Anya Polytech & Fertilizers Limited has resubmitted its unaudited standalone and consolidated financial results for the half year ended September 30, 2025, following observations by the National Stock Exchange regarding the format of the initial filing. The company clarified that the resubmission addresses only format-related compliance under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, with no changes to the financial results, information, or conclusions in the Limited Review Reports.

Consolidated Financial Performance

For the half year ended September 30, 2025, the company reported a consolidated revenue from operations of ₹9970.33 lakh, an increase from ₹7686.68 lakh in the corresponding period of the previous year. Total income rose to ₹9970.33 lakh from ₹7686.68 lakh. Profit before tax for the period stood at ₹705.96 lakh, compared to ₹1166.39 lakh in the prior year. Net profit for the period was reported at ₹630.77 lakh, down from ₹825.99 lakh in the same period last year.

The company’s earnings per equity share (basic and diluted) for the half year were ₹0.52, compared to ₹0.92 in the previous year. Total comprehensive income for the period was ₹630.77 lakh.

Standalone Financial Performance

On a standalone basis, revenue from operations for the half year ended September 30, 2025, was ₹8306.34 lakh, up from ₹6839.59 lakh in the previous year. Total income increased to ₹8306.34 lakh from ₹6839.59 lakh. The company reported a profit before tax of ₹533.80 lakh, a decrease from ₹976.13 lakh in the corresponding period of the previous year. Net profit for the period stood at ₹485.70 lakh, compared to ₹680.40 lakh in the prior year.

Standalone earnings per equity share (basic and diluted) were ₹0.40 for the half year, down from ₹0.78 in the previous year.

Segment Reporting

The consolidated segment results for the half year ended September 30, 2025, show contributions from the Polymer, Fertilizers, SSP, and Green Energy divisions. The Fertilizer Division reported the highest segment revenue at ₹4867.91 lakh, followed by the Polymer Division at ₹3682.20 lakh. The SSP division contributed ₹1378.25 lakh, while Green Energy contributed ₹41.97 lakh.

Auditor Review

The Limited Review Reports for both standalone and consolidated financial results were issued by Jerath & Co, Chartered Accountants. The auditors confirmed that based on their review, nothing came to their attention that caused them to believe the financial statements were not prepared in all material respects in accordance with applicable accounting standards and SEBI regulations.

Anya Polytech & Fertilizers Limited reported its audited standalone and consolidated financial results for the year ended March 31, 2026, revealing material deviations in the utilization of its Initial Public Offering (IPO) proceeds. The Monitoring Agency, CARE Ratings Limited, highlighted that funds utilized for working capital exceeded the stated objects by 69% in Anya Polytech & Fertilizers Limited and by 28% in subsidiary Arawali Phosphate Limited. Additionally, there was under-utilization of funds for the purchase of plant and machinery in both entities, with capital expenditure met by routing IPO proceeds through cash credit and multiple current accounts, resulting in commingling of funds.

The Board of Directors approved the financial results at a meeting held on June 04, 2026. The Independent Auditor’s Report confirmed that the standalone financial results give a true and fair view in conformity with the recognition and measurement principles laid down in the applicable Indian Accounting Standards. The statutory auditors issued an audit report with an unmodified opinion on the financial results.

The company reported total assets of ₹17413.36 lakh for the standalone entity as of March 31, 2026, compared to ₹15656.60 lakh in the previous year. Total equity and liabilities stood at ₹17413.36 lakh, up from ₹15656.60 lakh. For the consolidated entity, total assets increased to ₹20751.00 lakh from ₹18843.63 lakh in the prior year.

The utilization of IPO proceeds, totaling ₹44.80 crore, showed significant deviations from the offer document. The Monitoring Agency report indicated that the variation in objects requires authorization by shareholders via a special resolution under the Companies Act, 2013, but the company had not shared the resolution. Furthermore, not all government statutory approvals related to the objects, particularly for the proposed project in subsidiary Yara Green Energy Private Limited, had been received.

In other corporate actions, the Board appointed M/s Yash Sardana & Associates, Cost Accountants, as the Cost Auditors of the Company for the Financial Year 2026-27. The appointment was made upon the recommendation of the Audit Committee. The trading window for dealing in the securities of the company by designated persons and their immediate relatives will reopen after 48 hours from the declaration of the financial results.