CHD Chemicals Limited has announced its unaudited financial results for the quarter and nine months ended December 31, 2025, in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board of Directors approved these results during their meeting held on February 14, 2026.

Financial Performance for Q3 FY26

The company reported mixed financial performance for the third quarter of FY26. While revenue from operations showed improvement, the company continued to face profitability challenges.

Nine Months Performance Analysis

For the nine months ended December 31, 2025, CHD Chemicals reported revenue from operations of ₹339.08 lakhs compared to ₹372.06 lakhs in the corresponding period of the previous year, representing a decline of 8.87%. The company's net loss for the nine-month period stood at ₹27.70 lakhs compared to ₹25.37 lakhs in the previous year.

Expense Breakdown

The company's major expense components for Q3 FY26 included cost of material consumed at ₹297.71 lakhs, employee benefit expenses of ₹17.00 lakhs, and other expenses totaling ₹7.60 lakhs. Notably, the company reported a positive change in inventories of ₹183.21 lakhs, which helped offset some operational costs.

Earnings Per Share

The basic and diluted earnings per share for continuing operations stood at negative ₹0.04 for Q3 FY26, compared to negative ₹0.05 in the previous quarter. For the nine months ended December 31, 2025, the earnings per share was negative ₹0.25.

Regulatory Compliance

The financial results were prepared in accordance with Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act, 2013. The statutory auditors conducted a limited review of the third quarter results. The company noted that segment reporting is not applicable as its activities fall within a single business segment.

CHD Chemicals Limited has announced the appointment of M/s GAMS & Associates LLP as its new statutory auditors, following the resignation of the previous auditor. The appointment was approved by the Board of Directors in their meeting held on February 6, 2026.

Board Approval and Meeting Details

The Board of Directors meeting commenced at 5:40 PM and concluded at 6:50 PM on February 6, 2026. The appointment of M/s GAMS & Associates LLP, Chartered Accountants (FRN: N500094) was approved to fill the casual vacancy created by the resignation of the previous auditor.

Regulatory Compliance

The appointment has been made pursuant to applicable provisions of the Companies Act 2013 and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has disclosed this information under Regulation 30 of the SEBI Listing Regulations to ensure transparency and compliance with regulatory requirements.

About the New Auditors

M/s GAMS & Associates LLP is a Delhi-based chartered accountancy firm with expertise in various audit services. The firm specializes in:

• Internal and statutory audits of companies
• Direct and indirect taxation consultancy and advisory services
• Company law consultancy services
• Advisory services for start-ups
• Fund raising services for corporates
• Insolvency resolution professional services

Terms of Appointment

The terms of appointment include audit of standalone financial results and annual audit of standalone financial statements in accordance with the provisions of the Companies Act 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The auditors will also issue certificates in accordance with requirements of the Companies Act, 2013, and SEBI rules and regulations.

The newly appointed statutory auditors will hold office until the company's ensuing general meeting, after which their continuation will be subject to shareholder approval as per statutory requirements.