Alkali Metals LimitedQ2 FY27 Results & Financial Update

Alkali Metals Limited: Q2 FY27 standalone results and company financials – revenue ₹27.27 Cr, PAT ₹0.58 Cr. Explore reported YoY/QoQ movements, margins, business drivers and management commentary. This page does not provide a rating, target price or investment recommendation.

NSE: ALKALIPublished 14 Oct 2026Updated 14 Oct 2026~6 min read
Quarter at a glanceCurrent reported figures.Change figures appear when a comparable reported period is available.
Revenue from operations₹27.27 CrReported Q2 FY27
Profit after tax₹0.58 CrReported Q2 FY27
Sequential change+55.2%Quarter-on-quarter

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Quarterly Results AnalysisExplore Alkali Metals Q2 FY27 quarterly results and earnings: revenue, profit (PAT), EBITDA, margins, YoY and QoQ growth, order book or business updates where reported, financial performance and management commentary. Reported figures and Nivata calculations are shown separately; no buy, sell or hold recommendation is provided.

Quarter overview

Quarterly earnings analysis

01

Alkali Metals reported a turnaround standalone financial performance for the second quarter of fiscal 2027, breaking out of consecutive quarters of losses to post a positive net profit.

02

Revenue from operations expanded significantly during the quarter to INR 27.27 crore, registering a sequential increase compared to INR 17.57 crore reported in the preceding June quarter (Q1 FY27).

03

Total income for Q2 FY27 reached INR 27.73 crore, supported by INR 0.47 crore in other income despite a contraction in non-operating inflows from the previous quarter's elevated level of INR 0.77 crore.

04

The company swung back to profitability at the bottom line, registering a profit after tax (PAT) and profit before tax (PBT) of INR 0.58 crore, compared to a net loss of INR 0.64 crore in Q1 FY27.

05

Basic and diluted earnings per share (EPS) recovered to INR 0.56 for the quarter, rebounding from a negative EPS of INR 0.63 in the June 2026 quarter.

06

The sequential recovery in operating profitability was achieved even as cost of materials consumed increased to INR 14.48 crore and power and fuel expenses stood at INR 2.05 crore.

07

The company maintained tight control over other fixed operational expenses, helping gross margin expansion and neutralizing sequential cost headwinds from employee benefits and financing.

01 · Business model

What does Alkali Metals do?

Alkali Metals Limited is an ISO 9001-14001 accredited chemical manufacturer headquartered in Hyderabad, India, operating out of its manufacturing facility located in the industrial development area of Uppal.

The company specializes in the production of specialized chemicals including sodium amide, sodium alkoxides, sodium hydride, sodium azide, tetrazoles, amino pyridines, pyridine derivatives, cyclic compounds, fine chemicals, and intermediates for pharmaceuticals and active pharmaceutical ingredients.

Alkali Metals serves a diversified domestic and international customer base, utilizing both local distribution channels and direct export markets for its specialized chemical portfolio.

Its economic model relies heavily on efficient chemical processing, continuous R&D and manufacturing execution, and managing input cost pressures across energy and raw material requirements.

02 · Financial snapshot

Current quarter vs the available comparable

MetricQ2 FY27Previous quarter
Revenue from operations₹27.27 Cr₹17.57 Cr
Total income₹27.73 Cr₹18.34 Cr
Profit before tax₹0.58 Cr₹-0.64 Cr
Profit after tax₹0.58 Cr₹-0.64 Cr
EPS₹0.56₹-0.63

Financial interpretation

What the reported numbers mean

Profit conversion

Profit after tax represented 2.1% 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.

Pre-tax earnings

Profit before tax was equivalent to 2.1% 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.

Operating revenue versus total income

Total income exceeded operating revenue by ₹0.47 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.

03 · Why it moved

Why the quarter looked the way it did

What drove revenue

Sequential Top-Line Growth

Revenue from operations grew to INR 27.27 crore in Q2 FY27 from INR 17.57 crore in Q1 FY27, driven by higher off-take across core chemical product lines.

Export Surge

Export revenue surged sharply to INR 13.60 crore during the quarter compared to INR 6.37 crore in Q1 FY27, overtaking domestic sales share.

Domestic Sales Expansion

Domestic revenue rose to INR 13.66 crore in Q2 FY27 from INR 11.20 crore in the preceding quarter.

What drove margins

Raw Material Consumption

Cost of materials consumed stood at INR 14.48 crore for Q2 FY27, scaling alongside the higher volume of chemical manufacturing and sales.

Power and Fuel Costs

Power and fuel expenses were managed at INR 2.05 crore, decreasing slightly from INR 2.25 crore in the preceding quarter.

Employee Benefit Expenses

Employee benefit expenses remained stable at INR 3.49 crore compared to INR 3.29 crore in Q1 FY27.

R&D and Administrative Spend

Research and development expenditure stood at INR 0.40 crore, while administrative, marketing, and other expenses were reported at INR 2.46 crore.

04 · Segments, products & geography

Which parts of the business are doing the work

Segments and products

Geographic Segment Performance

The company operates under a single primary business segment (manufacture and sale of chemicals) and reports geographic segments based on customer location. In Q2 FY27, domestic revenue was INR 13.66 crore and export revenue was INR 13.60 crore.

Geography and market mix

Export vs Domestic Balance

Exports accounted for approximately 49.88% of total operating revenue in Q2 FY27 at INR 13.60 crore, reflecting a notable sequential expansion from export markets compared to INR 6.37 crore in Q1 FY27.

05 · Strategy & new businesses

How the company is trying to change its growth mix

Board and Executive Appointment

The Board of Directors approved the appointment of Mr. Y.V. Prashanth as an Executive Director effective October 12, 2026, subject to member approval at an ensuing Extraordinary General Meeting.

06 · Reported developments

What changed operationally

Return to Profitability

Alkali Metals swung back to net profitability with a PAT of INR 0.58 crore for Q2 FY27, reversing the net loss of INR 0.64 crore incurred in Q1 FY27.

Unmodified Auditor Review

Statutory auditors issued an unmodified limited review report on the financial results for the quarter and half year ended September 30, 2026.

07 · Cash flow & balance sheet

Profit is one thing. Cash and funding tell another part of the story.

Operating cash flow₹-1.18 CrH1 FY27
Capital expenditure₹-0.09 CrH1 FY27
Free cash flow₹-1.26 CrH1 FY27
Half-Year Operating Cash Flow

For the half-year ended September 30, 2026, net cash used in operating activities was INR 1.18 crore, compared to a positive operating cash flow of INR 1.78 crore in the corresponding period of the previous year.

Working Capital Movements

During the half-year ended September 30, 2026, inventory increased by INR 5.48 crore while trade receivables decreased by INR 4.74 crore.

Capital allocation & funding

Borrowings and Liabilities

As of September 30, 2026, the company reported non-current borrowings of INR 3.17 crore and current borrowings of INR 17.88 crore on its balance sheet.

08 · Beyond the numbers

What changed beyond the numbers

Reported update

Extraordinary General Meeting

The Board approved the notice and explanatory statement for an upcoming Extraordinary General Meeting to seek member approval for the appointment of the new Executive Director.

09 · Previous-quarter changes

What changed since the previous quarter

Sequential Revenue Acceleration

Revenue from operations increased by 55.23% sequentially to INR 27.27 crore in Q2 FY27 from INR 17.57 crore in Q1 FY27.

10 · Key Q&A

The quarter, answered directly

What does Alkali Metals do?

Alkali Metals Limited is an ISO 9001-14001 accredited chemical manufacturer headquartered in Hyderabad, India, operating out of its manufacturing facility located in the industrial development area of Uppal.

What is the clearest takeaway from Q2 FY27?

Alkali Metals reported a turnaround standalone financial performance for the second quarter of fiscal 2027, breaking out of consecutive quarters of losses to post a positive net profit.

What drove revenue or demand?

Revenue from operations grew to INR 27.27 crore in Q2 FY27 from INR 17.57 crore in Q1 FY27, driven by higher off-take across core chemical product lines.

What mattered most for margins or profitability?

Cost of materials consumed stood at INR 14.48 crore for Q2 FY27, scaling alongside the higher volume of chemical manufacturing and sales.

What changed operationally beyond the headline numbers?

The Board of Directors approved the appointment of Mr. Y.V. Prashanth as an Executive Director effective October 12, 2026, subject to member approval at an ensuing Extraordinary General Meeting.

What should the next disclosure help confirm?

Monitor whether the sharp sequential increase in export revenues to INR 13.60 crore is sustainable in subsequent quarters and if profit margins can be maintained against raw material fluctuations.

11 · Scenario calculator

Earnings sensitivity: what if growth and margins change?

Starting point

Build your own next-quarter scenario

Reported values are prefilled where a comparable basis is available. Otherwise, the field starts at 0. You can overwrite every field.

Example: enter 10 for 10% revenue growth. Enter -100 for a 1 percentage-point margin decline.

Scenario output
Scenario revenue / income₹0 cr
Scenario profit after tax₹0 cr
Profit change vs base₹0 cr (0%)
Scenario margin0%
Growth needed to keep profit flat after this margin move0%

The calculator holds the selected margin basis constant except for the basis-point adjustment you enter. It does not estimate tax, finance cost, dilution, working capital, valuation or share price.

12 · Next filing checkpoints

What the next disclosure can confirm or change

  1. 01

    Export Momentum and Margin Sustainability: Monitor whether the sharp sequential increase in export revenues to INR 13.60 crore is sustainable in subsequent quarters and if profit margins can be maintained against raw material fluctuations.

Learn the metrics

Need the concepts first?

Use Nivata’s plain-English guides to understand the accounting terms used in this brief before interpreting them.

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