Sudarshan Colorants India Ltd confirmed that members of its promoter group have not encumbered any shares directly or indirectly during the financial year ended March 31, 2026. This disclosure was submitted to the stock exchanges pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The confirmation was provided by Rajesh Balkrishna Rathi, a member of the promoter and promoter group.

The filing detailed the shareholding pattern of the promoter and promoter group as on March 31, 2026. The data indicates that the promoter group collectively holds a 70.25% stake in the company, totaling 16,216,847 shares. The majority of the listed entities within the promoter group reported nil holdings, with three foreign entities accounting for the entire shareholding.

Colorants International AG holds the largest portion within the promoter group with 8,439,385 shares, representing a 36.56% stake. Ebito Chemieeteiligungen AG follows with 4,109,426 shares, translating to a 17.80% shareholding. Sudarshan Europe B.V. holds 3,668,036 shares, which accounts for 15.89% of the company's equity.

The list of promoter group members includes various domestic and international entities, many of which are subsidiaries or associated companies such as Sudarshan Chemical Industries Limited, RIECO Industries Limited, and numerous geographically designated entities like Sudarshan Japan Limited and Sudarshan North America Inc. However, none of these entities other than the three specified foreign entities hold any shares as of the reported date.

The disclosure confirms compliance with regulatory requirements regarding the disclosure of encumbrance by promoters. The company, formerly known as Heubach Colorants India Limited, is headquartered in Navi Mumbai and operates in the chemical manufacturing sector.

Sudarshan Colorants India Limited announced its standalone audited financial results for the quarter and financial year ended March 31, 2026. The Board of Directors approved the results at a meeting held on May 11, 2026. Pursuant to Regulation 30 read with Schedule III and Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company published the audited standalone financial results in Business Standard (All Editions) and Lakshadeep (Mumbai) on May 13, 2026.

Financial Performance Overview

For the fourth quarter of FY26, the company reported a net profit of ₹13.15 crores, compared to ₹10.64 crores in the corresponding prior-year quarter. Revenue from operations for Q4 FY26 stood at ₹211.10 crores versus ₹220.28 crores in Q4 FY25. For the full financial year, revenue from operations was ₹780.63 crores compared to ₹825.06 crores in the previous year. Net profit for FY26 was ₹44.53 crores, compared to ₹51.45 crores in FY25. Total Comprehensive Income for FY26 was ₹46.74 crores versus ₹50.90 crores in FY25. Basic and diluted earnings per share (EPS) for the year stood at ₹19.29.

The table below summarises the key financial metrics:

Operational and Balance Sheet Highlights

Total assets as of March 31, 2026, stood at ₹804.83 crores, up from ₹758.11 crores in the prior year. The equity base strengthened, with other equity rising to ₹547.00 crores from ₹500.26 crores. Cash and cash equivalents decreased to ₹133.36 crores from ₹177.08 crores at the beginning of the year, while bank balances other than cash equivalents increased significantly to ₹102.01 crores from ₹13.53 crores, reflecting investments in fixed deposits. Trade receivables stood at ₹179.39 crores versus ₹153.67 crores, and inventories rose to ₹156.15 crores from ₹131.41 crores.

The following table presents the key balance sheet figures:

Net cash generated from operating activities for FY26 was ₹34.24 crores, compared to ₹110.59 crores in the prior year. Net cash used in investing activities was ₹73.33 crores, primarily driven by investments in fixed deposits of ₹98.52 crores, partially offset by redemptions of ₹35.34 crores and interest received of ₹17.98 crores. Net cash used in financing activities was ₹4.63 crores.

Exceptional Items

The company reported exceptional items of ₹(4.99) crores for the full year FY26. During the quarter ended December 31, 2025, the company had recognised an incremental impact of ₹12.80 crores (comprising gratuity of ₹10.89 crores and compensated absences of ₹1.91 crores) as an exceptional item related to new Labour Codes notified by the Government of India. Pursuant to actuarial valuation and further assessment during Q4 FY26, the net incremental impact for the year was revised to ₹4.49 crores (comprising gratuity of ₹3.81 crores and compensated absences of ₹0.68 crores), resulting in a net reversal of ₹8.31 crores recognised in Q4 FY26 under exceptional items. Additionally, the company finalised the transfer of assets previously transferred to Clanant India Private Limited back to its books, following an agreement signed on October 29, 2025.

Board Decisions and Appointments

The Board approved several key appointments at its meeting on May 11, 2026. The following table summarises the key decisions:

Mr. Nilkanth Natu is a qualified Chartered Accountant and CFA Level III (USA) holder with a Master's Degree in Commerce from Pune University and over 26 years of experience in accounts and finance management. He has been associated with the Sudarshan Group for approximately 6 years and previously worked with Wipro Limited, Thermax Limited, and Automobile Corporation of Goa Limited. PricewaterhouseCoopers Services LLP, appointed as internal auditor for FY26-27, is a leading risk consulting firm in India with around 3,500+ risk and control specialists and offices in 9+ cities across India.