Vasundhara Rasayans Ltd Receives Lease Extension for Manufacturing Facility Till April 30, 2026

1 min read     Updated on 30 Mar 2026, 10:41 PM
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Vasundhara Rasayans Ltd has secured a one-month lease extension for its Maharashtra manufacturing facility, with the termination date moved from March 31, 2026 to April 30, 2026. The extension from lessor Keva Fragrances Private Limited provides additional time for the company to identify alternative premises and ensure business continuity. This follows the original termination notice disclosed on December 29, 2025.

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Vasundhara Rasayans Ltd has received a one-month extension for its manufacturing facility lease, providing additional time to arrange alternative business premises. The company disclosed this development to BSE Limited on March 30, 2026, under Regulation 30 of SEBI listing requirements.

Lease Extension Details

The extension communication came from the lessor, Keva Fragrances Private Limited, modifying the termination timeline for the Leave and License Agreement. The facility in question is located at C-104, MIDC, Mahad, Raigad District, Maharashtra – 402 309.

Parameter: Details
Original Termination Date: March 31, 2026
Extended Termination Date: April 30, 2026
Extension Period: One month
Facility Location: C-104, MIDC, Mahad, Maharashtra
Lessor: Keva Fragrances Private Limited

Background and Timeline

This extension follows the company's earlier disclosure made to the exchange on December 29, 2025, when Vasundhara Rasayans first informed stakeholders about receiving the termination notice for its manufacturing facility. The original notice had set March 31, 2026 as the final date for vacating the premises.

Keva Fragrances Private Limited's communication, dated March 30, 2026, confirmed the extension was granted upon the company's request, providing breathing room for transition planning.

Business Continuity Measures

Vasundhara Rasayans Ltd has confirmed it will continue operating from the current premises until April 30, 2026. The company stated it is actively engaged in identifying suitable alternate arrangements to ensure uninterrupted business operations beyond the extended termination date.

The disclosure was signed by Sunil Kumar Jain, Whole Time Director (DIN: 00117331), emphasizing the company's commitment to maintaining transparency with stakeholders regarding operational developments that could impact business continuity.

Historical Stock Returns for Vasundhara Rasayans

1 Day5 Days1 Month6 Months1 Year5 Years
-3.80%-2.14%-16.67%-38.59%-54.64%+52.48%

What impact will the potential relocation have on Vasundhara Rasayans' production capacity and operational costs?

How might the manufacturing facility transition affect the company's supply chain relationships and customer commitments?

Will Vasundhara Rasayans consider acquiring its own manufacturing facility rather than leasing to avoid future displacement risks?

Vasundhara Rasayans Reports 50.4% Decline in Q3FY26 Net Profit to ₹72.05 Lakhs

2 min read     Updated on 10 Feb 2026, 05:23 PM
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Vasundhara Rasayans Ltd reported challenging Q3FY26 results with net profit declining 50.4% to ₹72.05 lakhs from ₹145.28 lakhs in Q3FY25. Revenue from operations fell 15.6% to ₹744.77 lakhs, while total expenses decreased to ₹714.39 lakhs. For nine months FY26, net profit dropped 13.1% to ₹335.05 lakhs with revenue declining 9.2% to ₹2,382.99 lakhs. EPS for the quarter stood at ₹2.27 compared to ₹4.57 in the previous year.

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Vasundhara Rasayans Ltd has announced its unaudited financial results for the third quarter of fiscal year 2026, ended December 31, 2025. The Board of Directors approved these results during their meeting held on February 10, 2026, pursuant to Regulation 33 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Q3FY26 Financial Performance

The company's quarterly performance showed a notable decline across key financial metrics. Net sales from operations decreased significantly compared to both the previous quarter and the corresponding quarter of the previous year.

Metric Q3FY26 Q2FY26 Q3FY25 QoQ Change YoY Change
Net Sales ₹744.77 lakhs ₹882.08 lakhs ₹882.16 lakhs -15.6% -15.6%
Other Income ₹66.98 lakhs ₹85.98 lakhs ₹54.03 lakhs -22.1% +24.0%
Total Income ₹811.75 lakhs ₹968.06 lakhs ₹936.19 lakhs -16.1% -13.3%
Net Profit ₹72.05 lakhs ₹205.72 lakhs ₹145.28 lakhs -65.0% -50.4%

Expense Analysis

Total expenses for Q3FY26 stood at ₹714.39 lakhs compared to ₹690.05 lakhs in Q2FY26 and ₹739.86 lakhs in Q3FY25. The major expense components included cost of materials consumed at ₹322.64 lakhs and other expenses totaling ₹248.78 lakhs.

Expense Category Q3FY26 Q3FY25 Change
Cost of Materials ₹322.64 lakhs ₹399.62 lakhs -19.3%
Employee Benefits ₹74.11 lakhs ₹64.13 lakhs +15.6%
Finance Cost ₹9.96 lakhs ₹5.71 lakhs +74.4%
Depreciation ₹10.93 lakhs ₹8.75 lakhs +24.9%
Other Expenses ₹248.78 lakhs ₹294.21 lakhs -15.4%

Nine-Month Performance

For the nine months ended December 31, 2025, the company's performance also reflected a declining trend. Total income decreased to ₹2,604.31 lakhs from ₹2,775.28 lakhs in the corresponding period of the previous year.

Parameter 9M FY26 9M FY25 Change
Net Sales ₹2,382.99 lakhs ₹2,623.41 lakhs -9.2%
Total Income ₹2,604.31 lakhs ₹2,775.28 lakhs -6.2%
Total Expenses ₹2,151.54 lakhs ₹2,254.25 lakhs -4.6%
Net Profit ₹335.05 lakhs ₹385.56 lakhs -13.1%

Earnings Per Share and Tax Position

The company's earnings per share for Q3FY26 stood at ₹2.27, significantly lower than ₹4.57 in Q3FY25. For the nine-month period, EPS decreased to ₹10.54 from ₹12.13 in the previous year. The paid-up equity share capital remained unchanged at ₹317.82 lakhs with a face value of ₹10 per share.

Tax expenses for the quarter amounted to ₹25.31 lakhs compared to ₹51.05 lakhs in Q3FY25. For the nine-month period, tax expenses totaled ₹117.72 lakhs against ₹135.47 lakhs in the corresponding previous period.

Regulatory Compliance

The unaudited financial results were reviewed by the Audit Committee and approved by the Board of Directors. Mamta Jain & Associates, Chartered Accountants, conducted a limited review of the financial statements as required under the listing regulations. The auditors confirmed that the results comply with the applicable accounting standards and disclosure requirements.

Historical Stock Returns for Vasundhara Rasayans

1 Day5 Days1 Month6 Months1 Year5 Years
-3.80%-2.14%-16.67%-38.59%-54.64%+52.48%

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1 Year Returns:-54.64%