Dyes & Pigments
37 recent notes from companies in this sector. 16 companies tracked.
Organic Coatings' net worth nearly wiped out, loss widens 55%
Audited FY26 results show net loss of ₹3.26 cr, revenue slips to ₹28.10 cr, and net worth crumbles to just ₹2.27 lakh from ₹3.29 cr. No dividend, company secretary quits after a month.
Ishan Dyes posts Q4 profit, auditor flags ₹14.60 cr loan
Revenue doubled year-on-year, but the qualified audit opinion points to a related-party loan and inventory overvaluation worth roughly 11% of market cap.
Ishan Dyes auditor flags ₹14.60 cr loan, ₹2.85 cr inventory issue
Qualified opinion on FY26 results cites loan to related party with no active business and inventory overvaluation. Combined sum is ~11% of market cap. Q4 swung to profit but full-year loss widened.
Aksharchem starts 2.4 MW captive solar plant at Dahej
Generation started April 24; GEDA certificate received June 20. Captive use should trim power costs, though investment and savings undisclosed.
Sudarshan Chemical lines up meet with Abakkus after Heubach deal
Abakkus Diversified Alpha Fund, a long-only institutional investor, will hold one-on-one talks with Sudarshan on June 17. The meeting comes two months after the company set **€35M** EBITDA targets for Heubach.
Vipul Organics taps Swiss giant Omya to push pigments into Europe
The micro-cap lands an exclusive distribution deal across nine European countries with a partner that runs 160 plants in 50 nations.
Sudarshan's promoter family plans to step back from management
The quarterly transcript reveals a strategic shift toward professionalization, with the Heubach acquisition turning profitable and debt falling to ₹755 cr.
Asahi Songwon slashes Atlas API peak revenue target to ₹250–280 cr
Peak revenue for the pharmaceutical division is now a third of the previous ₹750–800 cr target. A one-time government refund propped up pigment margins last quarter.
Kiri plans ₹13,000 cr bet on copper; standalone revenue guided above ₹1,000 cr
The dyes business recovered in FY26, but the call's real payload was the Gujarat project's scale and the debt to fund it.
Asahi Songwon cuts Atlas API peak revenue target by two-thirds
Management now sees the combined Chhatral and Atlas units topping out at ₹250-280 cr without new capex, down from the ₹750-800 cr range cited in November 2025.
Kiri Industries turns ₹5,881 cr profit on DyStar settlement
A one-time gain from a multi-year legal battle has reset the company's balance sheet. Management plans to build copper and fertilizer plants in Gujarat with the proceeds.
Dynamic Industries posts ₹1.82 cr profit for FY26
The dyes and pigments manufacturer reported flat revenue growth of ₹71.58 cr and declared a final dividend of ₹1 per share.
Dynamic Industries posts modest growth and declares ₹1 dividend
The company reported Q4 FY2026 revenue of ₹158.37 crore, up from ₹148.98 crore in the prior year.
Shlokka Dyes repeats known IPO fund breaches in annual results
The audited accounts for FY26 restate deviations already flagged by the monitoring agency, with no new resolution for the ₹100 lakh unrecovered funds.
Shlokka Dyes spent ₹12.6 cr of IPO money on things the prospectus didn't approve.
The company's own accounts now quantify the excess working-capital use and unauthorised expenses. Revenue fell 21% to ₹81.9 crore.
Jaysynth Orgochem reports 11% revenue growth for FY26
The company posted standalone revenue of ₹255.37 crore, though net profit slipped to ₹14.75 crore from ₹15.89 crore in the prior year.
Jaysynth Orgochem sets up Hong Kong subsidiary for export push
The board approved a new wholly owned subsidiary in Hong Kong to support trading operations and recommended a dividend of ₹0.05 per share.
Sudarshan Chemical's Rathi family plans to exit promoter status
The founding family is stepping back from management, reversing prior pledges to increase their stake as the Heubach acquisition turns profitable.
True Colors transcript adds no new material information
The H2 and FY26 earnings transcript confirms previously disclosed guidance and capex plans, offering no new market-moving data.
Asahi Songwon's profit falls 5% on lower revenue in FY26
The nano-cap pigment maker's audited annual results confirm a modest decline, with no new information beyond prior disclosures.
Asahi Songwon revenue falls 4.8% as founder's son takes the CEO chair
FY26 sales declined to ₹53,548 lakh. The bigger shift is at the top, where the founder handed the CEO role to his son.
Asahi Songwon passes CEO role to founder's son as revenue slips
Consolidated revenue fell 4.8% in FY26. The company's founder stepped down as CEO, handing the role to his son.
Sudarshan Chemical sets targets for its Heubach acquisition
The company expects the newly acquired Heubach pigment business to generate €35 million in EBITDA this year, with a path to €100 million within four years.
Sudarshan Chemical confirms FY26 profit, recommends ₹5 dividend
The board approved audited results the market already saw. The only fresh number is a ₹5 per-share payout.
Sudarshan Chemical finalises FY26 results, declares ₹5 dividend
The board approved audited FY2026 numbers, which were already in the public domain. The cash payout is the only fresh detail.
Sudarshan's Q4 profit jumps to ₹120 cr as Heubach deal pays off
Standalone profit surged over five-fold to ₹120.4 crore, driven by improved margins and the post-acquisition earnings boost.
Shree Pushkar cuts FY27 revenue target by 17%, flags plant delays
Management lowered its revenue guidance to ₹1,250-1,300 crore, down from ₹1,500 crore, and delayed the commissioning of two new units amid raw material cost inflation.
Bhageria lights up 7 MW of its 32 MW solar project
A routine commissioning for the micro-cap, but the 32 MW plant is now a quarter live.
True Colors cuts growth guidance as demand slows
Management pivots to higher-value machines, trimming medium-term revenue growth targets from 30% to 22%.
Fundviser's bullion trade lifts revenue fivefold, but Q4 ends in the red
Standalone annual revenue jumped to ₹1,169.57 lakhs, yet profit stayed flat. The quarter ended in a ₹98.87 lakh loss.
Aksharchem swings to a full-year loss even as revenue grows
The specialty chemicals maker posted a net loss for FY26 despite top-line growth. Its only profitable quarter relied entirely on a non-operational tax credit.
Aksharchem's full-year loss wipes out last year's profit on rising revenue.
Revenue grew to ₹372.43 cr, but a full-year net loss of ₹43.86 lakhs replaces last year's ₹477 lakh profit. A deferred-tax credit masked a Q4 operating loss.
Aksharchem posts FY26 net loss; Q4 profit rests on a tax credit
The nano-cap chemical firm swung to a full-year loss of ₹43.86 lakh after profit of ₹477 lakh a year ago. A deferred tax credit masked an operating loss in the final quarter.
True Colors' H2 results add no new numbers beyond May filing
A follow-up press release recaps FY26 results but introduces no new financial data or guidance. Revenue and profit figures match the May 18 announcement exactly.
Genpharmasec revenue surges 4x, consolidated profit slips to ₹56.01 lakh
Standalone revenue jumped to ₹13,134.94 lakh from ₹3,296.07 lakh, but two loss-making subsidiaries dragged consolidated profit to just ₹56.01 lakh, with auditor flagging going-concern uncertainties.
Genpharmasec revenue quadruples but two subsidiaries bleed
Standalone sales hit ₹131 cr, aided by the Derren Healthcare acquisition. Auditor flags going concern doubts on two units despite parent's support.
Bodal Chemicals profit doubles in FY26 on revenue growth, SGST incentive
Consolidated net profit jumps to ₹478 mn from ₹185 mn; board also approves sale of non-core unit.