NewsEarningsMehul Colours Limited Reports Strong Half-Year Results and Approves Key AppointmentsMehul Colours Limited Reports Strong Half-Year Results and Approves Key Appointments
Mehul Colours Limited, a masterbatch manufacturer, announced unaudited standalone financial results for H1 FY2026 ending September 30, 2025. Total income increased by 17.08% to INR 1,459.14 lakhs, while net profit grew 11.76% to INR 329.29 lakhs. The company reported total assets of INR 4,465.74 lakhs and shareholders' funds of INR 3,919.96 lakhs. Out of INR 2,165.76 lakhs raised in IPO, INR 1,884.61 lakhs remain unutilized. The board appointed M/s. N A Jain Associates as Internal Auditors and M/s H. Roshan Associates as Secretarial Auditors for FY 2025-26 and FY 2026-27.
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Mehul Colours Limited , a leading manufacturer of masterbatches, has announced its unaudited standalone financial results for the half-year ended September 30, 2025, along with several key board decisions. The company, which recently listed on the BSE SME platform, has shown robust performance and made strategic moves to strengthen its governance structure.
Financial Highlights
For the half-year ended September 30, 2025, Mehul Colours Limited reported:
| Particulars | Amount (INR in Lakhs) | YoY Growth |
|---|---|---|
| Total Income | 1,459.14 | 17.08% |
| Net Profit | 329.29 | 11.76% |
| EPS (Basic and Diluted) | 3.98 | 1.79% |
The company's total income saw a significant increase of 17.08% compared to the same period last year, rising from INR 1,246.30 lakhs to INR 1,459.14 lakhs. Net profit also showed strong growth, increasing by 11.76% from INR 294.64 lakhs to INR 329.29 lakhs.
Balance Sheet Strength
As of September 30, 2025, Mehul Colours Limited's balance sheet reflects a robust financial position:
- Total Assets: INR 4,465.74 lakhs
- Shareholders' Funds: INR 3,919.96 lakhs
- Cash and Bank Balance: INR 75.56 lakhs
IPO Proceeds Utilization
The Board of Directors has adopted a statement regarding the utilization of IPO proceeds. Out of the total INR 2,165.76 lakhs raised:
- INR 281.15 lakhs were utilized for issue-related expenses
- INR 1,884.61 lakhs remain unutilized and are temporarily invested in liquid mutual funds pending deployment
Key Appointments
The Board has approved two significant appointments:
- M/s. N A Jain Associates as Internal Auditors for FY 2025-26 and FY 2026-27
- M/s H. Roshan Associates as Secretarial Auditors for the same period
Management Commentary
Mehul Pravinchandra Joshi, Managing Director of Mehul Colours Limited, stated, "Our half-year results demonstrate the company's resilience and growth potential. We are particularly pleased with the strong revenue growth and improved profitability. The strategic appointments we've made will further strengthen our governance framework as we continue to focus on creating value for our shareholders."
Future Outlook
With a strong financial performance, strategic utilization of IPO proceeds, and enhanced governance structure, Mehul Colours Limited appears well-positioned for continued growth. The company's focus on the masterbatches segment, coupled with its recent listing on the BSE SME platform, provides a solid foundation for expansion in the coming years.
Historical Stock Returns for Mehul Colours
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.23% | -6.29% | +9.33% | -4.68% | -4.68% | -4.68% |
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