A meeting of the Board of Directors of Sreechem Resins Limited was held on November 13, 2026, from 16:00 hrs to 16:35 hrs at the company's corporate office in Kolkata. The board approved and took on record the Standalone Un-Audited Financial Results for the quarter and half year ended September 30, 2026, prepared in accordance with Indian Accounting Standards (IND AS).

The statutory auditors, R. C. Jhawer & Co., Chartered Accountants, conducted a limited review of these results in accordance with Standard on Review Engagements (SRE) 2410 and issued an unqualified report dated November 13, 2026, stating that nothing has come to their attention to believe the results contain any material misstatement.

Financial Performance (Quarter Ended September 30, 2026)

  • Revenue from Operations: ₹1,053.50 lakh (Q2 FY2025: ₹654.22 lakh)
  • Other Income: ₹4.94 lakh (Q2 FY2025: ₹0.53 lakh)
  • Total Income: ₹1,058.44 lakh (Q2 FY2025: ₹654.75 lakh)
  • Total Expenses: ₹1,074.62 lakh, comprising:
  • Cost of Material Consumed: ₹688.08 lakh
  • Purchase of Stock-in-Trade: ₹168.14 lakh
  • Changes in Inventories: (₹24.00) lakh
  • Employee Benefit Expense: ₹68.48 lakh
  • Finance Costs: ₹0.68 lakh
  • Depreciation & Amortisation: ₹15.04 lakh
  • Other Expenses: ₹158.20 lakh
  • Loss Before Tax: ₹(16.18) lakh (Q2 FY2025 Loss: ₹(58.58) lakh)
  • Tax Expense: ₹0.00 (Deferred Tax for Q2 FY2025: ₹1.65 lakh)
  • Loss for the Period (Continuing Operations): ₹(16.18) lakh (Q2 FY2025 Loss: ₹(56.93) lakh)
  • Earnings Per Share (Basic & Diluted): ₹(0.39) (Q2 FY2025: ₹(1.31))

Financial Performance (Half Year Ended September 30, 2026)

  • Revenue from Operations: ₹1,940.92 lakh (H1 FY2025: ₹1,516.54 lakh)
  • Other Income: ₹9.63 lakh (H1 FY2025: ₹1.34 lakh)
  • Total Income: ₹1,950.55 lakh (H1 FY2025: ₹1,517.88 lakh)
  • Total Expenses: ₹1,955.48 lakh, comprising:
  • Cost of Material Consumed: ₹1,238.73 lakh
  • Purchase of Stock-in-Trade: ₹279.45 lakh
  • Changes in Inventories: (₹2.27) lakh
  • Employee Benefit Expense: ₹136.15 lakh
  • Finance Costs: ₹3.87 lakh
  • Depreciation & Amortisation: ₹28.64 lakh
  • Other Expenses: ₹270.91 lakh
  • Loss Before Tax: ₹(4.93) lakh (H1 FY2025 Loss: ₹(72.04) lakh; FY2025 Audited: ₹(30.33) lakh)
  • Tax Expense: ₹0.00 (Deferred Tax for H1 FY2025: ₹1.65 lakh)
  • Loss for the Period (Continuing Operations): ₹(4.93) lakh (H1 FY2025 Loss: ₹(70.39) lakh; FY2025 Audited: ₹(22.93) lakh)
  • Earnings Per Share (Basic & Diluted): ₹(0.12) (H1 FY2025: ₹(1.56))

Balance Sheet Position as of September 30, 2026 (Unaudited)

  • Total Assets: ₹1,791.09 lakh (March 31, 2026 Audited: ₹1,766.56 lakh)
  • Non-Current Assets: ₹639.27 lakh, including Property, Plant and Equipment (₹559.47 lakh), Investments (₹21.54 lakh), and Other Non-Current Assets (₹52.09 lakh)
  • Current Assets: ₹1,151.82 lakh, including Inventories (₹487.70 lakh), Trade Receivables (₹541.78 lakh), Cash and Cash Equivalents (₹84.04 lakh), and Other Current Assets (₹35.02 lakh)
  • Total Equity: ₹1,401.44 lakh (March 31, 2026: ₹1,406.38 lakh), comprising Equity Share Capital (₹420.00 lakh) and Other Equity (₹981.44 lakh)
  • Non-Current Liabilities: ₹1.05 lakh (Deferred Tax Liabilities)
  • Current Liabilities: ₹388.60 lakh, including Trade Payables to MSME (₹39.30 lakh), Trade Payables to others (₹313.95 lakh), and Other Current Liabilities (₹35.35 lakh)

Cash Flow Statement (Half Year Ended September 30, 2026)

  • Net Cash from Operating Activities: ₹191.69 lakh (FY2025: ₹(22.78) lakh)
  • Net Cash from Investing Activities: ₹174.19 lakh (FY2025: ₹(22.36) lakh), primarily from proceeds from sale of investments (₹204.79 lakh) less purchase of fixed assets (₹30.60 lakh)
  • Net Cash used in Financing Activities: ₹(289.02) lakh (FY2025: ₹44.14 lakh), primarily from repayment of short-term borrowings (₹285.15 lakh) and interest paid (₹3.87 lakh)
  • Net Increase in Cash: ₹76.86 lakh (FY2025: ₹(1.00) lakh)
  • Closing Cash and Cash Equivalents: ₹84.03 lakh (March 31, 2026: ₹7.17 lakh)