Consolidated Sep 2026 quarter revenue up 21.3% year on year; profit after tax nearly flat

Revenue growth above 20%EBITDA margin expansionNegative operating cash flowResults View source PDF Explain this filing

BHAGCHEM · price

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Price reactionminutes from the announcement price · days from the prior close

-7.3%Reaction day

₹203.00

prior close

₹194.52

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.3%-7.6% vs market

Pesticides & Agrochemicals peers, median of 28sector+0.0%-7.3% vs sector

On the reaction day the stock moved 7.6 pts less than Nifty Microcap 250 and 7.3 pts less than its Pesticides & Agrochemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-3.7

10m

-3.9

15m

-3.3

30m

-5.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-7.3+0.3-7.6+0.0-7.3

Next day

-3.4+2.4-5.9+1.5-4.9

-3.4+3.6-7.0+0.9-4.3

-3.0pendingpending+0.7-3.6

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15d

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UpDownMarket · Nifty Microcap 250Sector · Pesticides & Agrochemicals peers, median of 28Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

For the consolidated quarter ended September 30, 2026, revenue from operations rose 21.3% to Rs 16,991.59 lakh from Rs 14,009.72 lakh a year earlier, while profit after tax was Rs 540.79 lakh versus Rs 550.43 lakh. EBITDA margin rose to 13.4% from 10.7%. Consolidated operating cash flow for the six months ended September 30, 2026 was negative Rs 9,336.39 lakh. Board-approved results had an unmodified review; prior-period figures were recast.

Likely market impact

Shareholders may welcome revenue growth and margin gains, but flat profit after tax and heavy operating cash use could cap the stock.

By the numbersConsolidated · Q2 FY27 vs Q2 FY26

	Q2 FY27	Q2 FY26	Change
Revenue	₹169.9 Cr	₹140.1 Cr	+21.3%
Operating profit	₹6.07 Cr	₹7.04 Cr	−13.9%
Profit after tax	₹5.41 Cr	₹5.50 Cr	−1.8%
EBITDA margin	13.4%	10.8%	+2.6 pp

From the company's XBRL filing, not from the text above. Operating profit = profit before tax − exceptional items − other income. EBITDA = profit before tax + finance costs + depreciation − other income.