Tipsheet
What matters at India’s listed companies
Notes / Sector

Chemicals

60 recent notes from companies in this sector. 20 companies tracked.

Anchor companies · by market cap
Recent activity
Tue · 28 Jul
5
Earnings · Chemicals

Mangalam Organics revenue up 22%, profit down 40% in Q1

Consolidated net profit at ₹7.27 crore vs ₹12.23 crore a year ago. Second straight quarter of margin compression.

MANORG Micro cap 5:32 PM
6
Earnings · Chemicals

Mangalam Organics revenue up 22% but profit drops 41% on cost pressure

Q1 revenue rose to ₹179.09 crore but net profit fell to ₹7.27 crore as operating costs outpaced sales growth. Auditor switch and AGM dates are routine.

MANORG Micro cap 4:57 PM
6
Concalls · Chemicals

Fairchem lowers utilisation target, flags margin risk from Chinese dumping

Q1 revenue of ₹176 cr and 10.1% EBITDA margin, but management cuts FY27 capacity exit target to 70-75% and warns margin gains may not stick.

FAIRCHEMOR Micro cap 4:53 PM
8
Chemicals

Shentracon quits chemicals for jewellery, authorises ₹50 cr for fashion pivot

The nano-cap chemicals shell is becoming Midaas Fashions Limited, splitting its stock 1:2 and shifting its registered office to Maharashtra. The board also approved up to ₹50 crore for loans, investments, and guarantees.

SHENTRA Micro cap 3:57 PM
5
Earnings · Chemicals

Indian Toners Q1 net profit drops 22% as revenue slips

Revenue fell 7.4% YoY to ₹36.21 cr; net profit down 22.2% to ₹6.10 cr. Results within typical volatility for a nano-cap; auditor raised no concerns.

INDTONER Micro cap 2:17 PM
5
Chemicals

Indian Toners moves into premium pens — no material capex needed

The ₹303 cr toner maker is diversifying into imported writing instruments and stationery under its own brand, funded from existing resources, but disclosed no revenue targets or contract values.

INDTONER Micro cap 2:16 PM
6
Earnings · Trading

A-1 Ltd Q1 revenue triples to ₹175 cr, profit jumps 5x

Chemicals drove the top line; the board approved results on 28 July 2026.

A1L Micro cap 12:10 PM
Mon · 27 Jul
6
Earnings · Chemicals

Supreme Petrochem Q1 profit more than doubles to ₹236 cr

EBITDA margin expands to 19.5% on favourable styrene-polystyrene spread and inventory gains; board clears 80,000-tonne capacity addition.

SPLPETRO Mid cap 8:50 PM
6
Concalls · Chemicals

Tata Chemicals posts ₹17 cr loss, delays salt plant to 2028

Revenue rose 14% but soda ash oversupply kept net income in the red; the Valinokkam salt plant now starts in early 2028, and US exports to SE Asia remain at break-even.

TATACHEM Mid cap 8:27 PM
5
Earnings · Chemicals

Jubilant Ingrevia Q1 FY27 transcript: nothing new

The July 23 call was already aired live. The filed transcript is a routine record, not a catalyst.

JUBLINGREA Mid cap 8:08 PM
6
Earnings · Chemicals

Lords Chloro Alkali hits record quarter; net profit up 43%

Q1 FY27 total income of ₹106.57 cr and EBITDA margin of 21.42% are all-time highs. Results were pre-disclosed; the press release adds management colour.

LORDSCHLO Micro cap 7:58 PM
6
Earnings · Chemicals

Balaji Amines doubles profit, commissions India's first DME plant

Q1 net profit more than doubled to ₹78 cr as revenue rose 26% to ₹461 cr. The company also flagged completion of a 100,000 tpa dimethyl ether plant, a first for India.

BALAMINES Mid cap 7:30 PM
6
Chemicals

Supreme Petrochem approves ₹325-cr expansion, capacity to hit 380k tonnes

New polystyrene line at Amdoshi will add 80,000 tonnes per year, funded from internal accruals. Q1 profit more than tripled to ₹236 crore.

SPLPETRO Mid cap 7:11 PM
8
Chemicals

Lords Chloro Alkali board seeks ₹500 cr borrowing limit, exceeding its market cap

Proposed debt capacity tops ₹381 cr market cap; Q1 net profit jumps 43% to ₹14.95 cr.

LORDSCHLO Micro cap 6:59 PM
7
Chemicals

Supreme Petrochem Q1 profit jumps to ₹236 cr; board clears ₹325-cr expansion

Net profit surged to ₹236.3 cr from ₹80.9 cr, revenue up 24%. The board approved a ₹325 cr polystyrene line, funded internally, targeting March 2029 completion.

SPLPETRO Mid cap 6:52 PM
7
Chemicals

Supreme Petrochem net profit surges to ₹236 cr, board clears ₹325-cr expansion

Q1 standalone net profit rose to ₹236.33 crore from ₹80.92 crore a year ago. The board also approved an 80,000 TPA polystyrene line at Amdoshi, funded via internal accruals, raising total capacity to 380,000 TPA by March 2029.

SPLPETRO Mid cap 6:43 PM
5
Earnings · Chemicals

Tata Chemicals: Standalone rises but consolidated profit crashes 81%

Overseas soda ash weakness dragged consolidated EBITDA 14% lower and PAT down to ₹60 cr from ₹316 cr, even as domestic business posted strong growth.

TATACHEM Mid cap 6:35 PM
6
Earnings · Chemicals

Balaji Amines net profit surges 97% in Q1 FY27

Revenue climbs 27% to ₹455.9 cr as improved margins in core amines drive a decisive quarter for the specialty chemicals maker.

BALAMINES Mid cap 6:28 PM
6
Chemicals

Epigral bets ₹600 cr on epoxy, lifts growth target to 20%

Q1 revenue rose 15% to ₹709 cr with 25% margin as board clears forward integration into epoxy resins. Management targets ₹5,000 cr top line at optimal capacity.

EPIGRAL Small cap 6:09 PM
5
Earnings · Chemicals

Tata Chemicals' consolidated profit slides 81% as soda ash pressure persists

Standalone profit rose 12% to ₹343 crore, but group earnings were dragged by weak soda ash pricing and a joint venture loss. The segment reorganisation is cosmetic for now.

TATACHEM Mid cap 6:01 PM
6
Earnings · Chemicals

Tata Chemicals swings to ₹17 cr loss in Q1 despite 14% revenue rise

Consolidated revenue grew to ₹4,255 crore, but higher finance costs and depreciation pushed the bottom line into the red. Standalone profit, however, jumped to ₹343 crore.

TATACHEM Mid cap 5:54 PM
6
Concalls · Chemicals

Neogen raises revenue guidance, plans ₹600 cr QIP

Management lifts standalone revenue target to ₹950-1,050 cr; Dahej replacement plant on track for Q2 FY27; battery chemicals guidance maintained at ₹300 cr.

NEOGEN Mid cap 5:40 PM
6
Earnings · Chemicals

Tanfac targets 60%+ revenue growth in FY28 on HFC-32 plant

Tanfac's Q1 revenue rose 6.3% to ₹187 cr, but the real news is its FY28 revenue target of over 60% growth, backed by a ₹1,500-1,700 cr capex plan and a 20,000 MTPA HFC-32 plant 60% complete.

TANFACIND Small cap 4:22 PM
7
Chemicals

Epigral enters epoxy resins with two Dahej plants, capex undisclosed

Board approves a 125,000 TPA epoxy resin plant and a multi-purpose unit, both to be commissioned by H2FY28. The investment amount is not disclosed, leaving scale unmeasured.

EPIGRAL Small cap 2:18 PM
8
Chemicals

Epigral bets ₹600 cr on epoxy resins in strategic pivot

The chemicals company posted a 25% profit jump in Q1 and announced a capex equal to 12% of market cap to enter epoxy resins, drawing over half the input value from internal production.

EPIGRAL Small cap 2:15 PM
6
Earnings · Chemicals

Epigral Q1: Revenue up 16%, adjusted PAT jumps 24%

Excluding a one-time deferred tax credit in the base quarter, profit rose on volume recovery and sequential margin improvement. The company also incorporated a subsidiary for chemical manufacturing.

EPIGRAL Small cap 1:59 PM
5
Earnings · Chemicals

Epigral logs 16% revenue growth in Q1; PAT falls on one-time credit base effect

Revenue hit ₹705 cr, EBITDA margin in line with 25% guidance. PAT slipped to ₹99.18 cr as last year's ₹80.67 cr deferred tax credit didn't repeat.

EPIGRAL Small cap 1:55 PM
6
Earnings · Chemicals

Fairchem Organics posts 8x Q1 profit jump on revenue recovery

Net profit surges to ₹10.01 crore from ₹1.17 crore a year ago. Revenue up 34% to ₹176.15 crore. Specialty chemical demand bounces back.

FAIRCHEMOR Micro cap 12:49 PM
Sat · 25 Jul
8
Order Wins · Chemicals

IVP gets ₹136.81 cr eviction order quashed by court

A Mumbai court has thrown out the port authority's ₹136.81 crore eviction order, removing an existential threat for IVP. The matter now goes back for fresh hearing.

IVP Micro cap 3:44 PM
Tue · 21 Jul
5
Earnings · Chemicals

Himadri Speciality's Q1 transcript adds no new facts

Record revenue of ₹1,432 crore and PAT of ₹228 crore were already disclosed. The transcript recaps a live call; no fresh data emerges.

HSCL Large cap 7:32 PM
5
Earnings · Chemicals

Tatva Chintan transcript confirms known Q1 jump, no fresh triggers

The Q1 transcript adds nothing the live call and results filing didn't already deliver. Revenue up 43%, semiconductor qualified, ₹200 cr capex approved. All anticipated.

TATVA Small cap 5:24 PM
Mon · 20 Jul
6
Earnings · Chemicals

Rossari's margin slips to 11.6%, but management says that's the floor.

Q1 revenue rose 28% to ₹697 cr, but EBITDA margin fell 90 bps to 11.6%. The company now sees that as a near-term base and expects B2C exit to add 2-3 ppt.

ROSSARI Small cap 6:16 PM
7
Credit · Chemicals

Neogen eyes capital raise as battery project hits ₹1,795 cr

Board meets July 24 for Q1 results and multi-modal fundraising. No quantum disclosed, but capex need is clear and dilution costly at P/E of 178.

NEOGEN Mid cap 4:03 PM
6
Order Wins · Chemicals

Chemplast's EDC plant shut after fire, financial hit unclear

The Inspector of Factories issued a prohibition order on July 19, halting operations at the Karaikal EDC plant. Chemplast was already nursing a ₹45 cr net loss and a ₹898 cr impairment.

CHEMPLASTS Small cap 2:36 PM
5
Earnings · Chemicals

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.

ALKALI Micro cap 2:21 PM
Sat · 18 Jul
6
Earnings · Chemicals

Bhansali Engineering June quarter revenue ₹472 cr, profit ₹65 cr

Revenue jumps from ₹342 cr in March quarter and ₹308 cr a year ago. Board declares Re. 1 interim dividend, record date July 23.

BEPL Small cap 4:59 PM
5
Earnings · Chemicals

Rossari Q1 revenue up 28% to ₹6,972M; profit rises but dips sequentially

Revenue rose 28% YoY, net profit edged up to ₹351M from ₹336M. Sequential profit fell 24% due to seasonal fluctuations. Board approved trivial ESOP and subsidiary transfer.

ROSSARI Small cap 4:35 PM
5
Chemicals

Chemplast Sanmar's EDC plant fire adds to post-impairment strain

A minor fire at Chemplast's Karaikal EDC unit is insured and caused no injuries. But the company carries a ₹3,218 cr market cap, a ₹45 cr quarterly loss, and a fresh ₹898 cr PVC write-down.

CHEMPLASTS Small cap 10:35 AM
Fri · 17 Jul
6
Concalls · Chemicals

Tatva Chintan's Q1 revenue jumps 43%, semiconductor milestone in hand

Revenue at ₹167 crore as Phase Transfer Catalysts and Structure Directing Agents drive growth. First plant-scale batch of a semiconductor chemical qualified. ₹200 crore greenfield facility to break ground.

TATVA Small cap 6:18 PM
8
M&A · Chemicals

India Glycols gets NCLT nod for demerger, clears final hurdle

The National Company Law Tribunal approved the separation of bio-pharma and spirits businesses into Ennature Bio Pharma Ltd. and IGL Spirits Ltd., enabling independent listings.

INDIAGLYCO Mid cap 6:17 PM
5
Earnings · Chemicals

Chembond Q1 revenue up 25% to ₹72.4 cr, net profit jumps 43%

Standard quarterly update shows continued momentum in specialty chemicals and animal health; routine disclosure for a nano-cap.

CHEMBOND Micro cap 5:20 PM
8
Chemicals

Tatva Chintan bets ₹200 cr on Dahej-III, borrowing limit to ₹1,000 cr

Q1 revenue up 43%, net profit more than doubled. But the real news is the greenfield expansion: a 344 KL capacity bet worth 40% of annual revenue, funded by a first move into debt.

TATVA Small cap 3:49 PM
8
Chemicals

Amal doubles sulphur dioxide capacity with ₹12 cr capex

Board approves doubling daily output to 105 tonnes from 45. Standalone Q1 profit jumps to ₹2.43 cr from ₹0.19 cr, but low base and shutdown cloud comparability.

AMAL Micro cap 1:41 PM
Thu · 16 Jul
6
Chemicals

Clean Science takes warrant for 25% of Swiss HALS start-up

Subsidiary Clean-Fino Chem gets exclusive manufacturing rights for advanced HALS. Geneus Chem is a 2022 start-up with no disclosed scale. Near-term financial impact is low.

CLEAN Mid cap 7:00 PM
6
Earnings · Chemicals

Jayshree Chemicals posts Q1 profit, revenue up **55%**

The nano-cap chemical firm swung to a net profit of **₹7.34 lakh** from a loss a year ago, driven by its trading division. Revenue from continuing operations rose **55%** to **₹656.21 lakh**.

JAYCH Micro cap 6:11 PM
6
Concalls · Chemicals

Himadri Speciality targets ₹2,000 cr battery materials spend

Record Q1 revenue up 28%; lithium-ion battery materials and Birla Tyres turnaround anchor the five-year roadmap.

HSCL Large cap 5:37 PM
7
Chemicals

NCLAT dismisses insolvency appeal, Ganesh Benzoplast wins legal fight

The appellate tribunal closed a case that sought to drag the chemical firm into insolvency over a subsidiary's guarantee. The dispute is over with no penalty.

GANESHBE Micro cap 4:53 PM
5
Earnings · Chemicals

Machhar profit jumps 153% on AdBlue, transport strength

Net profit rises to ₹28.89 lakh in June quarter as revenue climbs 73%. AdBlue and transport lead, explosives turn profitable. But absolute profit remains modest for this ₹24 cr nano-cap.

MACIND Micro cap 4:11 PM
Wed · 15 Jul
8
Chemicals

Vikas EcoTech promoter arrested by ED under PMLA

Enforcement Directorate took Vikas Garg into custody on July 14. The nano-cap firm's promoter faces money-laundering charges linked to foreign transactions and FPIs.

VIKASECO Micro cap 9:34 PM
6
Chemicals

Alufluoride plant back to normal as raw material shortage resolves

The Visakhapatnam plant will resume full output after a Middle East supply disruption. The company flagged the cut on May 23, but now expects to procure enough Hydrofluosilicic Acid.

ALUFLUOR Micro cap 7:32 PM
5
Chemicals

Archean-backed Offgrid starts zinc-bromide battery pilot line

10 MWh facility in UK uses zinc-bromide chemistry that directly consumes Archean's bromine. No additional investment required.

ACI Mid cap 6:31 PM
6
Chemicals

DCW CEO Amitabh Gupta retires after 55 years; no successor named

A planned departure but the micro-cap chemical company has not disclosed who will take over, introducing key-person uncertainty.

DCW Small cap 6:24 PM
6
Earnings · Chemicals

Himadri Speciality notches record Q1 revenue, margins at 22%

Battery materials ramp-up and speciality mix drive ₹228 cr net profit; management flags LFP cathode plans.

HSCL Large cap 5:26 PM
6
Earnings · Chemicals

Himadri Speciality Chemical posts 28% revenue growth, approves ₹368 cr capex

Net profit at ₹228.43 crore for June quarter; board greenlights capacity expansion in Anthraquinone, carbon nano tubes, and super speciality carbon black.

HSCL Large cap 3:37 PM
8
Chemicals

DIC India fills CEO gap with parent veteran, elevates COO

New MD Hayato Kashiwagi from DIC Corporation takes over September 1; COO Asthana becomes Whole-Time Director, ending leadership uncertainty after CEO's sudden exit.

DICIND Micro cap 11:40 AM
7
Chemicals

Anupam Rasayan signs LOI for up to $300M battery chemical supply

Non-binding deal with Spanish solid-state battery maker BASQUEVOLT pushes into electronic chemicals, but execution risk is high.

ANURAS Mid cap 10:43 AM
Mon · 13 Jul
6
Earnings · Chemicals

Plastiblends profit soars 67.5% in Q1; margin gains seen temporary

Revenue up 11% to ₹22,161 lakhs, EBITDA margin widens 297 bps to 10.98% on inventory gains; company warns benefit may reverse as raw material prices cool.

PLASTIBLEN Micro cap 6:12 PM
Sat · 11 Jul
6
Earnings · Chemicals

Vikas EcoTech posts ₹0.13 cr profit; auditor flags governance red flags

KSMC & Associates issued a qualified opinion on FY26 results, citing insufficient audit evidence on investments, unapproved related party transactions, and recoverability of a ₹18.50 cr loan.

VIKASECO Micro cap 12:32 PM
Fri · 10 Jul
5
Chemicals

Grauer & Weil lubricants head resigns; long notice suggests orderly exit

Sanjay Koul steps down effective July 9, 2026. The role is not C-suite and the company is diversified across five segments, limiting strategic impact.

GRAUWEIL Small cap 5:02 PM
7
Order Wins · Chemicals

IVP gets MPCB to revoke Tarapur closure order within days

The Maharashtra Pollution Control Board lifted the plant shutdown order just two weeks after issuing it, removing a huge near-term risk for the nano-cap chemicals firm.

IVP Micro cap 1:48 PM