Board approves Q2 and H1 results; auditors find nothing indicating material misstatement
Board meeting on 27 October 2026 approved the unaudited standalone and consolidated financial results for the quarter and half year ended 30 September 2026.
By ScoutQuest · · 3 min read
| Line item | Latest | Year ago | YoY | Prev qtr | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 139423 | 112073 | +24.4% | 130027 | +7.2% |
| Total income | 140326 | 113154 | +24% | 131049 | +7.1% |
| Profit before tax | 14798 | 9286 | +59.4% | 14086 | +5.1% |
| Profit after tax | 11143 | 6947 | +60.4% | 10582 | +5.3% |
| Total comprehensive income | 10973 | 7693 | +42.6% | 11088 | −1% |
| Basic EPS | 7.07 | 4.40 | +60.7% | 6.70 | +5.5% |
- PAT YoY growth
- +60.4%
- Period
- 30 September (Unaudited) 2026
Auditor's review
Conclusion: Unmodified
Notes to the results
- Company entered a Binding Term Sheet with Zettaone Technologies India Pvt Ltd to acquire a 40% stake for approx. ₹18920 lakhs; incorporated Jubilant Advanced Electronics Limited (WOS) on 12 October 2026.
- New Labour Codes: additional employee benefit expense of ₹1222 lakhs (standalone) presented as Exceptional Items for year ended 31 March 2026; impact of Code of Wages Rules, 2026 under evaluation.
- Final dividend of ₹2.5 per equity share of ₹1 each amounting to ₹3982 lakhs for FY ended 31 March 2026 paid during the quarter after AGM approval on 26 August 2026.
- Outstanding unsecured listed commercial papers of ₹10000 lakhs as on 30 September 2026, due 23 December 2026.
What the board approved
The Board of Directors met on Tuesday, 27 October 2026 from 11:10 a.m. to 02:00 p.m. and approved the unaudited standalone and consolidated financial results of the company for the quarter and half year ended 30 September 2026, along with the limited review reports issued by the statutory auditors.
Auditor's review conclusion
Walker Chandio & Co LLP reviewed both the standalone and consolidated statements. Its conclusion: based on the review, nothing has come to its attention that causes it to believe the statement, prepared in line with Ind AS 34, has not disclosed the information required or contains any material misstatement. The reports note that a review is substantially narrower in scope than an audit and no audit opinion is expressed.
Key standalone numbers (as printed, ₹ in lakhs)
- Total revenue from operations: 122595 for the quarter ended 30 September 2026, against 105418 in the quarter ended 30 September 2025; 247860 for the half year, against 202726.
- Total income: 123572 for the quarter, against 106509 a year earlier.
- Profit for the period: 7040 for the quarter, against 4403; 19662 for the half year, against 10304.
- Basic and diluted earnings per share (₹ 1 each): 4.42 for the quarter, against 2.77; 12.34 for the half year, against 6.47.
Segment picture (standalone, quarter)
- Speciality Chemicals segment revenue 59474, Nutrition & Health Solutions 26871, Chemical Intermediates 48532.
- Segment results (profit before tax and interest): Speciality Chemicals 9985, Nutrition & Health Solutions 2192, Chemical Intermediates 1338.
Strategic investment in Zettaone
During the quarter, the company entered into a Binding Term Sheet with Zettaone Technologies India Private Limited to acquire a 40% strategic equity stake for an aggregate consideration of approximately ₹ 18920 lakhs. For the proposed acquisition, the company incorporated Jubilant Advanced Electronics Limited, a wholly owned subsidiary, on 12 October 2026. The update states the investment is aligned with the company's Pinnacle growth strategy and is expected to strengthen its presence in the Electronics Development and Manufacturing Services (EDMS) space.
Other disclosures in the results notes
- Unsecured listed commercial papers outstanding as on 30 September 2026: ₹ 10000 lakhs, listed on the National Stock Exchange of India.
- During the quarter, 42298 stock options were granted to eligible employees, and 41989 equity shares were allotted on exercise of vested stock options.
- A final dividend of ₹ 2.5 per equity share of ₹ 1 each, amounting to ₹ 3982 lakhs for the year ended 31 March 2026, was paid during the quarter after shareholders' approval at the Annual General Meeting held on 26 August 2026.
- An additional employee benefit expense of ₹ 1222 lakhs, described as material and non-recurring, was presented under Exceptional Items in the financial results for the year ended 31 March 2026, linked to the New Labour Codes.
Ratios disclosed (standalone)
- Operating margin 8.49% and net profit margin 5.70% for the quarter ended 30 September 2026.
- Debt equity ratio 0.23 times and current ratio 1.13 times as at 30 September 2026.
- Net worth 280244 (₹ in lakhs) as at 30 September 2026, against 264006 as at 31 March 2026.
How to read this
These are unaudited results for the quarter and half year, reviewed (not audited) by the statutory auditors. The update combines the numbers with a strategic-investment disclosure and a dividend already paid during the quarter, so readers can judge the operating performance alongside these corporate actions.
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More numbers
- Total revenue from operations, standalone, quarter ended 30 Sep 2026122595 lakhs
- Total income, standalone, quarter ended 30 Sep 2026123572 lakhs
- Profit for the period, standalone, quarter ended 30 Sep 20267040 lakhs
- Total revenue from operations, standalone, half year ended 30 Sep 2026247860 lakhs
- Strategic equity stake to be acquired in Zettaone Technologies40%
- Aggregate consideration for Zettaone stake₹ 18920 lakhs
- Outstanding unsecured listed commercial papers as on 30 Sep 2026₹ 10000 lakhs
- Final dividend per equity share for year ended 31 Mar 2026₹ 2.5
- Total income, latest quarter140326 (₹ in Lakhs)
- Total income, year-ago quarter113154 (₹ in Lakhs)
- Total income, previous quarter131049 (₹ in Lakhs)
- Total comprehensive income, latest quarter10973 (₹ in Lakhs)
- Total comprehensive income, year-ago quarter7693 (₹ in Lakhs)
- Total comprehensive income, previous quarter11088 (₹ in Lakhs)
- Profit after tax, latest quarter11143 (₹ in Lakhs)
- Profit after tax, year-ago quarter6947 (₹ in Lakhs)
- Profit after tax, previous quarter10582 (₹ in Lakhs)
- Revenue from operations, latest quarter139423 (₹ in Lakhs)
- Revenue from operations, year-ago quarter112073 (₹ in Lakhs)
- Revenue from operations, previous quarter130027 (₹ in Lakhs)
- Profit before tax, latest quarter14798 (₹ in Lakhs)
- Profit before tax, year-ago quarter9286 (₹ in Lakhs)
- Profit before tax, previous quarter14086 (₹ in Lakhs)
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