AksharChem
198.50
-1.74(-0.87%)
Market Cap₹159.46 Cr
PE Ratio-42.36
IndustryChemicals
Company Performance:
1D-0.87%
1M+8.76%
6M-24.64%
1Y-16.63%
5Y-30.42%
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More news about AksharChem
26Feb 26
CARE Ratings Revises Aksharchem's Outlook to Negative, Reaffirms A- Rating on ₹143.41 Crore Bank Facilities
CARE Ratings has revised Aksharchem (India) Limited's outlook to Negative from Stable while reaffirming credit ratings on bank facilities totaling ₹143.41 crore. The company's Long Term and Short Term Bank Facilities received reaffirmed CARE A- and CARE A2+ ratings respectively. The outlook revision reflects concerns over sustained weak performance, with 9MFY26 showing operating margin decline to 4.43% and net loss of ₹5.24 crore. Despite challenges including US tariff impact and margin compression, the company maintains comfortable capital structure with overall gearing of 0.25x and benefits from experienced promoters and established export presence across 20+ countries.
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28Jan 26
AksharChem (India) Limited Reports Q3FY26 Loss of ₹461.56 Lakhs Amid Revenue Decline
AksharChem (India) Limited reported a net loss of ₹461.56 lakhs for Q3FY26 against a profit of ₹119.05 lakhs in Q3FY25, with revenue declining 11.37% to ₹8,037.87 lakhs. Nine-month revenue grew 4.35% to ₹26,664.34 lakhs, but the company posted a net loss of ₹527.36 lakhs compared to a profit of ₹338.33 lakhs in the previous year. The company commissioned a 5.19 MWp solar power plant in November 2025 and received ₹169.61 lakhs as partial insurance settlement for a fire incident.
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20Jan 26
Aksharchem (India) Limited Schedules Board Meeting for January 28, 2026 to Review Q3FY26 Financial Results
Aksharchem (India) Limited has scheduled a board meeting for January 28, 2026, to review and approve unaudited financial results for the quarter and nine months ended December 31, 2025. The meeting complies with SEBI (LODR) Regulations, 2015, with the company maintaining a trading window closure from January 1, 2026, until 48 hours after results declaration. Company Secretary Mehul Naliyadhara communicated this development to BSE and NSE on January 20, 2026.
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18Dec 25
Aksharchem Solar Plant Operational Since November with GEDA Certification
AksharChem (India) has successfully commissioned a ground-mounted solar power plant with 5.19 MWP peak capacity and 3.85 MWP output capability, located at Village Makdala, Banaskantha. The facility has been operational since November 12, 2025, with the Gujarat Energy Development Agency (GEDA) Certificate of Commissioning received on December 09, 2025, supporting captive consumption at the company's Indrad factory.
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31Oct 25
AksharChem India's General Manager Rajesh Samal Steps Down, Citing Family Concerns
Mr. Rajesh Samal, General Manager (Works) at AksharChem (India) Limited, has resigned from his position effective October 31, 2025, citing family concerns. The company has notified stock exchanges in compliance with SEBI regulations. No immediate information on a successor or potential impact on company operations has been provided.
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14Oct 25
AksharChem Resumes Green Plant Operations After Scheduled Maintenance
AksharChem (India) Limited has resumed production at its Green plant in Mahesana, Gujarat, on October 13, 2025, following a planned shutdown for repair and maintenance that began in September 2025. The company stated that the temporary closure had no material impact on its financials. The Green plant, located in Village Indrad, Chhatral-Kadi Road, Mahesana, underwent scheduled maintenance to ensure optimal performance and efficiency.
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15Sept 25
AksharChem (India) Limited Announces Three-Week Shutdown of Green Plant for Maintenance
AksharChem (India) Limited has announced a three-week shutdown of its Green plant in Gujarat for repair and maintenance, starting September 15. The company disclosed this information in compliance with SEBI regulations. Coincidentally, AksharChem held its 36th Annual General Meeting on the same day, addressing key matters including financial statements adoption, dividend declaration, director re-appointments, and auditor-related decisions.
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25Jul 25
AksharChem Reports Rs 71.10 Lakh Profit, Approves Key Reappointments
AksharChem (India) Limited reported a profit of Rs 71.10 lakhs for Q1, down from Rs 115.16 lakhs year-over-year. Revenue from operations increased to Rs 9,696.23 lakhs. The board approved reappointment of Mrs. Paru M. Jaykrishna as Chairperson & Managing Director for 2026-2029, and Mr. Bipin L. Makwana as Secretarial Auditor for 2025-2030. The company processed insurance claims for a previous fire incident, resulting in no net impact on financials.
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AksharChem
198.50
-1.74
(-0.87%)
1 Year Returns:-16.63%
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