Technichem Organics Ltd

Technichem Organics Limited – Trading Window closure from 1 October 2026 until 48 hours after the declaration of unaudited financial results for the half year ended 30 September 2026

Financial performance

• Revenue from operations: 5,655.79 lakh; total income: 5,784.37 lakh.
• PAT after tax: 272.26 lakh; EPS: 1.57; PBT: 268.61 lakh.
• Net cash from operating activities after tax: 348.46 lakh.

Dividend and capital allocation

• Dividend for 2025-26 not recommended to conserve working capital.
• IPO raised funds of 252.45 lakh; capex, debt repayments and corporate needs funded.

Capital structure and liquidity

• Equity capital: 173,21,250 shares; paid-up capital: 1,732.13 lakh; promoter holding ~36%.
• Long-term borrowings: 709.55 lakh; current borrowings: 726.23 lakh; cash and cash equivalents: 456.95 lakh.

Geographic and operational mix

• Single-segment company; India revenue 3,186.49 lakh; exports 2,469.30 lakh.
• Capital expenditure in FY2025-26: additions of 844.76 lakh; CWIP 478.41 lakh.

Governance and board

• Asim Pandya appointed Independent Director w.e.f. 29 July 2026 for five years.
• Jaina Mehta resigned as Independent Director on 7 July 2026.
• Nomination & Remuneration Committee reconstituted 29 July 2026 with Anal Desai, Utsav Shah, Asim Pandya.

Audit, internal controls and compliance

• Statutory auditors: M/s B K Chavda & Co. LLP; no material qualifications.
• Internal financial controls deemed adequate and effective as at 31-03-2026.
• Secretarial audit by Nishant Pandya & Associates; Kashyap R. Mehta & Partners engaged for 2026-27.

CSR and sustainability

• CSR spend for 2025-26: 10.41 lakh; required 9.28 lakh; shortfall Nil; excess 1.13 lakh carried forward.
• CSR policy disclosed on company website; CSR Committee not constituted due to small spend.

Risk and outlook

• MDA highlights risks from raw material price volatility, FX fluctuations, and regulatory demands.
• Outlook: IPO proceeds to support working capital, debt reduction, and capacity expansion; positive demand signals.

Submission status

• Certificate under Regulation 74(5) submitted by the Registrar and Share Transfer Agent.

Resignation details

• Ms. Jaina M. Mehta resigns as Independent Director of Technichem Organics Limited with effect from 7 July 2026.
• Reason: pre-occupation elsewhere.
• No other listed-entity directorships or board committees; continues as director of Polyseal Cable Accessories Pvt Ltd (unlisted).
• There are no material reasons beyond those in the resignation letter.

Resignation details

• Ms. Jaina M. Mehta, Independent Director.
• Resignation with immediate effect; effective 7 July 2026.
• Reason: pre-occupation elsewhere.
• There are no other material reasons for resignation.

Board approval

• Board approved audited standalone financial results for half year and year ended 31 March 2026.

Financial performance

• Revenue from operations was Rs 2,852.61 lakh for the half year ended 31 March 2026.
• Profit after tax was Rs 148.16 lakh for the half year ended 31 March 2026.
• For FY2025-26, revenue was Rs 5,655.79 lakh and profit after tax was Rs 272.26 lakh.

Balance sheet and cash flow

• Cash and cash equivalents stood at Rs 456.95 lakh as at 31 March 2026.
• Total assets and liabilities were Rs 7,682.56 lakh as at 31 March 2026.
• Operating cash flow was Rs 348.45 lakh for FY2025-26.

Other disclosures

• Auditor issued an unmodified opinion on the audited standalone results.
• Investor complaints during the half year ended 31 March 2026 were nil.
• Company reported no default on loans or debt securities; total indebtedness was Rs 1,818.51 lakh.

IPO proceeds

• Of IPO proceeds of Rs 2,524.50 lakh, Rs 2,299.09 lakh was utilised by 31 March 2026.
• Rs 225.41 lakh remained unutilised and will be used in FY2026-27.