Anupam Rasayan Q3 FY26 Results: Strong Growth with 89% Revenue Jump
Anupam Rasayan India Limited delivered outstanding Q3 FY26 financial performance with standalone revenue growing 89% to ₹4,013.67 million and profit after tax surging 150% to ₹479.19 million. The company announced strategic acquisition of Jayhawk Fine Chemicals for US market expansion and highlighted strong pipeline with 65+ molecules under development across Pharma and Performance Material segments.

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Anupam Rasayan India Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, following a board meeting held on February 14, 2026. The specialty chemicals manufacturer released comprehensive standalone and consolidated financial statements under Regulation 33 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.
Exceptional Q3 FY26 Performance
The company demonstrated remarkable growth in the third quarter, with standalone revenue from operations reaching ₹4,013.67 million, representing an outstanding 89% year-on-year increase. Total revenue including other income stood at ₹4,063.20 million for the quarter.
| Metric: | Q3 FY26 | Q3 FY25 | YoY Growth |
|---|---|---|---|
| Revenue from Operations: | ₹4,013.67 million | ₹2,120.87 million | 89% |
| Total Revenue: | ₹4,063.20 million | ₹2,091.94 million | 94% |
| Profit After Tax: | ₹479.19 million | ₹191.36 million | 150% |
| Basic EPS: | 4.22 | 1.74 | 143% |
Nine-Month Performance Highlights
The nine-month performance showed exceptional momentum across standalone operations. Revenue from operations for the nine months reached ₹13,049.87 million with remarkable 130% year-on-year growth, while profit after tax surged to ₹1,190.13 million, marking a substantial 244% increase.
| Parameter: | 9M FY26 | 9M FY25 | YoY Growth |
|---|---|---|---|
| Revenue from Operations: | ₹13,049.87 million | ₹5,667.10 million | 130% |
| Total Revenue: | ₹13,224.65 million | ₹5,732.55 million | 131% |
| Profit After Tax: | ₹1,190.13 million | ₹345.83 million | 244% |
| Basic EPS: | 10.59 | 3.15 | 236% |
Consolidated Financial Performance
On a consolidated basis, the company maintained strong growth trajectory with revenue from operations of ₹5,124.47 million in Q3 FY26 compared to ₹3,901.40 million in the previous year. Consolidated profit after tax reached ₹605.93 million for the quarter, while nine-month consolidated revenue touched ₹17,296.72 million.
| Consolidated Metrics: | Q3 FY26 | Q3 FY25 | 9M FY26 | 9M FY25 |
|---|---|---|---|---|
| Revenue from Operations: | ₹5,124.47 million | ₹3,901.40 million | ₹17,296.72 million | ₹9,383.01 million |
| Profit After Tax: | ₹605.93 million | ₹542.10 million | ₹1,662.03 million | ₹970.43 million |
| Basic EPS: | 4.31 | 2.57 | 11.34 | 4.44 |
Management Insights from Earnings Call
During the earnings call held on February 14, 2026, Managing Director Anand Desai highlighted the strong performance driven by scale-up of commercial molecules and improved capacity utilization. The company's revenue mix is well diversified across Agro, Pharma, Personal Care, and Performance Material segments, with Pharma contributing 19% of sales for 9M FY26.
| Business Segment Performance: | Details |
|---|---|
| Pharma Growth: | 85% YoY for 9M FY26 |
| Performance Material Growth: | 245% YoY for 9M FY26 |
| Export Revenue Share: | 58% of total revenue |
| Japan Revenue Contribution: | 17% in Q3 FY26 |
Strategic Acquisition and Expansion
The company announced a definitive agreement to acquire 100% equity in Jayhawk Fine Chemicals, a US-based specialty chemicals company from the CABB Group. This acquisition will provide direct onshore manufacturing presence in the US, enhancing engagement with multinational customers and access to high-value markets including semiconductors, automotive, EV, Pharma, aviation, and electronics.
| Acquisition Details: | Information |
|---|---|
| Target Company: | Jayhawk Fine Chemicals |
| Acquisition Percentage: | 100% equity |
| Expected Closure: | Coming weeks |
| Strategic Benefit: | EPS accretive from day one |
Pipeline and Development Focus
Chief Executive Officer Gopal Agrawal emphasized the company's strong pipeline with 65 plus molecules across R&D and pilot stages. The Pharma segment alone has more than 30 molecules under development, while the Polymer and Electronic Material vertical has 35 plus molecules in various stages of development.
Regulatory Compliance and Documentation
The financial results were prepared in accordance with Indian Accounting Standard 34 (Ind AS 34) for Interim Financial Reporting under Section 133 of the Companies Act, 2013. The earnings call transcript was submitted to stock exchanges under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, and is available on the company website at www.anupamrasayan.com .
Historical Stock Returns for Anupam Rasayan
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.69% | +0.10% | -4.07% | +12.81% | +66.58% | +137.83% |


































