General information about company

Scrip code*506618
NSE Symbol*PUNJABCHEM
MSEI Symbol*NOTLISTED
ISIN*INE277B01014
Name of companyPunjab Chemicals & Crop Protection Limited
Type of companyMain Board
Class of securityEquity
Date of start of financial year01-04-2025
Date of end of financial year31-03-2026
Date of board meeting when results were approved03-11-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange07-10-2025
Description of presentation currencyINR
Level of roundingLakhs
Reporting TypeQuarterly
Reporting QuarterSecond quarter
Nature of report standalone or consolidatedStandalone
Whether results are audited or unaudited for the quarter endedUnaudited
Whether results are audited or unaudited for the Year to date for current period ended/year endedUnaudited
Segment ReportingSingle segment
Description of single segmentPerformance Chemicals
Start date and time of board meeting03-11-2025 13:40
End date and time of board meeting03-11-2025 14:15
Whether cash flow statement is applicable on companyYes
Type of cash flow statementCash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualificationNot applicable
Whether the company has any related party?Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/publicNA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of bank’s staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.NA
(III) Whether the company is a ‘high value debt listed entity’ according to regulation 15 (1A)?No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?Yes
Latest Date on which RPT policy is updated28-01-2025
Indicate Company website link for updated RPT policy of the Companyhttps://www.punjabchemicals.com/wp-content/uploads/2025/03/RPT-Policy.pdf
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter?No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity?Yes



Financial Results – Ind-AS

Particulars3 months/ 6 months ended (dd-mm-yyyy)Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period01-07-202501-04-2025
Date of end of reporting period30-09-202530-09-2025
Whether results are audited or unauditedUnauditedUnaudited
Nature of report standalone or consolidatedStandaloneStandalone
Part IBlue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1Income
Revenue from operations2537657235
Other income574910
Total income2595058145
2Expenses
(a)Cost of materials consumed1415731585
(b)Purchases of stock-in-trade69130
(c)Changes in inventories of finished goods, work-in-progress and stock-in-trade12175115
(d)Employee benefit expense 25655047
(e)Finance costs378773
(f)Depreciation, depletion and amortisation expense6531292
(g)Other Expenses
1Other Expenses48379423
Total other expenses48379423
Total expenses2387653365
3Total profit before exceptional items and tax20744780
4Exceptional items 00
5Total profit before tax20744780
6Tax expense
7Current tax185817
8Deferred tax150216
9Total tax expenses3351033
10Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement00
11Net Profit Loss for the period from continuing operations17393747
12Profit (loss) from discontinued operations before tax00
13Tax expense of discontinued operations00
14Net profit (loss) from discontinued operation after tax00
15Share of profit (loss) of associates and joint ventures accounted for using equity method00
16Total profit (loss) for period17393747
17Other comprehensive income net of taxes-9-17
18Total Comprehensive Income for the period17303730
19Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21Details of equity share capital
Paid-up equity share capital12261226
Face value of equity share capital1010
22Reserves excluding revaluation reserve
23Earnings per share
iEarnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations14.1830.56
Diluted earnings (loss) per share from continuing operations14.1830.56
iiEarnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations00
Diluted earnings (loss) per share from discontinued operations00
iiiEarnings per equity share (for continuing and discontinued operations)
Basic earnings (loss) per share from continuing and discontinued operations14.1830.56
Diluted earnings (loss) per share from continuing and discontinued operations14.1830.56
24Debt equity ratioTextual Information( 1)
25Debt service coverage ratioTextual Information( 2)
26Interest service coverage ratioTextual Information( 3)
27Disclosure of notes on financial resultsTextual Information(4)

Text Block

Textual Information(4)Notes:
i) The above Unaudited Standalone Financial Results as reviewed by the Audit Committee, have
been approved by the Board of Directors at their meeting held on 3rd November, 2025 and have
been subjected to Limited Review by the Statutory Auditors. The review report of the Statutory
Auditors is being filed with the BSE Limited and National Stock Exchange. For more details, visit
the Investor section of our website at www.punjabchemicals.com and Financial Results at
Corporate section of www.bseindia.com and www.nseindia.com.

ii) These results have been prepared in accordance with Indian Accounting Standards (Ind AS)
prescribed under Section 133 of the Companies Act, 2013 read with the relevant rules thereunder
and in terms of Regulation 33 of the SEBI (Listing Obligations & Disclosure Requirements)
Regulations 2015.

iii) The Company is engaged in the single operating segment Performance Chemicals.
iv) On 30th April 2025, the Board of Directors had recommended a final dividend of Rs.3.00 (30%)
per equity share (face value of Rs.10 per equity share) for the financial year ended 31st March
2025, which has been approved by the shareholders in the Annual General Meeting held on 29th
July, 2025. Accordingly, Rs.368 lakhs was appropriated as distribution to equity shareholders
during the quarter ended 30th September 2025.

v) During the previous year, the Company has received demand order from Department of Goods
and Services tax (Government of Maharashtra) office of the Dy. commissioner of state tax relating
to FY 2019-20 of Rs. 769 lakhs including interest and penalty on account of non-payment of Goods
and Service Tax on transfer of leasehold right by the Company in that year. Company, after taking
view of their legal counsel had decided to avail benefit of Amnesty Scheme u/s 128A of CGST
Act, 2017 and paid Rs. 418 lakhs towards full and final settlement of the above demand order in
the previous year. Considering the amount being material for the interim period, the same has been
shown as exceptional item in the statement of profit and loss for the previous period.

vi) During the quarter ended 30th September 2025, the Company has received final orders from
ITAT for AY 2008-09 and 2009-10 in favor of the company. Consequently, the Company has
accrued interest income amounting to Rs. 282 Lakhs on refunds and reversed the provision for
income tax amounting Rs. 200 Lakhs in respect of such years.



Statement of Asset and Liabilities

ParticularsHalf Year ended (dd-mm-yyyy)
Date of start of reporting period01-04-2025
Date of end of reporting period30-09-2025
Whether results are audited or unauditedUnaudited
Nature of report standalone or consolidatedStandalone
Assets
1 Non-current assets
Property, plant and equipment25320
Capital work-in-progress1408
Investment property0
Goodwill0
Other intangible assets220
Intangible assets under development125
Biological assets other than bearer plants0
Investments accounted for using equity method0
Non-current financial assets
Non-current investments1758
Trade receivables, non-current0
Loans, non-current0
Other non-current financial assets479
Total non-current financial assets2237
Deferred tax assets (net)0
Other non-current assets1006
Total non-current assets30316
2Current assets
Inventories15809
Current financial asset
Current investments233
Trade receivables, current18301
Cash and cash equivalents1769
Bank balance other than cash and cash equivalents585
Loans, current2355
Other current financial assets1266
Total current financial assets24509
Current tax assets (net)0
Other current assets2119
Total current assets42437
3Non-current assets classified as held for sale30
4Regulatory deferral account debit balances and related deferred tax Assets0
Total assets72783
Total current assets42437
3Non-current assets classified as held for sale30
4Regulatory deferral account debit balances and related deferred tax Assets0
Total assets72783
Equity and liabilities
1Equity
Equity attributable to owners of parent
Equity share capital1226
Other equity40570
Total equity attributable to owners of parent41796
Non controlling interest
Total equity41796
2Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current5036
Trade Payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises0
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises0
Total Trade payable0
Other non-current financial liabilities235
Total non-current financial liabilities5271
Provisions, non-current712
Deferred tax liabilities (net)1016
Deferred government grants, Non-current0
Other non-current liabilities0
Total non-current liabilities6999
Current liabilities
Current financial liabilities
Borrowings, current7368
Trade Payables, current
(A) Total outstanding dues of micro enterprises and small enterprises982
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises9475
Total Trade payable10457
Other current financial liabilities4747
Total current financial liabilities22572
Other current liabilities423
Provisions, current387
Current tax liabilities (Net)606
Deferred government grants, Current0
Total current liabilities23988
3Liabilities directly associated with assets in disposal group classified as held for sale0
4Regulatory deferral account credit balances and related deferred tax liability0
Total liabilities30987
Total equity and liabilities72783
Disclosure of notes on assets and liabilitiesTextual Information(1)

Other Comprehensive Income

Date of start of reporting period01-07-202501-04-2025
Date of end of reporting period30-09-202530-09-2025
Whether results are audited or unauditedUnauditedUnaudited
Nature of report standalone or consolidatedStandaloneStandalone
Other comprehensive income [Abstract]
1Amount of items that will not be reclassified to profit and loss
1Amount of items that will not be reclassified to profit and loss-12.00-23.00
Total Amount of items that will not be reclassified to profit and loss-12.00-23.00
2Income tax relating to items that will not be reclassified to profit or loss -3.00-6.00
3Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4Income tax relating to items that will be reclassified to profit or loss 0.000.00
5Total Other comprehensive income-9.00-17.00


Cash flow statement, indirect

ParticularsHalf Year ended (dd-mm-yyyy)
Date of start of reporting period01-04-2025
Date of end of reporting period30-09-2025
Whether results are audited or unauditedUnaudited
Nature of report standalone or consolidatedStandalone
Part IBlue color marked fields are non-mandatory.
1Statement of cash flows
Cash flows from used in operating activities
Profit before tax4780
2Adjustments for reconcile profit (loss)
Adjustments for finance costs773
Adjustments for decrease (increase) in inventories6428
Adjustments for decrease (increase) in trade receivables, current7020
Adjustments for decrease (increase) in trade receivables, non-current0
Adjustments for decrease (increase) in other current assets0
Adjustments for decrease (increase) in other non-current assets0
Adjustments for other financial assets, non-current0
Adjustments for other financial assets, current862
Adjustments for other bank balances0
Adjustments for increase (decrease) in trade payables, current-9623
Adjustments for increase (decrease) in trade payables, non-current0
Adjustments for increase (decrease) in other current liabilities0
Adjustments for increase (decrease) in other non-current liabilities0
Adjustments for depreciation and amortisation expense1292
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss0
Adjustments for provisions, current-706
Adjustments for provisions, non-current962
Adjustments for other financial liabilities, current0
Adjustments for other financial liabilities, non-current0
Adjustments for unrealised foreign exchange losses gains-198
Adjustments for dividend income0
Adjustments for interest income0
Adjustments for share-based payments0
Adjustments for fair value losses (gains)0
Adjustments for undistributed profits of associates0
Other adjustments for which cash effects are investing or financing cash flow0
Other adjustments to reconcile profit (loss)-804
Other adjustments for non-cash items0
Share of profit and loss from partnership firm or association of persons or limited liability partnerships0
Total adjustments for reconcile profit (loss)6006
Net cash flows from (used in) operations10786
Dividends received0
Interest paid0
Interest received0
Income taxes paid (refund)1213
Other inflows (outflows) of cash0
Net cash flows from (used in) operating activities9573
3Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses0
Cash flows used in obtaining control of subsidiaries or other businesses0
Other cash receipts from sales of equity or debt instruments of other entities0
Other cash payments to acquire equity or debt instruments of other entities0
Other cash receipts from sales of interests in joint ventures0
Other cash payments to acquire interests in joint ventures0
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships0
Cash payment for investment in partnership firm or association of persons or limited liability partnerships0
Proceeds from sales of property, plant and equipment21
Purchase of property, plant and equipment1880
Proceeds from sales of investment property0
Purchase of investment property0
Proceeds from sales of intangible assets0
Purchase of intangible assets0
Proceeds from sales of intangible assets under development0
Purchase of intangible assets under development0
Proceeds from sales of goodwill0
Purchase of goodwill0
Proceeds from biological assets other than bearer plants0
Purchase of biological assets other than bearer plants0
Proceeds from government grants0
Proceeds from sales of other long-term assets0
Purchase of other long-term assets0
Cash advances and loans made to other parties0
Cash receipts from repayment of advances and loans made to other parties0
Cash payments for future contracts, forward contracts, option contracts and swap contracts0
Cash receipts from future contracts, forward contracts, option contracts and swap contracts0
Dividends received0
Interest received39
Income taxes paid (refund)0
Other inflows (outflows) of cash-1789
Net cash flows from (used in) investing activities-3609
4Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries0
Payments from changes in ownership interests in subsidiaries0
Proceeds from issuing shares0
Proceeds from issuing other equity instruments0
Payments to acquire or redeem entity's shares0
Payments of other equity instruments0
Proceeds from exercise of stock options0
Proceeds from issuing debentures notes bonds etc0
Proceeds from borrowings-1726
Repayments of borrowings2487
Payments of lease liabilities164
Dividends paid366
Interest paid722
Income taxes paid (refund)0
Other inflows (outflows) of cash0
Net cash flows from (used in) financing activities-5465
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes499
5Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents0
Net increase (decrease) in cash and cash equivalents499
Cash and cash equivalents cash flow statement at beginning of period1270
Cash and cash equivalents cash flow statement at end of period1769



Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)

Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Sr. No.Details of the party (listed entity /subsidiary) entering into the transactionDetails of the counterpartyType of related party transactionDetails of other related party transactionValue of the related party transaction as approved by the audit committeeRemarks on approval by audit committeeValue of the related party transaction ratified by the audit committeeDate of Audit Committee Meeting where the ratification was approvedValue of transaction during the reporting periodIn case monies are due to either party as a result of the transactionIn case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investmentsDetails of the loans, inter-corporate deposits, advances or investments
NamePANNamePANRelationship of the counterparty with the listed entity or its subsidiaryOpening balanceClosing balanceNature of indebtedness (loan/ issuance of debt/ any other etc.)Details of other indebtednessCostTenureNature (loan/ advance/ intercorporate deposit/ investment)Interest Rate (%)TenureSecured/ unsecuredPurpose for which the funds will be utilised by the ultimate recipient of funds (endusage)Notes
1Punjab chemicals and Crop Protection LimitedAAACP9904HSD Agchem Europe NVZZZZZ9999ZSubsidiarySale of goods or services5093Approved509300
2Punjab chemicals and Crop Protection LimitedAAACP9904HSD Agchem Europe NVZZZZZ9999ZSubsidiaryAny other transactionPayable0NA015531751
3Punjab chemicals and Crop Protection LimitedAAACP9904HSD Agchem Europe NVZZZZZ9999ZSubsidiaryAny other transactionReceivables0NA017873588
4Punjab chemicals and Crop Protection LimitedAAACP9904HSD Agchem Europe NVZZZZZ9999ZSubsidiaryAny other transactionAdvance given0NA020762341
5Punjab chemicals and Crop Protection LimitedAAACP9904HShroff Family Master TrustAAYTS0727JEnterprises where control over the composition of Governing Boady existAny other transactionPayment of lease liabilities116Approved11600
6Punjab chemicals and Crop Protection LimitedAAACP9904HSalil Shroff HUFAAJHS7412MEnterprises where control over the composition of Governing Boady existAny other transactionPayment of lease liabilities10Approved1000
7Punjab chemicals and Crop Protection LimitedAAACP9904HMalvika GuptaCRRPS7680ARelatives of Key Managerial PersonnelAny other transactionPayment of lease liabilities33Approved3300
8Punjab chemicals and Crop Protection LimitedAAACP9904HHem-sil Trading and Manufacturing Private LimitedAAACH1716PPromoter GroupInterest paid91Approved9116651626Loan11.50%3 YearsUnsecured Loan renewed and tenure extended for next three years
9Punjab chemicals and Crop Protection LimitedAAACP9904HShalil Shashikumar ShroffAABPS6589HPromoter and KMPRemuneration168Approved16810610
10Punjab chemicals and Crop Protection LimitedAAACP9904HVinod Kumar Gupta ABUPG4204FKMPRemuneration218Approved218275
11Punjab chemicals and Crop Protection LimitedAAACP9904HRishu ChatleyAIZPR8872JKMPRemuneration15Approved1500
12Punjab chemicals and Crop Protection LimitedAAACP9904HVikash KhannaAFTPK7455FKMPRemuneration56Approved5600
13Punjab chemicals and Crop Protection LimitedAAACP9904HJaskaran SinghDXWPS2610JRelative of DirectorRemuneration13Approved1300
14Punjab chemicals and Crop Protection LimitedAAACP9904HShivshankar Shripal TiwariAAGPT6083NDirectorAny other transactionLegal and Professional fees paid 32Approved32150
15Punjab chemicals and Crop Protection LimitedAAACP9904HSonal TiwariANOPT6265FRelative of DirectorAny other transactionLegal and Professional fees paid and payable21Approved2144
16Punjab chemicals and Crop Protection LimitedAAACP9904HSitting fees and commission to Non Executive DirectorsZZZZZ9999ZDirectorsAny other transactionSitting Fees and Commission6Approved6420
17Punjab chemicals and Crop Protection LimitedAAACP9904HAkola Chemicals India LimitedAABCA1110HEnterprises where control over the composition of Governing Boady existSale of goods or services147Approved14700
18Punjab chemicals and Crop Protection LimitedAAACP9904HAkola Chemicals India LimitedAABCA1110HEnterprises where control over the composition of Governing Boady existAny other transactionReceivables0NA0094
Total value of transaction during the reporting period6019



Format for Disclosing Outstanding Default on Loans and Debt Securities

Sr. No.ParticularsAmountRemarks
1.Loans / revolving facilities like cash credit from banks / financial institutions
ATotal amount outstanding as on date0
BOf the total amount outstanding, amount of default as on date0
2.Unlisted debt securities i.e. NCDs and NCRPS
ATotal amount outstanding as on date0
BOf the total amount outstanding, amount of default as on date0
3.Total financial indebtedness of the listed entity including short-term and long-term debt0