CHEMCRUX ENTERPRISES LTD.

Manufactures specialty chemicals from India, with operating activity concentrated through wholly-owned subsidiary Kalichem Private Limited, which runs a manufacturing facility in Vadodara, Gujarat. Kalichem commenced commercial production in November 2024 and became a wholly-owned subsidiary in February 2025. In May 2026, Kalichem filed a Consent to Establish amendment with the Gujarat Pollution Control Board to add various inorganic chemicals to the Vadodara plant as part of a diversification into the inorganic chemicals sector. The parent has also incorporated a non-profit Section 8 subsidiary, Chemcrux Foundation, to handle CSR activities. In FY26, standalone revenue from operations was Rs 8,257.92 lakh (up 17.5% YoY from Rs 7,025.39 lakh), with standalone profit after tax of Rs 544.97 lakh (up 30.1% YoY). Consolidated FY26 revenue was Rs 8,064.64 lakh with consolidated PAT of Rs 373.08 lakh, lower than standalone because of losses at the Kalichem subsidiary. The Board recommended a 10% dividend (Rs 1 per equity share of Rs 10 face value), subject to shareholder approval. Raw materials are the largest cost line at 35.1% of revenue (Rs 28.33 crore), followed by other operating expenses at 33.9% (Rs 27.34 crore) and employee costs at 11.9% (Rs 9.63 crore). Depreciation was 5.9% of revenue and capex for the year was Rs 5.15 crore.