Sudarshan Colorants FY26 Net Profit at ₹44.53 Cr

5 min read     Updated on 14 May 2026, 07:47 AM
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Sudarshan Colorants India Limited announced its standalone audited financial results for the quarter and year ended March 31, 2026, reporting a net profit of ₹44.53 crores for the full year and ₹13.15 crores for Q4 FY26. The company published the results in Business Standard and Lakshadeep on May 13, 2026, following Board approval on May 11, 2026. The article details financial performance, balance sheet highlights, exceptional items related to Labour Codes, and key Board appointments including an interim CFO.

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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:

Metric: Q4 FY26 Q4 FY25 FY26 FY25
Revenue from Operations (₹ Cr) 211.10 220.28 780.63 825.06
Other Income (₹ Cr) 8.93 9.45 26.84 18.77
Total Income (₹ Cr) 220.03 229.73 807.47 843.83
Cost of Materials Consumed (₹ Cr) 95.44 84.07 354.83 376.05
Employee Benefits Expenses (₹ Cr) 16.96 21.89 71.10 84.78
Total Expenses (₹ Cr) 212.15 208.18 744.86 766.90
Profit Before Exceptional Items & Tax (₹ Cr) 7.88 21.55 62.61 76.93
Net Profit Before Tax (after Exceptional Items) (₹ Cr) 16.19 12.73 57.62 68.11
Exceptional Items (₹ Cr) 8.31 (8.82) (4.99) (8.82)
Net Profit (₹ Cr) 13.15 10.64 44.53 51.45
Total Comprehensive Income (₹ Cr) 14.75 11.33 46.74 50.90
Basic & Diluted EPS (₹) 5.69 4.61 19.29 22.29

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:

Parameter: 31-03-2026 (₹ Cr) 31-03-2025 (₹ Cr)
Total Assets 804.83 758.11
Non-Current Assets 216.75 207.53
Current Assets 588.08 550.58
Equity Share Capital 23.08 23.08
Other Equity 547.00 500.26
Total Equity 570.08 523.34
Cash & Cash Equivalents 133.36 177.08
Trade Receivables 179.39 153.67
Inventories 156.15 131.41

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:

Decision: Details
Interim CFO Appointment Mr. Nilkanth Natu appointed as CFO (Interim), KMP and Senior Management Personnel, effective May 11, 2026
Outgoing CFO Mr. Jugal Sahu resigned effective March 09, 2026
Internal Auditor (FY26-27) PricewaterhouseCoopers Services LLP appointed based on Audit Committee recommendation
Regulation 30(5) Authorization Mr. Sambit Roy (MD), Mr. Nilkanth Natu (CFO), and Mr. Adwait Joshi (Company Secretary) authorized for materiality disclosures
Additional Independent Director Mrs. Sudha Navandar appointed effective February 03, 2026; approved by shareholders on April 09, 2026
Director Cessation Mr. Sunirmal Talukdar ceased as Independent Director on March 31, 2026 upon completion of tenure

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.

How might the implementation of new Labour Codes and their revised actuarial impact on gratuity obligations affect Sudarshan Colorants' employee cost structure and profitability in FY27?

With operating cash flows declining sharply from ₹110.59 crores to ₹34.24 crores year-over-year, what strategic measures could management take to restore cash generation amid rising trade receivables and inventory levels?

How will the reintegration of assets transferred back from Clanant India Private Limited impact Sudarshan Colorants' revenue mix, operational capacity, and competitive positioning in the colorants market going forward?

Sudarshan Colorants India Limited Submits SEBI Compliance Certificate for Q4FY26

1 min read     Updated on 15 Apr 2026, 04:03 PM
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Sudarshan Colorants India Limited filed its mandatory SEBI compliance certificate for Q4FY26 period ending March 31, 2026. The certificate, submitted on April 15, 2026, confirms proper handling of dematerialization procedures through registrar MUFG Intime India Private Limited. The filing demonstrates routine regulatory compliance under SEBI Regulation 74(5) governing depositories and participants operations.

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Sudarshan Colorants India Limited has submitted its mandatory compliance certificate under SEBI regulations for the quarter ended March 31, 2026. The certificate demonstrates the company's adherence to regulatory requirements governing securities dematerialization and depositories operations.

Regulatory Compliance Certificate

The sudarshan colorants certificate was filed under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the period from January 01, 2026 to March 31, 2026. Company Secretary Adwait Joshi submitted the certificate to both major stock exchanges on April 15, 2026.

Exchange Details: Information
BSE Scrip Code: 506390
NSE Symbol: SUDARCOLOR
Filing Date: April 15, 2026
Reporting Period: Q4FY26 (Jan-Mar 2026)

Registrar Confirmation

MUFG Intime India Private Limited, serving as the company's Registrar & Transfer Agent, issued the confirmation certificate dated April 4, 2026. The registrar confirmed compliance with all dematerialization procedures during the quarter.

Key confirmations from the registrar include:

  • Securities received from depository participants were properly confirmed to depositories
  • All security certificates were mutilated and cancelled after verification
  • Depository names were substituted in the register of members within prescribed timelines
  • No rematerialization requests were received during the period

Corporate Structure

Company Information: Details
Current Name: Sudarshan Colorants India Limited
Former Name: Heubach Colorants India Limited
Registrar: MUFG Intime India Private Limited
SEBI Registration: INR000004058

The registrar MUFG Intime India Private Limited operates under CIN U67190MH1999PTC118368 and maintains its registered office in Mumbai. The entity was formerly known as Link Intime India Private Limited.

Regulatory Framework

The certificate submission fulfills requirements under SEBI's regulatory framework for depositories and participants. Regulation 74(5) mandates quarterly confirmations regarding dematerialization activities, ensuring transparency in securities handling and maintaining investor protection standards.

This compliance filing represents routine regulatory adherence, confirming the company's commitment to maintaining proper securities handling procedures and timely regulatory reporting during the Q4FY26 period.

Will Sudarshan Colorants' consistent regulatory compliance improve its ESG ratings and attract institutional investors in FY27?

How might the company's zero rematerialization requests trend impact its digital transformation strategy for securities management?

Could Sudarshan Colorants leverage its strong compliance record to explore listing on additional exchanges or international markets?

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