Patel Chem Specialities Ltd (544460)
Latest quarterly results (H2 FY26)
In its latest reported quarter, H2 FY26, Patel Chem's revenue was ₹76.0 Cr (+38.2% year on year, +24.6% on the previous half-year), and net profit ₹6.0 Cr (+20.0% year on year); the operating margin was 11.8%.
| H2 FY26 (₹ Cr) | Value | YoY vs H2 FY25 | vs prev. half |
|---|---|---|---|
| Revenue | ₹76.0 | +38.2% | +24.6% |
| Operating profit | ₹9.0 | +12.5% | +12.5% |
| Net profit | ₹6.0 | +20.0% | +0.0% |
| EPS (₹) | 2.58 | -13.7% | +4.9% |
| Operating margin | 11.8% | — | — |
📢 Recent Corporate Announcements
Patel Chem Specialities has completed the expansion of its manufacturing facility at Talod, Gujarat, scaling capacity ~6.25x from 720 MTPA to 4,500 MTPA. The company invested approximately ₹20 crore funded via bank loans and internal accruals, representing 20% of its net worth. Trial batches have commenced, with commercial production expected to begin shortly. At peak utilization, the company projects the facility can generate annual revenue of ₹85-100 crore, equivalent to ~35-41% of its TTM revenue (₹242 crore).
- Expanded Talod plant capacity ~6.25x from 720 MTPA to 4,500 MTPA
- Capital expenditure executed at approximately ₹20 crore
- Trial batches commenced; commercial production slated to begin shortly
- Estimated peak revenue potential of ₹85–100 crore per annum from the facility
Patel Chem Specialities has completed the expansion of its Talod plant, significantly boosting its annual manufacturing capacity from 720/750 MT per annum to 4,500 MT per annum. The expansion involved an approximate capital expenditure of ₹20 Cr, funded via bank borrowings and internal accruals, representing 20% of the company's net worth (₹100 Cr). Trial batches have already commenced, with commercial operations scheduled to begin shortly. This six-fold increase is targeted at addressing growing demand and reducing delivery lead times.
- Annual production capacity increased from 720 MTPA (noted as 750 MTPA existing) to 4,500 MTPA
- Capital expenditure completed at approximately ₹20 Cr
- Funded through bank loans and internal accruals
- Trial batches commenced; commercial production to start shortly
Patel Chem Specialities disclosed that promoter group member Devansh Bhupesh Patel acquired 1,200 equity shares of the company on September 25, 2026. The acquisition was executed via an off-market transfer from seller Tulsi Chauhan. Given the very small quantity of shares involved, the transaction represents an immaterial fraction of total equity capital and does not meaningfully alter the promoter holding of 68.64%.
- Promoter group member Devansh Bhupesh Patel purchased 1,200 equity shares
- Transaction conducted via an off-market transfer from Tulsi Chauhan
- Transfer executed on September 25, 2026 and disclosed on September 28, 2026
Patel Chem Specialities Limited announced the voting results and Scrutinizer's Report for its 18th Annual General Meeting held on September 25, 2026. All four resolutions—including adoption of FY26 financial statements, re-appointment of Director Mrs. Anshu Bhupesh Patel, ratification of Cost Auditor remuneration, and approval of Related Party Transactions—were passed with 100% votes in favour. For the ordinary business resolutions, 1.76 crore votes (70.96% of total shares) were polled, while the related-party resolution saw 5.15 lakh non-promoter votes cast as interested promoters abstained.
- All 4 resolutions passed with 100% of votes polled in favour and 0 votes against
- Overall turnout for general resolutions stood at 70.96% (1,76,48,060 votes out of 2,48,70,000 total shares)
- Related party transactions resolution saw 5,14,680 public non-institutional votes cast (100% in favour) with promoters abstaining
- AGM had 22 shareholders attending in person or proxy (4 promoter, 18 public) from a total base of 1,061 shareholders
Patel Chem Specialities submitted its Annual Report for FY2025-26 under Regulation 34(1). For FY26, the company reported revenue of ₹139.08 crore (up 31.8% YoY from ₹105.55 crore) and a PAT of ₹12.55 crore (up 18.8% YoY from ₹10.57 crore). Net worth expanded significantly to ₹99.50 crore following its ₹58.80 crore IPO, reducing the net debt-to-equity ratio to 0.15x. Domestic sales contributed ₹115.91 crore while export sales stood at ₹21.35 crore.
- FY26 Revenue increased 31.8% YoY to ₹13,908.18 Lacs (₹139.08 Cr) compared to ₹10,555.18 Lacs in FY25
- FY26 PAT grew 18.8% YoY to ₹1,255.22 Lacs (₹12.55 Cr) with an EPS of ₹6.63
- Net worth rose to ₹9,949.95 Lacs (₹99.50 Cr) following the ₹58.80 Cr IPO
- Net Debt/Equity ratio reduced from 0.42x in FY25 to 0.15x in FY26
- Geographic revenue stood at ₹11,591.25 Lacs (Domestic) and ₹2,135.07 Lacs (Exports)
Patel Chem Specialities has scheduled its 18th Annual General Meeting for September 25, 2026. Key agenda items include adoption of FY26 financial statements and shareholder approval for omnibus Related Party Transactions (RPT) up to an aggregate limit of ₹65 Crore. The proposed RPT cap represents ~26.9% of the company's TTM revenue of ₹242 Crore, primarily driven by ₹25 Crore in sales to Patel Chem North America Inc. and transactions with promoter-linked entities. E-voting will take place from September 22 to September 24, 2026.
- 18th AGM scheduled for September 25, 2026, with remote e-voting open from September 22 to September 24, 2026.
- Seeking omnibus member approval for Related Party Transactions up to an aggregate ceiling of ₹65 Crore.
- Major RPT items include ₹25 Crore sale of goods to group entity Patel Chem North America Inc. and ₹15 Crore total trade with AV Cellulose.
- Provisions include ₹5 Crore each for acceptance of loans/advances from Managing Director Bhupesh Patel and Whole-Time Director Anshu Patel.
Patel Chem Specialities Limited announced the outcome of its Board meeting held on September 01, 2026. The Board approved the Directors' Report and scheduled the 18th Annual General Meeting (AGM) for September 25, 2026. The record date for AGM voting eligibility has been set as September 18, 2026. Additionally, the Board recommended the re-appointment of Director Mrs. Anshu Bhupesh Patel, who retires by rotation, and appointed RTBR & Associates as voting scrutinizer.
- 18th Annual General Meeting scheduled for September 25, 2026, at 11:00 AM
- Record date for AGM eligibility fixed as September 18, 2026
- Recommended re-appointment of Mrs. Anshu Bhupesh Patel (DIN: 02148403) retiring by rotation
- Approved Directors' Report and took note of Secretarial Audit Report for FY 2025-26
Patel Chem Specialities Ltd has scheduled a Board of Directors meeting on September 1, 2026. The board will consider routine corporate governance items, including the re-appointment of Director Mrs. Anshu Bhupesh Patel (retiring by rotation). Additionally, the board will approve the Directors' Report and Secretarial Auditor's Report for FY26, finalize the AGM notice, and set the AGM date, venue, and record date. This is a standard annual administrative filing with no financial or operational changes.
- Board meeting scheduled for Tuesday, September 01, 2026
- Agenda includes re-appointment of Mrs. Anshu Bhupesh Patel (DIN: 02148403) retiring by rotation
- Approval of Directors' Report and Secretarial Auditor's Report for FY 2025-26
- Fixation of date, venue, notice, and record date for the upcoming Annual General Meeting
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