The Board at its meeting held today i.e., May 29, 2026 has approved the Audited Financial results for the financial year ended March 31, 2026
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Deepak Chemtex Limited reported audited financial results for FY2026 with significant declines. Standalone revenue from operations fell to Rs 5,349.61 lakhs from Rs 6,799.68 lakhs in FY2025 (down about 21%). Profit after tax (PAT) declined to Rs 659.26 lakhs from Rs 1,006.85 lakhs (down 35%). On a consolidated basis, revenue fell to Rs 6,763.87 lakhs from Rs 7,944.51 lakhs (down 15%), while consolidated PAT dropped to Rs 846.88 lakhs from Rs 1,235.83 lakhs (down 31%). The statutory auditors (Mittal & Associates) issued unmodified (clean) opinions on both standalone and consolidated financial statements, confirming no material misstatements or going concern issues. The company has 3 subsidiaries including 1 foreign subsidiary.
The significant revenue and profit decline of over 20% will likely be viewed negatively by investors as it indicates deteriorating business performance. The clean audit opinions provide assurance on financial reporting quality, but the earnings contraction is a concern.