Diamines & Chemicals Limited has informed the Exchange regarding Outcome of Board Meeting held on May 18, 2026.
DIAMINESQ · price
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Diamines & Chemicals Limited reported a significant decline in financial performance for FY2025-26. Standalone revenue dropped to Rs 3,845.77 Lakhs from Rs 7,139.29 Lakhs in the previous year, representing a decline of approximately 46%. The company swung from a profit of Rs 448.73 Lakhs to a net loss of Rs 1,251.37 Lakhs. EBITDA turned negative at Rs (906.84) Lakhs due to lower revenues and higher provisions. Operating cash flow was negative at Rs (1,176.53) Lakhs. The Board also approved reappointments of Executive Director Tanmay Godiawala and Non-Executive Director Rajendra Chhabra, along with auditor appointments for FY2026-27.
The stock is likely to face significant negative sentiment due to near-halving of revenue and transition to heavy losses. Negative operating cash flow and high doubtful receivables provision (Rs 568.95 Lakhs) raise concerns about working capital management and asset quality.