DYNPRO - Dynemic Products
📢 Recent Corporate Announcements
Dynemic Products reported a consolidated net profit of ₹4.61 crore for the quarter ended December 31, 2025, representing a 4.8% increase from ₹4.39 crore in the same period last year. Total income for the quarter stood at ₹90.78 crore, a 5% decline compared to ₹95.59 crore in Q3 FY25, primarily due to lower sales volume or pricing. However, the company managed to improve its bottom line through efficient cost control, with material costs dropping to ₹38.31 crore from ₹40.99 crore YoY. For the nine-month period ending December 2025, the company showed strong performance with net profit surging 25.3% to ₹13.86 crore.
- Consolidated Net Profit grew 4.8% YoY to ₹4.61 crore in Q3 FY26.
- Total Income decreased by 5% YoY to ₹90.78 crore from ₹95.59 crore.
- 9-Month Net Profit surged 25.3% to ₹13.86 crore compared to ₹11.06 crore in the previous year.
- Cost of materials consumed decreased significantly to ₹38.31 crore from ₹40.99 crore YoY, aiding margins.
- Basic EPS for the quarter improved to ₹3.71 from ₹3.65 in the corresponding previous year quarter.
Dynemic Products reported a stable Q3 FY26 with revenue of ₹90.78 crore and a PAT of ₹4.61 crore. The company's 9-month performance was robust, with PAT growing 25.3% YoY to ₹13.86 crore. A key highlight is the massive debt reduction, with ₹125.52 crore in term loans repaid, leaving an outstanding balance of only ₹15.71 crore. EBITDA margins also showed improvement, reaching 13.97% due to better capacity utilization and cost management.
- YTD PAT increased by 25.3% YoY to ₹1,386 lakhs, reflecting strong bottom-line growth.
- Term loan debt was aggressively reduced by ₹125.52 crore, leaving only ₹15.71 crore outstanding as of Dec 2025.
- EBITDA margins expanded to 13.97% in Q3 FY26 from 13.76% in Q2 FY26, driven by operational efficiencies.
- Synthetic Food Colours segment remains the primary driver, contributing ₹5,512 lakhs to the quarterly revenue.
- Total installed production capacity stands at 22,644 MTPA across three strategically located plants in Gujarat.
Dynemic Products Limited has been penalized by both BSE and NSE for a 4-day delay in submitting its financial results for the quarter ended September 30, 2025. The exchanges have levied a fine of ₹5,000 per day, totaling ₹23,600 including GST. The company has been warned that failure to pay within 15 days could lead to the freezing of promoter shareholdings. Furthermore, repeated non-compliance for a second consecutive year could result in the stock being moved to the 'Z' group, which carries a risk of trading suspension.
- Fine of ₹5,000 per day imposed for 4 days of non-compliance with Regulation 33 of SEBI LODR.
- Total penalty amount payable to each exchange is ₹23,600 inclusive of 18% GST.
- Promoter shareholding faces potential freezing if fines are not settled within the 15-day window.
- Risk of 'Z' group classification and trading suspension if Regulation 33 defaults occur for two consecutive years.
- The Board of Directors must review the non-compliance and provide formal comments to the exchanges.
Dynemic Products Limited has announced the approval of its unaudited standalone and consolidated financial results for the quarter ended December 31, 2025. The Board of Directors met on February 13, 2026, to finalize these results in compliance with SEBI (LODR) Regulations. While the cover letter confirms the submission of the Limited Review Report, specific financial figures were not detailed in the summary text. Investors should review the full financial filing to assess the company's performance in the specialty chemicals and food colors market.
- Board approved unaudited standalone and consolidated financial results for the quarter ended December 31, 2025.
- The board meeting was conducted on February 13, 2026, from 11:00 AM to 12:35 PM.
- Submission includes the Limited Review Report as per Regulation 33 of SEBI (LODR) Regulations, 2015.
- The company has initiated the process to publish results in newspapers as required by regulatory norms.
Dynemic Products Limited has filed its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. The document confirms that the company's Registrar and Share Transfer Agent, Bigshare Services Private Limited, processed all dematerialization requests for the quarter ended December 31, 2025. The filing ensures that physical share certificates were properly mutilated and cancelled, and the depository names were updated in the register of members. This is a standard administrative procedure to maintain transparency in shareholding records.
- Compliance certificate submitted for the quarter ended December 31, 2025.
- Bigshare Services Private Limited confirmed processing of dematerialization requests.
- Security certificates were mutilated and cancelled within the mandated 15-day period.
- Verification confirms that dematerialized securities are listed on the relevant stock exchanges.
Dynemic Products Limited (DYNPRO) has notified the stock exchanges that its trading window will be closed starting January 1, 2026. This closure is a mandatory regulatory requirement under SEBI (Prohibition of Insider Trading) Regulations, 2015, preceding the announcement of financial results. The window will remain shut for all designated persons until 48 hours after the unaudited financial results for the quarter ended December 31, 2025, are declared. The specific date for the board meeting to approve these results has not yet been finalized.
- Trading window closure commences on Thursday, January 1, 2026
- Closure pertains to the declaration of unaudited financial results for the quarter ending December 31, 2025
- Window will reopen 48 hours after the official announcement of the quarterly results
- Board meeting date for result approval to be communicated separately
Financial Performance
Revenue Growth by Segment
The company operates in a single business segment: manufacturing and trading of food colors and chemicals. Consolidated total income for H1 FY26 was INR 183.82 Cr, representing a growth of 3.26% compared to INR 178.01 Cr in H1 FY25. However, Q2 FY26 revenue of INR 89.35 Cr saw an 8.7% decline compared to Q2 FY25 revenue of INR 97.90 Cr.
Profitability Margins
Net Profit Margin for H1 FY26 was approximately 5.04% (INR 9.26 Cr profit on INR 183.82 Cr revenue), an improvement from 3.75% in H1 FY25. This margin expansion is driven by a 16.25% reduction in finance costs and improved operational efficiencies.
EBITDA Margin
The EBITDA margin rose to 13.76% in Q2 FY26, showing a slight improvement over the previous quarter. This was supported by increased capacity utilization and steady market demand for specialty chemicals.
Credit Rating & Borrowing
CRISIL assigned a rating of 'ISSUER NOT COOPERATING' as of February 2020 due to lack of management interaction. Finance costs for H1 FY26 were INR 4.60 Cr, down 16.25% YoY from INR 5.49 Cr, reflecting a reduction in total debt.
Operational Drivers
Raw Materials
Cost of materials consumed represents the largest expense at INR 90.96 Cr for H1 FY26, accounting for 49.5% of total revenue. Specific chemical names were not disclosed.
Capacity Expansion
The company has a current total installed capacity of 22,644 MT per annum. This scalable infrastructure is intended to support future growth in the specialty chemicals sector.
Raw Material Costs
Raw material costs were INR 90.96 Cr in H1 FY26, down 2.38% from INR 93.18 Cr in H1 FY25. The company manages these costs through steady procurement despite market demand fluctuations.
Manufacturing Efficiency
Operational performance in Q2 FY26 was bolstered by increased capacity utilization across its 22,644 MTPA infrastructure.
Logistics & Distribution
Other expenses, which include distribution and logistics, amounted to INR 54.04 Cr in H1 FY26, representing 29.4% of total revenue.
Strategic Growth
Growth Strategy
Growth is targeted through the optimization of the 22,644 MTPA installed capacity and leveraging steady demand in the specialty chemicals market. The company focuses on financial prudence, evidenced by a 16.25% reduction in finance costs, to ensure long-term sustainability.
Products & Services
The company manufactures and trades food colors and specialty chemicals used in food, pharmaceutical, and cosmetic industries.
Brand Portfolio
Dynemic.
Market Expansion
The company aims to meet current demand while supporting future growth opportunities in the specialty chemicals sector using its scalable capacity.
Strategic Alliances
The company has an associate, Dynemic Holdings Pvt Ltd, and a subsidiary, Cerecon Bio Sciences Private Limited.
External Factors
Industry Trends
The specialty chemicals industry is seeing steady demand, particularly for certified food-grade colors. Dynemic is positioned to benefit from this trend due to its extensive regulatory certifications.
Competitive Moat
The company's moat is built on regulatory certifications including ISO 9001, FSSC 22000, FSSAI, EU, USFDA, Kosher, Halal, and WHO-GMP. These certifications are critical for the food and pharma sectors and serve as significant entry barriers.
Consumer Behavior
There is a consistent shift toward high-quality, regulated food colors, which aligns with Dynemic's certified product portfolio.
Regulatory & Governance
Industry Regulations
Operations are strictly governed by FSSAI (India), USFDA (USA), and EU regulatory requirements for food-grade products.
Environmental Compliance
The company maintains ISO 14001 certification and is committed to socio-environmental aspects beyond standard compliance norms.
Taxation Policy Impact
The effective tax rate for H1 FY26 was approximately 24.2% (INR 2.96 Cr tax on INR 12.25 Cr PBT).
Risk Analysis
Key Uncertainties
The primary business risk is the 'Issuer Not Cooperating' status from CRISIL, which may impact future credit availability. Raw material price volatility also remains a key uncertainty.
Credit & Counterparty Risk
Trade receivables decreased by INR 2.41 Cr in H1 FY26, suggesting healthy collections and low counterparty risk.