Promoter Pareshkumar Subodhchandra Shah of neptune petrochemicals confirmed that he, along with other promoters, the promoter group, and persons acting in concert, has not created any encumbrance on shares during the financial year ended March 31, 2026. The disclosure was submitted to the National Stock Exchange of India Ltd. on April 6, 2026, under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

The declaration states that no shares were encumbered directly or indirectly by the promoter group throughout FY26. This filing serves as a formal compliance requirement to inform the exchange regarding the status of shareholding during the specified period.

Disclosure Details

The filing provides specific details regarding the declaration made by the promoter:

The declaration was signed digitally by Pareshkumar Subodhchandra Shah on April 6, 2026, at 15:24:13 IST. Copies of the disclosure were also forwarded to the company and its Audit Committee for their records.

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.