Aksharchem (India) LimitedQ2 FY27 Results & Financial Update
Aksharchem (India) Limited: Q2 FY27 standalone results and company financials – revenue ₹160.48 Cr, PAT ₹13.32 Cr. Explore reported YoY/QoQ movements, margins, business drivers and management commentary. This page does not provide a rating, target price or investment recommendation.
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Chart · Market context
Aksharchem (India) price & chart
Quarter overview
Quarterly earnings analysis
Aksharchem (India) Limited reported standalone revenue from operations of INR 160.48 crore for the quarter ended September 30, 2026, marking an increase compared to INR 140.87 crore in the preceding quarter ended June 30, 2026.
Total income for Q2 FY27 stood at INR 160.52 crore, supported by a minor contribution of INR 0.03 crore from other income.
Profit before tax (PBT) for the quarter was recorded at INR 14.09 crore, reflecting a contraction compared to INR 15.95 crore reported in Q1 FY27.
Net profit after tax (PAT) for the current quarter stood at INR 13.32 crore, translating to basic and diluted earnings per share (EPS) of INR 16.58.
Total expenses for the period aggregated to INR 146.43 crore, driven primarily by raw material consumption, power and fuel costs, and other operational overheads.
Tax expenses for the quarter were recorded at INR 0.76 crore, comprising entirely of deferred tax adjustments as current tax remained nil.
01 · Business model
What does Aksharchem (India) do?
Aksharchem (India) Limited operates within the specialty chemicals sector, manufacturing and distributing organic and inorganic specialty chemical products.
The company's registered office and manufacturing facilities are located in Mehsana, Gujarat, serving both domestic and international markets.
Its commercial operations are structured around a single reportable operating segment categorized as the Chemical Business under Ind AS 108.
02 · Historical context
What shaped the business before this quarter
On May 2, 2024, a fire occurred in the dry zone of the VS Plant located at Indrad, Mehsana, resulting in property, plant, and equipment damage and inventory loss amounting to INR 402.18 lakh.
During Q2 FY25-26, the company received a part settlement of INR 543.16 lakh net of GST towards its insurance claim, leading to the recognition of INR 169.61 lakh as an exceptional item in that period.
03 · Financial snapshot
Current quarter vs the available comparable
| Metric | Q2 FY27 | Previous quarter |
|---|---|---|
| Revenue from operations | ₹160.48 Cr | ₹140.87 Cr |
| Total income | ₹160.52 Cr | ₹140.90 Cr |
| Profit before tax | ₹14.09 Cr | ₹15.95 Cr |
| Profit after tax | ₹13.32 Cr | ₹15.21 Cr |
| EPS | ₹16.58 | ₹18.94 |
Financial interpretation
What the reported numbers mean
Profit after tax represented 8.3% of reported quarterly operating revenue. This is a calculated net-profit-to-sales ratio, not a company-reported operating margin. It measures the outcome after expenses and tax; it does not, by itself, establish how margins changed versus another period.
Profit before tax was equivalent to 8.8% of quarterly operating revenue. The distinction between pre-tax and post-tax profit matters when interpreting earnings; neither ratio identifies an underlying cost driver without a properly matched comparative period.
Total income exceeded operating revenue by ₹0.03 crore. This is the disclosed difference between the two lines, not incremental sales. The distinction matters when assessing how much of the quarter’s reported income came from the operating top line.
Ratios above are calculated from the reported quarterly figures. They are analytical descriptions, not company-reported margin guidance or an investment recommendation.
04 · Why it moved
Why the quarter looked the way it did
What drove revenue
Revenue from operations advanced to INR 160.48 crore in Q2 FY27 from INR 140.87 crore in Q1 FY27, demonstrating sequential volume and realization traction.
What drove margins
Cost of materials consumed stood at INR 84.45 crore, while power and fuel expenses accounted for INR 17.30 crore during the quarter.
Employee benefit expenses were recorded at INR 4.49 crore, and finance costs stood at INR 2.47 crore for the quarter.
05 · Segments, products & geography
Which parts of the business are doing the work
Segments and products
The company operates in a single reportable segment designated as the Chemical Business in accordance with Ind AS 108.
06 · Reported developments
What changed operationally
Topline grew sequentially to INR 160.48 crore alongside steady operating performance.
07 · Cash flow & balance sheet
Profit is one thing. Cash and funding tell another part of the story.
For the half year ended September 30, 2026, net cash flow generated from operating activities stood at INR 1,599.60 lakh, supported by operating profit before working capital changes of INR 4,362.18 lakh.
Net cash used in investing activities for the half year was INR 632.06 lakh, primarily driven by property, plant, and equipment purchases of INR 640.31 lakh. Net cash used in financing activities totaled INR 965.90 lakh.
Capital allocation & funding
As of September 30, 2026, non-current borrowings stood at INR 15.09 crore, while current borrowings were recorded at INR 88.68 crore.
08 · Beyond the numbers
What changed beyond the numbers
Board and Management Changes
The Board approved the re-appointment and designation of Mr. Munjal M. Jaykrishna as Managing Director & CEO for a three-year term effective October 19, 2026, and the re-appointment of Mr. Sachin M. Jaykrishna as Whole Time Director effective August 02, 2027.
09 · Previous-quarter changes
What changed since the previous quarter
Revenue rose from INR 140.87 crore in Q1 FY27 to INR 160.48 crore in Q2 FY27, whereas net profit moderated from INR 15.21 crore to INR 13.32 crore over the same period.
10 · Key Q&A
The quarter, answered directly
What does Aksharchem (India) do?
Aksharchem (India) Limited operates within the specialty chemicals sector, manufacturing and distributing organic and inorganic specialty chemical products.
What is the clearest takeaway from Q2 FY27?
Aksharchem (India) Limited reported standalone revenue from operations of INR 160.48 crore for the quarter ended September 30, 2026, marking an increase compared to INR 140.87 crore in the preceding quarter ended June 30, 2026.
What drove revenue or demand?
Revenue from operations advanced to INR 160.48 crore in Q2 FY27 from INR 140.87 crore in Q1 FY27, demonstrating sequential volume and realization traction.
What mattered most for margins or profitability?
Cost of materials consumed stood at INR 84.45 crore, while power and fuel expenses accounted for INR 17.30 crore during the quarter.
What changed operationally beyond the headline numbers?
The Board approved the re-appointment and designation of Mr. Munjal M. Jaykrishna as Managing Director & CEO for a three-year term effective October 19, 2026, and the re-appointment of Mr. Sachin M. Jaykrishna as Whole Time Director effective August 02, 2027.
What should the next disclosure help confirm?
Track capital expenditure progress reflected in capital work-in-progress standing at INR 4.58 crore as of September 30, 2026.
11 · Scenario calculator
Earnings sensitivity: what if growth and margins change?
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12 · Next filing checkpoints
What the next disclosure can confirm or change
- 01
Execution of Capital Projects: Track capital expenditure progress reflected in capital work-in-progress standing at INR 4.58 crore as of September 30, 2026.
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