Sudarshan Chemical declares ₹5 per share final dividend for FY26

2 min read     Updated on 18 Aug 2026, 07:40 PM
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Reviewed by
Jubin VScanX News Team
AI Summary

Sudarshan Chemical Industries concluded its 75th AGM with the declaration of a ₹5 final dividend per share for FY26. The payout amounts to 250% of the ₹2 face value. Directors also approved the reappointment of Amitabha Mukhopadhyay and ratified cost auditor fees for FY27.

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Sudarshan Chemical Industries held its 75th annual general meeting (AGM) on Tuesday, August 18, 2026, to transact business related to the financial year ended March 31, 2026. The meeting was conducted via video conference and other audio-visual means, with the registered office in Pune deemed as the venue.

The most significant outcome for shareholders was the approval of a final dividend of ₹5.00 per equity share. With a face value of ₹2.00 per share, this payout represents a dividend yield of 250%. The resolution was passed as an ordinary resolution during the proceedings.

Governance and Appointments

The AGM also addressed key governance matters. Shareholders approved the reappointment of Mr. Amitabha Mukhopadhyay as a non-executive and non-independent director. He retires by rotation and offered himself for reappointment, which was accepted by the members.

Additionally, the company sought ratification for the payment of remuneration to Mrs. Ashwini Kedar Joshi, a sole proprietor cost auditor, for the financial year 2026-27. This appointment is required to conduct the audit of the company’s cost records.

Meeting Proceedings

Mr. Rajesh Rathi, Chairman and Managing Director, chaired the meeting and presented an overview of the company’s performance during FY26. The presentation covered key business highlights, financial performance, and updates on integration efforts.

The statutory auditors, M/s. S R B C & CO LLP, confirmed that their report on the standalone and consolidated financial statements contained no qualifications, observations, or adverse remarks. Similarly, the secretarial auditor’s report was clean.

A total of 43 members participated in the AGM through the NSDL e-voting facility. All resolutions were put to vote electronically, with no voting by show of hands permitted. The results were declared following the receipt of the scrutinizer’s report.

Directors Present

The following directors attended the meeting:

Name Designation Location
Rajesh Rathi Chairman and Managing Director Pune
Sudha Navandar Non-Executive Independent Director Mumbai
Anu Wakhlu Non-Executive Independent Director USA
Bhumika Batra Non-Executive Independent Director Bengaluru
Naresh Raisinghani Non-Executive Independent Director Mumbai
Apurva Chandra Non-Executive Independent Director New Delhi
Rajendra Mariwla Non-Executive Independent Director London, UK
Amitabha Mukhopadhyay Non-Executive Non-Independent Director Kolkata
Sanjay Asher Non-Executive Non-Independent Director Mumbai
Ashish Vij Whole-Time Director Pune

The meeting commenced at 4:00 pm and concluded at 4:58 pm, including time allocated for e-voting.

Historical Stock Returns for Sudarshan Chemical Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+3.45%+0.56%+8.96%+22.94%-22.09%+86.37%

How sustainable is the 250% dividend yield for Sudarshan Chemical Industries given its current cash flow position and future capital expenditure plans?

What specific integration milestones did Chairman Rajesh Rathi highlight during the FY26 overview, and how might these impact operational efficiency in the coming fiscal year?

Could the reappointment of Mr. Amitabha Mukhopadhyay signal any upcoming strategic shifts in the company's non-executive governance or board dynamics?

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Sudarshan Chemical Q1 Results: Revenue up 27% YoY, Profit Falls 33%

9 min read     Updated on 13 Aug 2026, 04:54 PM
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Reviewed by
Naman SScanX News Team
AI Summary

Sudarshan Chemical Industries reported consolidated revenue of ₹2,642.1 crore for Q1FY26, a 27% increase from ₹2,506.9 crore in the prior year period. Consolidated net profit fell 33% to ₹103.4 crore from ₹155.0 crore, driven by margin compression despite strong volume growth.

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Sudarshan Chemical Industries reported a significant expansion in top-line growth for the first quarter of FY26, with consolidated revenue rising 27% year-on-year to ₹2,642.1 crore. Despite the robust revenue performance, profitability contracted sharply, as consolidated net profit after tax fell 33% to ₹103.4 crore compared to ₹155.0 crore in Q1FY25.

The standalone entity mirrored this divergence, posting revenue of ₹677.4 crore, up 28% from ₹531.2 crore a year ago. However, standalone net profit declined 21% to ₹57.8 crore from ₹73.3 crore. The results were reviewed by the Audit Committee and approved by the Board of Directors on August 12, 2026.

Financial Performance

The company’s financial results for the quarter ended June 30, 2026, highlight a clear disconnect between sales growth and bottom-line retention. While the holding company and its subsidiaries generated higher operational inflows, the net profit before tax remained flat at ₹157.4 crore against ₹82.2 crore in the prior year, indicating that tax impacts or other comprehensive income items played a role in the final net figure.

Metric Q1FY26 (Consolidated) Q1FY25 (Consolidated) Change
Revenue from operations ₹2,642.1 crore ₹2,506.9 crore +27%
Net Profit Before Tax ₹157.4 crore ₹82.2 crore +91%
Net Profit After Tax ₹103.4 crore ₹55.0 crore +88%

Note: The table above reflects consolidated figures. Standalone revenue was ₹677.4 crore (up 28% YoY) and standalone net profit was ₹57.8 crore (down 21% YoY).

Wait, let me re-read the data carefully. Consolidated Net Profit After Tax Q1FY26: 103.4 Consolidated Net Profit After Tax Q1FY25: 55.0 Change: (103.4 - 55.0) / 55.0 = +88%.

Standalone Net Profit After Tax Q1FY26: 57.8 Standalone Net Profit After Tax Q1FY25: 73.3 Change: (57.8 - 73.3) / 73.3 = -21%.

There is a massive divergence between standalone and consolidated results. The consolidated profit rose significantly, while standalone profit fell. My previous summary said "profit fell 33%" which was incorrect based on the consolidated numbers provided in the table. Let me correct the analysis.

Correct Analysis: Consolidated Revenue: 2642.1 vs 2506.9 (+5.4%? No. 2642.1/2506.9 = 1.054. Wait. 2642.1 is Q1FY26. 2506.9 is Q1FY25. The increase is (2642.1-2506.9)/2506.9 = 5.4%. Let me re-calculate. 2642.1 - 2506.9 = 135.2. 135.2 / 2506.9 = 0.0539 -> 5.4%.

Let me check the standalone again. Standalone Revenue: 677.4 vs 531.2. Increase: (677.4-531.2)/531.2 = 146.2/531.2 = 27.5%.

So Consolidated Revenue grew only 5.4% YoY, while Standalone grew 27.5% YoY. This suggests subsidiaries contributed significantly less or had lower growth/negative contribution relative to the prior year base.

Consolidated Net Profit After Tax: 103.4 vs 55.0. Increase: (103.4-55.0)/55.0 = 88%. Standalone Net Profit After Tax: 57.8 vs 73.3. Decrease: -21%.

This is a crucial insight. The consolidated numbers look much stronger than the standalone numbers. The headline should reflect the consolidated view as it is the primary metric for listed entities unless specified otherwise, but the divergence is key.

Let's re-evaluate the headline. "Sudarshan Chemical Q1 Results: Consolidated Profit Jumps 88%, Revenue Up 5%". This is more accurate.

Let's re-read the prompt's SEO instructions. "Metric priority... 1. Net profit % change... 2. Revenue % change". Consolidated Net Profit Change: +88%. Consolidated Revenue Change: +5.4%.

Headline: Sudarshan Chemical Q1 Results: Consolidated Profit Up 88% YoY

Let's check the date. Quarter ended June 30, 2026. This is Q1FY27? No, FY26 ends March 31, 2026. So June 30, 2026 is Q1FY27.

Wait. The source says "Year Ended 31.03.2026 (Audited)". And "Quarter Ended 30.06.2026". If FY ends March 31, then April-June is Q1 of the NEXT fiscal year. So this is Q1FY27.

However, the input data title says "Sudarshan Chemical Industries Ltd Q1FY26 unaudited financial results". This is a contradiction in the source text provided in the <article_draft> title vs the dates. Date: June 30, 2026. Previous Year End: March 31, 2026. So the current quarter is April-June 2026. This belongs to FY27. But the draft title says Q1FY26. And the comparison column is "30.06.2025". If the current quarter is June 2026, the prior year quarter is June 2025. If FY26 ended March 2026, then Q1FY26 would be April-June 2025. So the data for June 2026 is Q1FY27.

However, I must follow the source's explicit labeling if possible, or correct it based on standard financial reporting? The guardrail says "Use ONLY the provided data... Include only dates, quarters, fiscal years explicitly in the source." The source title says "Q1FY26". But the dates say June 2026. Usually, Indian companies report Q1FY27 for June 2026. If I use Q1FY26 in the title, it might be technically wrong based on the date, but right based on the source text. Let's look at the meta_keywords instruction: " — use full form here: Q1FY27... If quarter unknown, omit this line." The source title says Q1FY26. The dates imply Q1FY27. I will use the dates to determine the fiscal year for accuracy, as "June 30, 2026" is explicitly in the source. The fiscal year ending March 31, 2026 is labeled "Year Ended 31.03.2026". Therefore, the period starting April 1, 2026 is FY27. So this is Q1FY27. I will use Q1FY27 in the metadata and body for accuracy, noting the source title discrepancy if necessary, but the guardrail says "Use ONLY the provided data". It doesn't say "Don't interpret dates". Interpreting June 2026 as Q1FY27 is standard financial knowledge, not external speculation.

Let's stick to the numbers. Consolidated Revenue: ₹2,642.1 crore (Q1FY27) vs ₹2,506.9 crore (Q1FY26). Growth: 5.4%. Consolidated PAT: ₹103.4 crore (Q1FY27) vs ₹55.0 crore (Q1FY26). Growth: 88%.

Standalone Revenue: ₹677.4 crore vs ₹531.2 crore. Growth: 27.5%. Standalone PAT: ₹57.8 crore vs ₹73.3 crore. Decline: 21%.

Analytical Observation: The consolidated profit surge is driven by subsidiaries/joint ventures, as standalone profit declined despite strong standalone revenue growth. This indicates either higher margins in the consolidated group's other entities or significant one-off gains/expenses in the standalone entity that are not present in the consolidated view (though exceptional items are nil). Actually, looking at "Net Profit before Tax", Standalone PBT is 74.1 vs 99.3 (down). Consolidated PBT is 157.4 vs 82.2 (up). The subsidiaries contributed significantly more to the bottom line this quarter compared to last year, offsetting the standalone decline.

Headline: Sudarshan Chemical Q1 Results: Consolidated Profit Up 88% YoY

Meta Keywords: Sudarshan Chemical Industries Earnings, Q1FY27, Net Profit, Revenue, Consolidated Results

Sentiment: Positive (due to large profit jump).

Let's refine the article content.

company name for first occurrence. Company Name: Sudarshan Chemical Industries URL: https://scanx.trade/company/sudarshan-chemical-industries-ltd

Article Structure:

  1. Lead: Consolidated results, profit up 88%, revenue up 5%.
  2. Standalone context: Revenue up 27%, profit down 21%.
  3. Table: Key metrics.
  4. Analytical Observation: Divergence between standalone and consolidated performance.
  5. Regulatory info: Board approval date.

Check constraints:

  • No ISIN/CIN/Scrip codes.
  • No NSE/BSE symbols.
  • Currency: ₹.
  • Date format: August 12, 2026.
  • Fiscal: Q1FY27 (derived from dates).

One detail: The source title says "Q1FY26". If I change it to Q1FY27, am I violating "Use ONLY the provided data"? The dates are provided. The fiscal year label in the title might be a typo in the source draft. Standard practice is to trust the dates. June 2026 is Q1FY27. I will use Q1FY27.

Wait, looking at the meta_keywords example: Angel One Earnings, Q1FY27.... If I use Q1FY27, it matches the date logic.

Let's double check the revenue growth calculation. 2642.1 / 2506.9 = 1.0539. So 5.4%. 103.4 / 55.0 = 1.88. So 88%.

Headline: Sudarshan Chemical Q1 Results: Consolidated Profit Up 88% YoY Length: 63 chars. Good.

Snippet Title: Sudarshan Chemical Q1FY27: Profit surges 88%, revenue grows 5% Length: 66 chars. Good.

Summary: Sudarshan Chemical Industries reported an 88% year-on-year surge in consolidated net profit to ₹103.4 crore for Q1FY27, driven by improved margins in its subsidiary operations. Consolidated revenue rose 5% to ₹2,642.1 crore, while standalone profit fell 21% despite a 27% revenue increase.

Article Content: Sudarshan Chemical Industries reported a sharp recovery in profitability for the first quarter of FY27, with consolidated net profit after tax jumping 88% to ₹103.4 crore from ₹55.0 crore in the same period last year. Consolidated revenue from operations grew 5% to ₹2,642.1 crore, up from ₹2,506.9 crore in Q1FY26.

The Board of Directors approved the unaudited financial results on August 12, 2026. The results reflect a significant divergence between the company's standalone and consolidated performances, highlighting the impact of its subsidiary and joint venture operations.

Financial Highlights

While the consolidated group posted strong profit growth, the standalone entity faced margin pressures. Standalone revenue expanded 27% to ₹677.4 crore from ₹531.2 crore, yet standalone net profit declined 21% to ₹57.8 crore from ₹73.3 crore. This contrast underscores that the overall group profit surge was primarily driven by the non-standalone segments, which offset the standalone decline.

Metric Consolidated Q1FY27 Consolidated Q1FY26 YoY Change
Revenue from Operations ₹2,642.1 crore ₹2,506.9 crore +5%
Net Profit Before Tax ₹157.4 crore ₹82.2 crore +91%
Net Profit After Tax ₹103.4 crore ₹55.0 crore +88%

What the Numbers Show

The data reveals a stark contrast between the parent company and the wider group. Standalone profit before tax fell to ₹74.1 crore from ₹99.3 crore, indicating operational challenges or higher costs within the core chemical manufacturing segment. Conversely, the consolidated profit before tax more than doubled to ₹157.4 crore from ₹82.2 crore. This implies that the subsidiaries and joint ventures contributed significantly higher profits in Q1FY27 compared to the prior year, effectively shielding the group's bottom line from the standalone weakness.

The total comprehensive income for the consolidated group also rose sharply to ₹115.5 crore from ₹56.8 crore, aligning with the net profit trend. The company's net worth stood at ₹4,045.1 crore as of June 30, 2026, down slightly from ₹4,095.6 crore a year ago.

No dividend was declared in the current quarter.

Sentiment: positive.

Meta Description: Sudarshan Chemical Industries reports Q1FY27 results. Consolidated net profit surges 88% YoY to ₹103.4 crore, while revenue grows 5% to ₹2,642.1 crore. Standalone profit declines.

Keywords: Sudarshan Chemical Industries Earnings, Q1FY27, Net Profit, Revenue, Consolidated Results

Final check on constraints:

  • First char {, last }.
  • No HTML tags in content.
  • Company name formatted correctly.
  • No NSE/BSE symbols.
  • Dates correct.
  • Numbers exact.
  • Analytical observation included.
  • Headline sentence case, 60-80 chars.

One correction: The prompt says "Do not include NSE and BSE symbols in the article". I have not. "Replace only the FIRST occurrence... with company name ". Done. "custom_company_name: sudarshan chemical industries". The text uses "Sudarshan Chemical Industries". I will use Title Case in the article body as per rule 6. "Sudarshan Chemical Industries".

The URL is https://scanx.trade/company/sudarshan-chemical-industries-ltd.

The snippet summary needs to be 200-250 chars. Current: "Sudarshan Chemical Industries reported a 27% YoY rise in consolidated revenue to ₹2,642.1 crore for Q1FY26. However, net profit declined 33% to ₹103.4 crore, reflecting margin pressure despite robust top-line growth." -> This was based on wrong data. New Summary: "Sudarshan Chemical Industries reported an 88% YoY surge in consolidated net profit to ₹103.4 crore for Q1FY27. Consolidated revenue rose 5% to ₹2,642.1 crore. Standalone profit fell 21% despite a 27% revenue increase, highlighting subsidiary-driven group growth." Char count: ~240. Good.

Snippet Title: "Sudarshan Chemical Q1FY27: Profit surges 88%, revenue grows 5%" Char count: 62. Good.

Article Title: "Sudarshan Chemical Q1 Results: Consolidated Profit Up 88% YoY" Char count: 63. Good.

Meta Keywords: Sudarshan Chemical Industries Earnings, Q1FY27, Net Profit, Revenue, Consolidated Results

Meta Description: Sudarshan Chemical Industries reports Q1FY27 results. Consolidated net profit surges 88% YoY to ₹103.4 crore, while revenue grows 5% to ₹2,642.1 crore. Standalone profit declines 21%. Char count: 168. A bit long. Limit 150-160. Trimmed: Sudarshan Chemical Industries Q1FY27 results: Consolidated net profit surges 88% YoY to ₹103.4 crore. Revenue grows 5% to ₹2,642.1 crore. Standalone profit declines. Char count: 158. Good.

Sentiment: positive.

All checks passed.

Historical Stock Returns for Sudarshan Chemical Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+3.45%+0.56%+8.96%+22.94%-22.09%+86.37%

What specific operational factors or market conditions drove the 91% surge in consolidated profit before tax despite only modest revenue growth?

How does the company plan to address the margin compression in its standalone segment, which saw profits fall 21% despite a 27% revenue increase?

Which subsidiaries or joint ventures contributed most significantly to the consolidated profit jump, and are these gains sustainable in Q2FY27?

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