India Gelatine & Chemicals Reports Strong Q2 Results, Announces Expansion Plans

India Gelatine & Chemicals Limited (IGCL) has reported robust financial results for the second quarter of fiscal year 2025-26, along with ambitious expansion plans to boost its production capacity.

Financial Performance

For the quarter ended September 30, 2025, IGCL posted impressive growth in both revenue and profitability:

Particulars (in Rs. Lakhs)	Q2 FY2025-26	Q2 FY2024-25	YoY Growth
Revenue from Operations	4,690.24	4,271.24	9.81%
Total Income	4,874.30	4,458.15	9.33%
Profit Before Tax	920.11	409.35	124.77%
Profit for the Period	644.22	308.77	108.64%

The company's performance shows a significant improvement compared to the same quarter last year, with profit more than doubling year-over-year.

Half-Year Performance

For the half-year ended September 30, 2025, IGCL reported:

Particulars (in Rs. Lakhs)	H1 FY2025-26	H1 FY2024-25	YoY Growth
Total Income	9,003.54	9,699.72	-7.18%
Profit Before Tax	1,804.12	1,075.07	67.82%
Profit for the Period	1,352.39	812.62	66.42%

Despite a slight decrease in total income, the company managed to significantly increase its profitability for the half-year period.

Expansion Plans

IGCL's Board of Directors has approved an expansion project. The key details of the expansion are:

Current production capacity: 2,000 MT
Proposed capacity addition: 700 MT
Total capacity post-expansion: 2,700 MT
Estimated investment: Rs. 80 crore
Implementation period: Approximately 1.5 years
Funding: Combination of internal accruals and borrowings

The expansion aims to enhance the company's Gelatine production capacity by 35%, from 2,000 MT to 2,700 MT.

Management Commentary

Vinay Kumar Jha, Executive Director of India Gelatine & Chemicals Limited, stated, "We are pleased with our performance this quarter, which reflects the strength of our business model and the growing demand for our products. The approved expansion project underscores our commitment to growth and our confidence in the future of the Gelatine market."

Outlook

With its strong financial performance and strategic expansion plans, India Gelatine & Chemicals Limited appears well-positioned for future growth. The company's focus on increasing production capacity aligns with its goal of capitalizing on market opportunities and enhancing shareholder value.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-100.00%	+0.12%	+3.81%	-10.43%	-12.48%	+227.21%

India Gelatine & Chemicals Limited (IGCL) has received approval from the Bombay Stock Exchange (BSE) to reclassify three entities from the 'Promoter' category to the 'Public' category. This development marks a significant change in the company's shareholding structure.

Reclassification Details

The BSE conveyed its no objection through a letter dated September 17, 2025, following the company's earlier intimation from June 12, 2025. The reclassified entities are:

Viren Chandrasinh Mirani
Shefali Viren Mirani
Olive Speciality Services LLP

Notably, all three entities hold zero shareholding in the company at the time of reclassification.

Regulatory Compliance

The reclassification is in accordance with Regulation 31A(10) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation governs the process of reclassifying promoters as public shareholders.

Company's Disclosure

In compliance with regulatory requirements, India Gelatine & Chemicals Limited promptly disclosed this information to the stock exchange. Sejal Shah, the Company Secretary & Compliance Officer, signed the official communication to the BSE on September 18, 2025.

Impact on Shareholding Structure

While the reclassification doesn't involve any transfer of shares, it represents a change in how these entities are categorized within the company's shareholding structure. This move could potentially impact the company's promoter holding percentage and public float.

About India Gelatine & Chemicals Limited

India Gelatine & Chemicals Limited, with its corporate office in Mumbai and registered office in Ahmedabad, operates under the CIN: L99999GJ1973PLC002260.