Mysore Petro Turns Profitable, Recommends Dividend

1 min read     Updated on 21 May 2026, 02:38 PM
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Naman SScanX News Team
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Mysore Petro Chemicals Limited announced audited financial results for the year ended March 31, 2026, reporting a standalone net profit of ₹439.59 lakhs compared to a net loss of ₹766.47 lakhs in the previous year. Revenue from operations increased to ₹5,221.14 lakhs from ₹3,347.85 lakhs. The Board recommended a dividend of ₹2 per share, pending shareholder approval.

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Mysore Petro Chemicals Limited has announced its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The Board of Directors, meeting on May 20, 2026, approved the results and recommended a dividend for the financial year 2025-26.

Dividend Declaration

The Directors recommended a dividend of 20%, which translates to ₹2 per equity share of ₹10 each. This dividend payment is subject to the approval of the shareholders at the forthcoming Annual General Meeting. If approved, the payout will result in a cash outflow of approximately ₹131.67 lakhs.

Financial Performance

For the full fiscal year ended March 31, 2026, the company reported a standalone net profit of ₹439.59 lakhs, a significant turnaround from the net loss of ₹766.47 lakhs in the previous year. Revenue from operations for the year stood at ₹5,221.14 lakhs, compared to ₹3,347.85 lakhs in FY25. On a consolidated basis, the net profit for the year was ₹81.13 lakhs, while total income reached ₹6,052.77 lakhs.

Metric Standalone FY26 (₹ in lakhs) Standalone FY25 (₹ in lakhs)
Net Profit / (Loss) 439.59 (766.47)
Revenue from Operations 5,221.14 3,347.85
Consolidated Net Profit 81.13 -
Consolidated Total Income 6,052.77 -

The statutory auditors issued an unmodified review report on the audited financial results. The regulatory filing was signed by Company Secretary Saurabh Ashok Pandit.

Historical Stock Returns for Mysore Petro Chemicals

1 Day5 Days1 Month6 Months1 Year5 Years
+1.35%+2.34%+16.52%-2.76%-18.76%-19.45%

What strategic initiatives or operational changes drove Mysore Petro Chemicals' revenue growth of over 55% in FY26, and are these sustainable in the coming fiscal year?

Given the significant gap between standalone net profit (₹439.59 lakhs) and consolidated net profit (₹81.13 lakhs), what challenges are the subsidiaries facing and how might management address them?

How might rising raw material costs or petrochemical industry headwinds in FY27 impact the company's ability to maintain its profitability turnaround?

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Mysore Petro Chemicals Limited Submits SEBI Compliance Certificate for Q4FY26

1 min read     Updated on 07 Apr 2026, 01:21 AM
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Radhika SScanX News Team
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Mysore Petro Chemicals Limited filed its Q4FY26 compliance certificate under SEBI Regulation 74(5) with BSE Limited on April 6, 2026. The filing, covering the quarter ended March 31, 2026, was submitted through registrar Bigshare Services Pvt. Ltd. and confirms proper handling of dematerialized securities. Company Secretary Saurabh Pandit authorized the submission, demonstrating the company's adherence to regulatory requirements and corporate governance standards.

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Mysore Petro Chemicals Limited has submitted its quarterly compliance certificate to BSE Limited, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018. The filing, dated April 6, 2026, covers the quarter ended March 31, 2026, and demonstrates the company's adherence to mandatory disclosure norms.

Regulatory Compliance Filing

The certificate was filed under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018, which mandates specific disclosures regarding the handling of dematerialized securities. Company Secretary Saurabh Pandit signed the submission on behalf of Mysore Petro Chemicals Limited, ensuring proper authorization and compliance with corporate governance standards.

Filing Details: Information
Quarter Covered: Q4FY26 (ended March 31, 2026)
Submission Date: April 6, 2026
Regulatory Authority: BSE Limited
Scrip Code: 506734
Authorized Signatory: Saurabh Pandit, Company Secretary

Registrar Confirmation

Bigshare Services Pvt. Ltd., serving as the company's registrar and share transfer agent, provided the necessary certification confirming compliance with SEBI regulations. The registrar confirmed that all securities received from depository participants for dematerialization up to March 31, 2026, were properly processed and confirmed to the depositories.

The certification includes key compliance confirmations:

  • Securities received for dematerialization were accepted or rejected as appropriate
  • All securities comprised in certificates have been listed on relevant stock exchanges
  • Security certificates received for dematerialization were properly mutilated and cancelled after verification
  • Depository names were substituted in the register of members within the mandated 15-day period

Corporate Governance Standards

This quarterly filing represents part of Mysore Petro Chemicals Limited's ongoing commitment to regulatory compliance and transparent corporate governance. The systematic submission of required certificates ensures adherence to SEBI guidelines and maintains the company's good standing with regulatory authorities and stock exchanges.

The digital signature authentication on the filing, timestamped at 15:41:08 on April 6, 2026, provides additional security and verification for the regulatory submission, meeting modern standards for electronic document authentication in corporate filings.

Historical Stock Returns for Mysore Petro Chemicals

1 Day5 Days1 Month6 Months1 Year5 Years
+1.35%+2.34%+16.52%-2.76%-18.76%-19.45%

Will Mysore Petro Chemicals' consistent regulatory compliance improve its ESG ratings and attract institutional investors in FY27?

How might the company's strong governance practices position it for potential strategic partnerships or acquisitions in the petrochemicals sector?

Could the systematic compliance framework help Mysore Petro Chemicals qualify for inclusion in governance-focused investment indices?

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1 Year Returns:-18.76%