Disclosure as Per Reg. 30 - Outcome of Board Meeting held on May 11, 2026.
SUDARCOLOR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sudarshan Colorants India Limited reported audited standalone financial results for FY2026 (year ended March 31, 2026). Revenue from operations declined to Rs 780.63 Crore from Rs 825.06 Crore in FY2025, a drop of about 5.4%. Net profit fell to Rs 44.53 Crore from Rs 51.45 Crore in the previous year, while EPS came in at Rs 19.29 versus Rs 22.29 in FY2025. The Board approved appointment of Mr. Nilkanth Natu as Chief Financial Officer (Interim) effective May 11, 2026, following the resignation of Mr. Jugal Sahu in March 2026. PricewaterhouseCoopers Services LLP was appointed as Internal Auditor for FY2026-27. Exceptional items included a net reversal of Rs 8.31 Crore related to revised labour code impact estimates, partly offset by the ongoing insurance claim for a warehouse fire incident in January 2025.
The company shows declining profitability year-on-year, though Q4 FY26 net profit of Rs 13.15 Crore was better than Q3's loss. The appointment of an experienced interim CFO and a Big Four firm as internal auditor may provide some confidence. Promoter holding increased to 70.25% following the open offer.