Bodal Chemicals Limited herewith submit outcome and Audited Financial Results for year ended 31st March 2026
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Bodal Chemicals reported consolidated revenue of Rs. 20,122.42 million for FY26, up 15% from Rs. 17,484.29 million in FY25. Profit after tax nearly doubled to Rs. 320.60 million from Rs. 151.89 million, representing over 111% PAT growth. The Board approved the sale of Unit I at Vatva, Ahmedabad (inoperative since 2024) at prevailing market rates. The company recognized Rs. 269.80 million as SGST incentive income under the Punjab Industrial Incentive Scheme. Assets held for sale include land at Unit XII Rajpura (Rs. 191.99 million book value) and Unit I assets (Rs. 62.96 million). The auditor issued an unmodified opinion, though an Emphasis of Matter was raised regarding the SGST incentive recognition. An exceptional item of Rs. 0.30 million relates to the settlement of a fire insurance claim.
Strong PAT growth and clean audit provide positive signals for shareholders. The disposal of non-core inoperative units and SGST incentive recognition boost earnings. However, the Emphasis of Matter on SGST incentives warrants monitoring as it involves management's judgment on revenue recognition.