Daikaffil Chemicals India Approves Revised Consolidated Financial Results for FY2026; Cash Flow Statement Incorporated

Daikaffil Chemicals India Approves Revised Consolidated Financial Results for FY2026; Cash Flow Statement Incorporated

Daikaffil Chemicals India Approves Revised Consolidated Financial Results for FY2026; Cash Flow Statement Incorporated​

Daikaffil Chemicals India Ltd has approved its Revised Audited Consolidated Financial Results for the quarter and financial year ended March 31, 2026. The revision was undertaken solely to incorporate the Consolidated Statement of Cash Flows, which was not included in the previously approved consolidated results.

The Board of Directors confirmed that there were no changes whatsoever to the substance of the Audited Standalone Financial Results, which had been approved on May 28, 2026. The company’s statutory auditors, M/s N V C & Associates LLP, issued an unmodified opinion on these revised results.

The company's consolidated financial performance metrics for the year ended March 31, 2026, reflect total income of 1,340.06 Lakhs, derived from a revenue of 1,334.75 Lakhs and other income totaling 5.31 Lakhs. Total expenses were reported at 1,565.68 Lakhs, resulting in a net loss after tax for the year amounting to 221.41 Lakhs.

Financial Highlights​

The following table summarizes key financial performance indicators (figures are in Rupees Lakhs):

MetricQuarter Ended March 31, 2026Year Ended March 31, 2026
Revenue from Operations196.651,334.75
Total Income198.431,340.06
Total Expenses291.581,565.68
Profit/(Loss) for the period after taxes(92.66)(221.41)

The consolidated balance sheet as of March 31, 2026, reported total assets at 941.70 Lakhs. Equity stands at 677.62 Lakhs, comprising 600.00 Lakhs in equity share capital and 71.62 Lakhs in other equity.

Cash Flow and Operational Review​

The analysis of the Consolidated Statement of Cash Flows shows that Cash flow from operating activities totaled 63.83 Lakhs for the year ended March 31, 2026. Investing activities resulted in a net cash outflow of (39.07) Lakhs, primarily driven by a purchase of fixed assets (including Capital Work in Progress) amounting to (a1.47) Lakhs.

The Board noted internal communications regarding observations from the Exchange concerning the submission of the Consolidated Statement of Cash Flows. The management explained that the revision was necessary after obtaining professional advice on Ind AS 7, allowing the company to prepare the statement using the indirect method by reconciling movements between the opening standalone and closing consolidated financial statements.

Key aspects of the consolidated results include:
  • The company incorporated a subsidiary, Mikusu Global Industries Limited, on August 22, 2025, and these revised results represent the first consolidated financial statements prepared for this entity.
  • The Group is engaged in manufacturing OBA and other chemicals activities.

Management confirmed that the Revised Consolidated Financial Results have been approved by the Board of Directors, and the Statutory Auditors' report carries an unmodified opinion on the audited annual results.

Stock Price Movement​

Daikaffil Chemicals India Ltd. settled at ₹47.24 on Tuesday, edging higher after recording a 1.99% gain for the day. The shares traded within an intraday range, starting at a low of ₹45.40 and reaching a high of ₹47.24.
 

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