FAIRCHEMORNSEFairchem Organics LimitedMediumNeutral
Announced Wed, 6 May · 15:34 IST

Fairchem Organics Limited has informed the Exchange regarding Change in Director(s) of the company.

Management Changes View source PDF

FAIRCHEMOR · price

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Price reaction · full curve 14 horizons · vs prior close
-3.6%1-day move
₹640.00
prior close
₹639.60
base price
After-mkt
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AI summary

Fairchem Organics reported FY2026 audited results with revenue of Rs 459.65 crore (down from Rs 537.90 crore in FY25) and net profit of Rs 5.54 crore (vs Rs 21.97 crore in FY25), reflecting significantly lower profitability. The auditors (B S R and Co) issued an unmodified opinion. The Board recommended a dividend of Rs 1 per share (10%). Additionally, the Board approved the re-appointment of Shri Sudhin Choksey as Independent Director for a second term of 5 years (Feb 2027 to Feb 2032), subject to shareholder approval at the 7th AGM on July 27, 2026. The company also completed a share buyback of 4.25 lakh shares at Rs 800 each in January 2026. An exceptional item of Rs 88.27 lakh was recorded due to new labour code implementation.

Likely market impact

Declining profitability and revenue compared to prior year may concern investors, though the dividend and buyback signal shareholder-friendly capital management. The re-appointment of an experienced independent director is routine governance. No immediate stock impact expected from these disclosures.