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Vinyl Chemicals Shareholders Approve Two New Director Appointments with 99.9% Majority
Vinyl Chemicals (India) Limited has successfully passed two resolutions via postal ballot for board appointments. Shareholders approved the appointment of Shri Kavinder Singh as a Non-Executive Director and Ms. Gira Sardesai as an Independent Director. Both resolutions received overwhelming support, with 99.96% of the votes cast in favor. The voting process concluded on March 5, 2026, with a total of 9,324,543 votes polled, representing approximately 50.85% of the company's outstanding shares.
Key Highlights
Appointment of Shri Kavinder Singh as Non-Executive Director approved with 99.9674% votes in favor.
Appointment of Ms. Gira Sardesai as Independent Director approved via special resolution with 99.9674% support.
Total votes polled amounted to 9,324,543, representing 50.85% of the total share capital.
Promoter group cast 9,223,003 votes, all of which were 100% in favor of both resolutions.
The resolutions are deemed approved as of the last date of e-voting, March 5, 2026.
💼 Action for Investors
No immediate action is required as these are standard board appointments. Investors should note the high level of shareholder consensus which indicates stability in the company's governance.
Vinyl Chemicals Q3 FY26 Revenue Up 15.8% YoY to ₹169 Cr; Net Profit Declines 9.8% to ₹4.52 Cr
Vinyl Chemicals (India) Limited reported a 15.8% YoY growth in revenue from operations to ₹169.48 crore for the quarter ended December 2025. However, net profit for the quarter saw a 9.8% YoY decline to ₹4.52 crore, largely due to a one-time impact of ₹1.85 crore related to the implementation of new Labour Codes. On a sequential basis, the company showed strong recovery with profit rising 57% from ₹2.88 crore in Q2 FY26. The 9-month net profit remains lower at ₹11.85 crore compared to ₹15.06 crore in the previous year.
Key Highlights
Revenue from operations increased 15.8% YoY to ₹169.48 crore in Q3 FY26.
Net profit for the quarter stood at ₹4.52 crore, down from ₹5.01 crore in Q3 FY25.
Employee benefit expenses included a ₹1.85 crore incremental impact from new Labour Code regulations.
9-month total income rose to ₹480.44 crore, up from ₹457.19 crore in the prior year period.
Basic EPS for the quarter was ₹2.47, compared to ₹2.74 in the same period last year.
💼 Action for Investors
Investors should note that the profit dip was partially due to a one-time regulatory adjustment in employee benefits; focus should remain on VAM trading margins and volume growth in upcoming quarters.
Vinyl Chemicals Q3 PAT Rises 57% QoQ to ₹4.52 Cr; Revenue Up 16% YoY
Vinyl Chemicals (India) Limited reported a strong sequential recovery in Q3 FY26, with revenue from operations growing 11.6% QoQ to ₹169.48 crore. Net Profit increased significantly by 57% from the previous quarter to ₹4.52 crore, although it remains slightly lower than the ₹5.01 crore reported in Q3 FY25. The company's bottom line was impacted by a one-time incremental expense of approximately ₹1.85 crore related to the implementation of new Labour Codes. Despite this, the operational performance showed resilience in the chemical trading segment.
Key Highlights
Revenue from operations grew 15.8% YoY to ₹169.48 crore in Q3 FY26.
Net Profit (PAT) stood at ₹4.52 crore, a 57% jump from ₹2.88 crore in Q2 FY26.
Nine-month PAT declined to ₹11.85 crore compared to ₹15.06 crore in the previous year's corresponding period.
Employee benefit expenses included a ₹1.85 crore impact due to the notification of new Labour Codes.
Earnings Per Share (EPS) for the quarter improved to ₹2.47 from ₹1.58 in the preceding quarter.
💼 Action for Investors
Investors should focus on the strong sequential recovery in margins and revenue, which suggests improving demand in the chemical trading space. However, the year-on-year decline in nine-month profits warrants a cautious approach regarding long-term growth consistency.
Vinyl Chemicals Q3 PAT at ₹4.52 Cr; Revenue Grows 15.7% YoY to ₹169.48 Cr
Vinyl Chemicals (India) Limited reported a 15.7% YoY growth in revenue from operations, reaching ₹169.48 crore for the quarter ended December 31, 2025. While Net Profit declined 9.8% YoY to ₹4.52 crore, it showed a significant sequential recovery of 57% compared to the previous quarter. The bottom line was impacted by a one-time provision of approximately ₹1.85 crore related to the implementation of new Labour Codes. The company continues to operate as a single-segment entity focused on chemical trading.
Key Highlights
Revenue from operations increased to ₹169.48 crore, up from ₹146.40 crore in the same quarter last year.
Net Profit for the quarter stood at ₹4.52 crore, compared to ₹5.01 crore YoY and ₹2.88 crore QoQ.
Employee benefit expenses rose significantly to ₹3.34 crore due to a ₹1.85 crore one-time impact from new Labour Code regulations.
Nine-month PAT for FY26 stands at ₹11.85 crore, down from ₹15.06 crore in the corresponding period of the previous year.
Earnings Per Share (EPS) for the quarter was ₹2.47, a recovery from ₹1.58 in the preceding quarter.
💼 Action for Investors
Investors should monitor the sequential improvement in margins and revenue growth, while noting that the YoY profit dip was largely due to a one-time regulatory provision. The stock remains a stable play within the chemical trading space with close ties to the Pidilite ecosystem.
Vinyl Chemicals Appoints Kavinder Singh and Gira Sardesai to Board of Directors
Vinyl Chemicals (India) Ltd has appointed Kavinder Singh and Gira Sardesai as Additional Directors effective February 2, 2026. Kavinder Singh, the current Joint MD of Pidilite Industries, brings 38 years of leadership experience from ITC, Asian Paints, and Mahindra Group. Gira Sardesai, a CA and CPA with 35 years of experience, joins as an Independent Director after serving as Finance Director at Johnson & Johnson. These appointments strengthen the board with significant expertise in FMCG, hospitality, and global finance.
Key Highlights
Kavinder Singh appointed as Non-Executive Director bringing 38 years of experience in FMCG and hospitality.
Gira Sardesai appointed as Independent Director for a 5-year term with 35 years of global financial expertise.
Kavinder Singh currently serves as Joint Managing Director of Pidilite Industries Limited.
Gira Sardesai is a dual-qualified CA and CPA with previous leadership roles at Johnson & Johnson and ICICI Bank.
💼 Action for Investors
Investors should view these high-caliber appointments as a positive step for corporate governance and strategic oversight. The inclusion of a top Pidilite executive reinforces the strong operational links between the two entities.
Vinyl Chemicals Appoints Kavinder Singh and Gira Sardesai to Board of Directors
Vinyl Chemicals (India) Limited has announced the appointment of two seasoned professionals to its Board of Directors effective February 2, 2026. Shri Kavinder Singh, the current Joint Managing Director of Pidilite Industries with 38 years of experience, joins as a Non-Executive Director. Ms. Gira Sardesai, a Chartered Accountant with over 35 years of global finance experience including roles at Johnson & Johnson, joins as an Independent Director for a five-year term. These appointments are expected to strengthen the company's strategic oversight and governance.
Key Highlights
Appointment of Shri Kavinder Singh, Joint MD of Pidilite Industries, as Non-Executive Director.
Appointment of Ms. Gira Sardesai as Independent Director for a 5-year term starting February 2, 2026.
Combined professional experience of over 73 years across FMCG, hospitality, and international finance.
Ms. Sardesai brings extensive global expertise from previous roles at Johnson & Johnson and British Petroleum.
💼 Action for Investors
Investors should view these high-caliber appointments as a positive move for corporate governance and strategic alignment with the Pidilite group. No immediate action is required, but the strengthened board is a long-term positive.
Vinyl Chemicals (India) Reports Q3 and Nine Months Ended December 2025 Results
Vinyl Chemicals (India) Limited has released its unaudited financial results for the third quarter and nine-month period ending December 31, 2025. The Board of Directors approved the results in a meeting held on January 20, 2026, which included a Limited Review Report from statutory auditors. As a key trader of Vinyl Acetate Monomer (VAM), these results provide insight into the current demand and pricing environment within the chemical sector. Investors should examine the full financial statement for specific revenue and margin trends compared to previous periods.
Key Highlights
Board approved unaudited financial results for the quarter and nine months ended December 31, 2025.
Statutory Auditors M/s. Mehul Gada & Associates issued a Limited Review Report on the results.
The Board meeting was conducted on January 20, 2026, between 12:00 noon and 1:18 p.m.
Submission made in compliance with Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
💼 Action for Investors
Investors should review the detailed profit and loss statement to assess trading margins and volume growth in the VAM segment. Compare the results against historical performance to determine if the company is maintaining its operational efficiency.