Unaudited Standalone Financial Results for the quarter ended 30th June, 2025

Qualified audit opinionRevenue growth above 20%Profit growth above 25%EBITDA margin expansionExceptional itemRelated-party transactionsResults View source PDF Explain this filing

SUDARCOLOR · price

Loading chart…

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

Price reactionminutes from the announcement price · days from the prior close

+0.8%Reaction day

₹590.60

prior close

₹604.90

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used+0.0%+0.7% vs market

Dyes And Pigments peers, median of 8sector+0.1%+0.7% vs sector

On the reaction day the stock moved 0.7 pts more than Nifty Microcap 250 and 0.7 pts more than its Dyes And Pigments peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-1.1

10m

-0.5

15m

-1.4

30m

-1.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.8+0.0+0.7+0.1+0.7

Next day

+0.2+0.7-0.4-0.4+0.6

+0.1-0.1+0.3-0.8+0.9

+0.1+1.4-1.3-1.6+1.7

+0.1+2.6-2.5-2.0+2.0

+0.2+2.5-2.3-1.9+2.2

+0.1+2.2-2.2-2.1+2.2

15d

+0.6+1.9-1.3-3.8+4.4

+0.8+2.8-2.0-1.1+1.9

-11.5+1.2-12.7-0.4-11.1

-17.4+2.2-19.5-7.0-10.4

UpDownMarket · Nifty Microcap 250Sector · Dyes And Pigments peers, median of 8Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Heubach Colorants India Limited (formerly associated with Sudarshan Colorants) reported strong Q1 FY26 results, with revenue from operations rising ~21.5% year-on-year to ₹21,072 lakhs (vs ₹17,338 lakhs in Q1 FY25). Net profit surged ~230% to ₹1,709 lakhs (vs ₹517 lakhs), and EPS more than tripled to ₹7.40 from ₹2.24. The auditor (M S K A & Associates) issued a limited review report with a qualified/modified conclusion, flagging an unresolved matter around unauthorized transfer of certain company assets (PPE) to related party Clariant India Pvt Ltd (CIPL) in a prior period, the financial impact of which is still under review. Separately, the board noted resignations of Independent Director Amitabha Mukhopadhyay and Executive Director Jugal Sahu (who continues as CFO), along with the exit of Head of Operations Abhijit Naik. The company, now under the control of Sudarshan Chemical Industries via the Sudarshan Europe BV acquisition, is also dealing with a ₹10.32 crore insurance claim related to a January 2025 warehouse fire at its Roha plant.

Likely market impact

The headline numbers are strong and likely to be viewed positively by investors, but the qualified auditor opinion and lingering related-party asset issue introduce governance overhang. Multiple board-level resignations around the same date may also raise short-term governance questions, though the CFO continuity provides some stability.