Chemtech Industrial Valves Limited reported a 28.5% decline in net profit to ₹501.69 crore for the financial year ended March 31, 2026, compared to ₹701.68 crore in the previous year. Revenue from operations fell 26.3% to ₹3,017.21 crore from ₹4,093.91 crore in FY25. The Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, at their meeting held on May 30, 2026. Pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company submitted newspaper clippings of these audited results as published in Business Standard (English) and News Hub (Marathi-Regional) on June 1, 2026.

Financial Performance

The company's total income from operations for FY26 stood at ₹3,555.50 crore, a decrease from ₹4,267.18 crore in the prior year. For the quarter ended March 31, 2026, net profit was ₹59.70 crore, while total income from operations was ₹1,128.50 crore. The following table summarises the key financial metrics for the period:

Quarterly Performance

For the quarter ended March 31, 2026, the company's key metrics compared to the same quarter of the prior year are presented below:

Auditor's Report and Disclosures

Statutory Auditor M/s. Raju & Prasad issued an unmodified opinion on the financial statements. The auditor's report drew attention to a contingent liability regarding CKP bank, whose licence was withdrawn by RBI. The company received ₹500,000, which was adjusted against the current account balance, with the remaining amount to be distributed if reserves are available.

The report also highlighted a Show Cause Notice from DGCI Mumbai regarding ineligible Input Tax Credit (ITC) utilised, amounting to ₹3,94,48,606. While the appeal waived the basic ITC amount and interest, penalties of ₹3,94,48,606 under the CGST Act and ₹3,95,41,718 under the MGST Act were imposed. The company has filed an appeal against these penalties.

Capital Structure and Fund Utilisation

During the year, the company converted 5,00,000 warrants into equity shares of ₹10 each at an issue price of ₹200 per share, receiving an aggregate amount of ₹10,00,00,000. Additionally, 2,50,000 warrants of Capri Global Holding Private Limited were forfeited due to non-payment of the balance consideration, with ₹1,25,00,000 transferred to Capital Reserve. The company stated that proceeds from the conversion of warrants were used for the stated purposes with no material deviation. The audited results have been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on May 30, 2026, and are available on the BSE website and the company's website at www.chemtechvalves.com .

Chemtech industrial Valves Limited has received its quarterly compliance certificate under SEBI regulations for the quarter ended March 31, 2026. The certificate confirms the company's adherence to depositories and participants regulations, highlighting the complete digitisation of its shareholding structure.

SEBI Regulatory Compliance Certificate

Bigshare Services Private Limited, serving as the Registrar and Transfer Agent for Chemtech Industrial Valves Limited, issued the confirmation certificate under Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018. The certificate was dated April 4, 2026, and subsequently submitted to BSE Limited on April 14, 2026.

Complete Demat Holdings Status

The certificate confirms that Regulation 74(5) is not applicable to Chemtech Industrial Valves Limited due to specific circumstances regarding its shareholding pattern. The entire holding of the company's shares remains in demat form, representing complete digitisation of share certificates. This digital format eliminates the need for physical share certificates and streamlines trading processes.

During the quarter ended March 31, 2026, Bigshare Services Private Limited reported that no requests were received from company members for rematerialisation of shares. This indicates that shareholders continue to prefer the convenience and security of electronic holdings over physical certificates.

Corporate Communication and Compliance

The compliance certificate was formally communicated to BSE Limited through a letter signed by Harsh Pradeep Badkur, Chairman and Managing Director of Chemtech Industrial Valves Limited. The communication included the digital signature authentication and requested the stock exchange to take the certificates on record for regulatory compliance purposes.

The systematic submission of this quarterly certificate demonstrates Chemtech Industrial Valves Limited's commitment to maintaining transparent regulatory compliance and ensuring proper documentation of its shareholding structure for investor protection and market integrity.