Yasons Chemex Care Limited (YCCL)
Latest quarterly results (H2 FY26)
In its latest reported quarter, H2 FY26, Yasons Chemex's revenue was ₹47.5 Cr (+0.8% year on year, -3.5% on the previous half-year), and net profit ₹-0.1 Cr (a smaller loss than a year earlier); the operating margin was -4.9%.
| H2 FY26 (₹ Cr) | Value | YoY vs H2 FY25 | vs prev. half |
|---|---|---|---|
| Revenue | ₹47.5 | +0.8% | -3.5% |
| Operating profit | ₹-2.3 | loss widened | to loss |
| Net profit | ₹-0.1 | loss narrowed | to loss |
| EPS (₹) | -0.04 | loss narrowed | to loss |
| Operating margin | -4.9% | — | — |
📢 Recent Corporate Announcements
Yasons Chemex Care Limited announced the voting results of its 9th Annual General Meeting held on September 30, 2026. All 7 resolutions were approved by shareholders with 100% of polled votes in favor. Key resolutions passed include the adoption of FY26 financial statements, reappointment of Director Pritesh Yashwantlal Shah, appointment of an Independent Director, and approval of related-party transactions with entities including Yash Chemex Limited, Yash Chem, Yash Corporation, and Rishit Polysurf LLP. A total of 10,931,592 votes were polled on ordinary business, representing 56.63% of the outstanding share capital.
- All 7 resolutions passed with 100% of cast votes in favor
- Total voter turnout represented 56.63% (10,931,592 shares) on standard resolutions
- Approval granted for related-party transactions with Yash Chemex, Yash Chem, Yash Corporation, and Rishit Polysurf LLP
- Total of 1,164 shareholders were registered on the record date of September 23, 2026
Yasons Chemex Care Limited announced the appointment of Mr. Krunal Tilakkumar Thakkar as Whole-Time Company Secretary and Compliance Officer, effective October 1, 2026. Mr. Thakkar brings over 6 years of experience in corporate governance and secretarial compliance, previously serving at Suvidha Infrastructure Private Limited from 2020 to September 30, 2026. Additionally, the company updated its authorized Key Managerial Personnel under Regulation 30(5) for determining materiality. This is a routine secretarial appointment that has no direct impact on the company's financial operations.
- Appointment of Mr. Krunal Tilakkumar Thakkar effective October 1, 2026
- Mr. Thakkar brings 6 years of experience as a Company Secretary
- Prior employment at Suvidha Infrastructure Private Limited spanned from 2020 to September 30, 2026
- Appointee holds nil shares and is unrelated to any board directors
- Board meeting commenced at 02:30 PM IST and concluded at 03:15 PM IST on October 1, 2026
Yasons Chemex Care Limited has issued notice for its 9th Annual General Meeting (AGM) scheduled for September 30, 2026. The company is seeking shareholder approval for material Related Party Transactions (RPT) with holding entity Yash Chemex Limited up to Rs 50.00 Cr per transaction. Additionally, the AGM will vote on the re-appointment of MD Pritesh Yashwantlal Shah and the regularisation of Independent Director Bhaveshkumar Rajnikant Shah for a 5-year term. E-voting will occur between September 27 and September 29, 2026, with a cut-off date of September 23, 2026.
- 9th AGM scheduled for September 30, 2026 at 12:00 PM IST in Ahmedabad.
- Shareholder approval sought for material Related Party Transactions with holding firm Yash Chemex Ltd up to Rs 50.00 Cr per transaction.
- Remote e-voting window open from September 27, 2026 (09:00 AM IST) to September 29, 2026 (05:00 PM IST).
- Cut-off date fixed as September 23, 2026 for voting entitlement.
- Proposal to appoint Bhaveshkumar Rajnikant Shah as Non-Executive Independent Director for a 5-year term from March 6, 2026 to March 5, 2031.
Yasons Chemex Care Limited's Board of Directors has approved the appointment of M/s N. H. Desai & Co., Chartered Accountants, as the company's Internal Auditor for the financial year ending March 31, 2027. The Board also approved convening the 9th Annual General Meeting (AGM) on September 30, 2026. In addition, CS Kunal Sharma was appointed as the scrutinizer to oversee the e-voting and ballot processes. These actions are standard corporate governance and statutory compliance matters.
- Appointed M/s N. H. Desai & Co. as Internal Auditor for the financial year ending March 31, 2027
- Scheduled the 9th Annual General Meeting for September 30, 2026, at 12:00 PM IST
- Appointed CS Kunal Sharma as Scrutinizer for the AGM voting process
Yasons Chemex Care Limited's Board approved the appointment of M/s N. H. Desai & Co., Chartered Accountants, as its Internal Auditor for FY2026-27. The Board also scheduled the 9th Annual General Meeting (AGM) for the fiscal year ended March 31, 2026, to be held physically on September 30, 2026, at 12:00 PM IST. Additionally, CS Kunal Sharma was appointed as the scrutinizer for the AGM voting process.
- Appointment of M/s N. H. Desai & Co. as Internal Auditor for the Financial Year ending 31st March 2027
- 9th Annual General Meeting scheduled for Wednesday, 30th September 2026 at 12:00 PM IST in physical mode
- CS Kunal Sharma appointed as scrutinizer for remote e-voting and venue ballot voting
- Board meeting conducted on 26th August 2026 from 12:00 PM IST to 12:30 PM IST
Financial Performance
Revenue Growth by Segment
The company operates in a single reportable segment (Specialty Chemicals/FMCG). Revenue from operations for FY 2024-25 was INR 45.84 Cr, representing a decrease of 3.85% compared to INR 47.67 Cr in the previous year. For the half-year ended September 30, 2025, revenue stood at INR 36.05 Cr.
Geographic Revenue Split
Not disclosed in available documents. The company is headquartered in Ahmedabad, Gujarat.
Profitability Margins
Net Profit Margin for FY 2024-25 was 3.52% (INR 1.61 Cr), an improvement from 2.60% (INR 1.24 Cr) in FY 2023-24. This growth was achieved despite lower operational income, primarily due to a 29.88% increase in Profit After Tax (PAT) attributable to shareholders.
EBITDA Margin
EBITDA Margin for FY 2024-25 was 4.74% (INR 2.17 Cr), a significant decline from 9.80% (INR 4.67 Cr) in the previous year. This 53.52% drop in core profitability was driven by a challenging external environment and restrictive monetary policies.
Capital Expenditure
The company raised INR 20.57 Cr through an Initial Public Offer (IPO) for business utilization. Property, plant, and equipment stood at INR 0.37 Cr as of March 31, 2025, compared to INR 0.43 Cr in the previous year.
Credit Rating & Borrowing
Finance costs for FY 2024-25 were INR 0.91 Cr, representing approximately 1.9% of total income. For the half-year ended September 30, 2025, finance costs were INR 0.36 Cr.
Operational Drivers
Raw Materials
Not disclosed in available documents. Total cost of materials consumed was INR 13.47 Cr and purchases of stock-in-trade were INR 30.85 Cr in FY 2024-25.
Raw Material Costs
Raw material costs and stock-in-trade purchases totaled INR 44.32 Cr in FY 2024-25, accounting for approximately 96.7% of revenue from operations. This high cost ratio significantly impacts operating margins.
Strategic Growth
Growth Strategy
The company aims to boost its stance in the specialty chemicals sector and broaden its product line to include FMCG and IMCG products. Growth will be achieved by gaining access to new markets and leveraging technological know-how to spur innovation.
Products & Services
Specialty chemicals, FMCG products, and IMCG products.
New Products/Services
Production of FMCG and IMCG products is being initiated to broaden the product line and enter new market segments.
Market Expansion
The company is targeting new markets through technological know-how and product diversification into consumer goods.
Strategic Alliances
The company holds a significant investment in Rishit Polysurf LLP, which contributed INR 0.38 Cr to profits in H1 FY 2025-26.
External Factors
Industry Trends
The specialty chemicals industry is evolving towards broader product lines including FMCG. YCCL is positioning itself by diversifying into these segments to mitigate sector-specific volatility.
Competitive Moat
The company's moat is built on technological know-how and its ability to access new markets through its subsidiary LLP, though sustainability is challenged by its small scale (Paid-up capital < INR 10 Cr).
Macro Economic Sensitivity
The company is highly sensitive to restrictive monetary policies and global economic shifts, which impacted EBITDA by 53.52% YoY.
Geopolitical Risks
Challenging external environments and restrictive policies are cited as key external risks affecting the specialty chemicals sector.
Regulatory & Governance
Industry Regulations
The company complies with Ind AS and the Companies Act 2013. It is currently exempt from certain SEBI corporate governance provisions (Regulations 17-27) due to its paid-up capital being below INR 10 Cr and net worth below INR 25 Cr.
Taxation Policy Impact
The effective current tax rate for FY 2024-25 was approximately 10.6% (INR 0.20 Cr tax on INR 1.91 Cr PBT).
Legal Contingencies
The company has disclosed pending litigations in Note 34 of its standalone financial statements, though specific case values were not provided in the summary.
Risk Analysis
Key Uncertainties
Key uncertainties include the potential for material misstatements due to fraud or error and the risk that internal financial controls may become inadequate due to changing business conditions.
Technology Obsolescence Risk
The company is addressing technology risks by seeking new technological know-how to spur innovation in its specialty chemicals and FMCG lines.
Credit & Counterparty Risk
Trade receivables increased by INR 6.50 Cr in the half-year ended September 2025, indicating rising credit exposure to customers.
