Kothari Petrochemicals Limited has received declarations dated April 01, 2026, from its promoters under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, confirming that no encumbrance—either direct or indirect—was placed on their respective shareholdings in the company during the financial year 2025-2026. These declarations were addressed to the Listing Department of the National Stock Exchange of India Ltd. and the Chairman of the Audit Committee of Kothari Petrochemicals Limited.

Promoter-wise Declaration Details

The declarations cover multiple promoter entities and individuals, each confirming their shareholding position as on March 31, 2026, and affirming the absence of any encumbrance. The table below summarises the key details from each declaration:

Declaration by BHK Trading LLP

Arjun B. Kothari, Designated Partner (DIN: 07117816) of BHK Trading LLP, filed the declaration on behalf of the LLP, which held 3,62,28,812 shares in Kothari Petrochemicals Limited as on March 31, 2026. The declaration confirms that BHK Trading LLP has not created any encumbrance, directly or indirectly, on these shares during the financial year 2025-2026.

Declaration by Kothari Sugars and Chemicals Limited

R. Prakash, Company Secretary, filed the declaration on behalf of Kothari Sugars and Chemicals Limited, which held 1,000 shares in Kothari Petrochemicals Limited as on March 31, 2026. The company confirmed no encumbrance was made on these shares during the financial year 2025-2026.

Declarations by Individual Promoters

Three individual promoters also submitted their declarations confirming zero encumbrance on their respective holdings:

• Nina B. Kothari declared no encumbrance on her holding of 62,57,500 shares as on March 31, 2026.
• Arjun B. Kothari (in his individual capacity) declared no encumbrance on his holding of 9,593 shares as on March 31, 2026.
• Nayantara B. Kothari declared no encumbrance on her holding of 100 shares as on March 31, 2026.

Additionally, Anandita Kothari declared that she did not hold any shares in Kothari Petrochemicals Limited during the financial year 2025-2026, and therefore the question of encumbrance does not arise in her case.

Regulatory Context

These declarations are filed in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, which mandates promoters and promoter group entities to submit annual declarations confirming the encumbrance status of their shareholdings in listed companies. All declarations were submitted to the National Stock Exchange of India Ltd. and the Audit Committee Chairman of Kothari Petrochemicals Limited.

Kothari Petrochemicals has reported audited financial results for the quarter and year ended March 31, 2026, with the Board of Directors approving the results at its meeting held on May 05, 2026. The company posted broad-based year-on-year growth across revenue and profitability metrics for both Q4 and the full year FY26, while also declaring an interim dividend for FY27.

Q4 FY26 Financial Performance

For the quarter ended March 31, 2026, the company reported revenue from operations of ₹15,285.80 lakhs, compared to ₹15,291.73 lakhs in the corresponding quarter of the previous year. Total income for Q4 stood at ₹15,536.12 lakhs versus ₹15,460.88 lakhs in Q4 of the prior year. Net profit for the quarter came in at ₹1,780.23 lakhs, up from ₹1,727.60 lakhs year-on-year. Earnings per share (basic and diluted) for Q4 stood at ₹3.03, compared to ₹2.94 in the year-ago period.

The following table presents the key Q4 financial metrics on a year-on-year basis:

Full Year FY26 Financial Performance

For the full year ended March 31, 2026, Kothari Petrochemicals reported revenue from operations of ₹59,138.67 lakhs, up from ₹57,733.94 lakhs in FY25. Total income for the year rose to ₹60,049.84 lakhs from ₹58,882.77 lakhs. Net profit for FY26 grew to ₹7,249.00 lakhs from ₹6,581.78 lakhs in the previous year. Profit before tax stood at ₹9,676.98 lakhs versus ₹8,220.78 lakhs in FY25. An exceptional item of ₹25.82 lakhs (net loss on write-off of obsolete or non-functional fixed assets) was recorded during FY26. Full-year basic and diluted EPS stood at ₹12.32, compared to ₹11.18 in FY25.

The table below summarises the full-year financial performance:

Balance Sheet Highlights

As at March 31, 2026, total assets stood at ₹44,180.83 lakhs, up from ₹37,849.88 lakhs as at March 31, 2025. Total equity increased to ₹37,225.53 lakhs from ₹30,615.50 lakhs, supported by growth in other equity to ₹31,306.85 lakhs from ₹24,696.82 lakhs, while equity share capital remained unchanged at ₹5,918.68 lakhs. Non-current investments rose significantly to ₹8,198.24 lakhs from ₹2,596.34 lakhs. Property, Plant & Equipment stood at ₹19,702.57 lakhs versus ₹19,205.13 lakhs, while capital work in progress increased to ₹818.02 lakhs from ₹195.62 lakhs. On the current assets side, inventories declined to ₹2,673.88 lakhs from ₹4,097.51 lakhs, while trade receivables rose to ₹6,139.86 lakhs from ₹5,201.33 lakhs.

Cash Flow Highlights

On the cash flow front, net cash from operating activities for FY26 was ₹8,051.31 lakhs, compared to ₹5,877.24 lakhs in FY25, reflecting stronger operating performance. Net cash used in investing activities was ₹7,655.81 lakhs, while net cash used in financing activities was ₹739.76 lakhs. The net cash outflow during the year stood at ₹344.25 lakhs, with cash and cash equivalents at the end of FY26 at ₹1,027.28 lakhs, compared to ₹1,371.53 lakhs at the beginning of the year. The cash flow statement has been prepared under the indirect method as set out in Indian Accounting Standard (Ind AS 7).

Dividend Declaration

The Board of Directors declared an interim dividend of ₹1.00 per equity share (10% on face value of ₹10 per share) for FY27 at its meeting held on May 05, 2026. The record date for the interim dividend has been set as Monday, May 11, 2026, and the dividend is to be paid on or before June 03, 2026.

Auditor's Report and Key Notes

Statutory auditors M/s. P. Chandrasekar LLP, Chartered Accountants, have issued an audit report with an unmodified opinion on the audited financial results for the year ended March 31, 2026. The company operates in a single primary business segment — the manufacture of Poly Iso Butylene — and has no subsidiary, associate, or joint venture companies as on March 31, 2026. The results were reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on May 05, 2026.