Manufactures and sells Optical Brightening Agents (OBA) and other specialty chemicals. FY26 revenue from operations stood at Rs 1,334.75 lakhs, up 78% from Rs 749.84 lakhs in FY25 on higher sales volumes in the OBA and chemicals business. Despite the revenue jump, the company posted a net loss of Rs 214.07 lakhs as expenses outpaced sales, with materials accounting for 73.3% of revenue, employee costs 12.9%, and other operating expenses 28.9%. The company prepared consolidated financial statements for the first time in FY26 after incorporating a new subsidiary, Mikusu Global Industries Limited, in August 2025. Total assets are Rs 9.417 crore with no outstanding borrowings. Operating cash flow turned positive at Rs 54.72 lakhs in FY26, mainly from trade receivables collection, while other equity shrank to Rs 73.77 lakhs from Rs 285.22 lakhs the prior year on accumulated losses. AR · MarketPing reader · 2026-08-03
Revenue streams, as the annual report describes them. OBA (Optical Brightening Agents) and chemicals. Small specialty chemicals manufacturer, loss-making, debt-free
| ₹ crore · consolidated | FY26 |
|---|---|
| Revenue | 13 |
| EBITDA (ex other income) | (2) |
| margin % | (14.5) |
| Owners' profit | (2) |
| EPS, as reported (₹) | 3.69 |
| ROE % · ROCE % | (32.7) · (30.3) |
| Debt / equity (x) | 0.00 |
| Cash from operations | — |
| Capex | — |
| ₹ crore | Q3 FY26 | Q4 FY26 |
|---|---|---|
| Revenue | 1 | 2 |
| Profit before tax | (0) | (1) |
| Net profit | (0) | (1) |
| EPS (₹) | 0.63 | 1.54 |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| PIDILITE INDUSTRIES LTD | 1,59,479 | 60.2 | 14.43 | 42.3 | 22.4 | 28.0 | 14.9 | 28.6 |
| SRF LTD | 73,583 | 34.0 | 5.24 | 22.7 | 13.1 | 13.1 | 13.4 | 25.2 |
| GUJARAT FLUOROCHEM LTD | 52,514 | 85.7 | 6.64 | 41.5 | 7.3 | 8.7 | 13.5 | 27.7 |
| NAVIN FLUORINE INT. LTD | 43,836 | 55.4 | 11.03 | 39.5 | 16.7 | 16.4 | 23.0 | 37.5 |
| AETHER INDUSTRIES LIMITED | 22,229 | 94.3 | 9.05 | 60.4 | 8.9 | 11.4 | — | 33.8 |
| DEEPAK NITRITE LTD | 21,769 | 27.8 | 3.71 | 22.4 | 9.4 | 10.2 | 12.6 | 21.5 |
| ATUL LTD | 18,401 | 23.1 | 2.92 | 14.9 | 10.9 | 13.3 | 10.9 | 23.1 |
| AARTI INDUSTRIES LTD | 17,846 |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 28 Aug 2026 · Newspaper publication of notice for 34th AGM on Sept 22, 2026 | compliance | minimal | — | — |
| 27 Aug 2026 · AGM Notice and Annual Report Web Link Sent to Shareholders | compliance | minimal | — | — |
| 27 Aug 2026 · Book closure from Sep 16 to Sep 22 for 34th AGM | corporate actions | low | — | — |
| 27 Aug 2026 · Notice of 34th AGM and Annual Report for FY 2025-26 | board shareholder meetings | medium | — | — |
| 27 Aug 2026 · Notice of 34th AGM to be held on September 22, 2026 | board shareholder meetings | low | — | — |
| 26 Aug 2026 · Daikaffil Chemicals 34th AGM notice published in newspapers | compliance | minimal | — | — |
| 17 Aug 2026 · Daikaffil Chemicals posts Q1 FY27 loss; results published in newspapers | compliance | minimal | — | — |
| 14 Aug 2026 · Daikaffil Chemicals Q1 loss at Rs 62.73 lakh, revenue drops 73 percent | results | high | — | — |
| 14 Aug 2026 · Daikaffil Chemicals Q1 FY27: Revenue Down 73%, Swings to Net Loss | results | high | — | — |
| 5 Aug 2026 · Board meeting on Aug 14, 2026 to approve Q1 FY27 results | results | low | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| 33.6 |
| 3.00 |
| 18.8 |
| 7.0 |
| 4.4 |
| 13.0 |
| 16.2 |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 21.4 | 23.4 | 46 of 103 | 56% |
| P/B | 4.1 | 2.9 | 67 of 99 | 33% |
| ROCE | (30.4) | 10.3 | 107 of 108 | 1% |
| ROE | (32.7) | 8.1 | 100 of 101 | 1% |
| Debt / Equity | 0.0 | 0.2 | 3 of 101 | 84% |
| EBITDA margin | (42.4) | 15.5 | 99 of 99 | 0% |
| Market cap | 28 | 732 | 100 of 107 | 7% |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
