Chemicals
60 recent notes from companies in this sector. 20 companies tracked.
Tanfac Industries raises ₹173 cr via preferential issue, promoter ups stake
Anupam Rasayan India's holding to rise to 26.07% from 24.26%, signaling confidence. Issue separate from recent ₹250 cr QIP.
HOCL begins restart of Kochi phenol, hydrogen peroxide plants after June shutdown
Reopening activities started on 5 July, reversing the indefinite shutdown. No timeline for commercial production yet.
DIC India names Deputy CEO — but she doesn't start for a year
Manjusha Singh, Head of Sales & Marketing, named Deputy CEO effective July 4, 2026, as DIC India prepares for CEO departure in August. A non-statutory role hinting at internal succession.
Primo Chemicals takes full control of Flow Tech for ₹55 cr
The ₹1,418/share price is ~8% below independent fair value of ₹1,545. Flow Tech, a chlorine consumer, adds ₹341 cr revenue to Primo's consolidated books.
India Glycols' spirits arm brings in ex-Pernod Ricard exec as COO
The appointment of Manoj Kumar Rai is an operational reshuffle at a wholly-owned subsidiary, not a group-level shake-up. For a company valued at ₹6,404 crore, this is routine.
Vikas EcoTech profit tumbles to ₹1.27 cr; auditor issues qualified opinion
Audited FY26 standalone profit falls from ₹142.81 cr. Auditor flags missing evidence for investments, ICDs, and related party transactions without approvals. Multiple emphasis matters cited.
Mangalam Organics gets stable outlook after CRISIL lifts rating watch
Credit rating affirmed at BBB+/A2 with stable outlook, resolving uncertainty from July 2025 camphor plant fire. Subsidiary Mangalam Brands gets first-time rating of ₹80 crore facilities.
IVP's Tarapur unit shut by MPCB on pollution violations
Maharashtra Pollution Control Board orders immediate closure of IVP's manufacturing unit at Tarapur, Palghar. The company is already contesting a ₹136.81 crore eviction order from Mumbai Port Authority.
Diamines & Chemicals' subsidiary signs ₹40 cr land term sheet for new plant
DACL Fine Chem to acquire 50 acres in Kakinada SEZ for a chemical plant – a bet that amounts to 16.5% of the parent's market cap.
Gujarat Fluorochemicals to add R134A, tap Kigali refrigerant entitlements
The move fills a product gap and targets rising AC gas demand, but no investment or capacity figures were disclosed, limiting immediate materiality.
ED slaps provisional attachment on Vikas EcoTech promoter
A ₹174 cr nano-cap says the Enforcement Directorate has frozen its promoter's assets. The company insists business is unaffected, but the regulatory cloud is material for its size.
Gem Aromatics sets up Brazil subsidiary, commits up to ₹17 cr
Board approves WOS in Brazil for distributing essential oils and chemicals; total commitment of ₹17 cr exceeds 1.5% of market cap. Routine auditor reappointments also cleared.
Mangalam Organics names Manoj Mhapadi as new CFO as Rajule retires after 20+ years
Planned succession keeps finance leadership in-house; long-serving internal candidate takes over.
Manali Petro secures interim stay on adverse court order
The Madras High Court division bench granted relief subject to conditions. The company is assessing implications, but the dispute amount remains undisclosed.
HP Adhesives profit slumps 62% after ₹25 cr fire loss at Khalapur plant
Net profit fell to ₹6.98 cr for FY26 as a January fire at Unit I caused a ₹24.98 cr exceptional charge. Revenue flat, Q4 saw a net loss of ₹2.37 cr. Dividend maintained at ₹0.40.
Plastiblends promoters reshuffle ownership; group holding stays at 62.81%
Kolsite Corporation sold 1.77% equity between June 17-22, while Varun and Jyoti Kabra each bought 0.88%. Total promoter group unchanged.
HOCL's Kochi complex fully idle after phenol plant shutdown
The phenol plant joins an already-idle hydrogen peroxide unit, putting HOCL's entire manufacturing footprint offline with no restart date in sight.
Foseco India gets ₹11.99 cr for subsidiary stake, vs ₹134.75 cr estimate
Actual proceeds from selling 1.77% of Foseco Crucible were 91% below the May estimate, but the deal is only 0.3% of market cap.
Crestchem revenue up 18% but profit flat at ₹2.71 cr
Revenue grew to ₹29.61 crore in FY26, but net profit stayed virtually unchanged at ₹2.71 crore. Board recommends ₹1.50 dividend per share.
Crestchem's FY26 revenue rises 18% but profit flat
Net profit nearly unchanged at ₹2.71 cr on revenue of ₹29.61 cr. Board recommends ₹1.50 dividend and formalizes ₹2.25 cr subsidiary investment.
Bandhan MF buys into SH Kelkar, just crossing the 5% threshold
A ₹2 crore open-market purchase lifts Bandhan's stake to 5.0064% in the fragrance maker. For a ₹1,898 cr company, the signal is stronger than the money.
Fineotex Chemical draws Abakkus Asset Manager for Mumbai investor meet
The ₹4,567-cr specialty chemical company will host 11 institutions on June 17, including the closely tracked Abakkus, signaling growing investor interest.
Archean promoter pushes pledged stake to 12.4% in 8-day shuffle
Chemikas Speciality LLP created pledges on 89 lakh shares and released 59 lakh shares, net increase of 2.42 ppt. The move suggests debt restructuring, not distress.
Anupam Rasayan scores a global first in ETFA production
The company claims a world-first commercialisation of Ethyl trifluoroacetate via continuous flow chemistry, with an addressable market of **$500–600M** but no revenue number yet.
Mumbai Port orders IVP to pay ₹136.81 cr — 80% of its market cap
The estate officer's order turns a decades-old lease dispute into a concrete, company-sized claim. IVP's market cap is ₹173 cr.
Kesar pulls in ₹21 cr from promoters as non-promoter warrants expire
Two promoter-group holders paid up on 1.5 crore warrants, bringing in ₹21.15 crore. Another 52 lakh warrants lapsed, forfeiting ₹2.44 crore in upfront money.
Ganesh Benzoplast cuts margin guidance, flags higher JNPT lease costs
On its annual concall, the micro-cap storage firm guided EBITDA margins on new capacity to 80%, down from 90%, and disclosed a ₹25 crore annual lease cost, 25% above its prior estimate.
Fineotex's US arm is doubling down on Texas oilfield chemicals.
CrudeChem Technology is adding 150 million pounds of manufacturing capacity in Texas, lifting its total to 350 million pounds annually.
Medi-Caps loses CFO Hemant Sethi days after posting a ₹3 crore loss
The nano-cap's chief financial officer resigned effective June 6 with no replacement named. The company just reported a full-year net loss of ₹3.04 crore.
Advance Petro posts full-year profit of ₹2.93 lakh, down 90% on year
A nano-cap specialty chemicals maker reports a near-total collapse in annual profit. Q4 showed a rebound, but the year's damage was already done.
Indo Borax's earnings call adds nothing to the May 24 results
The Q4/FY26 transcript is a procedural release of management commentary already disclosed with the financials.
DGFT halves Nitta Gelatin's raw material allowance. It plans to fight back.
New norms slash the permissible gel bones input per tonne of output by 47%, targeting the micro-cap's import-heavy cost base. The company is seeking reconsideration.
Neomile cuts Stallion stake by 2.53% in open-market exit
The non-promoter investor sold nearly a quarter of its holding in four days, dropping below 10%. For a ₹2,261 crore company, that's material.
Lords Chloro Alkali profit surges 361% on solar push
Net profit hit ₹28.49 cr in FY26 on ₹393.10 cr revenue. A 21 MW solar plant in Rajasthan is due online by mid-June, lifting captive renewable energy above 40% of power use.
Yug Decor promoter buys 0.16%. In a ₹32 crore company.
The open-market purchase over two days is a rounding error in a nano-cap. The filing is a routine SAST disclosure.
Sigachi guides for ₹650-675 cr revenue in FY27 as margins target recovery
Management expects EBITDA margins to bounce back to 18-20% in the coming fiscal year, while a new 12,000-tonne MCC plant is on track for a Q4 launch.
IVP's ex-employee accused of fraud now sues the company.
Ravi Ranjan Jha, the former staffer at the centre of a ₹613 lakh fraud investigation, has filed a civil suit against IVP Ltd and its officials.
Syschem hands MD role to Suninder Veer Singh, Jain stays as WTD
Promoter-group rejig at the ₹232 cr nano-cap lifts combined fixed management cost to ₹1.68 cr/year. Shareholders have to ratify via postal ballot.
Finolex's Q4 earnings call transcript adds nothing new to a known story
The formal record of the May 27 call confirms the already-released numbers: ₹332 crore EBITDA and a sub-15% margin guide for FY27. No surprises.
DIC India's CEO resigns. No successor named.
Manish Bhatia's exit at the end of August leaves the ₹460 cr nano-cap without a leader or a plan.
Elantas Beck to spend ₹56 cr on a 31% capacity boost at Ankleshwar
The specialty chemicals maker is funding the expansion from internal accruals and expects a 12-month build-out.
Chemplast's ₹898 cr PVC impairment dominates a routine earnings call.
The Q4/FY26 transcript adds no new information beyond the May 25 board disclosures. Management's focus was on explaining the large write-down and the strategic review.
HOCL's Kochi phenol plant shutdown is indefinite with no restart date
A 10-day planned shutdown has been extended indefinitely. The sole production unit for a core chemical is offline for statutory pipeline testing and extra maintenance.
Fischer Medical Ventures swung to a ₹71 cr loss in Q4
Consolidated full-year revenue tripled to ₹3,086 crore, yet the company ended its final quarter in the red as costs climbed.
Zinema Media scraps ₹82 cr deal plan as profits remain microscopic.
The company abandoned a capital restructuring plan valued at 600% of its market cap while reporting a thin annual profit of ₹37.74 lakhs.
Asian Petroproducts swings to profit, but auditors flag tax lapses
The company reported a profit of ₹1.21 crore for FY26 as revenue climbed 62%. Statutory auditors issued a qualified opinion, citing persistent tax and employee benefit accounting issues.
Sigachi pushes Hyderabad recovery to mid-2027, gives mixed FY27 guidance
The fire-damaged plant's commercialization is now 12 months later than guided. The company still expects 35% revenue growth next year.
Sigachi's FY26 loss of ₹82.8 cr confirms the fire's full financial toll
Exceptional charges from last year's factory fire totaled ₹118.2 crore, swinging the company to its first annual loss. Revenue fell 2% as production remained disrupted.
Denis Chem Lab posts ₹8.41 cr profit, declares ₹2.50 dividend
Annual profit rose 4% but the real news is the 3.4% dividend yield from a ₹101 crore market-cap company.
Premier Explosives guides for 50% revenue growth, but a key plant slips again
Management targets ₹600-700 crore for FY27 on a record order book, but the Kattupalli expansion is now a November production date.
Jayant Agro recommends a ₹3.50 dividend. It didn't include the earnings to back it.
The board approved the payout and renewed four directors. The actual FY26 financials were not part of this announcement.
Indian Acrylics posts FY26 loss; auditors flag going-concern risk
Net worth has eroded to negative ₹147.68 cr. The auditor has raised a material uncertainty warning.
Adline Chem Lab earned nothing in FY26. Its net worth is now negative.
Zero revenue for the full year has left accumulated losses of ₹7.62 cr exceeding the company's ₹5.85 cr paid-up capital.
Seya Industries posts ₹287 lakh loss with zero revenue as insolvency drags on
FY26 results for the insolvent chemical company are a procedural formality. Operations remain shut.
Triliance Polymers: two years of zero revenue, no plan to change that
The nano-cap's entire income of ₹53.57 lakh comes from non-operating sources. Net profit fell to ₹23.23 lakh.
Jubilant Ingrevia's call transcript quantifies a ₹3,500 cr CDMO pipeline
The verbatim Q4/FY26 call transcript provides the peak-revenue estimate for over 100 CDMO opportunities and details a hedge against customer stress.
ZR2 Bioenergy posts zero revenue, ₹1 cr profit from other income
Nano-cap ZR2 Bioenergy, amid a bioenergy pivot, reports no operational revenue for FY26. The ₹1 crore net profit came entirely from other income, confirming a pre-revenue transition state.
Yug Decor's full-year profit is ₹7.66 lakh. That's the whole story.
A nano-cap with ₹38.75 cr in revenue managed just ₹7.66 lakh in profit for the year. The second half turned a first-half loss into a marginal full-year number.
Phyto Chem's ₹6.22 cr NCLT claim is 68% of its annual revenue.
The nano-cap reported a net loss of ₹1.80 crore on revenue that fell 36% to ₹9.07 crore. A separate insolvency claim against a debtor now equals two-thirds of its top line.
Technichem's profit drops 32.5% as raw-material costs erase flat revenue.
Net profit fell to ₹2.72 crore despite revenue holding at ₹56.56 crore, with input costs and higher depreciation squeezing margins.