Summary of Key Information:
Reporting Period (Quarter/Year): Quarter and half-year ended 30th September, 2026
Nature of Filing / Announcement: Outcome of Board Meeting under Regulation 30 and 33 of SEBI Listing Regulations
Audit Opinion:
Limited Review Report issued by M/s. S R B C & CO LLP - No material misstatements identified
Key Financial Highlights [in Crores]:
Standalone Results:
Revenue from Operations: Q2 FY27: ₹777.2 (vs Q2 FY25: ₹582.5, +33.4% YoY); H1 FY27: ₹1,454.6 (vs H1 FY25: ₹1,113.7, +30.6% YoY)
Total Income: Q2 FY27: ₹797.9; H1 FY27: ₹1,501.1
Net Profit: Q2 FY27: ₹61.0 (vs Q2 FY25: ₹74.1, -17.7% YoY); H1 FY27: ₹118.8 (vs H1 FY25: ₹147.4, -19.4% YoY)
EPS (Basic): Q2 FY27: ₹7.7; H1 FY27: ₹15.0
Other Equity: ₹2,674.2 as of 30.09.2026 (vs ₹2,518.2 as of 31.03.2026)
Cash and Cash Equivalents: ₹44.9 as of 30.09.2026 (vs ₹53.2 as of 31.03.2026)
Debt: Short-term borrowings ₹340.5; Lease liabilities ₹5.4 (current) + ₹45.0 (non-current)
Consolidated Results:
Revenue from Operations: Q2 FY27: ₹2,742.6 (vs Q2 FY25: ₹2,387.4, +14.9% YoY); H1 FY27: ₹5,384.7 (vs H1 FY25: ₹4,894.3, +10.0% YoY)
Total Income: Q2 FY27: ₹2,757.5; H1 FY27: ₹5,418.6
Net Profit: Q2 FY27: ₹30.5 (vs Q2 FY25: ₹19.3, +58.0% YoY); H1 FY27: ₹133.9 (vs H1 FY25: ₹74.3, +80.2% YoY)
EPS (Basic): Q2 FY27: ₹3.5; H1 FY27: ₹15.8
Other Equity: ₹3,637.3 as of 30.09.2026 (vs ₹3,434.5 as of 31.03.2026)
Cash and Cash Equivalents: ₹1,028.7 as of 30.09.2026 (vs ₹932.9 as of 31.03.2026)
Segment-wise Performance:
Pigments Segment: H1 FY27 Revenue: ₹5,299.5 crore, EBITDA: ₹538.9 crore
Others Segment: H1 FY27 Revenue: ₹85.3 crore, EBITDA: (₹11.9) crore loss
Corporate Actions:
Dividend: Not declared in this meeting
Share Issuance: 9,80,000 equity shares issued to Mr. Rajesh Balkrishna Rathi on preferential basis at ₹1,019.75 per share
Employee Stock Options: 15,640 and 8,781 ESOPs allotted on 27-Apr-2026 and 28-Aug-2026 respectively
Other Significant Information:
Internal Restructuring: Acquired 36,68,036 equity shares (15.89%) of Sudarshan Colorants India Limited from Sudarshan Europe B.V. for ₹150.8 crore on 30-Sep-2026
Disposal: Completed sale of 100% stake in VP4 Frankfurt GmbH to Celanese US Holdings LLC for EUR 75.8 million on 2-Nov-2026
Exceptional Items: Consolidated exceptional expense of ₹82.9 crore includes ₹74.5 crore for employee restructuring program in German subsidiary and ₹8.4 crore for disposal-related expenses
US Duty Refund: Received refund of $8.69 million (₹83.3 crores) from United States Government, recognized as customer refund liability
Trading Window: Opens on Monday, 9th November, 2026