Financial Results for Quarter Ended September 30, 2026

Income Statement Highlights (Amounts in ₹ lakhs)

  • Revenue from Operations: ₹11,204.11 (Q2 FY27) vs ₹9,606.77 (Q1 FY27) vs ₹6,828.63 (Q2 FY26)
  • Other Income: ₹179.93 (Q2 FY27) vs ₹212.61 (Q1 FY27) vs ₹166.42 (Q2 FY26)
  • Total Income: ₹11,384.04 (Q2 FY27) vs ₹9,819.38 (Q1 FY27) vs ₹6,995.05 (Q2 FY26)

Expense Breakdown

  • Cost of Raw Materials and Packing Materials: ₹5,947.33
  • Purchase of stock in trade: ₹1,145.56
  • Power, Fuel and Water: ₹1,526.75
  • Employee Benefits Expense: ₹744.05
  • Finance Costs: ₹24.09
  • Depreciation and Amortisation: ₹539.57
  • Other Expenses: ₹1,325.51
  • Total Expenses: ₹11,267.65

Profitability Metrics

  • Profit before Tax: ₹116.39 (Q2 FY27) vs ₹883.23 (Q1 FY27) vs ₹63.44 (Q2 FY26)
  • Tax Expenses: ₹66.06
  • Profit after Tax: ₹87.06 (Q2 FY27) vs ₹660.89 (Q1 FY27) vs ₹38.59 (Q2 FY26)
  • Earnings per Share (Basic & Diluted): ₹1.51

Half Year Performance (April-September 2026)

  • Total Income: ₹21,203.42 vs ₹13,863.25 (H1 FY26)
  • Profit before Tax: ₹999.62 vs ₹199.25 (H1 FY26)
  • Profit after Tax: ₹747.95 vs ₹127.62 (H1 FY26)
  • EPS (Basic & Diluted): ₹13.01

Balance Sheet Position as at September 30, 2026

  • Total Assets: ₹46,888.09 lakh vs ₹45,870.29 lakh (March 31, 2026)
  • Non-current Assets: ₹30,734.61 lakh
  • Current Assets: ₹16,153.48 lakh
  • Equity: ₹36,031.21 lakh
  • Non-current Liabilities: ₹5,219.49 lakh
  • Current Liabilities: ₹5,637.39 lakh

Cash Flow Statement for H1 FY27

  • Net cash used in operating activities: ₹(504.69) lakh
  • Net cash generated from investing activities: ₹1,065.30 lakh
  • Net cash used in financing activities: ₹(654.88) lakh
  • Net decrease in cash: ₹(94.27) lakh
  • Cash and cash equivalents at period end: ₹1,785.90 lakh

Management Appointment

The Board approved the appointment of Mr. Amit Shah as Head - Sales & Marketing, designating him as Senior Management Personnel effective November 11, 2026.

Profile of Mr. Amit Shah

  • Chemical Engineer with MBA in Marketing from ICFAI Business School, Ahmedabad
  • Diploma in Export-Import Management from M.S. University, Vadodara
  • Nearly two decades of experience in marketing and sales of petrochemicals, bulk chemicals, specialty chemicals and engineering polymers
  • Previously held leadership positions at Gujarat State Fertilizers and Chemicals Limited (GSFC) including Chief (Marketing - Industrial Products) and Chief (Corporate Communication)
  • Expertise in domestic and international markets, exports, imports, trading operations, marketing strategy, and business development

Meeting Details

Board meeting commenced at 4:15 p.m. (IST) and concluded at 5:45 p.m. (IST) on November 11, 2026.