India Gelatine & Chemicals Q3FY26 Net Profit Surges 99.67% YoY to ₹710.25 Lakhs
India Gelatine & Chemicals Limited reported exceptional Q3FY26 results with net profit surging 99.67% to ₹710.25 lakhs despite revenue declining 14.71% to ₹4,482.69 lakhs. Nine-month profit grew 76.55% to ₹2,062.64 lakhs, demonstrating strong operational efficiency and cost management. The company appointed Mr. Valan Raja Nadar as CFO, bringing 23+ years of finance experience to strengthen leadership capabilities.
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India gelatine & chemicals Limited delivered impressive financial results for the third quarter of FY26 ended December 31, 2025, with net profit nearly doubling despite a decline in revenue. The company's strong profitability growth demonstrates effective cost management and operational efficiency improvements during the quarter.
Financial Performance Overview
The company's financial metrics for Q3FY26 showed mixed results with strong profit growth offsetting revenue decline:
| Metric | Q3FY26 | Q3FY25 | Change (%) |
|---|---|---|---|
| Revenue from Operations | ₹4,482.69 lakhs | ₹5,256.12 lakhs | -14.71% |
| Total Income | ₹4,684.33 lakhs | ₹5,424.25 lakhs | -13.64% |
| Net Profit | ₹710.25 lakhs | ₹355.64 lakhs | +99.67% |
| Earnings Per Share | ₹10.01 | ₹5.01 | +99.80% |
The significant improvement in profitability was achieved through better cost control, with total expenses declining to ₹3,829.63 lakhs from ₹5,000.06 lakhs in the previous year quarter.
Nine-Month Performance Analysis
For the nine-month period ended December 31, 2025, the company maintained strong performance momentum:
| Parameter | 9M FY26 | 9M FY25 | Growth (%) |
|---|---|---|---|
| Revenue from Operations | ₹13,082.58 lakhs | ₹14,536.83 lakhs | -10.01% |
| Net Profit | ₹2,062.64 lakhs | ₹1,168.26 lakhs | +76.55% |
| Basic EPS | ₹29.08 | ₹16.47 | +76.50% |
The nine-month results reflect the company's ability to maintain profitability growth despite revenue challenges, with profit before tax reaching ₹2,658.82 lakhs compared to ₹1,499.26 lakhs in the corresponding period last year.
Cost Structure and Operational Efficiency
The company demonstrated improved operational efficiency through effective cost management across key expense categories. Cost of materials consumed decreased to ₹1,692.74 lakhs in Q3FY26 from ₹2,221.69 lakhs in Q3FY25. Power and fuel expenses also declined to ₹619.69 lakhs from ₹676.26 lakhs year-on-year.
Employee benefit expenses showed variation at ₹272.44 lakhs in Q3FY26 compared to ₹278.11 lakhs in the previous year quarter. The company made additional provisions of ₹38.60 lakhs towards past service cost related to new Labour Codes implemented from November 21, 2025.
Leadership Appointment
The company strengthened its leadership team with key management changes:
| Position | Appointee | Effective Date |
|---|---|---|
| Chief Financial Officer | Mr. Valan Raja Nadar | February 10, 2026 |
| Experience | 23+ years in finance and accounts | - |
| Qualifications | MBA (Accounts & Finance), CA (Intermediate), B.Com | - |
Mr. Nadar brings extensive expertise in financial planning, statutory and tax compliances, financial reporting, internal controls, and cash flow management across various industries.
Business Operations and Outlook
India Gelatine & Chemicals operates in the chemical business segment, which represents its only reportable business segment under Ind AS-108. The company's total comprehensive income for Q3FY26 reached ₹720.06 lakhs compared to ₹453.97 lakhs in the corresponding quarter last year.
The paid-up equity share capital remained stable at ₹709.23 lakhs with a face value of ₹10 per share. The company continues to monitor developments related to new Labour Codes and their potential financial implications on future operations.
Historical Stock Returns for India Gelatine & Chemicals
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +6.83% | +8.80% | +8.99% | +2.38% | -5.15% | +248.65% |
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