Phyto Chem FY26 net loss widens to ₹180.28 lakh
Phyto Chem (India) Limited reported a widened net loss of ₹180.28 lakh for FY26 as revenue fell 35.6% to ₹907.05 lakh. The Board approved the audited results on May 29, 2026.

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[Phyto Chem (India) Limited](phyto chem) reported a widened net loss of ₹180.28 lakh for the financial year ended March 31, 2026, compared to a net loss of ₹99.15 lakh in the previous year, as revenue from operations declined 35.6% to ₹907.05 lakh. The company's Board of Directors approved the audited financial results for the fourth quarter and fiscal year during a meeting held on May 29, 2026. The statutory auditors, M/s. Yelamanchi & Associates, issued an unmodified opinion on the results, confirming compliance with Indian Accounting Standards (Ind AS) and SEBI regulations.
Financial Performance
The decline in financial performance was driven by a sharp drop in revenue, which fell from ₹1407.84 lakh in FY25 to ₹907.05 lakh in FY26. For the fourth quarter ended March 31, 2026, the company reported a net loss of ₹27.63 lakh on revenue of ₹23.16 lakh. Total income for the year decreased to ₹1090.25 lakh from ₹1655.11 lakh in the prior year. The company operates primarily in the manufacturing and marketing of pesticide formulations.
| Parameter | FY26 (₹ in Lakhs) | FY25 (₹ in Lakhs) |
|---|---|---|
| Revenue from operations | 907.05 | 1407.84 |
| Total Income | 1090.25 | 1655.11 |
| Net Profit / (Loss) | (180.28) | (99.15) |
| Basic EPS | (4.19) | (2.31) |
Legal and Business Updates
Apart from the financial results, the Board noted the filing of a claim application before the Interim Resolution Professional (IRP) appointed by the National Company Law Tribunal (NCLT). The claim of ₹6,21,84,043.42 has been submitted against M/s. Siri Smelters & Energy Private Limited, identified as a corporate debtor, under the Insolvency and Bankruptcy Code proceedings. The company filed the claim as an operational creditor on May 25, 2026, and the admission or reconciliation process is currently underway.
Asset and Liability Position
The company's balance sheet size contracted marginally, with total assets standing at ₹2805.29 lakh as of March 31, 2026, compared to ₹2788.66 lakh a year earlier. Current liabilities increased to ₹2278.98 lakh from ₹1982.59 lakh, primarily due to higher borrowings and trade payables. Cash and cash equivalents decreased to ₹2.37 lakh from ₹4.61 lakh in the previous year.
Historical Stock Returns for Phyto Chem
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -4.29% | -16.63% | -6.21% | -21.92% | -16.91% | +0.49% |
What strategic initiatives will Phyto Chem implement to reverse the 35.6% decline in revenue?
How does the company plan to manage increased current liabilities given the drastic reduction in cash reserves?
What is the expected timeline for the resolution of the ₹6.21 crore claim against Siri Smelters & Energy Private Limited?































