Alchemist Corporation Ltd (531409)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Alchemist's revenue was ₹4.2 Cr, and net profit ₹-0.0 Cr (a smaller loss than a year earlier); the operating margin was 5.5%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹4.2 | — | +24.5% |
| Operating profit | ₹0.2 | from loss | -76.1% |
| Net profit | ₹-0.0 | loss narrowed | to loss |
| EPS (₹) | -0.02 | loss narrowed | to loss |
| Operating margin | 5.5% | — | — |
📢 Recent Corporate Announcements
Alchemist Corporation Ltd announced the voting results for its 33rd Annual General Meeting held on September 29, 2026, where all resolutions passed with the requisite majority. Key approvals included Section 186 limits for loans, guarantees, and investments, alongside material related party transactions with Wallet Circle Technologies and Anka India. Notably, only 375 public shares were voted on these related party resolutions, representing 0.0076% of outstanding shares, where promoters were interested and abstained.
- All resolutions passed at the 33rd AGM held on September 29, 2026
- Special resolution approved under Section 186 to make loans, give guarantees, and provide securities
- Material related party transactions approved with Wallet Circle Technologies and Anka India
- Turnout among public shareholders on related party votes was minimal at just 375 votes (0.0076% of total shares)
Alchemist Corporation reported a standalone revenue of ₹4.20 crore for Q1 FY27, marking a 24.5% increase from the ₹3.37 crore reported in the previous quarter. However, standalone net profit collapsed to just ₹0.75 lakhs from ₹86 lakhs in the March 2026 quarter, primarily due to a 51% surge in employee benefit expenses. On a consolidated basis, the company posted a net loss of ₹1.03 lakhs. Notably, the statutory auditor highlighted a persistent non-compliance with Ind AS 116 (Lease accounting) since April 2019.
- Standalone revenue grew to ₹419.60 lakhs from ₹337.12 lakhs in the preceding quarter.
- Employee benefit expenses increased significantly to ₹341.90 lakhs, representing 81.5% of total revenue.
- Consolidated net loss stood at ₹1.03 lakhs, swinging from a profit of ₹85.90 lakhs in the previous quarter.
- Subsidiary Kautilya Infotech Limited reported zero revenue and a net loss of ₹1.78 lakhs for the quarter.
- Auditor issued a qualification regarding non-compliance with Ind AS 116 lease accounting since 2019.
Alchemist Corporation reported a standalone revenue of ₹4.20 crore for Q1 FY27, representing a 24.5% increase from the ₹3.37 crore reported in the previous quarter. However, standalone net profit collapsed to just ₹0.75 lakhs from ₹86 lakhs in the preceding quarter, primarily driven by a 50.9% surge in employee benefit expenses to ₹3.42 crore. On a consolidated basis, the company posted a net loss of ₹1.03 lakhs. The auditor's report highlighted a persistent non-compliance with Ind AS 116 (Leases) since April 2019, which remains unadjusted in the financial statements.
- Standalone revenue grew 24.5% quarter-on-quarter to ₹419.60 lakhs.
- Employee benefit expenses surged to ₹341.90 lakhs, consuming 81.4% of total income.
- Consolidated net loss of ₹1.03 lakhs compared to a profit of ₹85.90 lakhs in the previous quarter.
- Subsidiary Kautilya Infotech Limited reported zero revenue and a net loss of ₹1.78 lakhs for the quarter.
- Auditor issued a qualified opinion regarding non-compliance with Ind AS 116 (Leases) since April 1, 2019.
Alchemist Corporation Ltd has scheduled a board meeting for August 12, 2026, to consider and approve its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. This follows a March 2026 quarter where the company reported a revenue of ‹ 3.37 crore and a net profit of ‹ 0.86 crore. The trading window for insiders has been closed since July 1, 2026, and will remain so until 48 hours after the results are announced. Given the company's high debt-to-equity ratio of 6.36 and zero net worth, these results are critical for assessing financial stability.
- Board meeting scheduled for August 12, 2026, to approve Q1 results
- Financial results pertain to the quarter ended June 30, 2026
- Trading window for insiders closed from July 1, 2026
- Company reported a net profit of ‹ 0.859 crore in the previous quarter (Mar 2026)
- Debt stands at ‹ 3 crore against a net worth of ‹ 0 crore
Alchemist Corporation has re-submitted its audited financial results for the year ended March 31, 2026, to correct errors in the consolidated cash flow statement following exchange observations. The company reported a standalone net loss of ₹28.69 lakhs for FY26, nearly unchanged from a loss of ₹28.81 lakhs in FY25. While total assets grew significantly to ₹536.13 lakhs from ₹131.05 lakhs, this was largely driven by a surge in trade receivables to ₹285.56 lakhs and new property assets. The company's financial position remains weak with a net worth of only ₹44.90 lakhs against a share capital of ₹491.43 lakhs.
- Standalone net loss of ₹28.69 lakhs reported for the full year ended March 31, 2026
- Total assets increased by 309% year-on-year to ₹536.13 lakhs
- Trade receivables spiked to ₹285.56 lakhs from zero in the previous financial year
- Company maintains a 53.86% controlling stake in subsidiary Kautilya Infotech Limited
- Accumulated losses (Other Equity) stand at ₹(446.53) lakhs, significantly eroding the net worth
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