Sudarshan Chemical Industries announced the results of its Board meeting held on February 12, 2026. The Board approved the Unaudited Financial Results (Standalone and Consolidated) for the quarter and nine months ended December 31, 2025. Furthermore, the renewal of a Corporate Guarantee of EURO 6 Million was sanctioned in favor of its subsidiary, Sudarshan Europe B.V., securing working capital facilities.
Board Meeting Outcomes: February 12, 2026
The Board of Directors of Sudarshan Chemical Industries Limited convened on Thursday, February 12, 2026, to transact key business items. The meeting commenced at 04:00 p.m. (IST) and concluded at 6:00 p.m. (IST).
Unaudited Financial Results Approval
The Board formally approved the Unaudited Financial Results (Standalone and Consolidated) for the quarter and the nine months ending December 31, 2025. These results were presented along with the Limited Review Report issued by the Statutory Auditors, M/s. SRBC & CO LLP.
Standalone Performance Snapshot (Q3 FY26 vs Q3 FY25)
Key figures from the Standalone results show:
- Revenue from operations: ₹550.3 Crore (Q3 FY26) compared to ₹574.8 Crore (Q3 FY25).
- Profit for the period/year: ₹22.5 Crore (Q3 FY26) compared to ₹16.1 Crore (Q3 FY25).
- Earnings Per Share (After exceptional items): ₹2.9 (Basic) for Q3 FY26.
Consolidated Performance Snapshot (Q3 FY26 vs Q3 FY25)
The Consolidated results indicate:
- Total Income: ₹2,117.2 Crore (Q3 FY26) compared to ₹670.9 Crore (Q3 FY25).
- Total Comprehensive Loss for the period/year: ₹134.2 Crore (Q3 FY26) compared to a total comprehensive income of ₹0.0 Crore (Q3 FY25).
- (Loss) / Profit before tax: A loss of ₹(122.8) Crore (Q3 FY26) compared to a profit of ₹4.7 Crore (Q3 FY25).
Renewal of Corporate Guarantee
The Board approved the renewal of a Corporate Guarantee provided to The Hongkong and Shanghai Banking Corporation Limited. This guarantee is issued on behalf of Sudarshan Europe B.V., a Wholly Owned Subsidiary.
- Maximum Amount: Not exceeding EURO 6 Million.
- Purpose: Securing the Revolving Credit Facility (Working Capital) for Sudarshan Europe B.V.
- Impact: The guarantee will be disclosed as a contingent liability in the standalone financial statements of the listed entity.
Segment Results (Consolidated)
Performance was assessed based on the EBITDA for the reporting segments:
- Pigments Segment Revenue: ₹2,052.2 Crore for Q3 FY26.
- Pigments Segment EBITDA: ₹39.8 Crore for Q3 FY26, compared to ₹79.0 Crore in Q3 FY25.
- Others Segment EBITDA: A loss of ₹(1.1) Crore for Q3 FY26.
The results for Q3 FY26 reflect the impact of the Heubach Group acquisition completed on March 3, 2025, making comparisons with previous periods challenging.
Trading Window Closure Update
The trading window for dealing in the Company’s securities will reopen on Sunday, February 15, 2026, which is forty-eight hours after the declaration of the financial results.
Source: BSE
