Bhagiradha Chemicals & Industries Provides ₹30 Crore Guarantee for Subsidiary Bheema Fine Chemicals
Bhagiradha Chemicals & Industries has provided a corporate guarantee of ₹30 crore in favour of its subsidiary, Bheema Fine Chemicals. The guarantee reflects the parent company's financial support for its subsidiary. No further details on the purpose or tenure of the guarantee were available in the source data.
Bhagiradha Chemicals & Industries reported a 11% year-over-year revenue increase to Rs. 123.80 crores in Q1 FY26. However, EBITDA declined by 25% to Rs. 9.00 crores, and PAT decreased by 30% to Rs. 4.00 crores due to pricing pressures and increased costs. The company maintains a strong export focus with 97% of revenue from international markets. A significant capacity expansion plan is underway, with Phase I expected to be operational by September 2025. The company introduced Pinoxaden, a new herbicide product, and targets 5x revenue growth over the next 6-7 years through innovation, backward integration, and capacity expansion.
12Aug 25
Bhagiradha Chemicals Reports 11.7% Revenue Growth in Q1, Converts ₹367.53 Crore Subsidiary Loan to Equity
Bhagiradha Chemicals & Industries reported a 11.7% increase in Q1 revenue to ₹123.78 crore and a 14.6% rise in net profit to ₹8.29 crore. The company converted a ₹367.53 crore loan to its subsidiary, Bheema Fine Chemicals, into equity shares. It adopted a reduced corporate tax rate of 22%, resulting in a ₹3.08 crore deferred tax liability reduction. The company raised ₹341.18 crore through preferential issue of convertible warrants, primarily for funding a new manufacturing unit and working capital requirements.
07Aug 25
Bhagiradha Chemicals Secures Exchange Approval for Promoter Group Reclassification
Bhagiradha Chemicals & Industries has received approval from BSE and NSE to reclassify three individuals from 'Promoter Group' to 'Public' category. The reclassification involves T Kalyan Chakravarthi, Potini Vijaya Lakshmi, and Ramalakshmi Tulasi Padmavathy Kolli, who collectively hold 189,740 shares (0.15% of total shareholding). The approval process, initiated on May 29, 2025, was completed on August 07, 2025, in compliance with SEBI regulations.
28May 25
Bhagiradha Chemicals Q4 Results: EBITDA and Net Profit Decline Amid Revenue Growth
Bhagiradha Chemicals' Q4 results show revenue growth of 9% to ₹1.20 billion, but profitability declined. EBITDA fell 48.6% to ₹72.00 million, with EBITDA margin contracting from 12.64% to 5.90%. Net profit decreased by 35.8% year-over-year to ₹52.00 million. The company faces challenges in maintaining profitability despite revenue growth.