Polychem News

Polychem Limited Reports Quarterly Financial Results for Quarter Ended September 30, 2025

Polychem Limited's Board of Directors approved standalone and consolidated unaudited financial results for the quarter and half-year ended September 30, 2025. The board meeting was held on November 12, 2025, starting at 11:30 a.m. and concluding at 2:30 p.m. The company's standalone results show total income of Rs. 1,099.03 lakhs for the half-year period. Net profit for the half-year was Rs. 336.76 lakhs. The company maintains a paid-up equity share capital of Rs. 40.40 lakhs with face value of Rs. 10 per share. Total assets stood at Rs. 3,797.90 lakhs as of September 30, 2025. The consolidated results include subsidiary Gujarat Poly Electronics Limited, which reported total revenue of Rs. 467.83 lakhs and Rs. 1,191.63 lakhs for the quarter and half-year respectively. The financial statements were reviewed by statutory auditors Nayan Parikh & Co., who provided limited review reports for both standalone and consolidated results.

Gujarat Poly Electronics Completes Rs 29 Crore Property Sale to Tirex Transmission

Gujarat Poly Electronics Limited, a material subsidiary of Polychem Limited, has executed an agreement to sell leasehold rights to a 12,022.40 square metre plot and factory building ownership rights to Tirex Transmission Private Limited for Rs 29 crore. The property is located at Plot No. B-18, Gandhinagar Electronic Estate. Gujarat Industrial Development Corporation granted provisional transfer order on October 1, 2025, with final completion pending receipt of final transfer orders from GIDC. The transaction received shareholder approval on September 1, 2025. Gujarat Poly Electronics reported turnover of Rs 1,779.24 lakhs and has arranged to relocate operations to a new location without adverse impact on turnover. The buyer is not related to the promoter group and the transaction will be conducted on an arms' length basis.

Polychem Limited Reports Q1 FY2026 Financial Results with Standalone Revenue of ₹646.25 Lakhs

Polychem Limited's Board approved standalone and consolidated unaudited financial results for the quarter ended June 30, 2025. The company reported standalone net sales of ₹619.95 lakhs and total income of ₹687.38 lakhs for the quarter. Net profit after tax stood at ₹58.20 lakhs with earnings per share of ₹14.40. On a consolidated basis, the company achieved net sales of ₹1,293.68 lakhs and total income of ₹1,357.24 lakhs, with consolidated net profit of ₹118.38 lakhs. The company operates through three business segments: Property Development, Specialty Chemicals, and Manufacturing and trading in Capacitors. The results were reviewed by statutory auditors M/s. Nayan Parikh & Co. and approved during a board meeting held on August 6, 2025.

Polychem's Subsidiary Gujarat Poly Electronics to Sell Land and Factory for Rs 29 Crore

Polychem Limited's board approved the sale of leasehold rights to a 12,022.40 square meter plot and factory building ownership rights by its material subsidiary Gujarat Poly Electronics Limited (GPEL) to Tirex Transmission Private Limited for Rs 29 crore. The property is located at Plot No. B-18, Gandhinagar Electronic Estate. GPEL, which has a turnover of Rs 1,779.24 lakhs, has arranged to relocate operations to avoid adverse impact on revenue. The transaction requires shareholder approval through an Extraordinary General Meeting scheduled for September 1, 2025. The buyer is not part of the promoter group and the transaction will be conducted on an arms-length basis. Completion depends on obtaining shareholder consent and statutory approvals from Gujarat Industrial Development Corporation. The board also noted a BSE fine for non-compliance with NRC Committee composition requirements and has filed a waiver application.