Diamines & Chemicals Approves Audited Financial Results and Key Director Appointments

Diamines & Chemicals Approves Audited Financial Results and Key Director Appointments​

Diamines & Chemicals Limited announced the outcomes of its Board of Directors meeting held on May 18, 2026. During the meeting, the board considered and approved the Standalone and Consolidated Audited Financial Results for the period ended March 31, 2026, alongside key reappointments and appointments of statutory auditors.

Board Approvals and Governance Appointments​

The Board meeting, which commenced at 1:37 P.M and concluded at 3:20 P.M, transacted several major business approvals regarding the company's governance and accounting functions.

The company approved the reappointment of Mr. Tanmay Godiawala as Executive Director for a period of 3 years, effective from February 06, 2027, subject to the approval of the Members. Additionally, Mr. Rajendra Chhabra was approved for reappointment as a Non-Executive Director in the category of Professional Director for 3 years, effective from November 06, 2026, subject to Members’ approval.

Regarding the company’s audit structure, the Board approved the following appointments for the Financial Year 2026-27:

• Cost Auditor: M/s S S Puranik & Associates, Cost and Management Accountants.
• Internal Auditors: M/s CNK & Associates LLP.
• Tax Auditors: M/s. K. C. Mehta & Co. LLP.

Furthermore, the Board considered and approved the remuneration payable to all Non-Executive Directors by way of a commission on net profits for the financial years 2026-27 through 2030-31, subject to the approval of the Members.

Audited Financial Results Overview​

The company approved the Standalone and Consolidated Audited Financial Results for the year ended March 31, 2026.

Standalone Financial Performance​

For the standalone results, the total income for the year ended March 31, 2026, stood at 4,241.81 Lakhs. This was against an expense total of 5,637.51 Lakhs, leading to a total profit before tax of (1,395.70) Lakhs. The total tax expenses recorded were (140.98) Lakhs. The net profit after taxes and share of profit/loss of associate was (241.57) Lakhs.

The summary of the standalone financial figures is presented below:

Consolidated Financial Performance​

The consolidated results showed a Total Income of 3,847.92 Lakhs for the year ended March 31, 2026. The Profit before Tax stood at (1,395.70) Lakhs. After accounting for tax expenses of (140.98) Lakhs, the net profit after taxes and share of profit/loss of associate was (1,278.31) Lakhs.

The consolidated segment revenues were comprised of:

• Speciality Chemicals: 3,847.92 Lakhs
• Trading in Fruits and Vegetables: -

Consolidated Assets and Liabilities Snapshot
The consolidated balance sheet as of March 31, 2026, showed total assets of 17,444.18 Lakhs, against total equity and liabilities of 17,800.01 Lakhs.


Note: All figures are in Lakhs.

DIAMINESQ Stock Price Movement​

Today, Diamines & Chemicals Limited shares edged higher, settling at ₹282.25 following a solid gain of 3.41% for the day. The equity finished its trading session with a total volume of 10,569 shares.