Sudarshan Chemical Industries approved its Unaudited Financial Results for Q3 FY26 (ended December 31, 2025), both standalone and consolidated. The Board also sanctioned the renewal of a Corporate Guarantee for its subsidiary, Sudarshan Europe B.V., up to EURO 6 Million to secure working capital facilities. The standalone net profit for the quarter stood at ₹22.5 crore. The company also announced the reopening of the trading window on February 15, 2026.
Board Meeting Outcome and Financial Results
The Board of Directors of Sudarshan Chemical Industries Limited met on Thursday, February 12, 2026, to transact key businesses. The primary action was the approval of the Unaudited Financial Results for the quarter and nine months ended December 31, 2025, along with the Limited Review Report from the statutory auditors.
Standalone Financial Highlights (Q3 FY26 vs Q3 FY25)
The standalone performance showed a notable recovery for the quarter ended December 31, 2025:
- Revenue from operations reached ₹550.3 crore, compared to ₹574.8 crore in the corresponding quarter last year.
- Profit for the period (PAT) was ₹22.5 crore, a significant increase from ₹16.1 crore in Q3 FY25.
- Earnings Per Share (after exceptional items) stood at ₹2.9 per share, up from ₹2.3 per share year-over-year.
Consolidated Financial Trends (Q3 FY26 vs Q3 FY25)
The consolidated results reflect the impact of significant events, including the Heubach acquisition:
- Total income for the quarter was ₹2,117.2 crore, compared to ₹666.4 crore in Q3 FY25.
- The Group reported a Net Loss for the period of (₹116.0 crore), largely influenced by exceptional items and deferred tax movements associated with the acquisition, compared to a profit of ₹0.5 crore in Q3 FY25.
- The consolidation heavily featured a provisional Bargain Purchase Gain of ₹1,243.9 crore recognized in Other Comprehensive Income, related to the acquisition of the Heubach Group.
Corporate Guarantee Renewal Approved
The Board approved the renewal of a Corporate Guarantee provided to The Hongkong and Shanghai Banking Corporation Limited. This guarantee is provided on behalf of the Wholly Owned Subsidiary, Sudarshan Europe B.V., for an amount not exceeding EURO 6 Million. This facility is intended to secure Revolving Credit Facility (Working Capital) for the subsidiary. The impact on the listed entity will be disclosed as a contingent liability in the standalone financial statements.
Segment Performance Overview
The analysis of the “Pigments” segment, which constitutes the majority of operations, shows:
- Segment Revenue for Q3 FY26 was ₹2,052.2 crore.
- EBITDA for the quarter was robust at ₹39.8 crore.
Segment Assets for Pigments stood at ₹9,620.4 crore as of the reporting date.
Trading Window Information
The company confirmed that the trading window for dealing in its securities will reopen on Sunday, February 15, 2026. This reopening occurs forty-eight hours after the declaration of the Unaudited Financial Results.
Source: BSE
