Aksharchem FY26 net loss Rs 43.86 lakh, recommends dividend

Aksharchem (India) Limited has reported its audited financial results for the quarter and financial year ended March 31, 2026. The company recorded a net loss of Rs 43.86 lakh for the full year, a significant shift from the net profit of Rs 477.04 lakh posted in the previous fiscal year. Revenue from operations for FY26 increased to Rs 37,243.00 lakh from Rs 34,626.52 lakh in the corresponding period last year.

For the quarter ended March 31, 2026, the company reported a net profit of Rs 483.50 lakh. This compares to a net profit of Rs 138.71 lakh in the same quarter of the previous year. Revenue from operations for the quarter rose to Rs 10,578.66 lakh from Rs 9,073.80 lakh in Q4 FY25. The board noted that the statutory auditors issued an unmodified opinion on the financial results.

Financial Highlights

The financial performance for the year reflects the impact of exceptional items and deferred tax adjustments. The company recognized an exceptional item of Rs 169.61 lakh related to insurance claims received during the year. Total expenses for FY26 amounted to Rs 37,876.70 lakh, higher than the Rs 34,069.34 lakh recorded in the previous year.

Metric	FY 2025-26 (Rs in Lakhs)	FY 2024-25 (Rs in Lakhs)
Revenue from Operations	37,243.00	34,626.52
Total Income	37,262.78	34,651.98
Total Expenses	37,876.70	34,069.34
Net Profit/(Loss) for the period	(43.86)	477.04
Basic EPS (Rs)	(0.55)	5.94

Board Decisions and Dividend

The board of directors recommended a final dividend of Rs 0.50 per equity share, which is 5% of the face value of Rs 10 each. This dividend is subject to the approval of shareholders at the ensuing Annual General Meeting. If approved, the payment will be dispatched within 30 days from the date of the AGM.

In addition to the financial results, the board approved the appointment of Mr. Devalkumar Indrabal Suthar as an Additional Director (Whole Time Director, Executive) for a term of three consecutive years effective May 21, 2026, subject to shareholder approval. The board also took note of the resignation of Mr. Ashok Dolatsinh Barot as Executive Director, effective the close of business hours on May 21, 2026.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+5.46%	+0.47%	-1.25%	-17.19%	-18.38%	-28.10%

Aksharchem (India) Limited has informed the stock exchanges regarding the resignation of Mr. Ashok D. Barot from his position as Executive Director. The disclosure, made on May 13, 2026, was submitted in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Resignation Details

Mr. Barot's resignation is effective from the closure of business hours on May 21, 2026. In his resignation letter addressed to the Board of Directors, he stated that health considerations requiring his attention were the reason for his departure. The company has confirmed that there are no other material reasons for his resignation beyond those stated in his letter.

The key details of the change in directorship are summarised below:

Parameter:	Details
Name:	Mr. Ashok D. Barot
DIN:	08366687
Designation:	Executive Director
Reason for Resignation:	Health considerations
Effective Date of Cessation:	Closure of business hours on May 21, 2026
Date of Disclosure:	May 13, 2026

Regulatory Compliance

The disclosure was filed by Mehul Naliyadhara, Company Secretary & Compliance Officer of Aksharchem (India) Limited. The company is headquartered at Arista 8, Behind Rajpath Club, Bodakdev, Ahmedabad, Gujarat – 380059. Mr. Barot expressed gratitude to his colleagues on the Board and management, and conveyed his best wishes for the company's continued success. He also requested the Board to intimate the stock exchanges and file the necessary forms with the Registrar of Companies in compliance with applicable laws.