Multibase India Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, showcasing mixed performance with strong profit growth despite revenue challenges. The Board of Directors approved these results at their meeting held on February 13, 2026.

Quarterly Financial Performance

The company delivered robust profit growth in Q3FY26 despite facing revenue headwinds. Net profit after tax surged significantly while operational revenue experienced a notable decline compared to the previous year.

Nine-Month Period Results

For the nine months ended December 31, 2025, the company faced challenges with both revenue and profitability declining compared to the corresponding period in the previous year.

Operational Highlights

The company's cost structure showed improvement during Q3FY26. Total expenses decreased to ₹996.10 lakhs from ₹1,506.21 lakhs in Q3FY25, contributing to the improved profit margins. Cost of materials consumed stood at ₹773.37 lakhs compared to ₹852.58 lakhs in the previous year quarter.

Employee benefits expense increased to ₹134.81 lakhs from ₹112.70 lakhs, while other expenses decreased to ₹158.66 lakhs from ₹200.04 lakhs in Q3FY25. The company maintained minimal finance costs with zero finance costs in Q3FY26.

Key Adjustments and Regulatory Updates

During Q3FY26, the management accounted for a retrospective price adjustment of ₹176.41 lakhs related to import purchases of traded goods from related parties for transfer pricing adjustments. The company also implemented changes related to the new labour codes that became effective from November 21, 2025, though the impact was assessed as not material to the results.

Business Segment Information

Multibase India operates predominantly in the manufacture and sale of thermoplastic elastomers and silicone-based products. The company maintains a paid-up equity share capital of ₹1,262.00 lakhs with face value of ₹10 per share, remaining unchanged across all reported periods.

Multibase India Limited , a prominent player in the specialty chemicals sector, has announced a significant addition to its leadership team. The company's Board of Directors has appointed Mr. Mohd. Sopin Peerzade as an Additional Director (Non-Executive & Non-Independent), effective August 25, 2025, subject to shareholder approval.

Board Appointment Details

The appointment of Mr. Peerzade was approved by the Board of Directors based on the recommendation of the Nomination and Remuneration Committee. As per the company's regulatory filing, the board meeting commenced at 04:11 p.m. IST and concluded at 04:33 p.m. IST on the day of the appointment.

Peerzade's Professional Background

Mr. Mohd. Sopin Peerzade brings over 16 years of leadership experience in corporate legal, compliance, and risk management to Multibase India. His current roles include:

• India Legal Head at DuPont Specialty Products India Pvt Ltd
• Commercial Legal Counsel for water business across Australia, New Zealand, Malaysia, and Singapore

Prior to his current positions, Peerzade held senior leadership roles, including:

• Associate General Counsel at Syngene International
• Senior Director at Sutherland

Areas of Expertise

Mr. Peerzade's extensive experience spans several crucial areas:

• Corporate governance
• Commercial contracts
• Intellectual property
• Data privacy
• Litigation management
• Mergers and Acquisitions (M&A)
• Cross-border transactions

Additionally, he has significant experience in anti-bribery/anti-corruption compliance, GDPR, enterprise risk frameworks, and regulatory engagement.

Strategic Value to Multibase India

Peerzade is recognized for providing strategic legal guidance, safeguarding stakeholder interests, and aligning governance priorities with business objectives. His strong board-level advisory experience, with a focus on transparency, accountability, and ethical business conduct, is expected to be a valuable asset to Multibase India's corporate governance structure.

Regulatory Compliance

In compliance with regulatory requirements, Multibase India has confirmed that Mr. Peerzade is not related to any other Director of the Company. Furthermore, he is not debarred from holding directorial positions by any order of SEBI or any other authority.

The appointment of Mr. Mohd. Sopin Peerzade as an Additional Director reflects Multibase India's commitment to strengthening its board with diverse expertise. Shareholders will have the opportunity to approve this appointment in due course, as the company continues to enhance its leadership team for future growth and governance.