Caprolactam Chemicals posts ₹176.1 lakh net profit in FY26 turnaround
- Caprolactam Chemicals reported a FY26 net profit of ₹176.12 lakh, turning around from a ₹70.87 lakh loss in FY25
- Revenue from operations grew 56.6% to ₹1,055.75 lakh, driven by a surge in service sales
- Total assets rose to ₹1,703.96 lakh with trade receivables increasing significantly to ₹621.18 lakh
- The 37th AGM is scheduled for September 28, 2026, with remote e-voting available from September 24 to 27
- No dividend was declared for FY26; paid-up capital remains at ₹460 lakh

*this image is generated using AI for illustrative purposes only.
Caprolactam Chemicals Limited posted a full-year net profit of ₹176.12 lakh for FY26, reversing a loss of ₹70.87 lakh recorded in the corresponding period of the previous year. The company’s revenue from operations more than doubled to ₹1,055.75 lakh, up from ₹673.96 lakh in FY25.
The 37th Annual General Meeting (AGM) is scheduled for September 28, 2026, to adopt the audited financial statements and approve key corporate actions. Shareholders holding shares as on the record date of September 21, 2026, will be eligible to vote via remote e-voting between September 24 and September 27, 2026.
Financial Performance
The company’s total income rose to ₹1,058.86 lakh from ₹674.92 lakh in the prior year. This growth was primarily driven by a surge in sale of services, which reached ₹1,028.69 lakh compared to ₹606.42 lakh previously. Sales of manufactured goods declined to ₹27.06 lakh from ₹67.54 lakh.
Total expenses increased to ₹842.29 lakh from ₹743.29 lakh. Finance costs rose to ₹71.91 lakh from ₹63.24 lakh, while depreciation and amortisation expenses decreased slightly to ₹161.41 lakh from ₹165.04 lakh. The company incurred a total tax expense of ₹40.44 lakh, comprising current tax of ₹37.35 lakh and deferred tax of ₹3.09 lakh.
| Metric | FY26 | FY25 | Change |
|---|---|---|---|
| Revenue from Operations | ₹1,055.75 lakh | ₹673.96 lakh | +56.6% |
| Net Profit After Tax | ₹176.12 lakh | (₹70.87) lakh | Turnaround |
| Total Expenses | ₹842.29 lakh | ₹743.29 lakh | +13.3% |
| Finance Costs | ₹71.91 lakh | ₹63.24 lakh | +13.7% |
Balance Sheet and Cash Flow
As of March 31, 2026, total assets stood at ₹1,703.96 lakh, up from ₹1,428.42 lakh. Current assets increased significantly to ₹657.13 lakh, driven by a rise in trade receivables to ₹621.18 lakh from ₹282.42 lakh. Inventories declined to ₹16.26 lakh from ₹40.65 lakh.
Short-term borrowings rose to ₹922.90 lakh from ₹871.34 lakh. The company maintained cash and cash equivalents of ₹8.69 lakh. Net cash generated from operating activities was ₹164.97 lakh, compared to an outflow of ₹56.18 lakh in the previous year.
Corporate Actions
The Board recommended the reappointment of Mrs. Zaver Shankarlal Bhanushali as Managing Director, who retires by rotation. Additionally, shareholders will vote to appoint M/s. Raman S. Shah & Co. as statutory auditors for a five-year term commencing from the conclusion of the AGM.
No dividend has been declared for FY26. The company’s paid-up equity share capital remains unchanged at ₹460 lakh, comprising 46 lakh equity shares of ₹10 each.
Historical Stock Returns for Caprolactam Chemicals
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.50% | +3.22% | +3.53% | +6.02% | +8.32% | -31.38% |
How does the significant surge in service revenue compared to the decline in manufactured goods sales signal a strategic pivot in Caprolactam Chemicals' business model?
Given the increase in short-term borrowings to ₹922.90 lakh, what is the company's strategy for debt management and interest cost containment in the coming fiscal year?
With trade receivables more than doubling to ₹621.18 lakh, what measures is the company implementing to improve working capital efficiency and mitigate credit risk?


































