Bhaskar Agrochemicals Limited announced its unaudited financial results for the quarter ended December 31, 2025, along with the declaration of an interim dividend for shareholders. The Board of Directors approved these results at their meeting held on February 13, 2026.

Financial Performance for Q3FY26

The company delivered a strong financial performance in the third quarter of FY2026. Revenue from operations reached Rs. 2,968.91 lakhs, representing a significant increase from Rs. 2,430.10 lakhs in the corresponding quarter of the previous year. Net profit for the quarter stood at Rs. 234.43 lakhs, marking substantial growth compared to Rs. 177.08 lakhs in Q3FY25.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, Bhaskar Agrochemicals demonstrated robust growth across key financial parameters. The company achieved revenue from operations of Rs. 9,334.08 lakhs compared to Rs. 6,819.43 lakhs in the corresponding period of the previous year. Net profit for the nine-month period reached Rs. 541.10 lakhs, substantially higher than Rs. 316.20 lakhs in the previous year.

Interim Dividend Declaration

The Board of Directors declared an interim dividend of Rs. 1 per equity share, representing 10% of the face value of Rs. 10 each, for the financial year 2025-26. The record date for determining eligible shareholders has been set as Thursday, February 19, 2026. The company will make dividend payments exclusively through electronic modes as mandated by SEBI regulations, with no physical instruments being issued.

Operational Highlights and Expenses

The company's cost structure showed mixed trends during the quarter. Cost of materials consumed increased to Rs. 2,002.78 lakhs from Rs. 1,580.33 lakhs in the previous year's corresponding quarter. Employee benefit expenses rose to Rs. 334.26 lakhs compared to Rs. 213.01 lakhs in Q3FY25. However, the company benefited from a favorable inventory adjustment of Rs. 207.50 lakhs during the quarter.

The company recognized an exceptional item of Rs. 39.54 lakhs during the quarter, representing provision for past service cost on gratuity payable to employees following the implementation of new labor codes notified by the Government of India in November 2025.

Business Outlook and Compliance

Bhaskar Agrochemicals operates primarily in the agrochemicals sector, which the management recognizes as its sole business segment. The company noted that due to the seasonal nature of its business, financial results tend to vary from quarter to quarter. The financial results have been prepared in accordance with Indian Accounting Standards and have undergone limited review by the company's statutory auditors.

Bhaskar Agro Chemicals Limited has disclosed a substantial acquisition of shares by a promoter group member under regulatory compliance requirements. Rohini Aluri, belonging to the promoter group of the company, acquired 1,55,970 equity shares through a gift transaction on December 19, 2025.

Transaction Details

The acquisition involved equity shares with a face value of ₹10 each, representing a significant increase in the promoter group member's stake in the company. The transaction was completed through gift mode, which is a common method of share transfer among promoter group entities.

Shareholding Pattern Changes

The acquisition has resulted in a substantial change in Rohini Aluri's shareholding pattern in Bhaskar Agro Chemicals Limited. Her stake in the company has increased significantly following this transaction.

Regulatory Compliance

The disclosure was made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. This regulation mandates disclosure when any person acquires shares or voting rights which, taken together with shares or voting rights already held, entitle them to exercise 5% or more of the voting rights in a target company.

The company's total equity share capital remains unchanged at 52,09,633 shares before and after the transaction. The total diluted share capital also stands at 52,09,633 shares, indicating no outstanding convertible securities or warrants.

Market Impact

The transaction represents an internal restructuring within the promoter group rather than an external acquisition. Such gift transactions among promoter group members are typically undertaken for estate planning or corporate restructuring purposes and do not usually impact the company's operational or strategic direction.