Camex Limited Resubmits Q3 FY26 Results with Minor Corrections After Strong Performance

2 min read     Updated on 05 Feb 2026, 02:12 PM
scanx
Reviewed by
Riya DScanX News Team
Overview

Camex Limited resubmitted its Q3 FY26 financial results with minor corrections in heading and authorized share capital note. The company reported strong quarterly performance with net profit of ₹81.80 lakhs versus loss of ₹31.86 lakhs in Q3 FY25, revenue growth of 29.8% to ₹3,662.02 lakhs, and exceptional performance in the Fiber Glass segment.

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

Camex Limited has resubmitted its unaudited financial results for the third quarter of FY26 ended December 31, 2025, with minor typographical corrections. The company originally submitted the results within the stipulated time limit but identified and corrected two minor errors in the filing.

Resubmission Details

The company informed BSE Limited about the resubmission through a letter dated February 6, 2026. The corrections addressed:

Correction Type: Details
Heading Error: Changed "Half Year Ended" to "Nine Months Ended December 31, 2025"
Note 5 Clarification: Corrected authorized share capital increase details
Financial Impact: No material changes to financial results
Original Submission: Within 30 minutes of Board Meeting conclusion

Financial Performance Overview

The company achieved a significant turnaround to profitability during Q3 FY26. The following table summarizes the key financial metrics:

Metric: Q3 FY26 Q3 FY25 Change
Revenue from Operations: ₹3,662.02 lakhs ₹2,820.91 lakhs +29.8%
Net Profit/(Loss): ₹81.80 lakhs (₹31.86 lakhs) Turnaround
Profit Before Tax: ₹105.01 lakhs (₹48.39 lakhs) Turnaround
Basic EPS: ₹0.80 (₹0.31) Positive

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, Camex Limited reported mixed results compared to the previous year:

Parameter: 9M FY26 9M FY25 Variance
Revenue from Operations: ₹10,820.87 lakhs ₹9,643.96 lakhs +12.2%
Net Profit: ₹143.85 lakhs ₹174.69 lakhs -17.6%
Total Revenue: ₹10,844.97 lakhs ₹9,827.61 lakhs +10.3%

Segment-wise Performance

The company operates in two primary segments: Dyes and Chemicals, and Fiber Glass. The Fiber Glass segment showed exceptional performance during Q3 FY26:

Dyes and Chemicals Segment

  • Revenue: ₹1,849.05 lakhs in Q3 FY26 vs ₹1,626.35 lakhs in Q3 FY25
  • Segment Result: ₹9.14 lakhs vs ₹49.92 lakhs in the previous year

Fiber Glass Segment

  • Revenue: ₹1,812.97 lakhs in Q3 FY26 vs ₹1,194.56 lakhs in Q3 FY25 (+51.8%)
  • Segment Result: ₹121.47 lakhs vs loss of ₹66.93 lakhs in Q3 FY25

Corporate Developments

The company disclosed several important developments:

Development: Details
Share Capital Increase: Authorized capital increased from ₹11,00,00,000 to ₹25,00,00,000
Insurance Claim: ₹206.63 lakhs claim for fire damage at Ankleshwar wax plant under process
Labour Codes Impact: Evaluating new Labour Codes with no material impact expected
Audit Review: Results reviewed by Audit Committee and approved by Board

The financial results were reviewed by the Audit Committee and approved by the Board of Directors on February 5, 2026. The statutory auditors conducted a limited review of the quarterly and nine-month results in accordance with applicable standards.

Historical Stock Returns for Camex

1 Day5 Days1 Month6 Months1 Year5 Years
-2.61%-9.78%-10.28%-27.64%-26.59%+45.80%

Camex Limited Postal Ballot Results: Share Capital Increase Approved, RPT Rejected

2 min read     Updated on 12 Nov 2025, 07:34 PM
scanx
Reviewed by
Riya DScanX News Team
Overview

Camex Limited announced postal ballot results with shareholders approving share capital increase from ₹11 cr to ₹25 cr with overwhelming support, but rejecting related party transaction proposal for ₹50 cr guarantee facility due to low participation, particularly promoter group abstention.

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Camex Limited has announced the results of its postal ballot conducted through remote e-voting, with shareholders approving one of the two proposed resolutions while rejecting the other. The voting period concluded on December 27, 2025, with results declared on December 29, 2025, as communicated to BSE Limited through an official regulatory filing.

Postal Ballot Results Overview

The company conducted the postal ballot under the supervision of Mr. Ravi Kapoor, Practicing Company Secretary (FCS-2587), who served as the scrutinizer. The voting was conducted entirely through remote e-voting system for the company's 4,006 shareholders as on the record date of November 21, 2025.

Voting Details: Information
Record Date: November 21, 2025
Total Shareholders: 4,006
Voting Period End: December 27, 2025
Results Declared: December 29, 2025
Scrutinizer: Mr. Ravi Kapoor (FCS-2587)
Company Secretary: Vishal Vadhvana (A49561)

Resolution 1: Share Capital Increase - APPROVED

Shareholders overwhelmingly approved the proposal to increase the company's authorized share capital from ₹11.00 crores to ₹25.00 crores, along with the consequent amendment to Clause V of the Memorandum of Association.

Voting Category: Shares Held Votes Polled Votes in Favour Votes Against Approval %
Promoter Group: 45,63,891 45,63,891 45,63,891 0 100.00%
Public Institutions: 1,000 0 0 0 0.00%
Public Non-Institutions: 56,43,809 21,77,121 21,77,114 7 99.99%
Total: 1,02,08,700 67,41,012 67,41,005 7 99.99%

The resolution secured 66.03% of total outstanding shares participation with an overwhelming 99.99% approval rate from voting shareholders.

Resolution 2: Related Party Transaction - REJECTED

The proposal for entering into material related party transactions with Camex Speciality Private Limited for availing corporate guarantee and security up to ₹50.00 crores was rejected due to insufficient participation from promoter group.

Voting Category: Shares Held Votes Polled Votes in Favour Votes Against Approval %
Promoter Group: 45,68,891 0 0 0 0.00%
Public Institutions: 1,000 0 0 0 0.00%
Public Non-Institutions: 56,38,809 9,34,958 9,34,949 9 99.99%
Total: 1,02,08,700 9,34,958 9,34,949 9 99.99%

Despite receiving 99.99% approval from voting shareholders, the resolution failed due to only 9.16% participation of total outstanding shares, with promoter group abstaining from voting on this related party transaction.

Regulatory Compliance and Filing Details

The postal ballot was conducted in accordance with Regulation 44 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. Company Secretary Vishal Vadhvana (Membership No. A49561) coordinated the process and submitted the results to BSE Limited where the company's shares are listed under scrip code 524440.

Company Details: Information
CIN: L17100GJ1989PLC013041
BSE Scrip Code: 524440
ISIN: INE198C01010
Sector: Chemicals
Market Cap: Small Cap (₹33.69 cr)

The approved increase in authorized share capital will provide the company with enhanced financial flexibility for future growth initiatives, while the rejection of the related party transaction proposal indicates shareholders' cautious approach toward such arrangements, particularly with promoter group abstaining from voting on the matter.

Historical Stock Returns for Camex

1 Day5 Days1 Month6 Months1 Year5 Years
-2.61%-9.78%-10.28%-27.64%-26.59%+45.80%

More News on Camex

1 Year Returns:-26.59%