Shree Pushkar Q3 FY26 Revenue Grows 14.6% to Rs 248.9 Cr

Shree Pushkar Chemicals & Fertilisers reports Q3 FY26 revenue of Rs 248.9 crores, up 14.6% YoY, with PAT rising 13.5% to Rs 18.1 crores. Company progresses expansion plans at Ratnagiri and Meghnagar facilities.

Shree Pushkar Chemicals Establishes 98.04% Subsidiary in Bangladesh

Shree Pushkar Chemicals has formed a 98.04% owned subsidiary called 'Dyecol Bangladesh Limited' to enhance its marketing operations in Bangladesh. This expansion move allows the company to strengthen its presence and business activities in the Bangladeshi market.

Shree Pushkar Chemicals Reports 45% Revenue Growth, Announces Rs 350 Crore Expansion

Shree Pushkar Chemicals & Fertilisers delivered strong Q2 FY26 performance with revenue rising 45.2% to Rs 255 crores and PAT growing 36.7% to Rs 18.2 crores, driven by higher realizations across fertilizer and chemical segments. The company announced a new Rs 350 crore expansion project at Meghnagar adding 3 lakh metric tons capacity, targeting commissioning by FY28, while facing delays in Unit 5 and Unit 6 commissioning due to electricity connection issues expected to resolve by February 2026.

Shree Pushkar Chemicals Approves Rs 350 Crore Expansion and Warrant Issue to Promoter

Shree Pushkar Chemicals & Fertilisers Limited's board approved several key decisions including unaudited financial results for the second quarter and half year ended September 30, 2025. The company announced a Rs 350 crore capital expenditure for expanding its wholly owned subsidiary Madhya Bharat Phosphate Private Limited at Meghnagar, Jhabua, Madhya Pradesh, adding 3,00,000 MTPA capacity for complex fertilizers by March 2028. To fund this expansion, the board approved issuing up to 7,36,196 fully convertible warrants at Rs 407.50 each to promoter Gautam Gopikishan Makharia, raising approximately Rs 30 crores. The company also approved increasing authorized share capital from Rs 32.50 crores to Rs 33.50 crores and scheduled an extraordinary general meeting for December 10, 2025. The consolidated revenue from operations for the quarter was Rs 25,508.62 lakhs compared to Rs 17,562.28 lakhs in the previous year quarter.