Integrated Filing — IndAS



General information about company

Scrip Code 506618
NSE Symbol PUNJABCHEM
MSEI Symbol NOTLISTED
ISIN INE277B01014
Name of company Punjab Chemicals & Crop Protection Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 03-11-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 07-10-2025
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Second quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Single segment
Description of single segment Performance Chemicals
Start date and time of board meeting 03-11-2025   13:40:00
End date and time of board meeting 03-11-2025   14:15:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 25,516.00 57,467.00
Other income 608.00 979.00
Total income 26,124.00 58,446.00
2 Expenses
(a) Cost of materials consumed 14,157.00 31,585.00
(b) Purchases of stock-in-trade 69.00 130.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 1,217.00 5,115.00
(d) Employee benefit expense 2,565.00 5,047.00
(e) Finance costs 378.00 774.00
(f) Depreciation, depletion and amortisation expense 665.00 1,315.00
(f) Other Expenses
1 Other Expenses 4,884.00 9,530.00
Total other expenses 4,884.00 9,530.00
Total expenses 23,935.00 53,496.00
3 Total profit before exceptional items and tax 2,189.00 4,950.00
4 Exceptional items 0.00 0.00
5 Total profit before tax 2,189.00 4,950.00
6 Tax expense
7 Current tax 185.00 817.00
8 Deferred tax 150.00 216.00
9 Total tax expenses 335.00 1,033.00
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 1,854.00 3,917.00
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 1,854.00 3,917.00
17 Other comprehensive income net of taxes (92.00) (32.00)
18 Total Comprehensive Income for the period 1,762.00 3,885.00
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 1,226.00 1,226.00
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 15.12 31.95
Diluted earnings (loss) per share from continuing operations 15.12 31.95
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 15.12 31.95
Diluted earnings (loss) per share from continuing and discontinued operations 15.12 31.95
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) Notes: i) The above Unaudited Consolidated Financial Results as reviewed by the Audit Committee, have been approved by the Board of Directors at their meeting held on 3rd November, 2025 and have been subjected to Limited Review by the Statutory Auditors. The review report of the Statutory Auditors is being filed with the BSE Limited and National Stock Exchange. For more details, visit the Investor section of our website at www.punjabchemicals.com and Financial Results at Corporate section of www.bseindia.com and www.nseindia.com. ii) These results have been prepared in accordance with Indian Accounting Standards (Ind AS) prescribed under Section 133 of the Companies Act, 2013 read with the relevant rules thereunder and in terms of Regulation 33 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015. iii) The Group (Company and its subsidiary) is engaged in the single operating segment Performance Chemicals. The consolidated financial results include results of its wholly owned subsidiary SD Agchem (Europe) N.V. iv) On 30th April 2025, the Board of Directors had recommended a final dividend of Rs.3.00 (30%) per equity share (face value of Rs.10 per equity share) for the financial year ended 31st March 2025, which has been approved by the shareholders in the Annual General Meeting held on 29th July, 2025. Accordingly, Rs.368 lakhs was appropriated as distribution to equity shareholders during the quarter ended 30th September 2025. v) During the previous year, the Holding Company has received demand order from Department of Goods and Services tax (Government of Maharashtra) office of the Dy. commissioner of state tax relating to FY 2019-20 of Rs. 769 lakhs including interest and penalty on account of nonpayment of Goods and Service Tax on transfer of leasehold right by the Holding Company in that year. Holding Company, after taking view of their legal counsel had decided to avail benefit of Amnesty Scheme u/s 128A of CGST Act, 2017 and paid Rs. 418 lakhs towards full and final settlement of the above demand order in the previous year. Considering the amount being material for the interim period, the same has been shown as exceptional item in the statement of profit and loss for the previous period. vi) During the quarter ended 30th September 2025, the Holding Company has received final orders from ITAT for AY 2008-09 and 2009-10 in favor of the company. Consequently, the Company has accrued interest income amounting to Rs. 282 Lakhs on refunds and reversed the provision for income tax amounting Rs. 200 Lakhs in respect of such years.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 30-09-2025
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Consolidated
Assets
1 Non-current assets
Property, plant and equipment 25,320.00
Capital work-in-progress 1,408.00
Investment property 0.00
Goodwill 0.00
Other intangible assets 409.00
Intangible assets under development 125.00
Biological assets other than bearer plants 0.00
Investments accounted for using equity method 0.00
Non-current financial assets
Non-current investments 157.00
Trade receivables, non-current 0.00
Loans, non-current 0.00
Other non-current financial assets 491.00
Total non-current financial assets 648.00
Deferred tax assets (net) 0.00
Other non-current assets 1,006.00
Total non-current assets 28,916.00
2 Current assets
Inventories 15,809.00
Current financial asset
Current investments 233.00
Trade receivables, current 18,161.00
Cash and cash equivalents 2,079.00
Bank balance other than cash and cash equivalents 585.00
Loans, current 14.00
Other current financial assets 1,266.00
Total current financial assets 22,338.00
Current tax assets (net) 0.00
Other current assets 2,167.00
Total current assets 40,314.00
3 Non-current assets classified as held for sale 30.00
4 Regulatory deferral account debit balances and related deferred tax Assets 0.00
Total assets 69,260.00
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 1,226.00
Other equity 38,761.00
Total equity attributable to owners of parent 39,987.00
Non controlling interest 0.00
Total equity 39,987.00
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 5,036.00
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises 0.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 0.00
Total Trade payable 0.00
Other non-current financial liabilities 235.00
Total non-current financial liabilities 5,271.00
Provisions, non-current 712.00
Deferred tax liabilities (net) 1,016.00
Deferred government grants, Non-current 0.00
Other non-current liabilities 0.00
Total non-current liabilities 6,999.00
Current liabilities
Current financial liabilities
Borrowings, current 7,368.00
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 982.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 9,485.00
Total Trade payable 10,467.00
Other current financial liabilities 2,996.00
Total current financial liabilities 20,831.00
Other current liabilities 423.00
Provisions, current 387.00
Current tax liabilities (Net) 633.00
Deferred government grants, Current 0.00
Total current liabilities 22,274.00
3 Liabilities directly associated with assets in disposal group classified as held for sale 0.00
4 Regulatory deferral account credit balances and related deferred tax liability 0.00
Total liabilities 29,273.00
Total equity and liabilites 69,260.00
Disclosure of notes on assets and liabilities



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-07-2025 01-04-2025
Date of end of reporting period 30-09-2025 30-09-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Amount of items that will not be reclassified to profit and loss (12.00) (23.00)
Total Amount of items that will not be reclassified to profit and loss (12.00) (23.00)
2 Income tax relating to items that will not be reclassified to profit or loss (3.00) (6.00)
3 Amount of items that will be reclassified to profit and loss
1 Amount of items that will be reclassified to profit and loss (83.00) (15.00)
Total Amount of items that will be reclassified to profit and loss (83.00) (15.00)
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income (92.00) (32.00)



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 30-09-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Consolidated
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 4,950.00
Adjustments for reconcile profit (loss)
Adjustments for finance costs 774.00
Adjustments for decrease (increase) in inventories 6,428.00
Adjustments for decrease (increase) in trade receivables, current 5,557.00
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets 0.00
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current 860.00
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current (9,627.00)
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities 0.00
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 1,315.00
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current (706.00)
Adjustments for provisions, non-current 764.00
Adjustments for other financial liabilities, current 0.00
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains (198.00)
Adjustments for dividend income 0.00
Adjustments for interest income 0.00
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) 0.00
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow 0.00
Other adjustments to reconcile profit (loss) (539.00)
Other adjustments for non-cash items 0.00
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 4,628.00
Net cash flows from (used in) operations 9,578.00
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 1,282.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 8,296.00
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 21.00
Purchase of property, plant and equipment 1,907.00
Proceeds from sales of investment property 0.00
Purchase of investment property 0.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 0.00
Cash receipts from repayment of advances and loans made to other parties 0.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 0.00
Interest received 39.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (187.00)
Net cash flows from (used in) investing activities (2,034.00)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings (1,726.00)
Repayments of borrowings 2,487.00
Payments of lease liabilities 164.00
Dividends paid 366.00
Interest paid 723.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) financing activities (5,466.00)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes 796.00
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents (15.00)
Net increase (decrease) in cash and cash equivalents 781.00
Cash and cash equivalents cash flow statement at beginning of period 1,298.00
Cash and cash equivalents cash flow statement at end of period 2,079.00