Sumitomo Chemical India542920Quarterly results
Board approved Q2 and H1 FY27 results; auditors' limited review conclusion unmodified
Board meeting on 26 October 2026 (03:23 P.M. to 03:30 P.M.) approved unaudited standalone and consolidated 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 | 9,073.09 | 9,298.15 | −2.4% | 10,633.46 | −14.7% |
| Total income | 9,508.96 | 9,686.17 | −1.8% | 11,106.30 | −14.4% |
| Profit before tax | 2,101.67 | 2,378.47 | −11.6% | 2,882.41 | −27.1% |
| Profit after tax | 1,574.04 | 1,777.63 | −11.5% | 2,145.14 | −26.6% |
| Total comprehensive income | 1,583.04 | 1,791.66 | −11.6% | 2,135.28 | −25.9% |
| Basic EPS | *3.14 | *3.56 | — | *4.30 | — |
- Total income (latest quarter)
- 9,508.96 millions (YoY −1.8%, QoQ −14.4%)
- Profit after tax (latest quarter)
- 1,574.04 millions (YoY −11.5%, QoQ −26.6%)
- Period
- 30 September 2026 (Unaudited)
Auditor's review
Conclusion: Unmodified
Notes to the results
- Exceptional item: in quarter ended 30 June 2026 the Holding Company received an insurance claim for business interruption of Rs 268.96 million relating to the Bhavnagar plant fire in FY 2022-23.
- Exceptional item: in FY 2025-26 the Group accounted incremental impact of Rs 161.11 million on account of the new labour codes notified by the Government.
- Government notification (Oct 2022) restricting Glyphosate use to Pest Control Operators is challenged before Delhi High Court; Government stated it will not be implemented till disposal of petitions.
What the board approved
- The Board of Directors met on 26 October 2026; the meeting commenced at 03:23 P.M. and concluded at 03:30 P.M.
- It approved the unaudited standalone and consolidated financial results for the quarter and half-year ended 30 September 2026.
- The results were reviewed by the Audit Committee before being approved by the Board.
Auditor's review conclusion
BSR & Co. LLP carried out a limited review of the standalone results under the Standard on Review Engagements (SRE) 2410. A review is narrower in scope than a full audit. Based on that review, nothing has come to the auditors' attention that causes them to believe the statement has not disclosed the information required under Regulation 33, or that it contains any material misstatement. The conclusion carries no qualification.
The numbers (as printed, Rs in million)
Standalone, quarter ended 30 September 2026
- Revenue from operations: 8,909.08
- Total income: 9,342.72
- Profit before exceptional items and tax: 2,088.20
- Profit for the period: 1,560.42
- Basic and diluted earnings per share: 3.13 (not annualised)
Standalone, half-year ended 30 September 2026
- Revenue from operations: 19,449.83
- Total income: 20,354.10
- Profit for the period: 3,725.71
Consolidated, quarter ended 30 September 2026
- Revenue from operations: 9,073.09
- Total income: 9,508.96
- Profit before exceptional items and tax: 2,101.67
- Profit for the period: 1,574.04
- Basic and diluted earnings per share: 3.14 (not annualised)
Consolidated, half-year ended 30 September 2026
- Revenue from operations: 19,706.55
- Profit for the period: 3,719.18
Balance sheet snapshot (standalone, as at 30 September 2026)
- Total assets: 49,360.01, against 44,341.10 as at 31 March 2026
- Total equity: 36,919.85, against 33,841.84
One-time items flagged by the company
- An insurance claim for business interruption of Rs 268.96 million was received in the quarter ended 30 June 2026, relating to the fire at the Bhavnagar plant in financial year 2022-23. It is shown as an exceptional item.
- In the previous financial year 2025-26, the company booked the incremental impact of Rs 151.86 million (standalone) and Rs 161.11 million (consolidated) from the new labour codes as an exceptional item.
Points the company flagged for readers
- Glyphosate, described as an important product, was made usable only through Pest Control Operators by a Central Government notification of October 2022. Industry petitions challenging it are pending before the Hon'ble Delhi High Court, and the Government's counsel has stated the notification will not be implemented till the petitions are disposed of.
- The business is seasonal, and performance depends on monsoon and other climatic conditions.
- The company has only one reportable segment, agro-chemicals, so segment-wise disclosure is not reported.
- The consolidated results cover the parent and its two subsidiary companies.
Cash flow (standalone, half-year ended 30 September 2026)
- Net cash flows generated from operating activities: 4,442.60
- Net cash flows used in investing activities: 3,856.86
- Net cash flows used in financing activities: 772.47
- Net decrease in cash and cash equivalents: 186.73; closing cash and cash equivalents 488.56
What this means for a retail reader
This is a routine quarterly results update. The key takeaways are the auditor's clean limited review conclusion, the standalone and consolidated revenue and profit figures above, and the two exceptional items that affected comparability between periods. The Glyphosate matter remains a regulatory overhang that the company itself has flagged in its notes.
9,508.96 (₹ In Million)Total income, latest quarter
Profit before tax, quarter2,882.41 (₹ In Million)
Profit before tax, year-ago quarter2,378.47 (₹ In Million)
Profit after tax, quarter2,145.14 (₹ In Million)
Profit before tax, latest quarter2,101.67 (₹ In Million)
₹19,706.55 Mn
Q2 FY27₹8,909.08 MnH1 FY27₹19,706.55 Mn
Also from Sumitomo Chemical India
Audio recording of earnings call held 27th October 2026 uploaded on Company website
27 Oct 2026
Sumitomo Chemical India H1FY27 revenue slips 1% to Rs 1,971 crore as weak monsoon hits demand; PAT up 5% on insurance gain
26 Oct 2026
Sumitomo Chemical India to hold Q2 & H1 FY27 earnings call on 27 October 2026
19 Oct 2026
More numbers
- Standalone Revenue from operations, Q2 FY27 (Rs in million)8,909.08
- Standalone Profit for the period, Q2 FY27 (Rs in million)1,560.42
- Standalone basic and diluted EPS, Q2 FY27 (Rs)3.13
- Consolidated Revenue from operations, H1 FY27 (Rs in million)19,706.55
- Insurance claim for business interruption, exceptional item268.96 Million
- Incremental impact of new labour codes, standalone exceptional item151.86 million
- Total income, latest quarter9,508.96 (₹ In Million)
- Total income, year-ago quarter9,686.17 (₹ In Million)
- Total income, previous quarter11,106.30 (₹ In Million)
- Total comprehensive income, latest quarter1,583.04 (₹ In Million)
- Total comprehensive income, year-ago quarter1,791.66 (₹ In Million)
- Total comprehensive income, previous quarter2,135.28 (₹ In Million)
- Profit after tax, latest quarter1,574.04 (₹ In Million)
- Profit after tax, year-ago quarter1,777.63 (₹ In Million)
- Profit after tax, previous quarter2,145.14 (₹ In Million)
- Revenue from operations, latest quarter9,073.09 (₹ In Million)
- Revenue from operations, year-ago quarter9,298.15 (₹ In Million)
- Revenue from operations, previous quarter10,633.46 (₹ In Million)
- Profit before tax, latest quarter2,101.67 (₹ In Million)
- Profit before tax, year-ago quarter2,378.47 (₹ In Million)
- Profit before tax, previous quarter2,882.41 (₹ In Million)
- Basic EPS, latest quarter*3.14
- Basic EPS, year-ago quarter*3.56
- Basic EPS, previous quarter*4.30
Source: BSE · 26 Oct 2026
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