BSEChemkart India LtdLowNeutral
Announced Mon, 18 May · 21:45 IST

Appointment of Internal Auditor for FY 2026-27.

Price

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Price reaction · full curve 14 horizons · vs prior close
-3.6%1-day move
₹142.00
prior close
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-3.6-5.6-6.3-8.5-10.6-9.5-5.6-4.9+39.4
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AI summary

Chemkart India Limited reported audited standalone revenue of Rs. 11,050.78 lakh and PBT of Rs. 1,367.67 lakh for H2 FY26. Consolidated full-year revenue grew to Rs. 21,482.91 lakh from Rs. 20,327.85 lakh in FY25. The company completed its IPO of Rs. 6,448 lakh in July 2025, with net worth rising to Rs. 12,972.98 lakh (from Rs. 5,328.22 lakh). Total assets stood at Rs. 15,671.06 lakh with cash reserves of Rs. 3,864.54 lakh. The Board appointed M/s Vinay Bhushan & Associates as Internal Auditor for FY 2026-27 and M/s Nirmal Tiwari & Associates as Secretarial Auditor for FY 2025-26. Auditors issued an unmodified opinion. Key risk note: Rs. 1,474.26 lakh custom duty paid is pending adjudication before customs authorities and has been shown as recoverable. Subsidiary ERMPL's JNPA SEZ manufacturing facility is progressing with civil works underway.

Likely market impact

Strong financial performance with revenue growth and significantly strengthened balance sheet post-IPO. Unmodified audit opinion provides credibility. Pending customs litigation of Rs. 1,474.26 lakh remains a watch item. Manufacturing facility expansion on track for future growth.