Poddar Pigments FY26: Net Profit ₹1,476 Lakh, Dividend ₹4
Poddar Pigments reported a net profit of ₹1,475.94 lakh for FY26, a decline from ₹2,281.80 lakh in the previous year, on total income from operations of ₹38,170.64 lakh. The board recommended a final dividend of ₹4 per share, subject to shareholder approval, and commissioned a 3.51 MWp Solar Power Plant in January 2026.

*this image is generated using AI for illustrative purposes only.
Poddar Pigments Limited held its Board of Directors meeting on May 15, 2026, to consider and approve the audited financial results for the quarter and financial year ended March 31, 2026. The board also recommended a final dividend for FY2025-26. The results were audited by M/s. K.N. Gutgutia & Co., Chartered Accountants, Statutory Auditors of the Company, who issued an audit report with an unmodified opinion. The declaration to this effect was made by Yug Mahesshwari, Chief Financial Officer, in accordance with Regulation 33(3)(d) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.
Financial Performance: Quarter and Year Ended March 31, 2026
The company reported total income from operations of ₹38,170.64 lakh for the full year ended March 31, 2026, compared to ₹37,546.97 lakh in the previous year. Net profit after tax for the year stood at ₹1,475.94 lakh, against ₹2,281.80 lakh in the prior year. Profit before tax for the full year was ₹2,004.33 lakh, compared to ₹3,034.94 lakh previously. The following table summarises the key financial metrics:
| Metric: | Q4 FY26 (Audited) | Q3 FY26 (Unaudited) | Q4 FY25 (Audited) | FY26 (Audited) | FY25 (Audited) |
|---|---|---|---|---|---|
| Total Income from Operations (₹ lakh): | 10,405.88 | 9,198.39 | 8,857.69 | 38,170.64 | 37,546.97 |
| Profit Before Tax (₹ lakh): | 475.51 | 405.74 | 615.41 | 2,004.33 | 3,034.94 |
| Net Profit After Tax (₹ lakh): | 474.36 | 225.37 | 514.06 | 1,475.94 | 2,281.80 |
| Total Comprehensive Income (₹ lakh): | (1,249.81) | (391.51) | 6.44 | (902.17) | 1,925.63 |
| Basic EPS (₹): | 4.47 | 2.12 | 4.85 | 13.91 | 21.51 |
| Diluted EPS (₹): | 4.47 | 2.12 | 4.85 | 13.91 | 21.51 |
Balance Sheet Highlights
As at March 31, 2026, the company's total assets stood at ₹41,198.92 lakh, compared to ₹41,356.70 lakh as at March 31, 2025. Total equity was ₹35,062.24 lakh, comprising equity share capital of ₹1,061.00 lakh and other equity of ₹34,001.24 lakh. Key balance sheet figures are presented below:
| Particulars: | As at 31-Mar-26 (₹ lakh) | As at 31-Mar-25 (₹ lakh) |
|---|---|---|
| Total Non-Current Assets: | 22,212.23 | 22,721.65 |
| Total Current Assets: | 18,986.69 | 18,635.05 |
| Total Assets: | 41,198.92 | 41,356.70 |
| Equity Share Capital: | 1,061.00 | 1,061.00 |
| Other Equity: | 34,001.24 | 35,280.00 |
| Total Equity: | 35,062.24 | 36,341.00 |
| Total Non-Current Liabilities: | 1,334.45 | 1,386.19 |
| Total Current Liabilities: | 4,802.23 | 3,629.51 |
| Total Equity and Liabilities: | 41,198.92 | 41,356.70 |
Cash Flow Summary
For the year ended March 31, 2026, Poddar Pigments generated net cash flows from operating activities of ₹5,516.64 lakh, compared to ₹1,221.78 lakh in the previous year. Net cash used in investing activities was ₹4,100.85 lakh, primarily on account of purchase of property, plant and equipment amounting to ₹3,176.43 lakh. Net cash used in financing activities was ₹1,151.76 lakh, which included dividends paid to equity holders of ₹424.40 lakh and repayment of short-term borrowings of ₹612.71 lakh. Cash and cash equivalents at the year end stood at ₹349.17 lakh, against ₹85.15 lakh at the beginning of the year.
Dividend and Key Corporate Developments
The board recommended a final dividend at the rate of 40%, i.e., ₹4/- per equity share of ₹10/- each for the financial year ended March 31, 2026, subject to the approval of shareholders at the ensuing 35th Annual General Meeting. The total outgo on this account will be ₹424.40 lakh. The book closure date has been fixed at 7 days before the date of the 35th Annual General Meeting. Additionally, the company successfully commissioned a Solar Power Plant of 3.51 MWp (3510 KWp) on January 23, 2026, at Village Sangarh, District Jaisalmer, Rajasthan. The company operates in a single reportable business segment, namely Master Batches. The audited results were reviewed by the Audit Committee and approved by the Board of Directors at the meeting held on May 15, 2026.
Historical Stock Returns for Poddar Pigments
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.04% | +1.29% | +0.81% | -0.23% | -14.80% | +14.23% |
How will the 3.51 MWp solar plant in Rajasthan impact Poddar Pigments' energy costs and margins in FY2026-27, and are there plans to expand renewable energy capacity further?
Given the significant decline in net profit from ₹2,281.80 lakh to ₹1,475.94 lakh despite relatively stable revenues, what specific cost pressures or margin headwinds could persist into FY2026-27?
With total comprehensive income turning deeply negative at ₹(902.17) lakh, largely driven by other comprehensive income losses, what underlying factors such as actuarial losses or investment write-downs could continue to weigh on shareholder equity?


































