Q2 FY26 Results: Revenue up 11.5% YoY, H1 PAT jumps 38%
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On the reaction day the stock moved 3.1 pts less than Nifty Microcap 250 and 2.6 pts less than its Pesticides & Agrochemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Board approved unaudited results for Q2 and H1 FY26 (ended Sept 30, 2025). Q2 revenue rose 11.5% YoY to Rs 347.26 crore but PAT fell to Rs 17.33 crore from Rs 21.03 crore. H1 revenue grew 26% to Rs 714.65 crore and PAT jumped 38% to Rs 49.92 crore. H1 EPS stood at Rs 14.77 vs Rs 10.68 last year. First consolidated results after adding subsidiary DCGL Industries. Plans underway for a Brazil subsidiary.
Strong H1 growth in revenue and profit signals momentum, though Q2 sequential profit decline may temper sentiment. Brazil expansion is a long-term positive.