Chemicals: Q1 FY27 results (April-June 2026)

83 companies have declared Chemicals Q1 FY27 results so far, the latest on 14 Aug 2026.

Across the 83 non-financial companies with a year-ago quarter to compare, sales grew +25.3% and net profit +46.5% year on year, and the combined operating margin widened 300 bps to 17.9%.

80% of companies grew net profit; 3 turned a loss into a profit; 69% beat their own profit trend and 17% fell short of it.

Updated 12 Oct 2026, 14:33 IST 83 declared 112 due in the next 3 days →

Chemicals Q1 FY27 scoreboard

Sales growth
+25.3%
YoY, 83 companies combined; median +22.3%
Net profit growth
+46.5%
YoY combined; median +60.1%
Operating margin
17.9%
+300 bps YoY
Grew profit
80%
3 turnarounds, 2 into loss
Vs own profit trend
69% / 17%
above / below, 14% in line
Price since results
-2.7%
median; 42% of 74 stocks up
Other-income heavy
11
25%+ of pre-tax profit from other income & one-offs

11 matching results 11

Ambica Agarbathies & Aroma industries Limited

AMBICAAGAR · Chemicals · Q1 FY27 · Standalone · Filed
M Cap
₹39.0 Cr
P/E
11.5
PEG
1.05
Since results
-2.8%
  • Operating margin expanded 256 bps YoY
  • All of pre-tax profit came from other income or one-off items
  • Operating cash flow was negative in FY26 despite a profit
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales -18.2%+10.7% 24.622.330.1
Operating profit +2.2%+60.3% 3.22.03.1
OPM % +256 bps+397 bps 12.8%8.8%10.3%
Other income +13.9%-41.5% 2.03.41.7
Net profit -3.0%+34.8% 1.10.81.1
PAT margin % +70 bps+80 bps 4.5%3.7%3.8%
EPS (₹) -3.0%+33.3% 0.640.480.66

Quality of profit

Pre-tax profit ₹1.5 Cr: core business −₹0.5 Cr, other income ₹2.0 Cr.

Core profit YoY: loss widened · reported profit -3.0%

Cash & debt

FY26 cash from operations −₹7.0 Cr: -203% of FY26 net profit of ₹3.5 Cr.

Borrowings ₹96.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹35.3₹24.6 -30.2% below
Net profit₹1.2₹1.1 -4.7% in line
AI read of the filing Ambica Agarbathies Q1 PAT at Rs 1.11 Cr; Operational Revenue Down 18.2% YoY to Rs 24.65 Cr Neutral
  • Revenue from operations fell 18.2% YoY to Rs 24.65 Cr (Rs 2,464.96 Lakhs) compared to Rs 30.14 Cr in Q1 FY26.
  • Net profit (PAT) stood at Rs 1.11 Cr (Rs 110.53 Lakhs) vs Rs 1.14 Cr in Q1 FY26 and Rs 0.82 Cr in Q4 FY26.
  • Agarbathies division PBT increased to Rs 2.70 Cr (Rs 270.12 Lakhs) on segment revenue of Rs 18.53 Cr.
Full analysis →

Premier Explosives Limited

PREMEXPLN · Chemicals · Q1 FY27 · Consolidated · Filed
M Cap
₹3,695 Cr
P/E
109.9
PEG
1.22
Since results
+4.6%
  • Profit -90% below its own trend
  • Operating margin contracted 895 bps YoY
  • 43% of pre-tax profit came from other income and one-off items
  • Operating cash flow was negative in FY26 despite a profit
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales -27.8%+15.0% 10389.2142
Operating profit -71.8%from loss 5.9-0.420.9
OPM % -895 bps+616 bps 5.7%-0.4%14.7%
Other income -5.9%-86.1% 1.812.81.9
Net profit -79.9%-53.3% 3.16.615.3
PAT margin % -778 bps-438 bps 3.0%7.4%10.8%
EPS (₹) -80.1%-53.3% 0.571.222.86

Quality of profit

Core 57%Other income & one-offs 43%

Pre-tax profit ₹4.2 Cr: core business ₹2.4 Cr, other income ₹1.8 Cr.

Core profit YoY: -85.9% · reported profit -79.9%

Cash & debt

FY26 cash from operations −₹1.0 Cr: -2% of FY26 net profit of ₹45.9 Cr.

Borrowings ₹32.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹142₹103 -28.0% below
Net profit₹29.5₹3.1 -89.6% below
AI read of the filing 80% PAT Drop: Premier Explosives Q1 FY26 Net Profit Falls to ₹3.03 Cr; Revenue Down 28% YoY Negative
  • Revenue from operations decreased 27.8% YoY to ₹102.56 Cr in Q1 FY26.
  • Net profit plummeted 80.2% YoY to ₹3.03 Cr compared to ₹15.32 Cr in Q1 FY25.
  • Raw material costs as a percentage of revenue rose sharply to 76.3% from 49.9% YoY.
Full analysis →

Godrej Industries Limited

GODREJIND · Chemicals · Q1 FY27 · Consolidated · Filed
M Cap
₹33,193 Cr
P/E
15.0
PEG
1.07
Since results
-20.0%
  • Profit -36% below its own trend
  • Operating margin expanded 165 bps YoY
  • All of pre-tax profit came from other income or one-off items
  • Operating cash flow was negative in FY26 despite a profit
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales +22.2%-29.2% 5,4487,6944,460
Operating profit +44.9%-50.8% 5751,167397
OPM % +165 bps-462 bps 10.5%15.2%8.9%
Other income -27.6%+16.4% 9127841,259
Net profit -27.8%-37.8% 523841725
PAT margin % -666 bps-132 bps 9.6%10.9%16.3%

Quality of profit

Pre-tax profit ₹732 Cr: core business −₹304 Cr, other income ₹912 Cr, exceptional & other items ₹124 Cr.

Core profit YoY: loss widened · reported profit -27.8%

Cash & debt

FY26 cash from operations −₹8,855 Cr: -367% of FY26 net profit of ₹2,412 Cr.

Borrowings ₹51,564 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹4,676₹5,448 +16.5% above
Net profit₹820₹523 -36.2% below
AI read of the filing Godrej Industries Q1 Revenue Grows 22% YoY to ₹5,448 Cr; Pirojsha Godrej Named Chairperson Designate Positive
  • Consolidated revenue from operations stood at ₹5,448.09 Cr for the quarter ended June 30, 2026.
  • Real Estate segment assets reached ₹88,150.74 Cr, representing 65% of total segment assets.
  • Finance and Investments segment assets grew to ₹35,816.04 Cr, up from ₹23,813.23 Cr YoY.
Full analysis →

Platinum Industries Limited

PLATIND · Chemicals · Q1 FY27 · Consolidated · Filed
M Cap
₹1,124 Cr
P/E
23.0
PEG
2.09
Since results
-12.2%
  • 26% of pre-tax profit came from other income and one-off items
  • Operating cash flow was negative in FY26 despite a profit
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales -5.6%-17.5% 109132115
Operating profit -11.3%-12.2% 13.415.315.2
OPM % -80 bps+74 bps 12.3%11.6%13.1%
Other income -18.2%+13.2% 3.83.44.7
Net profit -14.9%-25.0% 11.114.813.1
PAT margin % -112 bps-103 bps 10.2%11.2%11.3%
EPS (₹) -12.5%-26.2% 2.032.752.32

Quality of profit

Core 74%Other income & one-offs 26%

Pre-tax profit ₹15.0 Cr: core business ₹11.1 Cr, other income ₹3.8 Cr.

Core profit YoY: -15.3% · reported profit -14.9%

Cash & debt

FY26 cash from operations −₹1.0 Cr: -2% of FY26 net profit of ₹50.9 Cr.

Borrowings ₹10.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹130₹109 -16.0% below
Net profit₹11.8₹11.1 -5.3% in line
AI read of the filing Platinum Industries Q1 FY27: Auditor Qualifies   9.82 Cr Insurance Claim; 78% IPO Funds Utilized Watch
  • Auditors issued a qualified conclusion regarding   9.82 Cr insurance claim receivable not yet acknowledged by the insurer.
  • Utilized   165.93 Cr of the   211.83 Cr net IPO proceeds for expansion and working capital.
  • Spent   12.45 Cr in Q1 FY27 on the Egypt manufacturing facility, with   36.77 Cr still unutilized for this project.
Full analysis →

GHCL Limited

GHCL · Chemicals · Q1 FY27 · Standalone · Filed
M Cap
₹3,541 Cr
P/E
7.5
PEG
—
Since results
-12.0%
  • Profit +78% above its own trend
  • Operating margin expanded 223 bps YoY
  • 30% of pre-tax profit came from other income and one-off items
  • Exceptional items of ₹-53.6 Cr in the quarter
  • Profit grew faster than the core business (core profit +7%)
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales -2.7%-2.1% 774791796
Operating profit +6.0%+18.7% 209176197
OPM % +223 bps+473 bps 27.0%22.3%24.7%
Other income -12.0%+31.9% 23.818.027.0
Net profit +31.8%+59.3% 191120145
PAT margin % +648 bps+952 bps 24.7%15.2%18.2%
EPS (₹) +39.6%+61.2% 21.0413.0515.07

Quality of profit

Core 70%Other income & one-offs 30%

Pre-tax profit ₹258 Cr: core business ₹180 Cr, other income ₹23.8 Cr, exceptional & other items ₹53.6 Cr.

Core profit YoY: +7.2% · reported profit +31.8%

Cash & debt

FY26 cash from operations ₹681 Cr: 142% of FY26 net profit of ₹479 Cr.

Borrowings ₹83.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹768₹774 +0.8% in line
Net profit₹107₹191 +78.4% above
AI read of the filing GHCL Q1FY27 Results: Board Approves Financials; Total Indebtedness at ₹167.68 Cr Neutral
  • Total financial indebtedness reported at ₹167.68 Cr as of June 30, 2026.
  • Zero defaults (₹0.00) on all bank loans and revolving credit facilities.
  • No deviations or variations reported in the utilization of funds from any public or rights issues.
Full analysis →

Chemfab Alkalis Limited

CHEMFAB · Chemicals · Q1 FY27 · Consolidated · Filed
M Cap
₹478 Cr
P/E
—
PEG
—
Since results
-13.2%
  • Operating margin expanded 150 bps YoY
  • 94% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit -96%)
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales -20.1%-2.2% 73.274.891.5
Operating profit -10.4%+18.9% 10.18.511.3
OPM % +150 bps+245 bps 13.8%11.4%12.3%
Other income +53.0%-25.6% 2.12.81.4
Net profit +124.9%— 5.70.52.5
PAT margin % +505 bps+719 bps 7.8%0.6%2.8%
EPS (₹) +125.4%— 3.990.331.77

Quality of profit

Core 6%Other income & one-offs 94%

Pre-tax profit ₹2.2 Cr: core business ₹0.1 Cr, other income ₹2.1 Cr.

Core profit YoY: -95.8% · reported profit +124.9%

Cash & debt

FY26 cash from operations ₹38.0 Cr.

Borrowings ₹126 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹79.9₹73.2 -8.4% below
AI read of the filing Chemfab Q1 Net Profit Falls 81% YoY to ₹0.48 Cr; PVC-O Pipe Revenue Drops 85% Negative
  • Consolidated Revenue from Operations decreased 20.1% YoY to ₹73.16 Cr.
  • PVC-O Pipes segment revenue saw a sharp contraction of 85% YoY, falling to ₹5.75 Cr.
  • Net Profit dropped 81.2% YoY to ₹0.48 Cr, despite a ₹3.80 Cr deferred tax credit.
Full analysis →

S H Kelkar and Company Limited

SHK · Chemicals · Q1 FY27 · Consolidated · Filed
M Cap
₹1,891 Cr
P/E
21.2
PEG
—
Since results
-4.2%
  • Profit +256% above its own trend
  • 44% of pre-tax profit came from other income and one-off items
  • Exceptional items of ₹29.9 Cr in the quarter
  • Profit grew faster than the core business (core profit +15%)
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales +14.1%+1.9% 662650581
Operating profit +21.4%+47.7% 88.760.073.0
OPM % +81 bps+415 bps 13.4%9.2%12.6%
Other income +0.0%-88.9% 0.87.30.8
Net profit +77.8%— 45.41.825.6
PAT margin % +246 bps+658 bps 6.9%0.3%4.4%
EPS (₹) +77.3%— 3.280.131.85

Quality of profit

Core 56%Other income & one-offs 44%

Pre-tax profit ₹68.5 Cr: core business ₹38.5 Cr, other income ₹0.8 Cr, exceptional & other items ₹29.2 Cr.

Core profit YoY: +14.8% · reported profit +77.8%

Cash & debt

FY26 cash from operations ₹263 Cr: 380% of FY26 net profit of ₹69.2 Cr.

Borrowings ₹1,029 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹645₹662 +2.8% in line
Net profit₹12.8₹45.4 +255.6% above
AI read of the filing SHK to Divest Non-Core Subsidiary KVPL to Promoter Group for ₹0.46 Cr Neutral
  • Divestment of 100% stake in KVPL for a total consideration of ₹45,85,000
  • KVPL contributed only 0.04% (₹0.83 cr) to the consolidated turnover in FY26
  • Amikeva Private Limited contributed 0.01% (₹0.31 cr) to the consolidated turnover in FY26
Full analysis →

Tata Chemicals Limited

TATACHEM · Chemicals · Q1 FY27 · Consolidated · Filed
M Cap
₹15,024 Cr
P/E
—
PEG
—
Since results
-15.6%
  • Profit -83% below its own trend
  • Operating margin contracted 441 bps YoY
  • 35% of pre-tax profit came from other income and one-off items
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales +14.4%+23.8% 4,2553,4383,719
Operating profit -14.5%+102.6% 555274649
OPM % -441 bps+507 bps 13.0%8.0%17.5%
Other income -41.7%from loss 56.0-1,76096.0
Net profit -81.0%from loss 60.0-2,116316
PAT margin % -709 bps+6296 bps 1.4%-61.5%8.5%
EPS (₹) to lossloss narrowed -0.67-83.679.89

Quality of profit

Core 64%Other income & one-offs 36%

Pre-tax profit ₹110 Cr: core business ₹71.0 Cr, other income ₹56.0 Cr, exceptional & other items −₹17.0 Cr.

Core profit YoY: -68.0% · reported profit -81.0%

Cash & debt

FY26 cash from operations ₹1,269 Cr.

Borrowings ₹8,001 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹3,647₹4,255 +16.7% above
Net profit₹354₹60.0 -83.0% below
AI read of the filing Rs 4,255 Cr Revenue in Q1 FY27; Tata Chemicals Returns to Profitability After Q4 Loss Positive
  • Consolidated revenue from operations increased 14.4% YoY to Rs 4,255 Cr from Rs 3,719 Cr.
  • Reported a PBT of Rs 127 Cr, a significant recovery from the Rs 2,015 Cr loss in the preceding quarter.
  • Net worth improved to Rs 20,250 Cr as of June 30, 2026, compared to Rs 19,308 Cr in March 2026.
Full analysis →

Chembond Material Technologies Limited

CHEMBOND · Chemicals · Q1 FY27 · Consolidated · Filed
M Cap
₹255 Cr
P/E
17.4
PEG
—
Since results
+10.1%
  • Profit +136% above its own trend
  • Operating margin contracted 191 bps YoY
  • 65% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit -24%)
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales +25.5%+0.9% 72.471.857.7
Operating profit -14.3%-53.8% 3.06.43.5
OPM % -191 bps-487 bps 4.1%9.0%6.0%
Other income +42.1%from loss 3.8-1.22.6
Net profit +43.5%+64.5% 5.73.54.0
PAT margin % +99 bps+306 bps 7.9%4.8%6.9%
EPS (₹) +43.0%+63.8% 4.262.602.98

Quality of profit

Core 35%Other income & one-offs 65%

Pre-tax profit ₹5.8 Cr: core business ₹2.1 Cr, other income ₹3.8 Cr.

Core profit YoY: -24.1% · reported profit +43.5%

Cash & debt

FY26 cash from operations ₹15.0 Cr: 116% of FY26 net profit of ₹12.9 Cr.

Borrowings ₹4.0 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹74.7₹72.4 -3.1% in line
Net profit₹2.4₹5.7 +135.7% above
AI read of the filing 25.5% YoY Revenue Growth; Chembond Reports Rs 5.73 Cr Consolidated PAT in Q1 FY27 Positive
  • Consolidated revenue increased by 25.5% YoY to Rs 72.42 Cr from Rs 57.68 Cr in Q1 FY26
  • Consolidated PAT grew 43.6% YoY to Rs 5.73 Cr compared to Rs 3.99 Cr in the same period last year
  • Basic EPS improved to Rs 4.26 from Rs 2.97 in Q1 FY26
Full analysis →

Valiant Organics Limited

VALIANTORG · Chemicals · Q1 FY27 · Consolidated
M Cap
₹1,311 Cr
P/E
24.0
PEG
—
  • Profit +91% above its own trend
  • Operating margin expanded 596 bps YoY
  • 27% of pre-tax profit came from other income and one-off items
  • Profit grew faster than the core business (core profit +187%)
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales +13.5%+6.4% 232218204
Operating profit +69.2%+61.5% 42.026.024.8
OPM % +596 bps+618 bps 18.1%11.9%12.1%
Other income +924.0%+120.0% 11.05.01.1
Net profit +282.7%+81.2% 29.016.07.6
PAT margin % +879 bps+516 bps 12.5%7.3%3.7%
EPS (₹) +282.3%+84.7% 10.365.612.71

Quality of profit

Core 73%Other income & one-offs 27%

Pre-tax profit ₹37.0 Cr: core business ₹27.0 Cr, other income ₹11.0 Cr, exceptional & other items −₹1.0 Cr.

Core profit YoY: +187.0% · reported profit +282.7%

Cash & debt

FY26 cash from operations ₹92.0 Cr: 277% of FY26 net profit of ₹33.2 Cr.

Borrowings ₹256 Cr at Mar 2026.

Against its own trend ?

TrendActualGap
Sales₹210₹232 +10.7% above
Net profit₹15.2₹29.0 +91.3% above

Primo Chemicals Limited

PRIMO · Chemicals · Q1 FY27 · Consolidated
M Cap
₹637 Cr
P/E
39.9
PEG
—
  • Profit +129% above its own trend
  • 59% of pre-tax profit came from other income and one-off items
  • Core business grew faster than reported profit (core profit +99%)
₹ CrYoYQoQ Jun 2026Mar 2026Jun 2025
Sales -1.2%-3.2% 140145142
Operating profit +2.0%+9.4% 20.819.020.4
OPM % +46 bps+170 bps 14.8%13.1%14.4%
Other income -0.6%-7.4% 5.25.75.3
Net profit +14.7%-22.9% 4.76.14.1
PAT margin % +46 bps-85 bps 3.3%4.2%2.9%
EPS (₹) +11.8%-24.0% 0.190.250.17

Quality of profit

Core 41%Other income & one-offs 59%

Pre-tax profit ₹8.9 Cr: core business ₹3.6 Cr, other income ₹5.2 Cr.

Core profit YoY: +98.9% · reported profit +14.7%

Against its own trend ?

TrendActualGap
Sales₹140₹140 -0.0% in line
Net profit₹2.0₹4.7 +129.4% above

How to read this page

The numbers. Each card is one company's Q1 FY27 results as filed with NSE or BSE, read from the filing within hours of its release, in ₹ crore. We show the consolidated statement, or the standalone one when the consolidated figures are a copy of it or have no year-ago quarter to compare with. YoY compares with the same quarter a year earlier and QoQ with the quarter before (the previous half-year for companies that report every six months). A swing between profit and loss is described in words: a percentage across it would mislead.

Margins. Operating margin (OPM) is operating profit, before depreciation, interest and other income, as a share of sales; PAT margin is net profit as a share of sales. Their changes are in basis points (100 bps = 1 percentage point).

Quality of profit. Core profit is operating profit minus interest and depreciation: what the business itself earned before tax. The rest of pre-tax profit is other income (interest on cash, dividends, gains on investments) and exceptional or one-off items. We flag a quarter when that share is 25% or more, and when reported profit grew much faster than core profit. For banks we compare pre-provision profit with net profit, since a fall in provisions can lift profit without the business growing.

Against its own trend. We do not have analyst consensus estimates, and we do not make them up. Instead each company is measured against the path it was on: the same quarter last year, grown at the median of its last four year-on-year growth rates (held between −50% and +100%; at least two growth rates needed). Sales 5% or more above that, or net profit 10% or more above, is "above trend"; as far below is "below trend". It answers "was this quarter better or worse than the company's own recent run?", which consensus does not.

Cash and debt. Profit is an accounting figure; cash is harder to dress up. For each company we show its operating cash flow for the last financial year as a share of that year's net profit (flagged under 50%, or when it is negative despite a profit), and its borrowings at the latest balance sheet against the one six months earlier (flagged at a 25% move). Balance sheets come with the September and March results, cash-flow statements with the March results.

Price since results. The latest close against the last close before the filing (a filing after 3:30 pm counts from the next session). It is a fact about the market's reaction, not advice.

Market cap groups. Large cap is the 100 largest companies by market value and mid cap the next 150 (SEBI's ranking); below that, small cap is ₹5,000 Cr or more, micro cap ₹500 Cr or more, nano cap below.

⚠️ How this site is made: Market data pages are computed automatically from NSE/BSE publications and company filings; news articles and announcement analyses are written with AI assistance, with a human in the loop: our editors review what the AI produces. Both can contain errors. Verify with the original sources before any investment decision. Not investment advice; Flash Finance is not SEBI-registered. How we use AI