Sicagen India Limited Announces Senior Management Personnel Change

1 min read     Updated on 25 Mar 2026, 11:58 PM
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AI Summary

Sicagen India Limited has announced the resignation of Mr. V. Venkatesh, Senior Manager-Operations from the Speciality Chemical Division, effective March 25, 2026, due to personal reasons. The company has accepted his resignation and he will be relieved from services on or before May 20, 2026. The disclosure was made in compliance with SEBI Listing Regulations and includes all required documentation and regulatory filings.

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Sicagen India Limited has announced a change in its senior management personnel, informing BSE Limited about the resignation of a key operations manager. The company made the disclosure under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Senior Management Personnel Change

Mr. V. Venkatesh, who served as Senior Manager-Operations in the Speciality Chemical Division, has submitted his resignation on March 25, 2026. The resignation was attributed to personal reasons, with the company confirming that there are no other material reasons for his departure.

Parameter: Details
Position: Senior Manager-Operations (Speciality Chemical Division)
Resignation Date: March 25, 2026
Relieving Date: On or before May 20, 2026
Reason: Personal reasons
Employee Number: 13107

Regulatory Compliance

The company has fulfilled its disclosure obligations by providing detailed information as required under SEBI regulations. The announcement includes all necessary documentation, including the formal resignation letter and annexures detailing the change in senior management personnel.

Sicagen India Limited confirmed that the resignation has been accepted by the company and Mr. Venkatesh will be relieved from his services on or before May 20, 2026. The disclosure was signed by Company Secretary Ankita Jain and made available on the company's website at www.sicagen.com .

Company Information

Sicagen India Limited operates as an ISO 9001:2015 certified company with its registered and corporate office located at 4th Floor, Spic House, 88, Mount Road, Guindy, Chennai. The company trades on BSE with scrip code 533014 and maintains its corporate identification number as L74900TN2004PLC053467.

Historical Stock Returns for Sicagen

1 Day5 Days1 Month6 Months1 Year5 Years
-100.00%+2.81%-3.47%-27.28%-24.37%+235.39%

How will Sicagen India plan to fill the Senior Manager-Operations position and what impact might this have on their Speciality Chemical Division's operations?

Could this resignation signal broader organizational changes or restructuring within Sicagen's specialty chemicals business?

What measures will the company implement to ensure continuity of operations during the transition period until May 20, 2026?

Sicagen India Limited Reports Strong Q3 FY26 Financial Performance with Revenue Growth

2 min read     Updated on 30 Jan 2026, 01:52 PM
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AI Summary

Sicagen India Limited reported strong Q3 FY26 results with consolidated revenue from operations of ₹26,427 lakhs, up 25.9% from ₹20,992 lakhs in Q3 FY25. Net profit after tax increased to ₹493 lakhs compared to ₹420 lakhs in the previous year. For nine months FY26, consolidated revenue reached ₹69,557 lakhs with net profit of ₹1,361 lakhs. The company operates through Trading and Manufacturing segments, with results approved by the Board on January 30, 2026.

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Sicagen India Limited has announced its unaudited financial results for the quarter and nine months ended December 31, 2025, showcasing strong operational performance across both standalone and consolidated operations. The Chennai-based company, which operates in trading and manufacturing segments, reported significant growth in revenue and profitability during the third quarter of FY26.

Consolidated Financial Performance

The company's consolidated operations demonstrated robust growth during Q3 FY26. Revenue from operations increased substantially, while profitability metrics showed positive momentum across key parameters.

Metric Q3 FY26 Q3 FY25 Change
Revenue from Operations ₹26,427 lakhs ₹20,992 lakhs +25.9%
Total Revenue ₹26,727 lakhs ₹21,130 lakhs +26.5%
Profit Before Tax ₹691 lakhs ₹551 lakhs +25.4%
Net Profit After Tax ₹493 lakhs ₹420 lakhs +17.4%
Earnings Per Share ₹1.25 ₹1.06 +17.9%

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, the consolidated performance continued to reflect strong operational efficiency and market positioning.

Parameter Nine Months FY26 Nine Months FY25 Growth
Revenue from Operations ₹69,557 lakhs ₹63,989 lakhs +8.7%
Net Profit After Tax ₹1,361 lakhs ₹1,314 lakhs +3.6%
Earnings Per Share ₹3.44 ₹3.32 +3.6%

Standalone Financial Results

The standalone operations also showed positive performance trends during the quarter. Revenue from operations reached ₹13,433 lakhs in Q3 FY26 compared to ₹12,273 lakhs in Q3 FY25. Net profit after tax for the standalone entity was ₹393 lakhs versus ₹327 lakhs in the corresponding previous quarter.

Segment-wise Performance

Sicagen operates through two primary business segments that contributed to the overall performance:

Trading Segment: Comprises Building Materials, Steel Fabrication and Power & Control Systems. The consolidated trading segment generated revenue of ₹14,854 lakhs in Q3 FY26.

Manufacturing Segment: Includes Industrial Packaging, Specialty Chemicals and Cables. This segment reported revenue of ₹11,573 lakhs during the quarter.

Regulatory and Operational Updates

The company addressed the impact of new Labour Codes notified by the Government of India on November 21, 2025. The incremental impact of ₹31 lakhs, consisting of gratuity of ₹29 lakhs and long-term compensated absences of ₹2 lakhs, has been presented as exceptional items. This impact primarily arises due to changes in wage definition under the consolidated labour laws.

Corporate Governance

The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on January 30, 2026. The meeting commenced at 12:00 p.m. (IST) and concluded at 12:55 p.m. (IST). The results have been prepared in accordance with Indian Accounting Standards (Ind AS) and were subject to limited review by statutory auditors SRSV & Associates, Chartered Accountants.

Historical Stock Returns for Sicagen

1 Day5 Days1 Month6 Months1 Year5 Years
-100.00%+2.81%-3.47%-27.28%-24.37%+235.39%

More News on Sicagen

1 Year Returns:-24.37%