National Peroxide Reports Q3FY26 Net Profit of ₹183.23 Lakhs, Appoints New Company Secretary

2 min read     Updated on 05 Feb 2026, 08:42 PM
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AI Summary

National Peroxide Limited announced strong Q3FY26 results with net profit of ₹183.23 lakhs compared to a loss in the previous year, driven by 11.15% revenue growth to ₹6,908.70 lakhs. The Board also approved the appointment of Mr. Akshay Satasiya as Company Secretary & Compliance Officer from March 9, 2026.

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National Peroxide Limited has announced its unaudited financial results for the third quarter of fiscal year 2026, reporting a significant turnaround with net profit of ₹183.23 lakhs compared to a loss of ₹151.90 lakhs in the corresponding quarter of the previous year. The company's Board of Directors approved these results at their meeting held on February 05, 2026, along with the appointment of a new Company Secretary.

Financial Performance Overview

The company demonstrated strong operational recovery with revenue from operations reaching ₹6,908.70 lakhs for Q3FY26, marking an 11.15% increase from ₹6,215.78 lakhs in Q3FY25. Total income for the quarter stood at ₹6,998.85 lakhs compared to ₹6,252.42 lakhs in the previous year.

Financial Metrics: Q3FY26 Q3FY25 Change
Revenue from Operations: ₹6,908.70 lakhs ₹6,215.78 lakhs +11.15%
Total Income: ₹6,998.85 lakhs ₹6,252.42 lakhs +11.94%
Net Profit/(Loss): ₹183.23 lakhs ₹(151.90) lakhs Positive turnaround
Basic EPS: ₹3.19 ₹(2.64) Positive turnaround

Nine Months Performance Analysis

For the nine months ended December 31, 2025, the company reported net profit of ₹310.85 lakhs compared to ₹424.37 lakhs in the corresponding period of the previous year. Revenue from operations for the nine-month period was ₹20,402.85 lakhs against ₹21,316.96 lakhs in the previous year.

Nine Months Metrics: 9M FY26 9M FY25 Change
Revenue from Operations: ₹20,402.85 lakhs ₹21,316.96 lakhs -4.29%
Total Income: ₹20,862.10 lakhs ₹21,765.39 lakhs -4.15%
Net Profit: ₹310.85 lakhs ₹424.37 lakhs -26.75%
Basic EPS: ₹5.41 ₹7.38 -26.69%

Key Appointment and Corporate Governance

The Board of Directors approved the appointment of Mr. Akshay Satasiya as Company Secretary & Compliance Officer and Key Managerial Personnel, effective March 09, 2026. Mr. Satasiya is an Associate Member of the Institute of Company Secretaries of India with over 10 years of experience in secretarial, compliance, and corporate governance functions.

Appointment Details: Information
Name: Mr. Akshay Satasiya
Position: Company Secretary & Compliance Officer
Effective Date: March 09, 2026
Qualification: ACS: 47389
Experience: Over 10 years in compliance and governance

Exceptional Items and Other Highlights

The company reported exceptional items of ₹58.15 lakhs during Q3FY26, related to actuarial valuation of past service costs for employee benefits under the newly implemented Social Security Code. Total comprehensive income for the quarter was ₹251.01 lakhs compared to a loss of ₹159.01 lakhs in the previous year. The company operates in a single segment of manufacturing Hydrogen Peroxide and maintains its commitment to sustainability through various ISO certifications including ISO 9001, ISO 14001, ISO 45001, ISO 50001, and RC 14001 under DNV-GL Management System Certification.

Historical Stock Returns for NPL

1 Day5 Days1 Month6 Months1 Year5 Years
+2.00%-3.25%-10.40%-36.23%-37.07%-58.71%

National Peroxide Appoints Amit Goriwale as Interim CFO and CRO

1 min read     Updated on 18 Dec 2025, 07:53 PM
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NPL's Board of Directors has appointed Mr. Amit Goriwale as Interim Chief Financial Officer and Interim Chief Risk Officer, effective December 18, 2025. Mr. Goriwale, currently Deputy Manager Accounts and Finance, is a Chartered Accountant with over 6 years of experience in finance, accounting, audit, taxation, and regulatory compliance. The interim appointment will last until a new permanent CFO is selected.

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NPL has announced a key leadership appointment, naming Mr. Amit Goriwale as Interim Chief Financial Officer and Interim Chief Risk Officer effective December 18, 2025. The decision was made by the Board of Directors following recommendations from both the Nomination and Remuneration Committee and the Audit Committee.

Board Meeting and Appointment Details

The Board of Directors meeting, which commenced at 4:45 p.m. (IST) and concluded at 6:30 p.m. (IST) on December 18, 2025, formally approved the appointment under Section 203 of the Companies Act, 2013. The appointment designates Mr. Goriwale as Key Managerial Personnel of the company.

Parameter Details
Effective Date December 18, 2025
Position Interim Chief Financial Officer and Interim Chief Risk Officer
Current Role Deputy Manager Accounts and Finance
Term Duration Until new CFO is appointed by Board

Professional Background and Qualifications

Mr. Amit Goriwale brings substantial expertise to his new role as a Chartered Accountant with over 6 years of experience across multiple financial domains. His professional background encompasses finance, accounting, audit, taxation, and regulatory compliance, providing a comprehensive foundation for the CFO position.

His technical expertise includes:

  • Preparation of Standalone and Consolidated Financial Statements under IndAS
  • Statutory audits and compliance management
  • SEBI and MCA regulatory requirements
  • Finance and accounts management

Career Experience

Currently serving as Deputy Manager (Finance Accounts) at NPL, Mr. Goriwale has previously held positions with notable organizations including Network18 Group, Deloitte, and Lloyd Insulations (India) Limited. This diverse experience across different sectors and organizational structures has equipped him with varied perspectives on financial management and corporate governance.

Appointment Terms and Conditions

The interim appointment is structured to provide continuity in the company's financial leadership while the organization conducts a search for a permanent Chief Financial Officer. The appointment will remain effective until a new Chief Financial Officer is appointed by the Board of Directors and assumes office in that capacity.

The company has fulfilled all disclosure requirements under Regulation 30(6) of SEBI Listing Regulations, read with the SEBI Master Circular No SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, ensuring full transparency with stakeholders and regulatory authorities.

Historical Stock Returns for NPL

1 Day5 Days1 Month6 Months1 Year5 Years
+2.00%-3.25%-10.40%-36.23%-37.07%-58.71%

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1 Year Returns:-37.07%