Bodal Chemicals Ltd

Book closure and AGM details

• Book closure from 19 September 2026 to 25 September 2026, both days inclusive.
• Purpose: book closure for the 40th AGM.
• Record/cut-off: e-voting eligibility cut-off on 18 September 2026.
• E-voting period: 22 September 2026, 9:00 a.m. to 24 September 2026, 5:00 p.m.
• AGM date: 25 September 2026 at 12:00 p.m.
• Security: equity shares.
• E-voting via CDSL eVoting platform.

Business Overview

• Integrated chemical manufacturer with eight facilities across Gujarat, Punjab, and UP.
• Saykha benzene downstream products started contributing to topline in Q1 FY27.
• Strategy prioritizes value-added products and backward integration for margin protection.
• Exports account for about 25% of revenue; key clients include LANXESS, SRF, ACETO, IRNET.

Key Operational Highlights

• Q1 FY27 revenue Rs 7,152 million, up 56% YoY.
• EBITDA Rs 751 million; EBITDA margin 10.5%.
• PAT consolidated Rs 303.8 million; PAT margin 4.2%.
• Dye Intermediates revenue up 44% YoY; Dyestuffs up 23%.
• Chlor Alkali revenue Rs 870 million; up 3% YoY.
• Sener Boya (Turkey) revenue up 41%; PAT Rs 22 million.
• China and Indonesia subsidiaries remained subdued; Saykha and domestic units grew.

Financial Performance

• Consolidated revenue Rs 7,151.9 million; up 56.1% YoY.
• Total consolidated EBITDA Rs 751.0 million; margin 10.5%.
• Profit after tax Rs 303.8 million; PAT margin 4.2%.
• Standalone revenue Rs 7,035.7 million; PAT Rs 287.8 million.
• Finance cost Rs 185.7 million; interest expense impacting profitability.
• EPS consolidated Rs 2.4; standalone Rs 2.3.

Capital Structure & Liquidity

• No new debt or equity actions disclosed in the presentation.
• Finance costs indicate ongoing financing needs; no explicit liquidity actions disclosed.

Strategic Priorities & Outlook

• Focus on value-added products and Saykha benzene downstream contribution.
• Maintain margins via integrated model and RM cost pass-through.
• Exports about 25% of revenue; leverage global client relationships.
• Past expansions and pollution-control investments to support growth.

Risks & Mitigation

• RM cost volatility due to crude-linked inputs; mitigated by pass-through.
• Energy and water scarcity pose production risks; ETP and MEEP deployment.
• Regulatory costs rising; Bluesign and ISO certifications indicate compliance.

Governance & Leadership

• Chairman and MD Suresh J. Patel leads with independent directors on board.
• CFO Mayank Mehta oversees finance and investor relations.
• Overseas subsidiaries include Sener Boya (Turkey), Bodal China, Bodal Indonesia.

Standalone results

• Standalone revenue from operations: Rs 6,982.96m for quarter ended 30 Jun 2026.
• Standalone total income: Rs 7,035.75m, up about 21.5% QoQ.
• Standalone total expenses: Rs 6,648.34m.
• Standalone PBT: Rs 387.41m; tax Rs 99.58m; PAT Rs 287.83m.
• Standalone basic and diluted EPS: Rs 2.29.
• SGST incentive recognised in revenue: Rs 25.71m.
• Ind AS 108 Chemical segment is the only reportable segment.

Consolidated results

• Consolidated revenue from operations: Rs 7,090.41m; total income: Rs 7,151.88m.
• Consolidated total expenses: Rs 6,760.68m; PBT Rs 391.20m.
• Consolidated tax expense: Rs 87.41m; PAT Rs 303.79m.
• Consolidated EPS: Basic Rs 2.41; Diluted Rs 2.41.
• Hyperinflation restatement: net impact Rs 13.10m charged; Rs 15.29m opened retained earnings.
• Consolidated segment: Chemicals; four subsidiaries not reviewed; group deemed non-material.

Meeting Details

• Board meeting on 5 August 2026 at Bodal Corporate House, Ahmedabad, or via video conferencing.

Key Agenda Items

• Consider and approve unaudited standalone and consolidated financial results for quarter ended 30 June 2026.
• Decide date of 40th AGM and book closure dates for year ended 31 March 2026.
• Any other business with permission of the Chairman.

Other Notes

• Trading window closed; will reopen 48 hours after results declaration on 8 August 2026.

Dematerialisation status

• Dematerialisation requests were processed; confirmations issued to depositories (accepted/rejected).
• Securities dematerialised have been listed on the stock exchanges where they are listed.
• Physical certificates received for dematerialisation were mutilated and cancelled after verification.
• Depository's name substituted as registered owner in the records within prescribed timelines.

Trading Window

• Trading window closes from 01 July 2026.
• Reopens 48 hours after declaration of the quarter ended 30 June 2026 results.