Fairchem Organics543252Quarterly results
Board Meeting Outcome: unaudited Q2 and H1 FY27 results; purchase of 2 land parcels from Chairman & MD
Board meeting on October 22, 2026 considered and approved the unaudited financial results for the quarter and six months ended September 30, 2026.
By ScoutQuest · · 3 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 16,692.38 | 11,152.27 | +49.7% | 17,614.57 | −5.2% |
| Total income | 16,707.08 | 11,189.70 | +49.3% | 17,649.32 | −5.3% |
| Profit before tax | 1,365.01 | 117.76 | — | 1,363.67 | +0.1% |
| Profit after tax | 1,016.76 | 77.22 | — | 1,001.38 | +1.5% |
| Total comprehensive income | 1,041.60 | 66.94 | — | 963.01 | +8.2% |
| Basic EPS | 8.07* | 0.59* | — | 7.95* | — |
- Total income - Year ago
- 11,189.70 (+49.3%)
- Period
- Quarter ended 30-Sep-2026
Also decided at the meeting
- Approved related party transaction to purchase 2 separate pieces of land (aggregate 6,182 Sq. Mtrs.) adjoining the plant from CMD Shri Nahoosh Jariwala and his relatives for Rs. 12.01 Crores, at arm's length.
Auditor's review
Conclusion: Unmodified
Notes to the results
- Exceptional item: additional employee benefit obligation of Rs.88.27 Lakhs recognised under new Labour Codes, disclosed as exceptional in results for year ended 31 March 2026.
- Buyback of 4,25,000 equity shares at Rs. 800/- per share (aggregate not exceeding Rs. 34 Crores) via tender offer completed; shares extinguished on January 27, 2026.
Results at a glance
The board considered and approved the unaudited financial results for the quarter and six months ended September 30, 2026, prepared under IND-AS.
- Revenue from Operations: Rs. 16,692.38 lakh in the quarter ended September 30, 2026, against Rs. 11,152.27 lakh in the quarter ended September 30, 2025.
- Total Income: Rs. 16,707.08 lakh for the quarter, against Rs. 11,189.70 lakh a year earlier.
- Profit for the Period After Tax: Rs. 1,016.76 lakh for the quarter, against Rs. 77.22 lakh in the same quarter last year.
- For the six months ended September 30, 2026: Revenue from Operations Rs. 34,306.95 lakh and Profit for the Period After Tax Rs. 2,018.14 lakh, against Rs. 24,258.58 lakh and Rs. 194.58 lakh respectively in the six months ended September 30, 2025.
- Basic and diluted Earnings Per Share (EPS) of Rs. 10/- each, not annualised: 8.07 for the quarter, against 0.59 a year earlier; 16.02 for the six months, against 1.49.
Auditor's review
The statutory auditors, B S R and Co, Chartered Accountants, issued a report dated October 22, 2026 expressing an unmodified review conclusion on the limited review of the financial results for the quarter and six months ended September 30, 2026. The update also carries the Statement of Assets and Liabilities as at September 30, 2026 and the Statement of Cash Flows for the six months ended September 30, 2026.
Purchase of land from the Chairman & MD
On the recommendation of the Audit Committee, the board approved a Related Party Transaction for the purchase of 2 separate pieces of land adjoining the company's plant.
- Counterparty: Shri Nahoosh Jariwala, Chairman & Managing Director, and his relatives, who are promoters of the company.
- Size of the agreement: Rs. 12.01 Crores, exclusive of stamp duty, registration fees and other related expenses, which shall be in actuals.
- Aggregate area: 6,182 Sq. Mtrs.
- Shareholding of the counterparty: 6.07%, considering entities holding shares in which he is interested.
- The update states the transaction is a related party transaction and is being done on an arm's length basis.
Other points from the notes
- The company has one reportable business segment, Specialty Chemicals, as almost all revenue is from domestic sales.
- Four new Labour Codes were implemented with effect from November 21, 2025; the company recognised an additional employee benefit obligation of Rs. 88.27 Lakhs, disclosed under exceptional items for the year ended March 31, 2026.
- At its meeting on November 20, 2025, the board had passed a resolution to buy back up to 4,25,000 Equity Shares of Rs. 10/- each fully paid-up, representing 3.26% of the total number of pre-buyback equity shares as at March 31, 2025, through a Tender Offer route at a price of Rs. 800/- per share, for an aggregate amount not exceeding Rs. 34 Crores. The offer ran from January 8, 2026 to January 14, 2026, settlement of valid bids was completed on January 21, 2026 and 4,25,000 equity shares were extinguished on January 27, 2026.
- Paid-up equity share capital is shown at Rs. 1,259.59 lakh (face value Rs. 10/- each).
What a retail investor can take away
- The update combines two things: the routine quarterly and half-yearly results, and a decision to buy land next to the plant from the promoter family. The land purchase is a related party transaction and the update states it is on an arm's length basis and was recommended by the Audit Committee.
- The results carry an unmodified review conclusion, which means the auditors did not flag any matter in their limited review.
- All figures quoted above are from the unaudited statements, and the earnings per share numbers are not annualised.
2,018.14 (Rs. in Lakhs)Profit for the Period After Tax, six months ended Sep 30
Profit for the Period After Tax, quarter ended Sep 301,016.76 (Rs. in Lakhs)
Profit after tax, quarter1,001.38 (Rs. In Lakhs)
6.07%Shareholding of counterparty (with entities he is interested in
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More numbers
- Revenue from Operations, quarter ended Sep 30, 202616,692.38 (Rs. in Lakhs)
- Profit for the Period After Tax, quarter ended Sep 30, 20261,016.76 (Rs. in Lakhs)
- Revenue from Operations, six months ended Sep 30, 202634,306.95 (Rs. in Lakhs)
- Profit for the Period After Tax, six months ended Sep 30, 20262,018.14 (Rs. in Lakhs)
- Size of land purchase agreement (excluding stamp duty and registration)Rs. 12.01 Crores
- Aggregate land area under the agreement6,182 Sq. Mtrs.
- Shareholding of counterparty (with entities he is interested in)6.07%
- Buyback price per equity shareRs. 800/-
- Total income, latest quarter16,707.08 (Rs. In Lakhs)
- Total income, year-ago quarter11,189.70 (Rs. In Lakhs)
- Total income, previous quarter17,649.32 (Rs. In Lakhs)
- Total comprehensive income, latest quarter1,041.60 (Rs. In Lakhs)
- Total comprehensive income, year-ago quarter66.94 (Rs. In Lakhs)
- Total comprehensive income, previous quarter963.01 (Rs. In Lakhs)
- Profit after tax, latest quarter1,016.76 (Rs. In Lakhs)
- Profit after tax, year-ago quarter77.22 (Rs. In Lakhs)
- Profit after tax, previous quarter1,001.38 (Rs. In Lakhs)
- Revenue from operations, latest quarter16,692.38 (Rs. In Lakhs)
- Revenue from operations, year-ago quarter11,152.27 (Rs. In Lakhs)
- Revenue from operations, previous quarter17,614.57 (Rs. In Lakhs)
- Profit before tax, latest quarter1,365.01 (Rs. In Lakhs)
- Profit before tax, year-ago quarter117.76 (Rs. In Lakhs)
- Profit before tax, previous quarter1,363.67 (Rs. In Lakhs)
- Basic EPS, latest quarter8.07*
- Basic EPS, year-ago quarter0.59*
- Basic EPS, previous quarter7.95*
- related_party_land_purchase_sizeRs. 12.01 Crores
Source: BSE · 22 Oct 2026
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