How did Vikram Thermo's FY26 results compare to the prior year?

Revenue from continuing operations grew 6.2% year-on-year to ₹134.10 crore. Net profit grew faster at 14%, reaching ₹38.50 crore.

What does the audit opinion say?

The statutory auditor issued an unmodified opinion on the FY26 financial statements, meaning no qualifications or concerns were raised.

Is there any new information in this filing beyond the earlier board meeting?

No. The rationale confirms the key financial figures were already disclosed in the board meeting outcome filed previously. This is the formal, audited presentation of those numbers.

Earnings · Chemicals · Micro cap

Vikram Thermo posts ₹38.5 cr profit, recommends ₹1.25 dividend

Full-year net profit rose 14% to ₹38.50 crore on ₹134.10 crore in revenue. The numbers were already disclosed in an earlier board filing.

— 1 earlier story on Vikram Thermo (India) Ltd. →

VIKRAMTH By Tipsheet Editorial 26 May 2026 · 5:24 PM IST Verify on BSE · NSE

Mkt cap₹743 cr

P/E19.31×

ROE6.67%

Debt / eq.0.05

Div yld0.52%

₹38.50 cr Net profit for FY26, up 14% year-on-year.

What's new

FY26 net profit rose 14% to ₹38.50 crore; revenue from operations grew 6.2% to ₹134.10 crore.
The board has recommended a dividend of ₹1.25 per share.
The audit opinion is unmodified; related-party disclosures are routine.

Why this matters

The results are a formal audited version of what was already disclosed in the prior board meeting filing. The growth is steady but unexceptional, and the dividend signals confidence without stretching the balance sheet.

What we're watching

Whether the 14% profit growth is sustained into FY27.
The final dividend payout ratio against FY26 earnings.
Any shift in the revenue mix from continuing operations.

The full read

Vikram Thermo's audited FY26 results formalise numbers already in the public domain. The company grew revenue from continuing operations 6.2% to ₹134.10 crore, and net profit expanded at a faster clip of 14% to ₹38.50 crore. The board is recommending a dividend of ₹1.25 per share. The audit opinion is clean, and related-party transactions are routine. This is a standard annual filing that adds procedural closure to previously disclosed performance. The headline isn't a surprise. It's confirmation of steady, single-digit topline growth flowing into double-digit profit growth, with a modest dividend to match.

Questions answered

How did Vikram Thermo's FY26 results compare to the prior year?: Revenue from continuing operations grew 6.2% year-on-year to ₹134.10 crore. Net profit grew faster at 14%, reaching ₹38.50 crore.
What does the audit opinion say?: The statutory auditor issued an unmodified opinion on the FY26 financial statements, meaning no qualifications or concerns were raised.
Is there any new information in this filing beyond the earlier board meeting?: No. The rationale confirms the key financial figures were already disclosed in the board meeting outcome filed previously. This is the formal, audited presentation of those numbers.

Mentioned: Vikram Thermo (India) Ltd. · ₹38.50 crore net profit · ₹1.25 per share dividend

Primary source BSE · NSE · Tijori

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

Company snapshot

Vikram Thermo (India) Ltd.

Chemicals

₹734 cr

P/E 19.06×

Latest quarter · Mar 2026

Sales₹38 cr

Net profit₹9 cr

Op. margin+31.7%

EPS₹2.72

Strength & growth

Debt / equity0.05×

Current ratio2.39×

Sales CAGR+13.4%

EPS CAGR+14.7%

Story so far

All notes on VIKRAMTH →

26 May 2026 · 5:24 PM IST Vikram Thermo posts ₹38.5 cr profit, recommends ₹1.25 dividend
41d ago Vikram Thermo posts FY26 numbers, recommends ₹1.25 dividend