Integrated Filing — IndAS



General information about company

Scrip Code 532853
NSE Symbol ASAHISONG
MSEI Symbol NOTLISTED
ISIN INE228I01012
Name of company ASAHI SONGWON COLORS 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 29-01-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 20-01-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Third 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 Multi segment
Description of single segment
Start date and time of board meeting 29-01-2026   11:30:00
End date and time of board meeting 29-01-2026   12:50:00
Whether cash flow statement is applicable on company
Type of cash flow statement
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 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 12,064.94 39,142.56
Other income 9.97 320.99
Total income 12,074.91 39,463.55
2 Expenses
(a) Cost of materials consumed 8,791.22 27,744.19
(b) Purchases of stock-in-trade 47.30 85.71
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (814.93) (1,363.98)
(d) Employee benefit expense 739.38 2,083.78
(e) Finance costs 295.72 894.36
(f) Depreciation, depletion and amortisation expense 474.62 1,407.41
(f) Other Expenses
1 Power and Fuel 811.64 2,857.87
2 Other Expenses 1,464.30 4,705.11
Total other expenses 2,275.94 7,562.98
Total expenses 11,809.25 38,414.45
3 Total profit before exceptional items and tax 265.66 1,049.10
4 Exceptional items 0.00 0.00
5 Total profit before tax 265.66 1,049.10
6 Tax expense
7 Current tax 137.66 516.78
8 Deferred tax (98.40) (163.26)
9 Total tax expenses 39.26 353.52
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 226.40 695.58
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 226.40 695.58
17 Other comprehensive income net of taxes 85.77 (11.11)
18 Total Comprehensive Income for the period 312.17 684.47
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 248.14 789.77
Total profit or loss, attributable to non-controlling interests (21.74) (94.19)
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 333.90 778.66
Total comprehensive income for the period attributable to owners of parent non-controlling interests (21.73) (94.19)
21 Details of equity share capital
Paid-up equity share capital 1,178.73 1,178.73
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 2.11 6.7
Diluted earnings (loss) per share from continuing operations 2.11 6.7
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 2.11 6.7
Diluted earnings (loss) per share from continuing and discontinued operations 2.11 6.7
24 Debt equity ratio 0 0
25 Debt service coverage ratio 0 0
26 Interest service coverage ratio 0 0
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) Notes: 1. The above Consolidated unaudited financial results have been reviewed by the Audit Committee and thereafter approved by the Board of Directors of the group in their respective meetings held on January 29, 2026. 2. The Statutory auditors of the respective company have carried out Limited Review of the financial results for the quarter ended and Nine Months Ended December 31, 2025 as per Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. 3 The Unaudited Consolidated financial results are prepared in accordance with principles and procedures as set out in the Ind AS 110 Consolidatd Financial Statements prescribed under section 133 of the Companies Act, 2013 read with relevant rules issued thereunder. The consolidated financial results include financial results of the following entities: Asahi Songwon Colors Limited - Parent Company Asahi Tennants Color Private Limited - Subsidiary Atlas Life Sciences Private Ltd - Wholly owned Subsidiary Atlas Life Sciences (India) Private Ltd - Wholly owned subsidiary Plutoeco Enviro Association - Associate Company 4 The group operates in a single segment and in line with Ind AS - 108 - Operating Segments, the operation of the group fall under Chemical Business which is considered to be the only reportable business segment. 5 The Group has reported segment information as per the Ind AS 108, “Operating Segments”, as below: Name of Segment Main Product Groups Chemicals Dyes and Pigments Life Science Chemicals API and API Intermediates 6 The Government of India has consolidated 29 existing labour legislations into a unified framework comprising four labour codes, viz., the Code on Wages, 2019; the Code on Social Security, 2020; the Industrial Relations Code, 2020; and the Occupational Safety, Health and Working Conditions Code, 2020 (collectively referred to as the New Labour Codes”). The New Labour, Codes have been made effective from November 21, 2025. The Ministry of Labour & Employment published draft Central Rules and FAQ to enable assessment of the financial impact due to changes in regulations. In this regard, the Company has conducted an initial evaluation and, at this stage, does not anticipate any significant impact. However, a detailed assessment is currently underway to determine the implications, including any potential effect on the financial statements. Since this excise is still in progress, any impact, if identified will be accumulated for upon completion of the implementation process in the subsequent quarter. 7 The figures for the previous period has been regrouped / re-arranged to make them comparable with the current period figures. For and on behalf of Board of Directors Asahi Songwon Colors Limited Place : Ahmedabad Mrs. Paru M. Jaykrishna Date : January 29, 2026 Chairperson & Mg.Director



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


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 01-10-2025 01-04-2025
Date of end of reporting period 31-12-2025 31-12-2025
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)
1 PIGMENTS 9,312.71 31,296.67
2 API 2,762.20 8,166.88
Total Segment Revenue 12,074.91 39,463.55
Less: Inter segment revenue 0.00 0.00
Revenue from operations 12,074.91 39,463.55
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 PIGMENTS 517.23 1,889.41
2 API 44.15 54.05
Total Profit before tax 561.38 1,943.46
i. Finance cost 295.72 894.36
ii. Other Unallocable Expenditure net off Unallocable income 0.00 0.00
Profit before tax 265.66 1,049.10
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 PIGMENTS 59,013.34 59,013.34
2 API 17,040.13 17,040.13
Total Segment Asset 76,053.47 76,053.47
Un-allocable Assets (19,004.07) (19,004.07)
Net Segment Asset 57,049.40 57,049.40
4 Segment Liabilities
Segment Liabilities
1 PIGMENTS 21,211.37 21,211.37
2 API 14,862.42 14,862.42
Total Segment Liabilities 36,073.79 36,073.79
Un-allocable Liabilities (7,782.45) (7,782.45)
Net Segment Liabilities 28,291.34 28,291.34
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 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
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 46.94 46.94
Total Amount of items that will not be reclassified to profit and loss 46.94 46.94
2 Income tax relating to items that will not be reclassified to profit or loss 11.86 11.86
3 Amount of items that will be reclassified to profit and loss
1 Amount of items that will be reclassified to profit and loss 67.74 (61.72)
Total Amount of items that will be reclassified to profit and loss 67.74 (61.72)
4 Income tax relating to items that will be reclassified to profit or loss 17.05 (15.53)
5 Total Other comprehensive income 85.77 (11.11)