DMCC Speciality Chemicals Limited (formerly known as The Dharamsi Morarji Chemical Company Limited) has announced its unaudited financial results for the second quarter and half-year ended September 30, 2025, showcasing robust growth in both standalone and consolidated performances.

Standalone Performance Highlights

The company reported a significant increase in its standalone net profit for Q2 FY26, reaching Rs 775.15 lakhs, up 33.6% from Rs 580.06 lakhs in the same quarter of the previous year. For the half-year period, the standalone net profit nearly doubled to Rs 1,350.74 lakhs, compared to Rs 718.42 lakhs in the corresponding previous period, marking an impressive 88% growth.

Consolidated Results

On a consolidated basis, DMCC Speciality Chemicals posted a net profit of Rs 775.52 lakhs for Q2 FY26 and Rs 1,350.60 lakhs for the half-year period. These figures align closely with the standalone results, indicating consistent performance across the company's operations.

Revenue and Operational Performance

The total income from operations on a standalone basis stood at Rs 12,633.32 lakhs for the quarter. While the company did not provide a year-on-year comparison for this figure, the substantial profit growth suggests strong operational performance.

Key Financial Metrics

Here's a tabular representation of the key financial metrics for Q2 FY26:

Operational Update

The company noted that a planned maintenance shutdown of 21 days at its Roha Plant in Q1 FY26 had impacted the financial results. Despite this, the strong Q2 performance indicates the company's ability to recover and maintain growth momentum.

Board Meeting and Audit Review

The Board of Directors met on November 11, 2025, to approve these results. The statutory auditors have conducted a limited review and expressed an unmodified opinion on both the standalone and consolidated financial results.

Segment Information

DMCC Speciality Chemicals operates in a single segment: Manufacturing and Sale of Chemicals. As such, the company is not required to provide segment-wise disclosures under Ind AS 108 on Operating Segments.

Conclusion

The significant year-on-year growth in profits, despite the planned shutdown in Q1, demonstrates DMCC Speciality Chemicals' strong operational performance. The company's ability to substantially increase its half-yearly profits indicates improved operational efficiency in the specialty chemicals sector.

DMCC Speciality Chemicals has announced a significant change in its renewable energy strategy, terminating its agreement with one Ampyr subsidiary and entering into a new contract with another, alongside plans for a multi-million rupee investment in the sector.

Contract Shift and New Agreement

The company has terminated its Power Purchase Agreement with AMPYR Renewable Energy Resources Twelve B Private Limited, which was originally signed on May 16, 2025. This decision was made mutually, without any penalties or charges, due to a reduction in capacity of some other client.

In a strategic move, DMCC Speciality Chemicals has now entered into a fresh Power Purchase Agreement and Shareholder's Agreement with AMPYR Renewable Energy Resources Twelve A Private Limited on August 11, 2025. This shift in partners within the Ampyr group demonstrates DMCC's commitment to adapting its renewable energy strategy to changing market conditions.

Investment Plans

Alongside the new agreement, DMCC Speciality Chemicals has announced plans to invest 8.30 million rupees in Ampyr Renewable Energy. This investment underscores the company's dedication to expanding its presence in the renewable energy sector.

Shareholding and Investment Details

As part of the new agreement, DMCC will make an initial investment of Rs. 83.34 lakhs to acquire a 1.94% stake in AMPYR Renewable Energy Resources Twelve A Private Limited. The company has stated that any incremental acquisitions will be intimated in due course.

About the New Partner

AMPYR Renewable Energy Resources Twelve A Private Limited is a relatively new player in the green energy sector, focusing on solar power. Incorporated on November 1, 2023, the company is still in its early stages, with operations currently in process. As a result, there is no turnover history available for the past three years.

Regulatory Compliance

This strategic shift has been disclosed in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. DMCC has assured that all necessary approvals for the acquisition will be obtained as and when required.

Market Impact

While the immediate market impact of this move remains to be seen, it represents a clear indication of DMCC Speciality Chemicals' commitment to renewable energy and its willingness to adapt its strategies in this rapidly evolving sector.

The company's decision to switch partners within the Ampyr group, coupled with its investment plans, suggests a careful approach to expanding its renewable energy portfolio while managing potential risks associated with new ventures in the sector.

As the renewable energy landscape continues to develop in India, DMCC's strategic maneuvers may position it favorably to capitalize on the growing demand for clean energy solutions.