Daikaffil Chemicals revenue doubles, but losses widen to ₹2.14 crore
Revenue hit ₹13.35 crore for FY26, yet higher material and employee costs pushed the net loss deeper than the prior year's ₹1.59 crore.
— 1 earlier story on Daikaffil Chemicals India Ltd. →What's new
- Standalone revenue climbed to ₹13.35 crore from ₹7.50 crore in FY25.
- Operating expenses rose by 63%, widening the net loss to ₹2.14 crore.
- The company presented consolidated results for the first time due to its subsidiary, Mikusu Global Industries.
Why this matters
Top-line growth is meaningless if it cannot be converted into profit. With operating expenses rising faster than revenue, the company faces a persistent profitability hurdle that its new subsidiary must eventually clear.
What we're watching
- Whether the new subsidiary, Mikusu Global Industries, can contribute to the bottom line.
- Management's plan to control the 63% spike in operating expenses.
- Future consolidated reports to see if the subsidiary improves margins.
The full read
Daikaffil Chemicals reported a sharp recovery in its top line for FY26, with standalone revenue reaching ₹13.35 crore compared to ₹7.50 crore in the previous year. The company remains unprofitable. Net losses widened to ₹2.14 crore from ₹1.59 crore in FY25, as operating expenses surged by 63% due to higher material and employee benefit costs. This year marks the first time the company has presented consolidated financial statements, reflecting the start of operations at its subsidiary, Mikusu Global Industries Ltd. For a nano-cap firm with a market capitalization of just ₹20 crore, the path to profitability is the primary concern. The next test is whether the new subsidiary can offset these persistent operating pressures. The board has retained SPSJ & Associates LLP to oversee internal controls for the upcoming year.
Questions answered
- How did the company's financial performance change year-over-year?
- Revenue nearly doubled to ₹13.35 crore from ₹7.50 crore. However, the net loss widened to ₹2.14 crore from ₹1.59 crore due to a 63% increase in operating costs.
- Why are there consolidated financial statements this year?
- This is the first time the company has prepared consolidated statements because its subsidiary, Mikusu Global Industries Ltd., has commenced operations.
- Who will oversee internal controls for the next fiscal year?
- The board re-appointed SPSJ & Associates LLP as internal auditors for the 2026-27 financial year.
- What is the scale of the company?
- Daikaffil Chemicals is a nano-cap entity with a market capitalization of approximately ₹20 crore.
Story so far
All notes on DAIKAFFI →- 28 May 2026 · 2:33 PM IST Daikaffil Chemicals revenue doubles, but losses widen to ₹2.14 crore
- today Daikaffil Chemicals doubles revenue but losses widen to ₹2.14 crore