SK Minerals reports Q1FY27 turnover of Rs. 6447.76 Lakhs

1 min read     Updated on 02 Jul 2026, 06:31 PM
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SK Minerals & Additives Limited reported a turnover of Rs. 6447.76 Lakhs for Q1FY27, an 87.76% YoY increase from Rs. 3434.04 Lakhs in Q1FY26. Sequentially, revenue declined from Rs. 12708.35 Lakhs in Q4FY26.

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SK Minerals & Additives Limited disclosed a turnover of Rs. 6447.76 Lakhs for the quarter ended June 30, 2026, reflecting significant growth compared to the same period in the prior year. The company reported this figure in a regulatory filing submitted to BSE Limited, detailing its operational performance for the first quarter of FY27. The revenue surge highlights increased business activity for the manufacturer and supplier of advanced additives, nutrients, and chemicals.

The financial data reveals a substantial year-on-year expansion in revenue from operations. For the quarter ended June 2026, the company achieved Rs. 6447.76 Lakhs in turnover, up from Rs. 3434.04 Lakhs in the quarter ended June 2025. This represents an 87.76% growth on a year-on-year basis. However, the figure shows a decline from the immediately preceding quarter ended March 2026, which recorded a turnover of Rs. 12708.35 Lakhs.

Financial Performance

The following table outlines the turnover performance of SK Minerals & Additives Limited across different periods:

Particulars Quarter Ending June, 2026 Quarter Ended March, 2026 Quarter ended June, 2025 YOY Growth
Revenue from Operations
(in Lakhs)
6447.76 12708.35 3434.04 87.76%

The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was signed by Mohit Jindal, Chairman & Managing Director of the company.

Historical Stock Returns for SK Minerals & Additives

1 Day5 Days1 Month6 Months1 Year5 Years
-0.79%+0.63%-3.21%+160.00%+147.62%+147.62%

What factors contributed to the significant quarter-on-quarter decline from March 2026 to June 2026?

Will the company maintain this high growth trajectory throughout the remainder of FY27?

How are input cost inflation and raw material availability expected to impact profit margins given the revenue surge?

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SK Minerals revises warrant allottee list for EGM

1 min read     Updated on 29 Jun 2026, 04:53 PM
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SK Minerals & Additives Limited issued a corrigendum to its EGM notice for July 09, 2026, revising the list of allottees for a preferential issue of 5,500,000 convertible warrants at ₹397 each. The total issue size amounts to ₹2,183,500,000, with 2,800,000 warrants allocated to promoters and 2,700,000 to non-promoters. Post-issue, promoter holding will dilute to 66.52%, while public holding will rise to 33.48%, with no change in company control.

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SK Minerals & Additives Limited has revised the list of proposed allottees for the preferential issue of convertible warrants scheduled for approval at its Extraordinary General Meeting (EGM) on July 09, 2026. The company will issue 5,500,000 warrants at a price of ₹397 per warrant, including a premium of ₹387, to raise a total of ₹2,183,500,000.

The corrigendum, issued in compliance with a request from BSE Limited dated June 22, 2026, substitutes the previous table of allottees with a revised list. The issue comprises 2,800,000 warrants to promoters and the promoter group, and 2,700,000 warrants to non-promoters. The issue price remains unchanged from the original notice dated June 17, 2026.

Preferential Allotment Details

The preferential issue is divided between promoter and non-promoter categories. The total consideration for the promoter and promoter group category is ₹1,111,600,000, while the non-promoter category will contribute ₹1,071,900,000.

Category Number of Warrants Consideration (₹)
Promoter/Promoter Group 2,800,000 1,111,600,000
Non-Promoter 2,700,000 1,071,900,000
Total 5,500,000 2,183,500,000

Shareholding Pattern

Following the conversion of warrants into equity shares, the shareholding pattern of the company will undergo a change. The promoters' shareholding will decrease from 73.53% to 66.52%, while the public shareholding will increase from 26.47% to 33.48%. The total paid-up equity share capital will increase from 12,240,000 shares to 17,740,000 shares.

Category Pre-Issue Shares Pre-Issue % Post-Issue Shares Post-Issue %
Promoters and Promoter Group 8,999,982 73.53 11,799,982 66.52
Public 3,240,018 26.47 5,940,018 33.48
Total 12,240,000 100.00 17,740,000 100.00

The company stated that the proposed allotment will not result in any change in the control or management of SK Minerals & Additives Limited. The corrigendum also includes a clause regarding the re-computation of the price of specified securities in accordance with SEBI ICDR regulations, ensuring that securities remain locked-in until any required payments are made.

Historical Stock Returns for SK Minerals & Additives

1 Day5 Days1 Month6 Months1 Year5 Years
-0.79%+0.63%-3.21%+160.00%+147.62%+147.62%

How does the company plan to utilize the ₹2,183.5 million raised through this preferential issue?

What impact will the dilution of promoter holding from 73.53% to 66.52% have on the company's governance and strategic decision-making?

Who are the specific non-promoter investors participating in this allotment, and what strategic value do they bring?

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