Integrated Filing — IndAS



General information about company

Scrip Code 506642
NSE Symbol SADHNANIQ
MSEI Symbol NOTLISTED
ISIN INE888C01040
Name of company Sadhana Nitro Chem 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 10-02-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 04-02-2026
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 Single segment
Description of single segment Manufacturing of Chemical intermediates, heavy organic chemicals and performance chemicals
Start date and time of board meeting 10-02-2026   16:15:00
End date and time of board meeting 10-02-2026   17:00:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



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 976.00 4,056.00
Other income 120.00 521.00
Total income 1,096.00 4,577.00
2 Expenses
(a) Cost of materials consumed 347.00 1,115.00
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 1,229.00 3,135.00
(d) Employee benefit expense 496.00 1,471.00
(e) Finance costs 687.00 1,573.00
(f) Depreciation, depletion and amortisation expense 387.00 1,220.00
(f) Other Expenses
1 Power and fuel 91.00 261.00
2 Insurance 24.00 69.00
3 Legal & Professional fees 92.00 250.00
4 Security Charges 40.00 119.00
5 Other Manufacturing Expenses 7.00 52.00
6 Effluent Expenses 17.00 51.00
7 Bad debts & Provision for Doubtful Debts 20.00 68.00
8 Sundry Balances Written off 1.00 36.00
9 Fair Value lease liabilities 113.00 113.00
10 Other Expenses 18.00 339.00
Total other expenses 423.00 1,358.00
Total expenses 3,569.00 9,872.00
3 Total profit before exceptional items and tax (2,473.00) (5,295.00)
4 Exceptional items 0.00 0.00
5 Total profit before tax (2,473.00) (5,295.00)
6 Tax expense
7 Current tax 0.00 0.00
8 Deferred tax 41.00 (15.00)
9 Total tax expenses 41.00 (15.00)
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 (2,514.00) (5,280.00)
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 (2,514.00) (5,280.00)
17 Other comprehensive income net of taxes 18.00 (13.00)
18 Total Comprehensive Income for the period (2,496.00) (5,293.00)
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 3,294.00 3,294.00
Face value of equity share capital 1 1
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 -0.76 -1.6
Diluted earnings (loss) per share from continuing operations 0.76 -1.6
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 -0.76 -1.6
Diluted earnings (loss) per share from continuing and discontinued operations 0.76 -1.6
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) 1) The above unaudited consolidated financial results for the quarter & nine month period ended December 31, 2025 were reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on February 10, 2026. These unaudited consolidated financial results have been prepared in accordance with the Indian Accounting Standards (Ind-AS) as specified under Section 133 of the Companies Act, 2013 read with rule 3 of the Companies (Indian Accounting Standards) Rules, 2015 (as amended from time to time) and the provisions of the Companies Act, 2013 and in terms of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. 2) These above unaudited consolidated results for the quarter & nine month period ended December 31, 2025 are reviewed by the Statutory Auditors of the Company, under regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. An unmodified report was issued by them thereon. 3) The above results comprise the results of Sadhana Nitro Chem Limited (Parent Company) and Anuchem B.V.B.A, Belgium wholly owned subsidiary: 4) The Group is primarily engaged in one business segment i.e. manufacturing of chemical intermediates, heavy organic chemicals and performance chemicals which is its primary segment. 5) During the quarter & nine month period ended December 31, 2025 the Group recorded a higher-than-usual loss. This outcome is attributable to two primary factors: a. Marginal Improvement in the working the Company during current quarter: The Company experienced certain technical constraints in its production facilities & liquidity challenges, during the previous quarter, the company has overcome the same and the operations have started streamlining during the current quarter. The company is on the path to reach its capacities in coming quarters. b. Lower Export Offtake in Key Markets Due to External Trade Conditions: The tariff-related developments affecting the United States had created uncertainty around the import of finished goods into the American market. As a result, customers have adjusted their procurement schedules, including deferring certain planned deliveries until greater clarity emerges. This had also led some European customers to revise delivery timelines to the second half of the year in response to the shifting demand environment. The situation has since been stabilised after the trade agreement. 6) On November 21, 2025, the Government of India notified provisions of the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020, and the Occupational Safety, Health and Working Conditions Code, 2020 (Labour Codes), which consolidate twenty-nine existing labour laws into a unified framework governing employee benefits during employment and post-employment. The Labour Codes, amongst other things, introduced changes including a uniform definition of wages and enhanced benefits relating to leave. The Holding Company has assessed the financial implications of these changes, which has resulted in an increase in gratuity arising out of past service cost by Rs. 23.65 lakhs. The Holding Company continues to monitor developments pertaining to the Labour Codes and will evaluate the impact, if any, on the measurement of liabilities pertaining to employee benefits. 7) Previous period figures have been regrouped /reclassified, wherever necessary to conform to current period classification. 8) The above is an extract of the detailed format of the results for the quarter and nine month period ended December 31, 2025 filed with Stock Exchange, under Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘(Results’). The complete format of the results is available on www.bseindia.com, www.nseindia.com and on the company’s website at www.sncl.com.



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)
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 01-10-2025 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 Remeasurement of defined benefit plan 18.00 (13.00)
Total Amount of items that will not be reclassified to profit and loss 18.00 (13.00)
2 Income tax relating to items that will not be reclassified to profit or loss 0.00 0.00
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0.00 0.00
5 Total Other comprehensive income 18.00 (13.00)





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Unaudited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 JAYESH DADIA & ASSOCIATES LLP Yes 30-04-2028