Chembond Chemicals Limited has scheduled its 3rd Annual General Meeting (AGM) for Friday, July 31, 2026, at 11.30 a.m. through Video Conferencing and Other Audio Visual Means. The meeting will consider the adoption of the audited standalone and consolidated financial statements for the financial year ended March 31, 2026. Shareholders will vote on the declaration of a final dividend of ₹1.25 per equity share of face value ₹5 each, subject to the approval of members at the AGM. The company has fixed Friday, July 24, 2026, as the record date to determine shareholder eligibility for the dividend.

The Board has recommended the re-appointment of Mr. Sameer V. Shah, who retires by rotation at this meeting, as Director. Additionally, shareholders will vote on an ordinary resolution to approve material related party transactions for the financial year 2026-27. The Audit Committee and the Board of Directors have reviewed these transactions, noting they will be conducted on an arm’s length basis and in the ordinary course of business.

The company reported consolidated revenues of ₹326 crores for FY 2025-26, an increase of 11.59%, and EBITDA grew by 7.39% to surpass ₹51 crores. The balance sheet remains robust with a zero debt-to-equity ratio and a current ratio of 5.10x. The Register of Members and Share Transfer books will remain closed from Saturday, July 25, 2026, to Friday, July 31, 2026. The remote e-voting period begins on Tuesday, July 28, 2026, at 09:00 A.M. and ends on Thursday, July 30, 2026, at 05:00 P.M. Mr. Virendra Bhatt has been appointed as the Scrutinizer for the e-voting process.

Material Related Party Transactions

The following limits have been proposed for transactions with specific related parties for FY 2026-27:

Financial Performance of Related Parties

Chembond Water Technologies Ltd reported a standalone turnover of ₹26,490.57 lakh and a net profit of ₹2,627.79 lakh for FY 2025-2026. Finor Piplaj Chemicals Ltd recorded a standalone turnover of ₹5,539.03 lakh and a net profit of ₹603.68 lakh for the same period. Chembond Calvatis Industrial Hygiene Systems Ltd reported a standalone turnover of ₹196.79 lakh and a net loss of ₹40.16 lakh for FY 2025-2026.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE0TGX01019/d4fdc4d62ced4862.pdf

Chembond Chemicals Limited reported a 12% increase in consolidated revenue for the financial year ended March 31, 2026, reaching ₹326.15 crore. The growth was primarily led by the water technologies segment, which comprises 87% of the total revenue mix. EBITDA for the year stood at ₹51 crore, a 7% improvement over the prior year, while profit before tax increased 7% to ₹45 crore.

Financial Performance

The company’s financial performance showed a strong recovery in the second half of the fiscal year. Consolidated revenue for H2FY26 was ₹188 crore, up 35% compared to the first half. EBITDA for the second half was ₹29 crore, marking a 31% improvement over H1FY26. Profit before tax for H2FY26 reached ₹26 crore, a 33% increase over the first half of the year. Q4FY26 revenue reached ₹101.4 crore, the highest in nine quarters, with EBITDA at ₹15.7 crore and PBT at ₹14 crore.

Segment-wise Performance

Water technologies remained the largest contributor, with revenues growing 36% in the second half. The segment clocked sales of ₹162 crore in H2FY26, with volume growth of 50% to 4,813 metric tons. Construction chemicals saw an 18% growth in H2, with revenues rising to ₹13 crore from ₹11 crore in H1. The distribution business grew 40% in the second half, recording revenues of ₹12.5 crore compared to ₹9 crore in the first half. Cleaning and hygiene revenue increased 15% in H2.

Operational Updates

Chembond Chemicals is entering the new financial year with a strong order book for both chemicals and equipment in the water business unit. The company has initiated force majeure measures due to rising input costs, particularly in metals like zinc and molybdenum, which have increased significantly since late February. Management indicated that while private sector clients have accepted temporary price increases, public sector units have been slower to amend terms, though new tenders are being bid at higher prices.

The construction chemicals business secured approvals for use in all MSIDC projects and is focusing on expanding its dealer network in Maharashtra and Gujarat. The cleaning and hygiene joint venture with Calvatis is being better aligned with channel partners to leverage synergies with the water treatment business. The company is also focusing on geographical expansion and network growth to drive future revenues.