🔍

Vasundhara Rasayans Ltd (538634)

📊 BSE: 538634 🏢 Pharmaceuticals 📢 Latest filing: 14 Aug 2026

Latest quarterly results (Q1 FY27)

In its latest reported quarter, Q1 FY27, Vasundhara Rasayans' revenue was ₹6.9 Cr (-8.3% year on year, -41.7% on the previous quarter), and net profit ₹0.6 Cr (+13.7% year on year); the operating margin was 9.9%.

Q1 FY27 (₹ Cr)	Value	YoY vs Q1 FY26	QoQ
Revenue	₹6.9	-8.3%	-41.7%
Operating profit	₹0.7	+107.7%	-75.9%
Net profit	₹0.6	+13.7%	-73.9%
EPS (₹)	2.04	+14.0%	-73.8%
Operating margin	9.9%	—	—

Full quarterly financials → Results calendar →

📢 Recent Corporate Announcements

Q1 Net Profit Up 13.1% YoY to ₹0.65 Cr; Revenue Down 8.3% YoY to ₹6.93 Cr

🟡 NEUTRAL ⭐ 5/10

EARNINGS 📅 14 Aug 2026, 04:29 PM

Vasundhara Rasayans reported a 13.1% YoY increase in Net Profit after tax to ₹0.65 Cr (₹64.80 Lakhs) for the quarter ended June 30, 2026, up from ₹0.57 Cr (₹57.28 Lakhs) in the year-ago period. Net sales/income from operations fell 8.3% YoY to ₹6.93 Cr (₹693.23 Lakhs) from ₹7.56 Cr and declined 41.7% sequentially from ₹11.89 Cr in the preceding quarter. Total expenses dropped to ₹6.43 Cr from ₹7.47 Cr in Q1 FY26, aiding operating margins. Basic EPS for the quarter stood at ₹2.04 compared to ₹1.80 in Q1 FY26 and ₹7.80 in Q4 FY26.

Revenue from operations fell 8.32% YoY to ₹693.23 Lakhs from ₹756.15 Lakhs
Net profit after tax increased 13.13% YoY to ₹64.80 Lakhs from ₹57.28 Lakhs
Total expenses dropped 14.00% YoY to ₹642.53 Lakhs compared to ₹747.10 Lakhs
Basic and diluted EPS stood at ₹2.04 compared to ₹1.80 in Q1 FY26 and ₹7.80 in Q4 FY26

💡 Monitor revenue recovery and capacity utilization in upcoming quarters following the sharp quarter-on-quarter drop from ₹11.89 Cr.

Vasundhara Rasayans Q1 Net Profit Up 14% YoY to ₹0.65 Cr Despite 8% Revenue Decline

🟡 NEUTRAL ⭐ 5/10

EARNINGS 📅 14 Aug 2026, 04:03 PM

Vasundhara Rasayans reported a mixed set of results for Q1 FY27 (ending June 2026), with Net Profit rising 14% YoY to ₹0.65 crore. However, Revenue from operations declined 8.3% YoY to ₹6.93 crore and saw a sharp sequential drop of 41.7% from the ₹11.89 crore reported in the March 2026 quarter. The profit growth amidst falling sales was primarily driven by a 39% reduction in 'Other Expenses' to ₹1.25 crore. EPS for the quarter stood at ₹2.04, up from ₹1.80 in the corresponding quarter last year.

Net Profit increased 13.1% YoY to ₹0.65 Cr from ₹0.57 Cr in June 2025
Revenue from operations fell 8.3% YoY to ₹6.93 Cr from ₹7.56 Cr
Other Expenses significantly reduced to ₹1.25 Cr from ₹2.04 Cr in the year-ago period
Sequential revenue declined by 41.7% compared to the March 2026 quarter (₹11.89 Cr)
Earnings Per Share (EPS) for the quarter improved to ₹2.04 from ₹1.80 YoY

💡 Investors should monitor the sustainability of cost-cutting measures and investigate if the 41.7% sequential revenue drop is due to seasonality in their agri-products segment or a loss of market share.

Aug 14 Board Meeting scheduled to approve Q1 FY27 financial results

🟡 NEUTRAL ⭐ 3/10

BOARD_MEETING 📅 06 Aug 2026, 04:00 PM

Vasundhara Rasayans Ltd has scheduled a board meeting on August 14, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026. This follows a strong FY26 performance where the company reported a TTM revenue of ₹36 Cr and a PAT of ₹6 Cr. The company currently operates with a high ROCE of 20.0% and a low debt-to-equity ratio of 0.04. Investors will be looking to see if the momentum from the March 2026 quarter, which saw a peak revenue of ₹11.89 Cr, continues into the new fiscal year.

Board meeting scheduled for August 14, 2026, to review Q1 results.
Financial results pertain to the first quarter ended June 30, 2026.
Trading window is closed for designated persons until 48 hours after the results declaration.
Company reported a TTM EPS of ₹18.34 leading up to this period.
Market capitalization stands at ₹57 Cr as of the announcement date.

💡 Monitor the financial results on August 14, 2026, specifically focusing on whether operating profit margins (OPM) stay near the TTM average of 16.2%.

Vasundhara Rasayans FY26 Annual Report: Rs 2 Dividend Declared, PAT Grows 36% YoY

🟡 NEUTRAL ⭐ 5/10

ROUTINE 📅 01 Aug 2026, 05:14 PM

Vasundhara Rasayans has released its FY26 Annual Report, confirming a net profit of 5.79 cr on revenue of 35.72 cr. The board has recommended a final dividend of 2 per share (20% of face value), yielding approximately 1.14% at current prices. Export sales contributed 13.74 cr (38.5% of total revenue), while domestic sales stood at 21.99 cr. The company maintains a strong balance sheet with a low debt-to-equity ratio of 0.04 and a healthy ROCE of 20%.

Final dividend of 2 per equity share recommended for the financial year ended March 31, 2026.
Net profit for FY26 increased to 5.79 cr from 4.25 cr in the previous year, a 36% growth.
Export revenue recorded at 13.74 cr, accounting for 38.5% of the total 35.72 cr revenue.
Contingent liability of 60.20 lakhs reported for an Income Tax demand (AY 2015-16), representing ~10.4% of FY26 PAT.
CSR expenditure of 16.10 lakhs exceeded the statutory requirement of 14.10 lakhs.

💡 Monitor the AGM proceedings on August 25, 2026, and the subsequent record date for dividend payment. Investors should also track the resolution of the 60.20 lakh contingent tax liability.

Vasundhara Rasayans Proposes ₹2 Dividend and Significant ₹25 Cr Related Party Loan Limit

🟡 NEUTRAL ⭐ 6/10

BOARD_MEETING 📅 01 Aug 2026, 05:06 PM

Vasundhara Rasayans has scheduled its 39th AGM for August 25, 2026, proposing a final dividend of ₹2 per share (20% of face value). The company is seeking shareholder approval for substantial related party transactions, including a ₹25 crore limit for loans or guarantees to P&J Cretechem Private Limited, which represents approximately 61% of the company's current net worth (₹41 cr). Additionally, sale/purchase limits of ₹15 crore each are proposed for the same entity, significant against a TTM revenue of ₹36 crore. Key management personnel, including the Managing Director and Whole-time Director, are up for five-year re-appointments.

Proposed final dividend of ₹2 per equity share for the financial year ended March 31, 2026.
Approval sought for related party transactions with P&J Cretechem Pvt Ltd involving loans/guarantees up to ₹25 crore.
Proposed sale and purchase limits of ₹15 crore each with P&J Cretechem, representing ~42% of TTM revenue.
Re-appointment of Rajesh Pokerna as Managing Director for 5 years with remuneration up to ₹30 lakh per annum.
Re-appointment of Seema Jain as Whole-time Director for 5 years with remuneration of ₹12 lakh per annum.

💡 Investors should monitor the AGM voting results, specifically the approval of high-value related party transactions and loan limits which impact capital allocation. Track the dividend payment timeline following the August 25 meeting.

Vasundhara Rasayans Sets August 18, 2026 as Record Date for Dividend and 39th AGM

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 01 Aug 2026, 04:36 PM

Vasundhara Rasayans Ltd has fixed August 18, 2026, as the record date for determining shareholder eligibility for dividend payments and e-voting. The company's 39th Annual General Meeting (AGM) is scheduled for August 25, 2026, via video conferencing. This administrative update follows a fiscal year (FY26) where the company reported a net profit of Rs 5.79 Cr on a revenue of Rs 35.72 Cr. With a small market cap of Rs 56 Cr and a low debt-to-equity ratio of 0.04, the company maintains a stable financial position.

Record date for dividend and e-voting eligibility fixed for August 18, 2026
39th Annual General Meeting scheduled to be held on August 25, 2026
Company reported FY26 revenue of Rs 35.72 Cr and net profit of Rs 5.79 Cr
Maintains a healthy ROCE of 20.0% and low debt of Rs 2 Cr
Promoter holding remains steady at 61.98% as of March 2026

💡 Investors should ensure shares are held in their demat accounts by the August 18 record date to qualify for the dividend. Monitor the AGM for management's outlook on scaling the current Rs 36 Cr revenue base.

₹2 Dividend Recommended and Re-appointment of MD & WTD for 5-Year Terms

🟢 POSITIVE ⭐ 6/10

BOARD_MEETING 📅 01 Aug 2026, 04:16 PM

Vasundhara Rasayans has recommended a dividend of ₹2 per equity share for FY26, which at the current price of ₹174.9 represents a yield of approximately 1.14%. The board also approved the re-appointment of Mr. Rajesh Pokerna as Managing Director and Smt. Seema Jain as Whole-time Director for five-year terms starting August 20, 2026. These leadership continuities follow a solid FY26 performance where the company reported a PAT of ₹5.79 Cr on revenue of ₹35.72 Cr. The 39th Annual General Meeting (AGM) and dividend eligibility cut-off is set for August 18, 2026.

Recommended a dividend of ₹2 per equity share for the financial year ended March 31, 2026
Re-appointed Rajesh Pokerna as Managing Director for a 5-year term from August 20, 2026, to August 19, 2031
Re-appointed Seema Jain as Whole-time Director for a 5-year term starting August 20, 2026
Fixed August 18, 2026, as the cut-off date for determining dividend eligibility and e-voting
Book closure period for the 39th AGM scheduled from August 19, 2026, to August 25, 2026

💡 Investors should note the August 18 cut-off date for dividend eligibility and monitor the 39th AGM for any strategic updates from the re-appointed leadership.

Rs 2 Dividend Recommended; MD and WTD Re-appointed for 5-Year Terms

🟢 POSITIVE ⭐ 6/10

DIVIDEND 📅 01 Aug 2026, 04:11 PM

Vasundhara Rasayans has recommended a dividend of Rs 2 per equity share for FY26, translating to a dividend yield of approximately 1.14% based on the current price of Rs 174.9. The Board also approved the re-appointment of Shri Rajesh Pokerna as Managing Director and Smt Seema Jain as Whole-time Director for five-year terms effective August 20, 2026. The company reported a steady FY26 with a PAT of Rs 5.79 Cr on a revenue of Rs 35.72 Cr. A cut-off date of August 18, 2026, has been set to determine eligibility for the dividend and e-voting for the 39th AGM.

Recommended a dividend of Rs 2 per equity share for the financial year ended March 31, 2026.
Re-appointed Rajesh Pokerna as Managing Director for a 5-year term from August 20, 2026, to August 19, 2031.
Re-appointed Seema Jain as Whole-time Director for a 5-year term starting August 20, 2026.
Set the dividend and e-voting cut-off date as August 18, 2026.
Book closure period announced from August 19, 2026, to August 25, 2026, for the 39th AGM.

💡 Investors should note the cut-off date of August 18, 2026, for dividend eligibility and monitor the upcoming Annual Report for details on capacity utilization in their Antacid API manufacturing segment.

Aug 1 Board Meeting to recommend dividend for FY 2025-26

🟢 POSITIVE ⭐ 4/10

BOARD_MEETING 📅 28 Jul 2026, 08:33 PM

Vasundhara Rasayans has scheduled a board meeting on August 1, 2026, to recommend a dividend for the financial year ended March 31, 2026. The company currently shows strong profitability with a TTM PAT of ₹6 Cr and an EPS of ₹18.34. The meeting will also finalize details for the 39th Annual General Meeting (AGM), including the e-voting process and book closure dates. Given the company's low debt of ₹2 Cr and healthy ROCE of 20%, the dividend recommendation is a key event for shareholders.