Diamines and Chemicals Limited Approves Q1 Results, Announces Investment in Subsidiary and Discontinues Farming Trading Division
Diamines & Chemicals Limited released its unaudited financial results for the quarter ended June 30, 2026. The company’s Board of Directors approved the consolidated and standalone financials, alongside several operational updates, including a significant investment planned for its wholly owned subsidiary. The management also confirmed the immediate discontinuation of the Farming Trading Division within the company's structure.The results reflect ongoing business activities across various segments, while strategic moves solidify the focus on core manufacturing and process development.
Financial Highlights (Standalone)
The unaudited standalone financial results for the quarter ended June 30, 2026, showed performance across all key metrics for the company as a whole. Key figures from the standalone results are detailed below:| Particulars | Quarter ended June 30, 2026 (Unaudited) | Quarter ended March 31, 2026 (Audited) | Quarter ended June 30, 2025 (Unaudited) | Year Ended March 31, 2026 (Audited) |
|---|---|---|---|---|
| Revenue from Operations | 1,436.85 Lakhs | 928.72 Lakhs | 1,222.95 Lakhs | 3,845.77 Lakhs |
| Total Income | 1,504.92 Lakhs | 1,036.53 Lakhs | 1,427.71 Lakhs | 4,308.15 Lakhs |
| Profit before Tax (PBT) | 27.32 Lakhs | (293.68) Lakhs | (260.70) Lakhs | (1,252.35) Lakhs |
Consolidated Performance Update
The consolidated unaudited results covering the Holding Company and its subsidiaries, including a share of loss from an Associate, revealed the following operational status:| Particulars | Quarter ended June 30, 2026 (Unaudited) | Quarter ended March 31, 2026 (Audited) | Quarter ended June 30, 2025 (Unaudited) | Year Ended March 31, 2026 (Audited) |
|---|---|---|---|---|
| Revenue from Operations | 1,437.20 Lakhs | 928.72 Lakhs | 1,225.10 Lakhs | 3,847.92 Lakhs |
| Total Income | 1,488.23 Lakhs | 1,020.52 Lakhs | 1,413.73 Lakhs | 4,241.81 Lakhs |
| Net Profit after Taxes (Consolidated) | (10.33) Lakhs | (241.57) Lakhs | (281.48) Lakhs | (1,278.31) Lakhs |
Operational and Strategic Decisions
The Board meeting addressed several significant business activities and strategic adjustments:Project Status and Investment:
The project is nearing substantial completion across mechanical erection, utilities integration, instrumentation, electrical systems, and process commissioning. All major equipment and auxiliary systems have been successfully installed. Initial processes have shown satisfactory performance during trial operations, although the downstream section remains a focus of development. Commercial production has not yet commenced as the distillation process continues optimization.
Additionally, the Board approved an additional investment of Rs. 40 Crores into the wholly owned subsidiary. This funding is planned to be met via unsecured loan, debenture, equity, or preference shares and aims to fulfill long-term capital and operational expenditure requirements for the subsidiary.
Divisional Changes and Transactions:
The company has discontinued its Trading Division in the farming industry (Fruits & Vegetables segment) immediately, noting that there had been no business activity in this division since the previous year.
In a related transaction, the Board considered and approved the allotment of 2,127 equity shares, each with a face value of Rs. 10/-, to eligible employees under the DACL-ESOP 2021 scheme. Following this allotment, the paid up equity share capital increased from Rs. 10,05,33,920/- (divided into 1,00,53,392 equity shares) to Rs. 10,05,55,190/-, corresponding to a total of 1,00,55,519 equity shares at the Rs. 10/- face value.
Segment Performance Details
The company operates two reportable segments: Speciality Chemicals and Trading in Fruits and Vegetables. The segment performance details are summarized as follows:Standalone Segment Results:
| Segments | Qtr Ended June 30, 2026 (Unaudited) | Profit before Tax |
|---|---|---|
| Speciality Chemicals | 17,478.36 (Assets) | 29.68 Lakhs |
| Trading in Fruits and Vegetables | N/A | N/A |
Consolidated Segment Results:
| Segments | Qtr Ended June 30, 2026 (Unaudited) | Profit before Tax |
|---|---|---|
| Speciality Chemicals | 16,837.13 (Assets) | (2.40) Lakhs |
| Trading in Fruits and Vegetables | N/A | N/A |
DIAMINESQ Stock Price Movement
Shares of Diamines & Chemicals Limited are edging higher to ₹273.00 as of 2:56 PM, after rallying dramatically by 13.84% in live trading. Trading volume stands robustly at 198,348 shares as the stock continues its climb throughout the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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