Deepak Chemtex Ltd (544036)
Latest quarterly results (H2 FY26)
In its latest reported quarter, H2 FY26, Deepak Chemtex's revenue was ₹36.7 Cr (-9.6% year on year, +18.7% on the previous half-year), and net profit ₹4.1 Cr (-39.8% year on year); the operating margin was 14.4%.
| H2 FY26 (₹ Cr) | Value | YoY vs H2 FY25 | vs prev. half |
|---|---|---|---|
| Revenue | ₹36.7 | -9.6% | +18.7% |
| Operating profit | ₹5.3 | -39.5% | -13.0% |
| Net profit | ₹4.1 | -39.8% | -4.4% |
| EPS (₹) | 3.68 | -41.4% | -5.9% |
| Operating margin | 14.4% | — | — |
📢 Recent Corporate Announcements
Deepak Chemtex Limited has issued physical intimation letters to shareholders whose email addresses are not registered with the RTA, providing access links and QR codes to the FY26 Integrated Annual Report and AGM Notice. The 29th Annual General Meeting is scheduled to be held on September 21, 2026, at 12:30 PM IST via video conferencing. The cut-off date for determining voting eligibility is September 14, 2026, with remote e-voting running from September 18 to September 20, 2026.
- 29th AGM scheduled for Monday, September 21, 2026, at 12:30 PM IST via Video Conferencing
- Cut-off date for shareholder voting eligibility set for Monday, September 14, 2026
- Electronic voting window opens on Friday, September 18, 2026 (09:00 AM) and concludes on Sunday, September 20, 2026 (05:00 PM)
- Filing issued in compliance with SEBI LODR Regulation 36(1)(b) for unregistered email folios
Deepak Chemtex Limited has released its Integrated Annual Report for FY 2025-26 and convened its 29th Annual General Meeting for September 21, 2026. The agenda includes the re-appointment of Chairman & Managing Director Saurabh Deepak Arora and Whole-Time Director Trishla Baid Arora for 3-year terms effective July 28, 2026. Management highlighted operational progress on its upcoming manufacturing facility (DCPL Speciality Chemicals Unit No. 3) to introduce 5 new products, alongside international expansion via its US subsidiary, Atlas Tints. In FY26, the company recorded standalone revenue of Rs 67.64 Cr and net profit of Rs 8.47 Cr.
- 29th Annual General Meeting scheduled for Monday, September 21, 2026 at 12:30 PM IST via Video Conferencing.
- Proposed re-appointment of Mr. Saurabh Deepak Arora as CMD for a 3-year tenure effective July 28, 2026.
- Proposed re-appointment of Mrs. Trishla Baid Arora as Whole-Time Director for a 3-year term from July 28, 2026.
- Progress reported on commissioning Unit No. 3 facility to add 5 new speciality chemical products.
Deepak Chemtex has issued the notice for its 29th Annual General Meeting scheduled for Monday, September 21, 2026, via video conferencing. Key resolutions include the adoption of FY26 financial statements and the re-appointment of Saurabh Deepak Arora (CMD) and Trishla Baid Arora (WTD) for 3-year terms effective July 28, 2026. Additionally, the company seeks shareholder approval for material related party transactions up to Rs 50 Crore with its subsidiary, DCPL Speciality Chemicals Private Limited (equivalent to ~34% of TTM revenue of Rs 147 Cr).
- 29th AGM scheduled for September 21, 2026, at 12:30 p.m. IST via VC/OAVM
- Approval sought for material related party transactions with subsidiary DCPL Speciality Chemicals Private Limited up to Rs 50 Crore
- Proposed re-appointment of Saurabh Deepak Arora as Chairman & Managing Director for a 3-year tenure from July 28, 2026
- Proposed re-appointment of Trishla Baid Arora as Whole Time Director for 3 years from July 28, 2026
Deepak Chemtex Ltd has announced the outcome of its Board Meeting held on August 24, 2026. The Board approved the Directors' Report along with the Management Discussion and Analysis Report for the financial year ended March 31, 2026. Additionally, the company scheduled its 29th Annual General Meeting (AGM) for Monday, September 21, 2026, at 12:30 PM IST via Video Conferencing. This is a standard compliance and administrative filing with no immediate financial impact.
- Board approved the Directors' Report and MD&A Report for the financial year ended March 31, 2026
- 29th Annual General Meeting scheduled for Monday, September 21, 2026, at 12:30 PM IST
- AGM to be conducted via Video Conferencing (VC) / Other Audio-Visual Means (OAVM)
- Board meeting concluded in 20 minutes (03:40 PM to 04:00 PM on August 24, 2026)
Deepak Chemtex Limited has informed the exchange that Mrs. Sonam Sharma, Company Secretary and Compliance Officer (Key Managerial Personnel), has resigned from her position effective August 17, 2026. The resignation letter cited unavoidable circumstances, confirming there are no other material reasons. The company will be required to appoint a replacement compliance officer to manage regulatory disclosures and secretarial compliances.
- Resignation of Mrs. Sonam Sharma (ACS-52445) as Company Secretary and Compliance Officer
- Effective date of resignation is August 17, 2026 (close of business hours)
- Reason stated: unavoidable circumstances, with no other material reasons cited
Deepak Chemtex Limited has announced the resignation of Mrs. Sonam Sharma from the post of Company Secretary and Compliance Officer (Key Managerial Personnel). The resignation took effect at the close of business hours on August 17, 2026. The resignation was tendered citing unavoidable circumstances, with no other material reasons provided. The company will be required to appoint a new Compliance Officer in accordance with SEBI listing regulations.
- Mrs. Sonam Sharma resigned as Company Secretary and Compliance Officer effective August 17, 2026
- Resignation tendered due to unavoidable circumstances with no other material reasons confirmed
- Disclosure filed under Regulation 30 of SEBI LODR on August 18, 2026
Deepak Chemtex has approved the re-appointment of its core leadership for a further three-year term starting July 28, 2026. Mr. Saurabh Deepak Arora, with 26 years of industry experience, continues as Chairman and Managing Director, while Mrs. Trishla Baid Arora continues as Whole Time Director overseeing finance. The company, which has a TTM revenue of ₹147 Cr and a market cap of ₹84 Cr, maintains leadership continuity despite a significant 12-month price decline of 43.4%. These appointments are subject to shareholder approval.
- Re-appointment of CMD and WTD for a fixed term of 3 years effective from July 28, 2026, to July 27, 2029
- Mr. Saurabh Deepak Arora brings over 26 years of experience in the Chemical and Colorant industry
- Mrs. Trishla Baid Arora has approximately 21 years of experience, specifically managing Accounts and Finance
- Promoter holding remains stable at 73.05% as of March 2026
- Company maintains a low Debt/Equity ratio of 0.01 with a net worth of ₹63 Cr
Deepak Chemtex has approved the re-appointment of Mr. Saurabh Deepak Arora as Chairman and Managing Director and Mrs. Trishla Baid Arora as Whole-time Director for a three-year term starting July 28, 2026. Mr. Arora brings over 26 years of experience in the chemical and colorant industry, while Mrs. Arora oversees the finance function with 21 years of experience. This move ensures leadership continuity for the company, which has a market cap of Rs 84 Cr and TTM revenue of Rs 147 Cr. The re-appointments are subject to shareholder approval and come during a period where the stock has declined 43.4% over the last 12 months.
- Re-appointment of CMD and WTD for a fixed term of 3 years effective from July 28, 2026, to July 27, 2029.
- CMD Saurabh Deepak Arora has over 26 years of experience in the specialty chemical and colorant industry.
- WTD Trishla Baid Arora has approximately 21 years of experience, currently managing the Accounts and Finance functions.
- The company maintains a high and stable promoter holding of 73.05% as of March 2026.
Financial Performance
Geographic Revenue Split
Foreign subsidiaries Atlas Tints and South West Chemicals Corporation generated revenues of INR 0.248 Cr (Rs. 24.84 Lakhs) and INR 4.67 Cr (Rs. 467.68 Lakhs) respectively for FY 2024-25.
Profitability Margins
The company reported a profit for FY 2024-25, but specific consolidated gross, operating, or net margin percentages were not disclosed in the snippets.
Operational Drivers
Raw Materials
Raw materials are listed as a component of inventory valuation, but specific chemical names or their percentage of total costs are not disclosed.
Raw Material Costs
Raw materials are valued at the lower of cost or net realizable value using the weighted average cost method; specific YoY cost changes were not disclosed.
Strategic Growth
Growth Strategy
The company is expanding its global footprint through foreign subsidiaries Atlas Tints and South West Chemicals Corporation. Growth is supported by a focus on the colorants market and maintaining effective internal financial controls to ensure reliable financial reporting for external purposes.
Products & Services
Colorants (specifically mentioned as the primary source of revenue recognized at the point of dispatch).
Market Expansion
The company has established an international presence with subsidiaries Atlas Tints and South West Chemicals Corporation as of March 31, 2025.
External Factors
Industry Trends
The colorant industry is seeing a shift toward more rigorous consolidated financial reporting and adherence to standardized accounting principles (AS) to provide fair presentations of financial positions.
Competitive Moat
The company's moat is built on its established international subsidiary network and adherence to internal financial control frameworks, which provide a basis for reliable financial reporting and operational efficiency.
Geopolitical Risks
International operations through foreign subsidiaries expose the company to trade barriers and geopolitical risks in those specific jurisdictions.
Regulatory & Governance
Industry Regulations
Operations are governed by the Companies Act, 2013, and Accounting Standards (AS) including AS 9 (Revenue Recognition), AS 2 (Inventory Valuation), and AS 29 (Provisions and Contingent Liabilities).
Legal Contingencies
The company has disclosed the impact of pending litigations on its financial position in its consolidated financial statements for FY 2024-25; specific case values were not disclosed in the snippets.
Risk Analysis
Key Uncertainties
Inherent limitations in internal financial controls, such as collusion or improper management override, could lead to undetected material misstatements.
Geographic Concentration Risk
The company has significant geographic concentration in foreign markets through its subsidiaries, with South West Chemicals Corporation holding assets of INR 4.57 Cr.
