DAICHIBSEDai-Ichi Karkaria Ltd-$HighNeutral
Announced Fri, 6 Feb · 18:29 IST

Enclosed herewith Un-Audited Standalone and Consolidated Financial Results for the quarter and nine months ended 31st December 2025

Revenue DeclinePat NegativeExceptional ItemEbitda Margin CompressionResults View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Dai-Ichi Karkaria reported weak Q3 FY26 results, with standalone revenue from operations falling to Rs 3,781 lakhs from Rs 4,071 lakhs in Q3 FY25, a year-on-year decline of about 7%. The company slipped into a standalone loss of Rs 150 lakhs in Q3 FY26 compared to a profit of Rs 191 lakhs in the year-ago quarter. For the nine months ended December 2025, standalone revenue grew modestly to Rs 12,005 lakhs (from Rs 11,132 lakhs), but profit after tax fell sharply to Rs 35 lakhs from Rs 127 lakhs. On a consolidated basis, the company reported a loss of Rs 83 lakhs for 9M FY26 versus a profit of Rs 282 lakhs a year earlier, with the joint venture (ChampionX Dai-Ichi) contributing Rs 152 lakhs. A one-time impact of Rs 20 lakhs from India's new Labour Codes was shown as an exceptional item. Statutory auditors BS R & Co. LLP issued an unmodified limited review opinion on both standalone and consolidated results.

Likely market impact

The sequential revenue dip and swing to a quarterly loss signal operating pressure on the specialty chemicals business, though the joint venture continues to provide a cushion. Investors should watch for margin recovery in Q4 and clarity on any one-time labour code costs, as the 9M consolidated loss versus prior year profit is a negative signal.