Mysore Petro Chemicals Ltd (506734)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Mysore Petro's revenue was ₹11.4 Cr (+57.5% year on year, -47.0% on the previous quarter), and net profit ₹9.6 Cr (against a loss a year earlier); the operating margin was -2.9%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹11.4 | +57.5% | -47.0% |
| Operating profit | ₹-0.3 | loss narrowed | loss narrowed |
| Net profit | ₹9.6 | from loss | +216.6% |
| EPS (₹) | 14.52 | from loss | +216.3% |
| Operating margin | -2.9% | — | — |
📢 Recent Corporate Announcements
Mysore Petro Chemicals Limited has replied to a clarification query from BSE Limited regarding significant movement in its share price. The company confirmed compliance with Regulation 30 of the SEBI LODR Regulations, stating there is no undisclosed price-sensitive information or pending material event. The management emphasized that the recent stock price movement is purely market-driven. The stock has gained 68.0% over the last 3 months against a market cap of ₹109 Cr.
- Clarification issued to BSE on 21st August, 2026 regarding recent price movement
- Confirmed full compliance with Regulation 30 of SEBI Listing Regulations
- Stated no undisclosed material information or events exist that could impact share price
- Company clarified that share price movement is purely market driven
Mysore Petro Chemicals reported a significant jump in consolidated net profit to ₹9.56 cr for Q1 FY27, up from ₹1.40 cr in the same period last year. The performance was heavily driven by a ₹8.79 cr share of profit from its associate company, I G Petrochemicals Limited. Standalone revenue from chemical trading grew 57.6% YoY to ₹11.44 cr. However, the company continues to face a material contingent liability of ₹15.56 cr related to a closed plant, currently stayed by the High Court.
- Consolidated Net Profit surged to ₹9.56 cr in Q1 FY27 from ₹1.40 cr in Q1 FY26
- Share of profit from associate (I G Petrochemicals) contributed ₹8.79 cr to the bottom line
- Standalone revenue from operations increased 57.6% YoY to ₹11.44 cr
- Contingent liability of ₹15.56 cr remains under litigation, representing ~24% of current market cap
- Consolidated EPS for the quarter stood at ₹14.52 compared to a loss of ₹0.60 YoY
Mysore Petro Chemicals has announced a board meeting on August 10, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026. The company currently operates with a small market capitalization of Rs 66 Cr and a high P/E of 82.0. Despite a TTM revenue of Rs 52 Cr, the company faces profitability challenges with a TTM operating margin of -20.8%. The trading window for insiders is closed from July 1, 2026, to August 12, 2026.
- Board meeting scheduled for August 10, 2026, to review Q1 FY27 performance
- Trading window remains closed until August 12, 2026, for insiders
- Company reported a TTM PAT of only Rs 1 Cr on a revenue of Rs 52 Cr
- Significant valuation gap with Net Worth at Rs 225 Cr vs Market Cap of Rs 66 Cr
Mysore Petro Chemicals has issued a corrigendum to its FY 2025-26 Annual Report to rectify typographical errors in the financial notes. A figure in Note 29 was corrected from Rs. 807.57 lakhs to Rs. 867.97 lakhs, and column headers were updated to correctly reflect the period ending March 31, 2026. The company's 56th Annual General Meeting (AGM) remains scheduled for August 11, 2026, where shareholders will consider a dividend declaration. The report also confirms high customer concentration, with three clients accounting for over 70% of total revenue.
- Corrected a financial figure in Note 29 from Rs. 807.57 lakhs to Rs. 867.97 lakhs
- Revenue from 3 major customers totaled Rs 37.21 crore for the year ended March 31, 2026
- Investment in associate I G Petrochemicals Limited valued at Rs 134.06 crore as of March 31, 2026
- 56th Annual General Meeting scheduled for August 11, 2026, via video conferencing
- Total cash outflow for leases reported at Rs 7.36 lakhs for FY26
Mysore Petro Chemicals has initiated the dispatch of notices for its 56th Annual General Meeting (AGM) scheduled for August 11, 2026. The company has provided a web-link for the Annual Report for the Financial Year 2025-26, specifically targeting shareholders whose email addresses are not registered. The meeting will be conducted virtually via Video Conference at 3:00 P.M. IST. This is a standard regulatory filing and does not contain new financial results beyond what is in the annual report.
- 56th Annual General Meeting scheduled for August 11, 2026, at 3:00 P.M. IST
- Annual Report for the Financial Year 2025-26 is now available on the company website
- Dispatch of physical letters initiated on July 18, 2026, for shareholders with unregistered emails
- Meeting to be held through Video Conference / Other Audio-Visual Means
Mysore Petro Chemicals has announced its 56th Annual General Meeting (AGM) will be held on August 11, 2026. The company has fixed August 4, 2026, as the record date to determine shareholder eligibility for the dividend. The register of members and share transfer books will be closed from August 5 to August 9, 2026. If approved by shareholders at the AGM, the dividend payment will commence on or after August 18, 2026.
- 56th Annual General Meeting scheduled for August 11, 2026, at 3:00 p.m. via video conferencing
- Record date for dividend eligibility fixed as August 4, 2026
- Book closure period set from August 5, 2026, to August 9, 2026 (inclusive)
- Dividend payment scheduled to begin on or after August 18, 2026, subject to shareholder approval
Mysore Petro Chemicals has scheduled its 56th Annual General Meeting (AGM) for August 11, 2026, to be conducted via video conferencing. The meeting's agenda includes the adoption of audited financial statements for FY26 and the declaration of a dividend. Shareholders as of the record date, August 4, 2026, will be eligible for the dividend, with payments expected to start on or after August 18, 2026. The company will also seek the re-appointment of Director Nikunj Dhanuka, who holds 180 equity shares.
- 56th Annual General Meeting scheduled for August 11, 2026, at 3:00 PM.
- Record date for dividend eligibility is set for August 4, 2026.
- Dividend payment, if approved, will be made on or after August 18, 2026.
- Unclaimed dividend for FY 2018-19 is scheduled for transfer to IEPF on September 30, 2026.
- Virtual AGM participation is limited to 1,000 members on a first-come, first-served basis.
Mysore Petro Chemicals Ltd (MPCL) has released its 56th Annual Report, scheduling the AGM for August 11, 2026. The consolidated performance was heavily impacted by its associate, I G Petrochemicals Limited (IGPL), which saw profits plummet from ₹108.7 cr in FY25 to just ₹2.2 cr in FY26. Consequently, MPCL's net share of profit from the associate turned into a loss of ₹3.78 cr for the year. Despite the profit drop, MPCL received a higher dividend of ₹4.07 cr from IGPL during the period.
- Associate company IGPL's revenue fell by 12.6% to ₹1,95,084.42 lakhs in FY26.
- MPCL's net share of profit from associate turned to a loss of ₹378.14 lakhs vs a profit of ₹1,132.43 lakhs in FY25.
- Carrying value of investment in associate IGPL stands at ₹13,406.80 lakhs as of March 31, 2026.
- Dividend received from associate during the year increased to ₹407.50 lakhs from ₹305.63 lakhs.
- The 56th AGM is scheduled for August 11, 2026, to adopt accounts and declare a dividend.
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