DIAMINESQBSEDiamines & Chemicals Ltd-$HighNeutral
Announced Mon, 18 May · 15:36 IST

Outcome of Board Meeting

Revenue DeclinePat NegativeNegative Operating CashflowResults View source PDF

DIAMINESQ · price

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

Price reaction · full curve 14 horizons · vs prior close
-12.1%1-day move
₹285.00
prior close
₹272.50
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.8-1.1-1.2-1.0-12.1-13.0-11.9-13.7-11.6-12.6-12.7-15.1-13.0
Up moveDown movePending
AI summary

The Board approved audited financial results for FY2026 ending March 31, 2026. Standalone revenue fell sharply to ₹3,845.77 lakhs from ₹7,139.29 lakhs in FY2025, a decline of about 46%. The company swung to a net loss of ₹1,252.35 lakhs compared to a profit of ₹631.24 lakhs the previous year. Consolidated loss was ₹1,395.70 lakhs. EPS turned negative at ₹-11.35 (standalone) and ₹-13.06 (consolidated). Operating cash flow was negative at ₹-1,176.53 lakhs, down from ₹-574.86 lakhs. The board also reappointed two directors and appointed new cost, internal, and tax auditors for FY2026-27.

Likely market impact

The steep revenue decline and significant losses indicate serious financial stress for the company. Shareholders should be cautious as the stock may face pressure due to the turnaround in profitability and negative cash generation.