Bhatia Colour Chem Ltd

Bhatia Colour Chem Limited: Trading window closed from 01 October 2026 till expiry of 48 hours after announcement of Unaudited Financial Results for the half year ended 30 September 2026

AGM details and results

• Date, time, venue: 25 Aug 2026, 2:00 PM IST, registered office; mode: physical.
• All AGM notice resolutions were approved by shareholders with requisite majority.
• Enclosed Scrutinizer Report confirms approvals.

AGM Details

• AGM held on Aug 25, 2026 at 02:00 PM IST at the registered office.
• Meeting duration was 02:00 PM to 02:30 PM.
• Mode: Physical meeting; quorum present; notice sent electronically; Scrutinizer appointed.

Ordinary Business

• Adopted Audited Financial Statements for FY ended 31 March 2026.
• Appointed Mr. Rameshchand Chanduram Bhatia as Whole Time Director, liable to retire by rotation.

Special Business

• Ratified remuneration of Cost Auditor for FY 2026-27.
• Reappointed Bharat Brijlal Bhatia as Managing Director.
• Reappointed Rameshchand Chanduram Bhatia as Whole Time Director.
• Reappointed Ravi Ashokkumar Bhatia as Whole Time Director with increased remuneration.
• Approved Material Related Party Transactions with Bharat Brijlal Bhatia.
• Approved Material Related Party Transactions with Rameshchand Chanduram Bhatia.
• Approved Material Related Party Transactions with Ravi Ashokkumar Bhatia.
• Approved Material Related Party Transactions with M/s Vapchem, Partnership Firm.

Auditors & Remuneration

• Statutory Auditors remained Parimal Bhagat for DSI & Co.
• Cost Auditor remuneration ratified for FY 2026-27.

Voting Status

• Voting results to be declared by the chairman after Scrutinizer’s report and uploaded on the company website.

Material Related Party Transactions (RPTs)

• Approved RPTs with Bharat Brijlal Bhatia.
• Approved RPTs with Rameshchand Chanduram Bhatia.
• Approved RPTs with Ravi Ashokkumar Bhatia.
• Approved RPTs with M/s Vapchem, Partnership Firm.

Financial highlights

• Revenue from operations: ₹15,462.08 lakhs in FY2025-26.
• Net profit after tax: ₹417.76 lakhs.
• Earnings per share: ₹2.95.
• YoY revenue grew 23.66%; PAT rose 14.06%.

Product & operations mix

• Revenue by product: Textile Dyes & chemicals ₹15,395.23 lakhs; Plastic Granules ₹53.40; Scrap ₹13.45.
• Total textile chemicals & auxiliaries revenue ₹15,462.08 lakhs.
• Value-added printing products include Glitter Powder, Foil Binder, Zari Binder.

Capital structure & equity

• Paid-up equity capital at year-end: ₹1,413.93 lakhs.
• Share capital increased by ₹190.56 lakhs due to warrants conversion.
• Total equity ₹9,020.65 lakhs; reserves ₹8,185.03 lakhs.
• Promoter holdings: Bharat Brijlal Bhatia 10.81%, Rameshchand Chanduram Bhatia 9.34%.

Dividends & capital allocation

• Dividend not declared for FY2025-26.
• No buybacks; funds directed toward expansion.

Governance & risk

• Material Related Party Transactions approvals sought up to ₹221.04 crore.
• Related parties include Bharat Brijlal Bhatia, Rameshchand Chanduram Bhatia, Ravi Ashokkumar Bhatia.
• Audit: Statutory auditor DSI & Co; Secretarial auditor Kejriwal; remedial actions noted.
• MD&A highlights risk: regulatory, raw material cost, currency, and competition.

CSR & ESG

• CSR expenditure ₹9.18 lakhs; 2% of average net profit.
• CSR with Jivan Jyot Foundation; policy on website.
• Total CSR spend FY2025-26 ₹9.18 lakhs; no unspent amount.

Outlook & strategic priorities

• Outlook: demand for textile chemicals remains healthy; focus on eco-friendly products.
• Invest in automation, digitalization, and capacity expansion.
• Pursue partnerships and potential M&A for growth.

Director reappointments

• Reappointment of Bharat Brijlal Bhatia as MD for 5-year term, 21 Jan 2027–20 Jan 2032, AGM approval.
• Reappointment of Rameshchand Chanduram Bhatia as WTD for 5-year term, 21 Jan 2027–20 Jan 2032, AGM approval.
• Reappointment of Ravi Ashokkumar Bhatia as WTD for 5-year term, 21 Jan 2027–20 Jan 2032, AGM approval.

Dematerialisation status

• Not applicable; entire holding in demat form with no rematerialisation requests received for quarter ended 30 Jun 2026.

Capital action

• Board approved conversion of warrants to equity shares for promoter group at Rs 134 per share.
• Issue price Rs 134 per share, including Rs 124 premium.
• Balance amount Rs 1,99,39,200 received at Rs 100.50 per warrant (75% of issue price).
• Promoter-group allottees: Dhawal Rameshchandra Bhatia; Sonal Bharat Bhatia; Madhu Brijlal Bhatia; Reena Rameshchand Bhatia.
• Each allottee allotted 49,600 equity shares on conversion.
• Pre-issue holding: 6,00,000 shares; post-conversion holding: 6,49,600 shares per allottee.
• Post-conversion holding: 4.53% of total equity per allottee.
• Warrants pending for conversion per allottee: 73,600.
• Total new shares issued: 1,98,400 equity shares.
• Type of issuance: Preferential Allotment.