BN Agrochem Appoints New Chairman, Contests BSE Fine

BN Agrochem Limited , a key player in the agro-commodity sector, has announced significant changes in its leadership and addressed regulatory concerns in its recent board meeting.

New Chairman Appointed

The company's Board of Directors has approved the appointment of Mr. Anubhav Agarwal as the Chairman of the Board for a five-year term, effective November 13, 2025. Mr. Agarwal, currently serving as a Non-Executive Director, brings a wealth of experience to his new role.

Mr. Agarwal holds a master's degree in business administration from a premier business school and has played a vital role in developing residential and commercial establishments in Agra. His passion for the food and agro-processing business led him, along with his father, to establish BN AGRITECH. Under his leadership, driven by exceptional business acumen and administrative skills, the company has reached its current stature in the industry.

Regulatory Compliance and Financial Penalty

In a separate development, BN Agrochem has received a fine of INR 1,04,000 (exclusive of GST) from the Bombay Stock Exchange (BSE). The penalty was imposed for alleged non-submission of the Annual Report within the prescribed period under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

However, the company has contested this fine, asserting that it had duly submitted the Annual Report within the stipulated timeline on September 06, 2025. BN Agrochem claims to have provided the direct link to the Annual Report on the BSE portal as required.

The company has made a representation to BSE Limited, requesting a waiver or removal of the fine. As of now, the response from BSE regarding this submission is pending.

Financial Performance

While the company faces regulatory challenges, its financial performance shows resilience. As per the unaudited consolidated financial results for the quarter ended September 30, 2025:

Particulars	Q2 2025 (in INR Lacs)	Q2 2024 (in INR Lacs)
Revenue from Operations	21,465.85	20,331.37
Net Profit After Tax	1,795.58	(884.50)
Total Comprehensive Income	3,277.13	896.45

The company has shown a significant turnaround in profitability compared to the same quarter in the previous year, with a net profit after tax of INR 1,795.58 lacs in Q2 2025, as opposed to a loss of INR 884.50 lacs in Q2 2024.

These developments highlight BN Agrochem's efforts to strengthen its leadership and maintain regulatory compliance while focusing on financial growth. The company's response to the BSE fine and its future interactions with the regulatory body will be crucial in maintaining investor confidence and corporate governance standards.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+11.55%	+6.49%	+3.58%	+130.93%	+112.77%	+680.93%

BN Agrochem Limited (formerly BN Holdings Limited) has announced its unaudited financial results for the second quarter and half-year ended September 30, 2025, showcasing significant growth in revenue and profitability.

Financial Highlights

The company's consolidated results for Q2 FY2025-26 demonstrate strong performance:

Particulars (in Rs. Lakhs)	Q2 FY2025-26	Q2 FY2024-25	YoY Growth
Total Revenue	21,649.16	12,033.37	79.91%
Net Profit After Tax	1,791.94	1,001.38	78.94%

For the half-year ended September 30, 2025:

Particulars (in Rs. Lakhs)	H1 FY2025-26	H1 FY2024-25	YoY Growth
Total Revenue	41,981.42	23,940.64	75.36%
Net Profit After Tax	3,800.23	1,724.38	120.38%

Operational Performance

The company's robust financial performance can be attributed to several factors:

Revenue Growth: BN Agrochem has achieved a 79.91% year-on-year increase in total revenue for Q2 FY2025-26, rising from Rs. 12,033.37 lakhs to Rs. 21,649.16 lakhs.
Profitability: Net profit after tax for Q2 FY2025-26 grew by 78.94% year-on-year, reaching Rs. 1,791.94 lakhs compared to Rs. 1,001.38 lakhs in the same quarter last year.
Half-Year Performance: For H1 FY2025-26, the company reported a 75.36% increase in total revenue and a 120.38% growth in net profit after tax compared to H1 FY2024-25.

Balance Sheet Strength

As of September 30, 2025, BN Agrochem's consolidated balance sheet reflects:

Total Assets: Rs. 70,365.33 lakhs
Total Equity: Rs. 44,405.71 lakhs
Cash and Cash Equivalents: Rs. 485.93 lakhs

Corporate Developments

The Board of Directors, in their meeting held on November 13, 2025, also approved the following:

Appointment of Chairman: Mr. Anubhav Agarwal, a Non-Executive Director, has been appointed as Chairman of the Board for a period of 5 years.
Regulatory Compliance: The company addressed a fine of INR 1,04,000/- (exclusive of GST) received from BSE Limited regarding the alleged non-submission of the Annual Report. BN Agrochem has clarified that the Annual Report was duly submitted within the stipulated timeline on September 06, 2025, and has made a representation to BSE Limited for waiver/removal of the fine.

Management Commentary

Chintan Ajaykumar Shah, Whole-Time Director & CEO, stated, "Our Q2 and H1 FY2025-26 results demonstrate BN Agrochem's strong growth trajectory and operational efficiency. The significant increase in revenue and profitability reflects our strategic initiatives and market positioning. We remain committed to sustaining this momentum and creating value for our stakeholders."

Future Outlook

While the company has not provided specific forward-looking statements, the robust growth in revenue and profitability suggests a positive outlook. BN Agrochem's performance indicates its strong market position in the agrochem sector and its ability to capitalize on industry opportunities.

Investors and stakeholders will likely keep a close watch on how BN Agrochem maintains this growth momentum in the coming quarters, especially in light of global economic conditions and sector-specific trends in the agrochemical industry.