Khaitan Chemicals & Fertilizers has announced its audited financial results for FY26, demonstrating exceptional performance with significant revenue growth and a remarkable turnaround in profitability. The Board of Directors has also approved key leadership decisions including the re-appointment of Mr. Utsav Khaitan as Joint Managing Director.

Outstanding Financial Performance

The company delivered impressive financial results for FY26, with revenue from operations reaching 1,00,313.07 lakh rupees compared to 72,102.58 lakh rupees in the previous year, marking a substantial 39.13% year-on-year growth. The profit after tax showed an extraordinary improvement, jumping to 6,875.95 lakh rupees from 139.93 lakh rupees in FY25, representing a remarkable 4,814% increase.

Board Decisions and Leadership Changes

In the Board meeting held on April 23, 2026, directors approved several key decisions. The Board recommended a final dividend of Rs 0.05 per equity share of face value ₹1 each for FY25-26, subject to shareholder approval. Most significantly, the Board approved the re-appointment of Mr. Utsav Khaitan as Joint Managing Director for a three-year term from May 1, 2026, to April 30, 2029, subject to shareholder approval.

Mr. Utsav Khaitan holds expertise in marketing with strong skills in consumer behavior analysis, brand development, and digital marketing. The company confirmed that he is not debarred from holding the office of Director by virtue of any SEBI order.

Segment-wise Performance

The company operates through two primary business segments. The Fertilizers segment generated revenue of 81,953.22 lakh rupees for FY26, contributing a profit before tax and interest of 6,350.63 lakh rupees. The Chemicals & Specialty Chemicals segment reported revenue of 26,199.50 lakh rupees with a profit contribution of 4,111.67 lakh rupees.

Corporate Governance and Auditor Appointments

The Board also approved the appointment of M.P. Turakhia & Associates as Cost Auditor for FY26-27 and M/s APAS & Co. as Internal Auditor for the same period. The statutory auditors, NSBP & Co., provided an unmodified opinion on the audited financial results. As of March 31, 2026, the company's total assets stood at 68,152.99 lakh rupees with total equity of 29,064.88 lakh rupees.

Khaitan chemicals & fertilizers Limited has filed its mandatory initial disclosure under the SEBI Large Corporate framework for FY 2026-27, stating that it does not qualify as a Large Corporate entity under the regulatory criteria. The disclosure was submitted to both BSE and NSE in compliance with SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018.

Company's Large Corporate Status

The company has confirmed that it does not fall under the category of Large Corporate as of March 31, 2026, as per the framework provided in the SEBI circular. This determination is based on the company not meeting the specified criteria outlined in the regulatory framework for Large Corporate classification.

Financial Position and Credit Rating

As part of the disclosure requirements, Khaitan Chemicals and Fertilizers Limited provided key financial and credit information:

Regulatory Compliance Framework

The SEBI circular requires entities to make initial disclosures within 30 days from the beginning of the financial year if they are identified as Large Corporates. The framework aims to enhance transparency and ensure proper compliance with borrowing norms and credit rating requirements.

Corporate Information

Khaitan Chemicals and Fertilizers Limited, incorporated with CIN L24219MP1982PLC004937, operates from its corporate office at The B Zone, 7th Floor, Pipliya Kumar, Nipania Main Road, Indore. The disclosure was signed by Company Secretary Sejal Maheshwari and CFO Harsh Vardhan Agnihotri, ensuring proper authorization and compliance with corporate governance requirements.

The company has designated BSE Limited as the stock exchange where any potential fines would be paid in case of shortfall in required borrowing under the SEBI framework, though this provision does not currently apply given their non-Large Corporate status.