Khaitan Chemicals Q1 profit nearly halves to ₹10.91 cr
Revenue slides to ₹220.94 cr from ₹234.32 cr a year ago. Chemicals segment partly offsets fertilizer weakness. Auditor gives clean opinion.
— 1 earlier story on Khaitan Chemicals & Fertilizers Ltd. →What's new
- Q1 revenue fell to ₹220.94 cr from ₹234.32 cr YoY
- Net profit from continuing operations nearly halved to ₹10.91 cr from ₹21.41 cr
- Board revokes earlier resolution to alter Articles of Association on Common Seal
Why this matters
The profit drop confirms a weak start to FY27. Trailing PAT is already down 85.4%, and the fertilizers segment bore the brunt. The chemicals arm offered some relief, but the core fertilizer business remains under pressure.
What we're watching
- Whether the fertilizers segment recovers in coming quarters
- Growth trajectory of chemicals and speciality chemicals
- Debt reduction plans given debt/equity at 1.40
The full read
A weak start to FY27. Khaitan Chemicals & Fertilizers saw revenue drop to ₹220.94 crore from ₹234.32 crore a year ago, while net profit from continuing operations nearly halved to ₹10.91 crore from ₹21.41 crore in Q1 FY26. The fertilizers segment bore the brunt, though the chemicals and speciality chemicals arm put up a stronger performance. The auditor issued a clean review. In a procedural sideline, the board reversed an earlier plan to alter the Articles of Association, a routine housekeeping item. The profit fall is the headline, and with trailing PAT already down 85.4%, the pressure on earnings is clear — this is a company that needs the fertilizers cycle to turn.
Questions answered
- How much revenue did Khaitan Chemicals report in Q1?
- Revenue from operations was ₹220.94 crore, down from ₹234.32 crore in the same quarter last year.
- What was the net profit from continuing operations?
- It was ₹10.91 crore, nearly half of the ₹21.41 crore reported in Q1 FY26.
- Did any segment perform better?
- Yes, the chemicals and speciality chemicals segment posted stronger results, partly offsetting the sharp decline in the fertilizers segment.
- What did the board decide about the Articles of Association?
- The board revoked a May 2026 resolution to alter the Articles of Association by removing Common Seal provisions, opting to retain the existing clauses. This is a procedural move.
- What was the auditor's opinion?
- The statutory auditor issued an unmodified (clean) review opinion on the quarterly financials.
- What is the company's debt-to-equity ratio?
- As per the latest available data, the debt/equity ratio is 1.40, indicating moderate leverage.
Khaitan Chemicals & Fertilizers Ltd.
Latest quarter · Jun 2026
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All notes on KHAICHEM →- 13 Jul 2026 · 4:31 PM IST Khaitan Chemicals Q1 profit nearly halves to ₹10.91 cr
- 15d ago Khaitan Chemicals Q1 profit nearly halves to ₹10.91 cr