Financial Performance Overview
Polychem Limited reported exceptional financial results for FY 2025-26, with consolidated net profit surging 469% to ₹1,631.83 lakhs (₹403.87 EPS) from ₹283.09 lakhs in FY25. Revenue from operations grew 76% to ₹7,731.66 lakhs, driven by strong performance across specialty chemicals and unallocated segments. Standalone performance was equally impressive with net profit increasing 201% to ₹1,014.09 lakhs.
Dividend Declaration and AGM Details
The Board recommended a final dividend of ₹20 per equity share (200% of face value ₹10) totaling ₹80.81 lakhs, maintaining the same payout as previous year. The 69th Annual General Meeting is scheduled for August 25, 2026 via video conference to approve financial statements, declare dividend, and reappoint Mr. Nandish T. Kilachand as director. Record date for dividend is July 17, 2026.
Subsidiary Performance and Corporate Actions
Gujarat Poly Electronics Limited (GPEL), the 52.09%-owned subsidiary, delivered outstanding results with profit of ₹2,802.22 lakhs and recommended dividend of ₹0.50 per share. Polychem redeemed ₹981.50 lakhs preference shares in GPEL during the year. The company maintained zero external borrowings and held ₹5,650.49 lakhs in mutual fund investments.
Segment Performance and Risk Management
The Group operates in three segments: Property Development (no revenue), Specialty Chemicals (₹2,596.44 lakhs revenue, ₹722.79 lakhs profit), and Capacitors manufacturing (₹1,687.30 lakhs revenue, ₹158.88 lakhs profit). Comprehensive risk management framework covers credit, liquidity, and foreign exchange risks, with 1% USD movement impacting profit by ₹1.14 lakhs.
Governance and Compliance
The company demonstrated strong regulatory compliance with SEBI listing requirements, secretarial standards, and Companies Act provisions. Key managerial personnel include Managing Director Parthiv T. Kilachand and Chairman Tanil R. Kilachand. Auditors Nayan Parikh & Co. and Ragini Chokshi & Co. were reappointed for statutory and secretarial audit roles respectively.