Valiant Organics has scheduled its 21st Annual General Meeting for Tuesday, September 29, 2026. The meeting will commence at 11:30 am and will be conducted through Video Conferencing or Other Audio Visual Means.

The company issued the notice in compliance with Regulation 30 and Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting aims to transact ordinary and special business as outlined in the notice.

Meeting Details

Shareholders can access the Notice of AGM and the Annual Report for FY26 through multiple channels. Electronic copies are being sent to members with registered email addresses. Physical communications containing links are being dispatched to those without registered emails.

The documents are also available on:

• The company website at www.valiantorganics.com
• BSE Limited website at www.bseindia.com
• National Stock Exchange of India Limited website at www.nseindia.com
• NSDL e-voting website at www.evoting.nsdil.com

Compliance and Governance

Kaustubh Bhalchandra Kulkarni, Company Secretary of Valiant Organics Limited, signed the disclosure. The company published advertisements regarding the AGM in Financial Express and Mumbai Lakshdeep newspapers to ensure broad shareholder awareness.

Valiant Organics reported a consolidated net profit of ₹293 crore for the quarter ended June 30, 2026, marking a 257% increase from ₹82 crore in the same period last year. Operational revenue rose 13.3% year-on-year to ₹2,315 crore, reflecting improved demand across its specialty chemicals portfolio.

The company’s earnings presentation, filed with stock exchanges on August 21, 2026, highlights significant margin expansion. Consolidated EBITDA grew 67.7% to ₹416 crore, pushing the operating margin to 17.97%, the highest in six quarters. This improvement was supported by a reduction in raw material costs, which fell to 57% of sales from 61% previously.

Financial Performance

The bottom-line improvement was broad-based, driven by operational efficiency and lower finance costs. Key financial metrics for Q1FY27 are outlined below:

Standalone net profit also surged, rising 187% to ₹218 crore from ₹76 crore in Q1FY26. Standalone revenue remained flat at ₹2,315 crore, indicating that the parent entity accounts for the majority of the group's operational turnover.

What the Numbers Show

A significant portion of the profit growth stems from non-operational sources. The share of profit from associates contributed ₹72 crore to the consolidated PBT, compared to just ₹6 crore in Q1FY26. While operational EBITDA drove margin expansion, this surge in associate profits indicates a high dependency on joint ventures or equity investments for the current quarter’s bottom-line beat. Additionally, gross profit margins improved to 43% from 39%, aided by a ~410 basis point reduction in raw material consumption.

Segmental Highlights

Hydrogenation remains the largest revenue contributor, accounting for 54% of total sales in Q1FY27. Revenue from this segment grew to ₹1,272 crore from ₹1,082 crore year-ago. Chlorination revenue also expanded to ₹451 crore, up from ₹394 crore. Ammonolysis revenue remained stable at ₹478 crore.

Volume data reveals mixed trends. Chlorination sales volumes declined to 2,623 MT from 3,301 MT, suggesting price-led revenue growth. Conversely, hydrogenation volumes saw a slight dip to 4,916 MT from 5,491 MT in Q4FY26 but remain robust compared to prior periods.

Balance Sheet and Outlook

The company maintains a conservative leverage profile. As of FY26, the net debt-to-equity ratio stood at 0.33x, unchanged from FY25. Total borrowings were ₹2,527 crore (consolidated), comprising ₹526 crore in non-current liabilities and ₹2,001 crore in current liabilities. Cash and cash equivalents were minimal at ₹18 crore.

Management noted that employee and other expenses increased only 4.6% despite 14% revenue growth, reflecting improved operating efficiency. Finance costs declined 15% to ₹51 crore. The company operates six manufacturing units across five locations with a total capacity of 70,000 tonnes per annum.