26)
- Total Expenses: ₹1,896.93 lakhs (Q2 FY27) vs ₹1,987.30 lakhs (Q1 FY27) vs ₹1,739.53 lakhs (Q2 FY26)
- Cost of Materials Consumed: ₹1,108.38 lakhs
- Employee Benefit Expenses: ₹190.60 lakhs
- Finance Costs: ₹7.85 lakhs
- Depreciation: ₹49.45 lakhs
- Other Expenses: ₹428.64 lakhs
- Profit Before Tax: ₹873.36 lakhs (Q2 FY27) vs ₹981.00 lakhs (Q1 FY27) vs ₹918.00 lakhs (Q2 FY26)
- Tax Expense: ₹229.33 lakhs (Current Tax: ₹233.97 lakhs, Deferred Tax: ₹-4.64 lakhs)
- Profit After Tax: ₹644.03 lakhs (Q2 FY27) vs ₹730.30 lakhs (Q1 FY27) vs ₹667.63 lakhs (Q2 FY26)
- Earnings Per Share (Basic & Diluted): ₹1.73 (Q2 FY27) vs ₹1.97 (Q1 FY27) vs ₹1.80 (Q2 FY26)
Financial Performance (Half-Yearly Comparison)
- Revenue from Operations: ₹5,522.06 lakhs (H1 FY27) vs ₹4,981.97 lakhs (H1 FY26)
- Other Income: ₹216.53 lakhs (H1 FY27) vs ₹191.53 lakhs (H1 FY26)
- Total Income: ₹5,738.59 lakhs (H1 FY27) vs ₹5,173.50 lakhs (H1 FY26)
- Profit Before Tax: ₹1,854.36 lakhs (H1 FY27) vs ₹1,773.44 lakhs (H1 FY26)
- Profit After Tax: ₹1,374.33 lakhs (H1 FY27) vs ₹1,306.89 lakhs (H1 FY26)
- Earnings Per Share (Basic & Diluted): ₹3.70 (H1 FY27) vs ₹3.52 (H1 FY26)
Balance Sheet Position (as of September 30, 2026)
- Total Assets: ₹13,809.55 lakhs (vs ₹12,752.26 lakhs as of March 31, 2026)
- Non-Current Assets: ₹3,109.69 lakhs (Property, Plant & Equipment: ₹2,868.03 lakhs)
- Current Assets: ₹10,699.86 lakhs
- Inventories: ₹740.13 lakhs
- Trade Receivables: ₹1,882.13 lakhs
- Cash & Cash Equivalents: ₹944.49 lakhs
- Other Bank Balances: ₹7,007.56 lakhs
- Total Equity: ₹12,798.64 lakhs (vs ₹11,612.69 lakhs as of March 31, 2026)
- Equity Share Capital: ₹3,710.40 lakhs (unchanged)
- Other Equity: ₹9,088.24 lakhs (vs ₹7,902.29 lakhs)
- Current Liabilities: ₹995.45 lakhs
- Trade Payables: ₹833.23 lakhs (Micro/Small Enterprises: ₹295.55 lakhs, Others: ₹537.68 lakhs)
- Current Tax Liabilities: ₹76.56 lakhs
Cash Flow Statement (H1 FY27)
- Cash from Operating Activities: ₹1,604.13 lakhs
- Cash from Investing Activities: ₹-576.73 lakhs (mainly capital expenditure of ₹182.60 lakhs)
- Cash from Financing Activities: ₹-357.53 lakhs (dividend payment of ₹185.69 lakhs, loan repayments of ₹160.69 lakhs)
- Net Change in Cash: ₹669.87 lakhs
Significant Corporate Development
Pursuant to Share Purchase Agreement executed on August 20, 2026, Indo Borax & Chemicals Limited acquired 64.26% of the paid-up equity share capital from erstwhile promoters, with transfer completed on September 29, 2026. Consequently, Indo Borax Chemicals Limited became the holding company, and there was a change in the Board of Directors and Key Managerial Personnel effective September 29, 2026.
Additional Information
- The company operates in a single segment: 'Manufacturing and Selling of High Purity Speciality Fine Chemical'
- The financial results were reviewed by the Audit Committee and approved by the Board
- Statutory Auditors (Mahesh Udhwani & Associates) issued an unmodified review report with emphasis on the change in controlling stake
- Previous period figures have been regrouped/reclassified for comparability