Stallion India Fluorochemicals Approves Quarterly Results, Outlines Future Plans
Stallion India Fluorochemicals Limited announced key outcomes from its Board meeting held on August 12, 2026. The company approved the Unaudited Financial Results for the quarter ending June 30, 2026, and subsequently reviewed several critical aspects of corporate governance and future planning, including the utilization of net IPO proceeds.The Board meeting considered the results in conjunction with a Limited Review Report issued by the Statutory Auditors. The company also approved the Secretarial Audit Report for the financial year ended March 31, 2026, along with the Directors' Report, Management Discussion and Analysis Report, and the Corporate Governance Report for the same period.
Financial Performance Snapshot (Quarter Ended June 30, 2026)
The Unaudited Financial Results reflect the company's performance across various metrics for the quarter ended June 30, 2026. The following details summarize the financial 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 & Other income | 1,214,460 | 109,9943 | 11,0679 | 43,06780 |
| Total Income | 207 | 13,009 | 737 | 34,450 |
| Expenses & Cost of materials consumed | 758,532 | 167,628 | 218,71 | 3,691,024 (2,395.94) |
| Tax expense | 918 | 87,44047 | 598,570 | 754,8891 |
| Finance costs/Depreciation and amortization expenses | - | - | 614,966841 | - |
| Total Expenses | - | - | - | 181,572 |
| Profit before tax | 247,888 | - | - | 5,897.96 |
| Net Worth | 6,991,833 | 65,0035 | 3,102,700 | 0035 |
IPO Proceeds and Future Commitments
The company confirmed that it received INR 1,447,487 lakh from the proceeds of a fresh equity share issue (which included net IPO expenses of INR 1.598 lakhs).The utilization of these net IPO proceeds is detailed below:
| Purpose | Proceeds as per Prospectus | Net IPO Proceeds |
|---|---|---|
| Funding incremental working capital requirements | - | - |
| Funding CAPEX for Semi-conductor & Specially Gas debulking, blending facility & Land acquisition (Khalapur, Maharashtra) | 257,466 | 266,177 |
| Funding CAPEX for Refrigerant debulking & blending facility (Mumbai, Andhra Pradesh) | - | 101,678 |
| Issue Related Expenses | 58 | 39,908 |
The management noted that the allocation of IPO proceeds was revised via a Special Resolution passed on May 30, 2026. As part of this revision, the company proposed to use the funds for acquiring approximately two acres of land in Khalapur, Maharashtra, instead of the originally planned warehouse construction, resulting in a differential cost of 20.13 crore.
AGM and Governance Matters
The Board also approved several matters relating to corporate governance and future meetings:- Annual General Meeting (AGM): A draft notice convening the AGM was approved for Monday, September 21, 2026, scheduled at 4:00 PM. The book closure period for the AGM has been set from September 15, 2026, to September 21, 2026.
- Director Regularization: The company considered and approved placing before shareholders the regularization of Ms. Swati Ghosh (DIN: 08789050) from Additional Independent Director to Woman Independent Director at the forthcoming AGM.
STALLION Stock Price Movement
Today, Stallion India Fluorochemicals Limited shares edged higher to close on a post-market session, gaining 4.99% and settling at ₹253.35. The stock saw significant movement throughout the day, trading within a range from a low of ₹229.25 to a high of ₹253.35 amid 855,511 shares traded.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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