In the Board Meeting held today i.e 13th May, 2026, The Board approved Re-appointment of M/s. Madhavan, Mohan & Associates, Cost Accountants as Cost Auditors and M/s. Brahmayya & Co, Chartered ....
CHEMFAB · price
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Chemfab Alkalis reported FY2026 standalone net profit of Rs. 750.59 Lakhs, a steep 50.7% decline from Rs. 1,522.42 Lakhs in FY2025, while consolidated results show a net loss of Rs. 342.65 Lakhs compared to a loss of Rs. 694.03 Lakhs in the prior year. Standalone revenue from operations fell to Rs. 28,856.60 Lakhs from Rs. 32,209.05 Lakhs, marking a 10.4% decline. The company declared a final dividend of Rs. 1.25 per share (12.50%). Deloitte Haskins & Sells LLP issued an unmodified opinion on the audited results. The board reappointed M/s. Madhavan, Mohan & Associates as Cost Auditors and appointed M/s. Brahmayya & Co as Internal Auditors for FY2026-27.
The sharp decline in standalone profit (down ~51%) and consolidated net loss indicate significant headwinds, likely from the PVC-O Pipes segment and challenging chemical industry conditions. Despite the dividend declaration providing some shareholder return, the weak earnings trajectory may weigh on the stock price near-term.