How big is the Q1 loss relative to revenue?

The net loss of ₹64.42 lakh is about 3.7% of Q1 revenue of ₹17.57 crore. The company had reported a profit of ₹401.53 lakh in the preceding quarter.

Revenue fell from ₹20.61 crore a year ago, dragged by lower export sales. The company didn't provide specific segment breakdowns, but exports were the cited drag.

Is this a failure of the FY26 turnaround?

The Q1 loss reverses a profitable March quarter, but the year-on-year comparison shows improvement — the loss narrowed from ₹115.30 lakh in Q1 of last year. The jury is out.

What about the independent director appointment?

Sivarama Prasad Bhamidi was appointed as a non-executive independent director, effective July 20, 2026, subject to shareholder approval. It is a routine governance move with no direct financial impact.

What is Alkali Metals' market cap?

The company has a market cap of about ₹86 crore, making it a nano-cap chemical firm.

Earnings · Chemicals · Micro cap

Alkali Metals slips back into loss after profitable March quarter

Q1 net loss of ₹64.42 lakh reverses the ₹401.53 lakh profit from Mar 2026, as revenue drops 15% on weak exports.

— 1 earlier story on Alkali Metals Ltd. →

ALKALI By Tipsheet Editorial 20 Jul 2026 · 2:21 PM IST Verify on BSE · NSE

Mkt cap₹85.75 cr

P/E153.67×

ROE0.00%

Debt / eq.0.41

Div yld1.18%

₹64.42 lakh Q1 net loss after a profitable March quarter

What's new

Q1 net loss of ₹64.42 lakh, down from ₹401.53 lakh profit in Mar quarter
Revenue fell 15% YoY to ₹17.57 cr, hit by lower exports
Board appointed Sivarama Prasad Bhamidi as non-executive independent director

Why this matters

The swing back to a loss suggests the March quarter profit may have been a one-off. The export drag is worrying for a ₹86 cr market cap firm. Revenue is the real story.

What we're watching

Whether export revenue recovers in Q2
Any commentary on order book or demand outlook
Sustainability of FY26 turnaround

The full read

The quarter broke the turnaround. Net loss of ₹64.42 lakh followed a ₹401.53 lakh profit in March, and revenue dropped 15% to ₹17.57 crore because export sales weakened. On the bright side, the loss is smaller than the ₹115.30 lakh suffered a year ago, but that is faint praise for a ₹86 crore chemical firm that really cannot afford to lose money every quarter. A routine directorship change won't move the needle. The export recovery is all that matters now.

Questions answered

How big is the Q1 loss relative to revenue?: The net loss of ₹64.42 lakh is about 3.7% of Q1 revenue of ₹17.57 crore. The company had reported a profit of ₹401.53 lakh in the preceding quarter.
What drove the loss?: Revenue fell from ₹20.61 crore a year ago, dragged by lower export sales. The company didn't provide specific segment breakdowns, but exports were the cited drag.
Is this a failure of the FY26 turnaround?: The Q1 loss reverses a profitable March quarter, but the year-on-year comparison shows improvement — the loss narrowed from ₹115.30 lakh in Q1 of last year. The jury is out.
What about the independent director appointment?: Sivarama Prasad Bhamidi was appointed as a non-executive independent director, effective July 20, 2026, subject to shareholder approval. It is a routine governance move with no direct financial impact.
What is Alkali Metals' market cap?: The company has a market cap of about ₹86 crore, making it a nano-cap chemical firm.

Mentioned: Sivarama Prasad Bhamidi · ₹17.57 cr revenue

Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Company snapshot

Alkali Metals Ltd.

Chemicals

₹77 cr

P/E 72.73×

Latest quarter · Jun 2026

Sales₹18 cr

Net profit−₹1 cr

Op. margin−1.9%

EPS−₹0.63

Strength & growth

Debt / equity0.41×

Current ratio1.02×

Sales CAGR+2.0%

EPS CAGR−9.1%

Story so far

All notes on ALKALI →

20 Jul 2026 · 2:21 PM IST Alkali Metals slips back into loss after profitable March quarter
63d ago Alkali Metals swings to profit as revenue climbs to ₹93 cr