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Earnings · Fertilizers · Micro cap

Khaitan Chemicals Q1 profit nearly halves to ₹10.91 cr

Revenue declines to ₹220.94 crore as fertilizer segment drags; board scraps minor AoA change.

1 earlier story on Khaitan Chemicals & Fertilizers Ltd.
Mkt cap₹539 cr
P/E7.85×
ROE0.63%
Debt / eq.1.40
Div yld0.09%
₹21.41 cr → ₹10.91 cr YoY net profit from continuing operations

What's new

  • Q1 net profit from continuing ops nearly halves to ₹10.91 cr from ₹21.41 cr
  • Revenue drops to ₹220.94 cr from ₹234.32 cr
  • Board reverses earlier proposal to remove Common Seal from AoA

Why this matters

The profit halving is stark for a company with ₹539 cr market cap and debt/equity at 1.40. With ROE barely 0.6%, any earnings decline compounds the fragility.

What we're watching

  • Fertilizer segment margin trajectory in coming quarters
  • Debt servicing ability if profit stays compressed
  • Any demand commentary from management in subsequent filings

The full read

The trend is clear. Khaitan Chemicals' Q1 net profit from continuing operations nearly halved to ₹10.91 crore from ₹21.41 crore a year earlier, while revenue slipped to ₹220.94 crore from ₹234.32 crore. The fertilizers segment dragged, though chemicals outperformed. With debt/equity at 1.40 and ROE just 0.6%, even this routine quarterly disclosure carries weight: the margin for error is thin. The board's reversal of a procedural Common Seal tweak is noise. The real question is whether fertilizer margins can recover in the coming quarters.

Questions answered

How much did Khaitan Chemicals' net profit fall?
Net profit from continuing operations dropped to ₹10.91 crore from ₹21.41 crore year-on-year.
What caused the profit decline?
Revenue fell to ₹220.94 crore from ₹234.32 crore, and the fertilizers segment profit dropped sharply, though chemicals performed better.
What is Khaitan Chemicals' debt level?
The company's debt/equity ratio is 1.40, with a market cap of ₹539 crore.
Was the profit decline a surprise?
The results are routine quarterly disclosure, but the degree of profit fall was not guided earlier.
What did the board decide about the Common Seal?
The board revoked a May 2026 resolution to alter the AoA and removed the Common Seal clause, retaining existing provisions.
Primary source BSE · NSE · Tijori

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

Company snapshot

Khaitan Chemicals & Fertilizers Ltd.

Fertilizers
₹484 cr
P/E 8.31×

Latest quarter · Jun 2026

Sales₹221 cr
Net profit₹11 cr
Op. margin+10.7%
EPS₹1.13

Strength & growth

Debt / equity1.04×
Current ratio1.48×
Sales CAGR+9.8%
EPS CAGR+48.2%
  1. 13 Jul 2026 · 4:38 PM IST Khaitan Chemicals Q1 profit nearly halves to ₹10.91 cr
  2. 15d ago Khaitan Chemicals Q1 profit nearly halves to ₹10.91 cr