Chaman Lal Setia Exports

Chaman Lal Setia Exports experienced export sales decline of approximately INR 150 crores in Q2/H1 FY26 as rice prices fell from INR 71/kg to INR 60/kg, causing customers to delay purchases expecting further price drops. The company maintained profitability ratios despite volume decline and targets INR 1,500 crore revenue for FY26, leveraging low procurement prices and expanded capacity from new plants in Karnal and Gandhidham.

Chaman Lal Setia Exports Limited announced its standalone unaudited financial results for the quarter ended September 30, 2025. The rice miller and exporter reported revenue from operations of Rs 272.96 crores and a net profit of Rs 19.93 crores for the quarter. The company's earnings per share stood at Rs 3.81 (basic) and Rs 3.81 (diluted). The Board of Directors approved these results at their meeting held on November 11, 2025. The company operates in the business of manufacturing, trading and marketing of rice.

Chaman Lal Setia Exports held its quarterly earnings call discussing Q1 FY26 performance. The company reported export volumes of 33,797 tons and total volumes of 41,255 tons, remaining flat compared to the previous year's Q1 figure of 41,169 tons. Revenue declined by approximately 15% due to lower rice prices, though the company maintained stable margins. Management cited geopolitical issues, including conflicts involving Russia-Iran and disruptions in Lebanon and Yemen, as factors affecting business decisions. The company has opened new processing units - one in Mundra operational from July 4th and two out of three units in Karnal are operational, with each unit capable of generating INR 100 crore annual revenue. Management indicated they deliberately slowed business operations in Q1 due to expected rice price declines with the new crop season, targeting INR 400 crore revenue for Q2. The company remains debt-free and has reduced inventory levels while awaiting lower-priced new crop arrivals. US tariff increases to 25% on Indian rice exports were discussed, though management expects minimal impact on their ethnic customer base. The company operates across 94-95 countries and is exploring opportunities in Russia and Japan markets.