Sumitomo Chemical India FY26 net profit rises 7% to ₹543 crore

2 min read     Updated on 29 May 2026, 04:49 AM
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Sumitomo Chemical India reported a 7% rise in FY26 net profit to ₹543 crore, with revenue increasing 3% to ₹3,238.3 crore. The board declared a final dividend of ₹1.30 per share and scheduled an earnings call for May 28, 2026.

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Sumitomo Chemical India has reported a consolidated net profit of ₹543 crore for the financial year ended March 31, 2026, an increase of 7% from ₹506.4 crore in the previous year. Revenue from operations for the year rose 3% to ₹3,238.3 crore, compared to ₹3,148.5 crore in FY25. Profit before tax for the year stood at ₹727.6 crore, up from ₹680.2 crore in the prior year. The Board of Directors has declared a final dividend of ₹1.30 per equity share, subject to shareholder approval, aggregating to ₹648.89 million. The company has scheduled an earnings call with investors and analysts to discuss the financial performance for the quarter and year ended March 31, 2026, on May 28, 2026, at 2:00 pm IST.

The company's standalone net profit for FY26 was ₹543.1 crore, compared to ₹501.9 crore in the previous year. Standalone revenue from operations increased to ₹3,185.8 crore from ₹3,090.4 crore in FY25. The financial results were reviewed by the Audit Committee and approved by the Board on May 26, 2026. An investor presentation for the quarter and year ended March 31, 2026, was submitted to the exchanges on May 27, 2026.

Annual Financial Performance

Metric (₹ In Crore) FY26 (Audited) FY25 (Audited)
Revenue from operations 3,238.3 3,148.5
Total income 3,385.0 3,268.6
Total expenses 2,633.5 2,588.3
Profit before tax 727.6 680.2
Net profit 543.0 506.4
Earnings per share (₹) 10.88 10.13

Q4 Quarterly Performance

Sumitomo Chemical India's quarterly performance also reflected improvement. The company's Q4 EBITDA rose to ₹134.2 crore versus ₹119.6 crore in the same period of the previous year, with the EBITDA margin expanding to 19.6% from 17.6% year-on-year.

Metric (₹ In Crore) Q4 Current Year Q4 Previous Year
EBITDA 134.2 119.6
EBITDA Margin 19.6% 17.6%
Consolidated Net Profit 111.3 99.8
Consolidated Revenue 683.7 679.4

Segment and Operational Details

Sumitomo Chemical India operates a single reportable segment, agro-chemicals. The company noted that its business is seasonal in nature and performance depends on monsoon and climatic conditions. During the quarter ended December 31, 2025, the company recognised an exceptional item of ₹16.1 crore related to the incremental impact of the new Labour Codes notified by the Government of India.

Board Reconstitution

The Board of Directors has approved the reconstitution of the board effective September 1, 2026. Mr. Mukul Govindji Asher's current and final term as Independent Director and Chairman will be till August 31, 2026. Mr. Chetan Shantilal Shah's current and final term as Managing Director will be till August 31, 2026, following which he is proposed to be appointed as Non-Executive Non-Independent Director. Dr. Suresh Ramachandran is proposed to be appointed as Managing Director with effect from September 1, 2026.

Historical Stock Returns for Sumitomo Chemical

1 Day5 Days1 Month6 Months1 Year5 Years
-3.54%-7.17%-12.27%-8.55%-17.92%+10.70%

How will the upcoming leadership transition in September 2026 impact the company's strategic direction?

What are the management's growth projections for FY27 given the seasonal dependence on monsoon patterns?

Will the expansion in Q4 EBITDA margins be sustained through the next financial year?

Sumitomo Chemical promotes Dr. Suresh Ramachandran as Managing Director

1 min read     Updated on 27 May 2026, 08:35 PM
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Sumitomo Chemical India Limited has promoted Dr. Suresh Ramachandran to Managing Director effective September 1, 2026, pending shareholder approval. The Board approved the decision on May 26, 2026, appointing him for a term ending May 31, 2028.

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Sumitomo Chemical India Limited has promoted Dr. Suresh Ramachandran to the position of Managing Director, effective September 1, 2026, subject to shareholder approval. The Board of Directors approved the promotion during a meeting held on May 26, 2026. Dr. Ramachandran, currently the Deputy Managing Director, will assume the new role until May 31, 2028. The appointment requires approval from members through a special resolution.

Dr. Suresh Ramachandran (57) holds a Ph.D. in entomology from the University of Georgia, USA, and has over 28 years of experience in the crop protection industry. He has held various business and R&D roles, including positions at Dow AgroSciences India and Indofil Industries Limited. He joined Sumitomo Chemical India Limited in March 2021 as Chief Commercial Officer and was appointed Whole-time Director in June 2023.

The Board confirmed that Dr. Ramachandran is not related to any other director of the company and is not debarred from holding the position of director by SEBI or any other authority. He is currently the Vice Chairman of the Agro Chem Federation of India and has previously served as Vice Chairman of Crop Life India.

Key Appointment Details

Particulars Details
Name Dr. Suresh Ramachandran
Designation Managing Director (from Deputy Managing Director)
DIN 03110244
Date of Appointment September 1, 2026
Term Until May 31, 2028
Approval Status Subject to shareholder special resolution

Historical Stock Returns for Sumitomo Chemical

1 Day5 Days1 Month6 Months1 Year5 Years
-3.54%-7.17%-12.27%-8.55%-17.92%+10.70%

What strategic shifts in crop protection or R&D can be expected under Dr. Ramachandran's leadership given his scientific background?

How will the short two-year term of the new Managing Director impact the company's long-term strategic planning?

Will the change in leadership influence Sumitomo Chemical India's expansion plans or market share in the domestic agrochemical sector?

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