Shree Hari Chemicals Export Reports Q3FY26 Results Under Regulation 33 with Mixed Performance
Shree Hari Chemicals Export Limited announced Q3FY26 financial results pursuant to Regulation 33, showing mixed performance with 14% revenue growth to ₹4,448.54 lakhs but 51% decline in net profit to ₹129.16 lakhs. The company also completed conversion of 6,05,494 CCDs to equity shares and maintained regulatory compliance with board approval on January 31, 2026.

*this image is generated using AI for illustrative purposes only.
Shree Hari Chemicals Export Limited announced its unaudited financial results for the quarter ended December 31, 2025, pursuant to Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board of Directors approved these results at their meeting held on January 31, 2026, presenting a mixed performance with revenue growth offset by declining profitability.
Financial Performance Overview
The company's standalone financial results revealed contrasting trends in revenue and profitability metrics during Q3FY26. While the top-line showed positive momentum, bottom-line performance faced significant pressure.
| Metric | Q3FY26 | Q3FY25 | Change (%) |
|---|---|---|---|
| Revenue from Operations | ₹4,448.54 lakhs | ₹3,901.62 lakhs | +14.02% |
| Total Income | ₹4,475.72 lakhs | ₹3,925.94 lakhs | +14.01% |
| Net Profit | ₹129.16 lakhs | ₹264.71 lakhs | -51.20% |
| Basic EPS | ₹2.33 | ₹5.95 | -60.84% |
Nine-Month Performance Analysis
For the nine-month period ended December 31, 2025, the company demonstrated stronger overall performance compared to the quarterly results. Revenue from operations reached ₹14,328.94 lakhs, marking a 34.96% increase from ₹10,616.97 lakhs in the corresponding period of the previous year.
| Parameter | 9M FY26 | 9M FY25 | Growth (%) |
|---|---|---|---|
| Revenue from Operations | ₹14,328.94 lakhs | ₹10,616.97 lakhs | +34.96% |
| Net Profit | ₹316.62 lakhs | ₹509.91 lakhs | -37.91% |
| Basic EPS | ₹5.72 | ₹11.47 | -50.13% |
Operational Expenses and Cost Structure
The company's expense structure showed significant variations during the quarter. Total expenses increased to ₹4,333.82 lakhs from ₹3,572.10 lakhs in Q3FY25. Cost of materials consumed rose to ₹2,528.46 lakhs compared to ₹2,262.67 lakhs in the previous year. Purchase of stock-in-trade amounted to ₹3.97 lakhs during the quarter.
Employee benefit expenses increased to ₹418.80 lakhs from ₹373.67 lakhs year-on-year. Finance costs decreased to ₹55.75 lakhs from ₹60.43 lakhs, while depreciation and amortization expenses remained relatively stable at ₹55.26 lakhs.
Corporate Actions and Capital Structure
The company completed a significant corporate action during the quarter. On December 04, 2025, Shree Hari Chemicals allotted 6,05,494 equity shares upon conversion of an equal number of Zero Coupon Compulsorily Convertible Debentures (CCDs). The company had originally allotted 18,66,580 CCDs on November 15, 2024.
| Capital Details | Current Status |
|---|---|
| Paid-up Equity Share Capital | ₹553.79 lakhs |
| Face Value per Share | ₹10.00 |
| CCDs Converted | 6,05,494 shares |
Regulatory Compliance and Governance
The Board of Directors approved these unaudited financial results at their meeting held on January 31, 2026, which commenced at 03:00 p.m. and concluded at 04:30 p.m. The results were reviewed by the Audit Committee and subsequently approved by the Board. Independent auditors Kailash Chand Jain & Co. conducted the limited review of both standalone and consolidated financial statements.
The company operates in a single business segment and maintains compliance with Indian Accounting Standards (Ind AS) prescribed under the Companies Act, 2013. The consolidated results, which include wholly-owned subsidiaries Shakambhari Dyechem Private Limited and Shakambhari Chemtech Private Limited, showed consolidated net profit of ₹122.10 lakhs for Q3FY26 compared to ₹262.93 lakhs in Q3FY25.
Historical Stock Returns for Shree Hari Chemicals Export
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.09% | +0.12% | +2.35% | -6.23% | -7.61% | +267.32% |






























