Fairchem Organics543252Quarterly results

Board approves Q2 FY27 results; related-party purchase of 2 land parcels for Rs. 12.01 Crores

Board approved Q2 FY27 unaudited results: revenue Rs. 16,692.38 lakh, PAT Rs. 1,016.76 lakh, EPS Rs. 8.07.

By ScoutQuest · Thu 22 Oct 2026, 4:31 PM IST · 3 min read

6.07%Counterparty shareholding (entities in which he is interested

Counterparty shareholding (entities in which he is interested: 6.07%.

Unaudited financial results for the quarter and six months ended September 30, 2026, prepared under IND-AS, along with the statement of assets and liabilities and the cash flow statement.
The statutory auditors, M/s B S R and Co, expressed an unmodified review conclusion on the limited review of these results.
On the Audit Committee's recommendation, the board approved a related party transaction for the purchase of 2 separate pieces of land adjoining the company's plant.

Buyer: Fairchem Organics Limited. Sellers: Shri Nahoosh Jariwala and his relatives, who are promoters of the company.
Size of the agreement: Rs. 12.01 Crores, exclusive of stamp duty and registration fees and other related expenses, which shall be in actuals.
The 2 separate pieces of land admeasure in aggregate 6,182 Sq. Mtrs.
The sellers' shareholding is stated as 6.07%, considering entities holding shares in which he is interested.
The company states the transaction is a related party transaction and is being done at "arm's length" basis.

Revenue from operations: 16,692.38 for the September 2026 quarter, against 11,152.27 a year earlier; 34,306.95 for the six months, against 24,258.58.
Total expenses: 15,342.07 for the quarter, against 11,071.94.
Profit before tax: 1,365.01 for the quarter, against 117.76; 2,728.68 for the six months, against 279.32.
Profit for the period after tax: 1,016.76 for the quarter, against 77.22; 2,018.14 for the six months, against 194.58.
Earnings per share (face value Rs. 10 each, not annualised): basic and diluted 8.07 for the quarter, against 0.59; 16.02 for the six months, against 1.49.
Total comprehensive income: 1,041.60 for the quarter, against 66.94.

Balance sheet points (as at September 30, 2026, Rs. in Lakhs)

Total assets 39,843.09, against 39,097.93 as at March 31, 2026.
Total equity 28,182.68, against 26,304.03.
Current borrowings 6,865.32, against 8,378.23.
Cash and cash equivalents 0.57, against 1.35.
Net cash generated from operating activities for the six months 2,405.23, against 3,065.82 a year earlier.

The board had resolved on November 20, 2025 to buy back up to 4,25,000 equity shares of Rs. 10 each, representing 3.26% of pre-buyback shares as at March 31, 2025, through the tender offer route at Rs. 800 per share, for an aggregate amount not exceeding Rs. 34 Crores.
Members approved the special resolution on December 26, 2025; the offer ran from January 8, 2026 to January 14, 2026; settlement was completed on January 21, 2026 and the 4,25,000 shares were extinguished on January 27, 2026.

Buying land next to the existing plant is a capacity- or infrastructure-related step, and the update notes the parcels adjoin the plant.
Because the sellers are the Chairman & Managing Director and his relatives, this is a related party transaction; the money goes to promoter-family entities. The company's stated position is that it is at arm's length, and the Audit Committee recommended it before the board approved it.
The results are unaudited and have been subjected to a limited review, not a full audit; the auditors' conclusion is unmodified.
The numbers above are the ones printed in the update, in Rs. in Lakhs, so they should be read with that unit in mind.

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