Shree Pushkar Chemicals Announces Board Decisions, Director Changes, and Q1 2026 Financial Results
Shree Pushkar Chemicals & Fertilisers Limited has announced key decisions following its Board of Directors meeting held on August 12, 2026. The company reviewed the unaudited consolidated and standalone financial results for the quarter ended June 30, 2026, approved changes in senior management positions, and finalized appointments for Statutory Auditors and Cost Auditor.Director and Management Appointments
The Board meeting addressed significant changes within the company's directorial structure:- Director Resignation: Mr. Ramakant Madhav Nayak, a Non-Executive and Non-Independent Director, resigned effective August 13, 2026, due to advancing age. The Board recorded its appreciation for his contributions during his tenure.
- Additional Director Appointment: Mr. Raghav Punit Makharia was appointed as an Additional (Non-Executive and Non-Independent) Director, effective August 13, 2026. The company also recommended the appointment of Mr. Makharia as a Non-Executive and Non-Independent Director at the ensuing Annual General Meeting (AGM).
- Statutory Auditor Changes: M/s S. K. Patodia & Associates retired as Statutory Auditors upon completing their second five-year term, effective September 28, 2026. The Board recommended the appointment of M/s JASS & LLP to serve as the company's Statutory Auditors for a term of five consecutive years, beginning from the conclusion of the upcoming AGM until the AGM in 2031.
- Cost Auditor Appointment: Mr. Dilip M. Bathija was approved for the role of Cost Auditor for the Financial Year 2026-27.
Quarterly Financial Performance Highlights
The company presented both consolidated and standalone unaudited financial results for the quarter ended June 30, 2026, which were subject to a limited review by statutory auditors.Key figures from the Consolidated Statement of Unaudited Financial Results (in Lakhs) are summarized below:
| Particulars | Quarter Ended June 30, 2026 (Unaudited) | Quarter Ended March 31, 2026 (Audited) | Year Ended March 31, 2026 (Audited) |
|---|---|---|---|
| Revenue from Operations | 28,006.64 | - | - |
| Other Income | 25,450.54 | 21,817.37 | 97,662.55 |
| Total Income | 487.11 | 200.13 | 37,299 |
| Total Expenses | 258,2353 | 201,750 | 93,0153 |
| Profit Before Tax | 25,711.28 | 20,273.90 | 23,241.58 |
| Total Tax Expenses | 489.81 | 457.06 | 1,499.76 |
| Net Profit for the Period | 2,292.65 | 1,286.54 | 7,009.76 |
Standalone Financial Results (Q1 FY2026)
The standalone unaudited results also showed a strong financial profile:| Particulars | Quarter Ended June 30, 2026 (Unaudited) | Quarter Ended March 31, 2026 (Audited) | Year Ended March 31, 2026 (Audited) |
|---|---|---|---|
| Revenue from Operations | 15,74099 | 14,365.82 | 56,69021 |
| Other Income | 411.18 | 7,447 | 93,871 |
| Total Income | 16,1527 | 14,731.28 | 57,628.92 |
| Total Expenses | 14,459.48 | 13,332.87 | 52,072.37 |
| Profit Before Tax | 1,692.69 | 1,398.41 | 5,556.55 |
AGM and Operational Updates
The company announced that the 33rd Annual General Meeting (AGM) will be held on Monday, September 28, 2026, at 3:00 p.m., which will be conducted via Video Conferencing or other Audio Visual Means. The Record Date for determining members entitled to the payment of Final Dividend for the financial year 2025-26 has been set as Friday, September 18, 2026.The Board meeting reviewed the results and confirmed that the company continues its operations in the manufacture of Chemicals and Fertilisers, with no separate reportable business segment for the quarter ended June 30, 2026.
SHREEPUSHK Stock Price Movement
Shares of Shree Pushkar Chemicals & Fertilisers Limited shed 2.56% on Wednesday, settling at ₹400.9 amid downward pressure. The stock traded within a day range of ₹398 to ₹417.7 during 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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.