Kothari Petrochemicals FY26 Results: Net Profit Rises, Dividend of ₹1 Per Share Declared
Kothari Petrochemicals reported audited FY26 results with net profit rising to ₹7,249.00 lakhs from ₹6,581.78 lakhs YoY, and Q4 net profit at ₹1,780.23 lakhs. Total assets grew to ₹44,180.83 lakhs, total equity to ₹37,225.53 lakhs, and net cash from operations improved to ₹8,051.31 lakhs. The Board declared an interim dividend of ₹1.00 per share for FY27, with auditors issuing an unmodified opinion.

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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:
| Metric: | Q4 FY26 | Q4 FY25 |
|---|---|---|
| Revenue from Operations: | ₹15,285.80 lakhs | ₹15,291.73 lakhs |
| Total Income: | ₹15,536.12 lakhs | ₹15,460.88 lakhs |
| Total Expenses: | ₹13,126.23 lakhs | ₹13,215.49 lakhs |
| Profit Before Tax: | ₹2,409.89 lakhs | ₹2,245.39 lakhs |
| Net Profit: | ₹1,780.23 lakhs | ₹1,727.60 lakhs |
| Basic & Diluted EPS (₹): | ₹3.03 | ₹2.94 |
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:
| Metric: | FY26 | FY25 |
|---|---|---|
| Revenue from Operations: | ₹59,138.67 lakhs | ₹57,733.94 lakhs |
| Total Income: | ₹60,049.84 lakhs | ₹58,882.77 lakhs |
| Total Expenses: | ₹50,347.04 lakhs | ₹50,661.99 lakhs |
| Profit Before Tax: | ₹9,676.98 lakhs | ₹8,220.78 lakhs |
| Net Profit: | ₹7,249.00 lakhs | ₹6,581.78 lakhs |
| Basic & Diluted EPS (₹): | ₹12.32 | ₹11.18 |
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.
| Balance Sheet Metric: | As at 31/03/2026 | As at 31/03/2025 |
|---|---|---|
| Total Assets: | ₹44,180.83 lakhs | ₹37,849.88 lakhs |
| Total Equity: | ₹37,225.53 lakhs | ₹30,615.50 lakhs |
| Equity Share Capital: | ₹5,918.68 lakhs | ₹5,918.68 lakhs |
| Other Equity: | ₹31,306.85 lakhs | ₹24,696.82 lakhs |
| Property, Plant & Equipment: | ₹19,702.57 lakhs | ₹19,205.13 lakhs |
| Capital Work in Progress: | ₹818.02 lakhs | ₹195.62 lakhs |
| Non-Current Investments: | ₹8,198.24 lakhs | ₹2,596.34 lakhs |
| Inventories: | ₹2,673.88 lakhs | ₹4,097.51 lakhs |
| Trade Receivables: | ₹6,139.86 lakhs | ₹5,201.33 lakhs |
| Cash & Cash Equivalents: | ₹1,027.28 lakhs | ₹1,371.53 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).
| Cash Flow Metric: | FY26 | FY25 |
|---|---|---|
| Net Cash from Operating Activities: | ₹8,051.31 lakhs | ₹5,877.24 lakhs |
| Net Cash Used in Investing Activities: | ₹(7,655.81) lakhs | ₹(4,342.75) lakhs |
| Net Cash Used in Financing Activities: | ₹(739.76) lakhs | ₹(748.51) lakhs |
| Net Cash Flows During the Year: | ₹(344.25) lakhs | ₹785.98 lakhs |
| Cash & Cash Equivalents (Opening): | ₹1,371.53 lakhs | ₹585.55 lakhs |
| Cash & Cash Equivalents (Closing): | ₹1,027.28 lakhs | ₹1,371.53 lakhs |
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.
Historical Stock Returns for Kothari Petrochemicals
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.91% | -13.41% | -10.78% | -13.02% | -24.95% | +190.05% |
What strategic investments are driving the significant jump in non-current investments from ₹2,596 lakhs to ₹8,198 lakhs, and could these signal a diversification beyond Poly Iso Butylene manufacturing?
Given the rising capital work in progress and strong operating cash flows, is Kothari Petrochemicals planning a capacity expansion that could materially impact revenue in FY27 and beyond?
How might global crude oil price volatility and shifting petrochemical feedstock costs affect Kothari Petrochemicals' margin trajectory in FY27, given its single-segment dependence on PIB manufacturing?





























