Bharat Rasayan Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, showcasing solid operational performance across both standalone and consolidated metrics. The pesticide manufacturer's board approved these results in a meeting held on February 12, 2026.

Standalone Financial Performance

The company's standalone operations demonstrated robust performance during Q3FY26. Revenue from operations reached ₹27,046 lacs, while total revenue including other income stood at ₹27,995 lacs for the quarter.

The company maintained healthy profit margins with net profit margin of 12.87% for Q3FY26 and 11.28% for the nine-month period. Operating margin stood at 17.25% for the quarter and 16.85% for nine months.

Consolidated Results Show Enhanced Performance

Consolidated financial results, which include the joint venture Nissan Bharat Rasayan Private Limited, showed even stronger performance metrics.

The joint venture contributed significantly to consolidated performance, with the company's share of joint venture profit amounting to ₹376 lacs for the nine-month period.

Corporate Actions and Capital Structure

During Q3FY26, shareholders approved significant corporate actions that enhanced shareholder value:

• Share Subdivision: Face value reduced from ₹10 to ₹5 per equity share
• Bonus Issue: 1:1 bonus shares issued with record date December 12, 2025
• Allotment: 83,10,536 bonus shares allotted on December 15, 2025
• New Capital Structure: Paid-up capital increased to ₹8,31,05,360 comprising 1,66,21,072 shares of ₹5 each

Key Financial Ratios and Metrics

The company maintained strong financial health indicators across various parameters:

Operational Highlights

Bharat Rasayan continues to operate exclusively in the pesticides segment, maintaining its focused business approach. The company reported exceptional items of ₹149 lacs during the quarter. The insurance claim process for damage to Property, Plant, and Equipment in Block-D of the Dahej Plant remains ongoing, with the company implementing comprehensive safety measures.

The company maintains strong credit ratings with CARE AA- for Long Term Facilities and CARE A1+ for Short Term Facilities, reflecting its robust financial position and operational stability.

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Bharat Rasayan Limited , a prominent player in the Indian chemical industry, conducted an Extra-Ordinary General Meeting (EGM) on November 19, 2025, to address two significant corporate actions: a share split and a bonus issue. The meeting, held at Hotel Golden Grand in New Delhi, saw shareholders voting on these important matters that could potentially impact the company's stock structure and value.

Key Highlights of the EGM

Share Sub-Division Proposal

• The company proposed to split its equity shares from a face value of ₹10 each to ₹5 each.
• This move aims to increase the liquidity of the company's shares in the stock market.

Bonus Share Issue

• A proposal to issue bonus equity shares to existing shareholders was put to vote.
• The exact ratio of the bonus issue was not specified in the available information.

Voting Process

• The company provided a comprehensive voting process to ensure maximum shareholder participation:
  • Remote e-voting was available from November 16 to November 18, 2025.
  • Physical polling was conducted at the EGM venue for shareholders who hadn't used the e-voting option.

Scrutiny and Results

• M/s. A.Anand & Co., Practicing Company Secretaries, was appointed as the scrutinizer for both remote e-voting and physical polling.
• The final results, combining both voting methods, are to be declared within two days of the EGM's conclusion.

Meeting Proceedings

The EGM was presided over by Shri Sat Narain Gupta, Chairman & Managing Director of Bharat Rasayan Limited. The meeting followed a structured agenda:

1. Introduction and quorum verification
2. Reading of the EGM notice
3. Explanation of the voting processes
4. Clarification of the objectives and implications of the proposed resolutions
5. Q&A session for shareholders
6. Conduct of physical polling at the venue

Importance of the Proposed Actions

The proposed share split and bonus issue are significant corporate actions that could have several implications:

1. Increased Liquidity: The share split could make the stock more accessible to a broader range of investors, potentially increasing trading volume.
2. Shareholder Value: The bonus issue, if approved, would reward existing shareholders without affecting the company's cash reserves.
3. Market Perception: These actions often signal management's confidence in the company's future prospects.

Shareholders and potential investors are advised to await the official declaration of results, which will be submitted to the stock exchanges and posted on the company's website within the stipulated timeframe.

Bharat Rasayan Limited's move to consider these corporate actions reflects its commitment to enhancing shareholder value and improving stock liquidity. As the chemical industry continues to evolve, such strategic decisions could play a crucial role in the company's market positioning and investor relations.