Financial Results for Half Year Ended 30th September 2026

Income Statement Highlights (Amount in ₹ Lakhs):

  • Revenue from operations: ₹3120.95 (vs. ₹2824.08 in H1 FY26)
  • Other Income: ₹30.25 (vs. ₹49.99 in H1 FY26)
  • Total Income: ₹3151.20 (vs. ₹2874.07 in H1 FY26)
  • Total Expenses: ₹2914.15 (vs. ₹2650.15 in H1 FY26)
  • Profit before tax: ₹237.05 (vs. ₹223.92 in H1 FY26)
  • Tax expense: ₹58.07 (Current tax: ₹50.61, Deferred tax: ₹7.46)
  • Profit for the period: ₹178.98 (vs. ₹163.29 in H1 FY26)
  • Earnings per share (Basic & Diluted): ₹1.75 (vs. ₹2.17 in H1 FY26)

Balance Sheet as of 30th September 2026 (Amount in ₹ Lakhs):

  • Share Capital: ₹1024.00 (increased from ₹754.00 as of 31st March 2026)
  • Reserves and Surplus: ₹1732.62 (increased from ₹624.83)
  • Total Equity & Liabilities: ₹3880.43 (increased from ₹2532.08)
  • Total Assets: ₹3880.43 (increased from ₹2532.08)
  • Cash and cash equivalents: ₹623.68 (increased from ₹69.18)

Cash Flow Statement for Half Year Ended 30th September 2026 (Amount in ₹ Lakhs):

  • Net cash from operating activities: -₹359.79
  • Net cash from investing activities: -₹259.28
  • Net cash from financing activities: ₹1173.57
  • Net increase in cash: ₹554.50

Management Changes

Resignation of CFO:

  • Mrs. Ulka Umakant Savadekar resigned from the position of Chief Financial Officer effective from the closure of business hours on Saturday, 07th November 2026.
  • The resignation was due to personal reasons, with no other material reasons disclosed.
  • She will continue to serve as a Whole-Time Director of the company.

Appointment of New CFO:

  • Mr. Amol Nandu Palaskar was appointed as Chief Financial Officer and Key Managerial Personnel effective from Monday, 09th November 2026.
  • Mr. Palaskar holds B.Com and M.Com degrees from Savitribai Phule Pune University and has over 10 years of experience in financial accounting, taxation, and statutory compliances.
  • He has been with Phychem Technologies Limited since 2018 as an Accounts Executive and previously worked at Kenso Agro Industries and SM Thakkar Export House.

Auditor Appointments

Internal Auditor:

  • M/s. K P Z & Associates, FRN: 139715W, Chartered Accountants, Nashik, appointed as Internal Auditor for FY 2026-27.
  • Firm address: I-09, Shree Mahadeo Complex, Besides Adarsh Vidyalay, Old CBS, Nashik - 422001.
  • Established in 2010 with experience in internal/statutory audits, taxation, and banking assignments.

Secretarial Auditor:

  • M/s. Murtuza Mandorwala & Associates, CP NO: 14284, a Peer Reviewed Company Secretaries in Practice, appointed as Secretarial Auditor for FY 2026-27.
  • Firm address: B-503, Sivanta One, Pritamnagar Cross road, Near V.S. Hospital, Ellisbridge, Ahmedabad-380006.
  • Qualifications include Company Secretary, B.Com, M.Com, LL.B, and Diploma in Labour Practice.
  • Services include corporate laws, compliance, due diligence, capital markets, and corporate governance.

IPO Proceeds Utilization

As certified by statutory auditors SANVY & Associates (FRN: 131547W), the utilization of IPO proceeds as of 30th September 2026 is as follows:

  • Total proceeds raised: ₹1458.00 lakhs
  • Total amount utilized: ₹865.34 lakhs
  • Total amount unutilized: ₹592.66 lakhs (temporarily in separate bank accounts)

Breakdown of utilization:

  • Repayment of borrowings: ₹0.00 utilized out of ₹250.00 allocated
  • Capital expenditure: ₹224.08 utilized out of ₹514.91 allocated
  • Working capital: ₹300.00 utilized out of ₹300.00 allocated
  • General corporate purpose: ₹82.07 utilized out of ₹113.27 allocated
  • Issue expenses: ₹259.19 utilized out of ₹279.82 allocated

Additional Information

  • The board meeting was held on 07th November 2026 from 1:30 PM to 2:30 PM.
  • The financial results were reviewed by the audit committee and approved by the board.
  • Statutory auditors SANVY & Associates conducted a limited review of the financial results.
  • No investor complaints were received during the period under review.
  • The company's website is www.phychem.com.