Neptune Petrochemicals FY26 Net Profit Rises 21% to ₹3,033.90 Lakh
Neptune Petrochemicals Limited reported a 21% rise in net profit to ₹3,033.90 lakh for FY26, with revenue from operations growing to ₹1,05,204.63 lakh. The company's total expenses increased to ₹1,02,262.24 lakh. The Board approved the audited results on May 20, 2026, and confirmed that ₹6,586.07 lakh of IPO proceeds had been utilized as of March 31, 2026.

*this image is generated using AI for illustrative purposes only.
Neptune Petrochemicals Limited has announced its audited standalone and consolidated financial results for the financial year ended March 31, 2026. The company reported a net profit of ₹3,033.90 lakh for the year, representing a 21% increase over the previous year's net profit of ₹2,510.05 lakh. Revenue from operations for FY26 stood at ₹1,05,204.63 lakh, compared to ₹94,793.78 lakh in the corresponding period last year.
Financial Performance
The company's total revenue for the year increased to ₹1,06,313.50 lakh, up from ₹95,916.72 lakh in FY25. Total expenses for the period were reported at ₹1,02,262.24 lakh, higher than the ₹92,516.78 lakh recorded in the previous year. Profit before tax for the year improved to ₹4,051.26 lakh from ₹3,399.93 lakh in the prior year.
The basic and diluted earnings per share (EPS) for the year stood at 14.02, compared to 15.62 in the previous year. The paid-up equity share capital of the company increased to ₹2,265.35 lakh as of March 31, 2026, from ₹1,665.35 lakh in the previous year.
Operational Highlights
For the half-year ended March 31, 2026, the company reported a net profit of ₹1,579.14 lakh and revenue from operations of ₹64,547.20 lakh. The statutory auditors, MAAK & Associates, have expressed an unmodified audit opinion on the standalone and consolidated financial results. The company operates in a single reportable business segment, the manufacturing of bitumen and allied products.
Utilization of IPO Proceeds
The company provided details regarding the utilization of funds raised through its Initial Public Offer (IPO). The total amount received from the IPO was ₹7,320.00 lakh. As of March 31, 2026, the company had utilized ₹6,586.07 lakh towards various objects including working capital requirements, capital expenditure, and general corporate expenses. An unutilized amount of ₹733.93 lakh remains, of which ₹686.22 lakh is invested in fixed deposits and ₹47.71 lakh is held in a current account.
| Financial Metric | Year Ended 31-Mar-26 (₹ in Lakhs) | Year Ended 31-Mar-25 (₹ in Lakhs) |
|---|---|---|
| Revenue from Operations | 1,05,204.63 | 94,793.78 |
| Total Revenue | 1,06,313.50 | 95,916.72 |
| Total Expenses | 1,02,262.24 | 92,516.78 |
| Profit Before Tax | 4,051.26 | 3,399.93 |
| Net Profit | 3,033.90 | 2,510.05 |
| Basic EPS | 14.02 | 15.62 |
Historical Stock Returns for Neptune Petrochemicals
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.39% | -4.38% | -11.62% | +15.22% | +33.12% | +33.12% |
How does Neptune Petrochemicals plan to deploy the remaining ₹733.93 lakh of unutilized IPO proceeds, and will the company consider raising additional capital for expansion?
Given the decline in EPS from ₹15.62 to ₹14.02 despite higher net profits, how will the increased equity share capital impact shareholder returns in FY27?
With revenue growing ~11% but expenses growing at a similar pace, what margin improvement strategies is Neptune Petrochemicals pursuing to enhance profitability in the bitumen segment?

























