Black Rose Industries Reports Q1 Results, Approves Key Management Changes and Subsidiary Divestment

2 min read     Updated on 14 Aug 2025, 09:08 PM
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Overview

Black Rose Industries reported Q1 FY2026 standalone revenue of ₹59.85 crore and net profit of ₹4.24 crore. The company appointed Ratan Agrawal as Chief Risk Officer and designated Dr. Pavankumar Aduri and Bhavesh Shah as Senior Management Personnel. M/s. Shiv Hari Jalan & Co. were appointed as Secretarial Auditors for 5 years. The Board approved the closure, sale, or transfer of its Japanese subsidiary, B.R. Chemicals Co. Limited, subject to shareholder approval. The 35th AGM is scheduled for September 29, 2025, via video conferencing.

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*this image is generated using AI for illustrative purposes only.

Black Rose Industries Limited , a prominent player in the chemicals sector, has announced its financial results for the first quarter ended June 30, 2025, along with several significant corporate decisions. The company's Board of Directors approved these measures during a meeting held on August 14, 2025.

Financial Performance

For the quarter ended June 30, 2025, Black Rose Industries reported standalone revenue from operations of ₹59.85 crore, with a net profit of ₹4.24 crore. The company's performance reflects its continued operations in the chemical industry.

Key Management Changes

The Board has made several important decisions regarding the company's management structure:

  1. Chief Risk Officer Appointment: Mr. Ratan Agrawal, the current Chief Financial Officer, has been appointed as the Chief Risk Officer of the company.

  2. Senior Management Designations: Dr. Pavankumar Aduri, Vice President-Innovation, and Mr. Bhavesh Shah, General Manager-Sales, have been designated as Senior Management Personnel. This move is part of the reorganization of the company's Key Managerial Personnel structure.

Dr. Aduri brings over 16 years of experience in the chemical industry, with a Ph.D. in Chemical Engineering. He has been instrumental in driving innovation across specialty chemicals, polymer additives, liquid formulations, and pigments.

Mr. Shah, with over 30 years of experience, holds a Master's in Management Studies (Finance) from NMIMS and has been associated with the company since 2008, leading critical functions in marketing and sales.

Corporate Governance

The company has taken steps to strengthen its corporate governance:

  1. Secretarial Auditor Appointment: M/s. Shiv Hari Jalan & Co., Practicing Company Secretaries, have been appointed as Secretarial Auditors for a term of 5 years (FY 2025-26 to FY 2029-30), subject to shareholder approval.

  2. Annual General Meeting: The 35th Annual General Meeting is scheduled for September 29, 2025, to be held via video conferencing.

Strategic Business Decision

In a significant move, the Board has approved, subject to shareholder approval, the closure, sale, or transfer of 100% shareholding in its wholly-owned material subsidiary, B.R. Chemicals Co. Limited, Japan. This subsidiary contributed ₹54.37 crore, representing 13.57% of the total consolidated income of the company in the last financial year.

The decision follows the earlier move to discontinue the subsidiary's business operations from January 30, 2025. This strategic step is expected to impact the company's consolidated financial structure, as the subsidiary also contributed 3.67% to the total consolidated net worth.

Black Rose Industries continues to adapt to market conditions and streamline its operations, focusing on its core chemical business in India. The company's actions reflect its commitment to enhancing operational efficiency and shareholder value in the evolving business landscape.

Historical Stock Returns for Black Rose Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-0.29%+2.04%+3.83%+11.37%-29.42%-19.84%
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Black Rose Industries Reports Mixed Q4 Results with Improved EBITDA

1 min read     Updated on 20 May 2025, 09:32 PM
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Overview

Black Rose Industries' Q4 results show improved profitability amid revenue challenges. EBITDA increased to ₹85.30 crore from ₹71.60 crore YoY, with EBITDA margin expanding to 10.29% from 6.21%. Revenue declined to ₹828.90 crore from ₹1,150.00 crore. Net profit slightly increased to ₹58.00 crore from ₹57.00 crore YoY. The company demonstrated strong operational efficiency despite market headwinds.

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*this image is generated using AI for illustrative purposes only.

Black Rose Industries , a prominent player in the chemical industry, has released its fourth-quarter financial results, showcasing a mixed performance with notable improvements in profitability despite a decline in revenue.

EBITDA Growth and Margin Expansion

The company reported a significant increase in its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) for Q4. The EBITDA rose to ₹85.30 crore from ₹71.60 crore in the same quarter of the previous year, marking a substantial year-over-year growth. This improvement in EBITDA was accompanied by an impressive expansion in the EBITDA margin, which climbed to 10.29% from 6.21% in the corresponding period last year.

Revenue Decline

Despite the positive developments in profitability, Black Rose Industries faced challenges on the revenue front. The company's revenue for the quarter decreased to ₹828.90 crore, down from ₹1,150.00 crore in the year-ago period. This represents a significant year-over-year decline in the top line.

Steady Net Profit

In terms of bottom-line performance, Black Rose Industries managed to maintain its profitability levels. The consolidated net profit for Q4 showed a marginal increase, rising to ₹58.00 crore from ₹57.00 crore in the same quarter of the previous year. Notably, the net profit remained unchanged compared to the previous quarter, demonstrating consistency in the company's earnings.

Financial Performance Overview

To better illustrate the company's Q4 performance, here's a summary of the key financial metrics:

Metric Q4 (Current Year) Q4 (Previous Year) YoY Change
Revenue ₹828.90 crore ₹1,150.00 crore -27.92%
EBITDA ₹85.30 crore ₹71.60 crore +19.13%
EBITDA Margin 10.29% 6.21% +4.08 pp
Net Profit ₹58.00 crore ₹57.00 crore +1.75%

The financial results reflect Black Rose Industries' ability to enhance its operational efficiency and profitability despite facing headwinds in revenue generation. The substantial improvement in EBITDA and EBITDA margin suggests effective cost management and potentially improved product mix or pricing strategies.

As the company navigates through challenging market conditions, investors and industry observers will be keen to see how Black Rose Industries builds on its improved profitability metrics while addressing the revenue decline in the coming quarters.

Historical Stock Returns for Black Rose Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-0.29%+2.04%+3.83%+11.37%-29.42%-19.84%
Black Rose Industries
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