Fairchem Organics Limited has informed the Exchange about General Updates
FAIRCHEMOR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Fairchem Organics reported audited FY26 results with revenue of Rs 4,596 Lakhs, down 14.6% from Rs 5,379 Lakhs in FY25. Profit before tax fell significantly to Rs 732 Lakhs from Rs 2,992 Lakhs, while PAT dropped to Rs 554 Lakhs from Rs 2,197 Lakhs. The company completed a share buyback of 4,25,000 shares at Rs 800 per share (Rs 34 Crores total) in January 2026. An exceptional charge of Rs 88.27 Lakhs was recorded due to new Labour Codes implementation. The board recommended a 10% dividend (Rs 1 per share) and proposed re-appointing Sudhin Choksey as Independent Director for another 5-year term. Statutory auditors B S R and Co issued an unmodified (clean) opinion. The 7th AGM is scheduled for July 27, 2026.
The sharp decline in profitability despite lower revenue and the completed buyback reducing share capital signals financial challenges. The modest Rs 1 dividend provides some return to shareholders, while the clean audit opinion confirms reliable financials. Investors should monitor the company's turnaround plan given the 75% profit decline.