Key Decisions and Financial Results

The Board meeting commenced at 5:48 PM and concluded at 6:30 PM on October 17, 2026. The Board approved the following items:

1. Unaudited Financial Results: Approved standalone and consolidated unaudited financial results for the quarter and half year ended September 30, 2026, along with Statement of Assets and Liabilities and Cash Flow Statement for the half year. The results were reviewed by the Audit Committee and subjected to "Limited Review" by the statutory auditors, Walker Chandiok & Co LLP.

2. Greenfield Manufacturing Facility: Approved leasing of land by wholly-owned subsidiary Rossari International Limited Company for setting up a greenfield manufacturing facility in the Kingdom of Saudi Arabia (KSA). A detailed project plan including nature of the project and overall investment will be presented to the Board for approval once finalized. Further disclosures will be made as required under Regulation 30 of Listing Regulations and SEBI Master Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Consolidated Financial Highlights (Rs. in million)

Quarter Ended September 30, 2026:

  • Revenue from operations: ₹6,975.60
  • Total Income: ₹6,981.59
  • Profit before tax: ₹492.69
  • Profit after tax: ₹389.07
  • Total Comprehensive Income: ₹395.60
  • Basic EPS: ₹7.02
  • Diluted EPS: ₹7.02

Half Year Ended September 30, 2026:

  • Revenue from operations: ₹13,947.60
  • Total Income: ₹13,985.46
  • Profit before tax: ₹969.41
  • Profit after tax: ₹740.02
  • Total Comprehensive Income: ₹750.06
  • Basic EPS: ₹13.36
  • Diluted EPS: ₹13.36

Comparative Figures (Quarter):

  • September 2025 PAT: ₹368.76 million (Current: ₹389.07 million, +5.5% YoY)
  • June 2026 PAT: ₹350.95 million (Current: ₹389.07 million, +10.9% QoQ)

Standalone Financial Highlights (Rs. in million)

Quarter Ended September 30, 2026:

  • Revenue from operations: ₹4,952.76
  • Total Income: ₹4,969.62
  • Profit before tax: ₹461.53
  • Profit after tax: ₹342.31
  • Total Comprehensive Income: ₹342.18
  • Basic EPS: ₹6.18
  • Diluted EPS: ₹6.18

Half Year Ended September 30, 2026:

  • Revenue from operations: ₹9,775.51
  • Total Income: ₹9,814.25
  • Profit before tax: ₹925.74
  • Profit after tax: ₹684.97
  • Total Comprehensive Income: ₹684.72
  • Basic EPS: ₹12.37
  • Diluted EPS: ₹12.36

Capital Structure

  • Paid-up equity share capital (face value ₹2.00 per share): ₹110.79 million as of September 30, 2026
  • During the quarter, the company allotted 2,500 equity shares pursuant to exercise of options under the Rossari Employee Stock Option Plan - 2019

Auditor's Review Report

Walker Chandiok & Co LLP issued limited review reports on both consolidated and standalone financial results. For consolidated results, the review relied on reports from other auditors for five subsidiaries (representing total assets of ₹13,130.97 million) and an associate. The financial results of three subsidiaries and a joint venture were not reviewed by their auditors but were considered not material to the Group.

Entities Included in Consolidation

The consolidated results include:

  • Subsidiaries: Buzil Rossari Private Limited, Rossari Consumer Products Private Limited, Unitop Chemicals Private Limited, Tristar Intermediates Private Limited, Rossari Bangladesh Limited (under liquidation), Rossari Global FZCO, Rossari International Company Limited, Rossari (Singapore) PTE. Ltd.
  • Step-down subsidiaries: Rossari Biotech Trading FZE, Unistar Thai Co. Ltd.
  • Joint Venture: Hextar Unitop SDN BHD
  • Associate: Romakk Chemicals Private Limited

Segment Information

The Group operates in one reportable segment: Specialty Chemicals.

Financial Position (Consolidated as of September 30, 2026)

  • Total Assets: ₹23,594.63 million
  • Total Equity: ₹14,075.97 million
  • Non-current assets: ₹10,587.89 million (including Property, Plant and Equipment: ₹5,107.34 million)
  • Current assets: ₹13,006.74 million (including Inventories: ₹4,439.85 million, Trade Receivables: ₹5,536.69 million)

Cash Flow (Consolidated half year ended September 30, 2026)

  • Net cash from operating activities: ₹1,314.23 million
  • Net cash used in investing activities: ₹495.33 million
  • Net cash used in financing activities: ₹723.79 million
  • Net increase in cash: ₹95.11 million