Kemistar reports Rs 1.29 lakh revenue, Rs 0.83 lakh loss

Kemistar Corporation Limited reported standalone revenue from operations of Rs 1.29 lakh for the quarter ended September 30, 2026, down from Rs 115.09 lakh a year earlier, and posted a loss of Rs 0.83 lakh against a profit of Rs 7.83 lakh. The board approved the results on November 6, 2026.

What were Kemistar’s standalone results for the September 2026 quarter?

Kemistar reported standalone revenue from operations of Rs 1.29 lakh for the quarter ended September 30, 2026, compared with Rs 115.09 lakh for the quarter ended September 30, 2025. Total revenue was Rs 12.37 lakh, versus Rs 116.45 lakh in the prior-year quarter, while total expenses declined to Rs 13.20 lakh from Rs 108.62 lakh.

The filing shows a loss before tax of Rs 0.83 lakh for the September 2026 quarter, compared with a profit before tax of Rs 7.83 lakh a year earlier. It reported no exceptional items, extraordinary items or tax expense in the quarter, leaving the loss for the period at Rs 0.83 lakh.

Why did Kemistar report a loss in the September quarter?

Kemistar reported a loss because its total expenses of Rs 13.20 lakh exceeded total revenue of Rs 12.37 lakh in the quarter ended September 30, 2026. In the corresponding 2025 quarter, total revenue of Rs 116.45 lakh exceeded expenses of Rs 108.62 lakh, resulting in a profit of Rs 7.83 lakh.

Purchases of stock-in-trade fell to Rs 1.55 lakh from Rs 100.58 lakh in the prior-year quarter, while revenue from operations fell by Rs 113.80 lakh over the same comparison. Employee benefits expense was Rs 2.53 lakh, depreciation and amortisation expense was Rs 3.21 lakh, finance costs were Rs 0.84 lakh, and other expenses were Rs 2.08 lakh.

Kemistar’s basic and diluted earnings per share were a loss of Rs 0.01 each for the September 2026 quarter, compared with earnings of Rs 0.07 each a year earlier. The company calculated earnings per share using the weighted-average method, according to its results statement.

How did Kemistar perform in the first half of fiscal 2027?

Kemistar recorded standalone revenue from operations of Rs 24.82 lakh for the six months ended September 30, 2026, compared with Rs 144.43 lakh in the six months ended September 30, 2025. Total revenue declined to Rs 36.88 lakh from Rs 146.41 lakh, while total expenses fell to Rs 43.45 lakh from Rs 137.83 lakh.

The company posted a first-half loss of Rs 6.57 lakh, compared with a profit of Rs 8.58 lakh in the previous year’s six-month period. Purchases of stock-in-trade decreased to Rs 20.78 lakh from Rs 122.79 lakh, and finance costs declined to Rs 0.84 lakh from Rs 1.10 lakh.

The September 2026 quarter reduced the loss from Rs 5.74 lakh in the quarter ended June 30, 2026 to Rs 0.83 lakh. However, revenue from operations declined from Rs 23.53 lakh in the June 2026 quarter to Rs 1.29 lakh in the September 2026 quarter.

What changed in Kemistar’s balance sheet and cash flow?

Kemistar’s standalone total assets were Rs 16.06 crore as at September 30, 2026, compared with Rs 16.35 crore at March 31, 2026. Non-current assets were Rs 11.10 crore, including non-current investments of Rs 10.73 crore, while current assets were Rs 4.96 crore.

Cash and cash equivalents were Rs 4.42 lakh at September 30, 2026, down from Rs 35.29 lakh at March 31, 2026. The half-year cash-flow statement recorded a net decrease of Rs 30.80 lakh, compared with a net increase of Rs 9.20 lakh in the six months ended September 30, 2025, when closing cash was Rs 17.42 lakh.

Operating activities used Rs 29.21 lakh of cash in the six months to September 2026, compared with an operating cash inflow of Rs 36.59 lakh a year earlier. Cash used in operations was Rs 29.59 lakh, including a Rs 21.27 lakh decrease in trade payables, partly offset by a Rs 41.53 lakh reduction in inventories.

What were Kemistar’s liabilities and review status?

Kemistar’s standalone total equity was Rs 15.74 crore at September 30, 2026, compared with Rs 15.80 crore at March 31, 2026. Equity share capital was unchanged at Rs 10.76 crore, while other equity declined to Rs 4.98 crore from Rs 5.05 crore.

Current liabilities fell to Rs 31.77 lakh from Rs 54.74 lakh at March 31, 2026. Short-term borrowings were Rs 18.63 lakh versus Rs 21.94 lakh, while trade and other payables to others were Rs 9.61 lakh compared with Rs 30.88 lakh; the balance sheet reported no non-current borrowings at either date.

N.S. Nanavati & Co. issued a limited-review report dated November 6, 2026 on Kemistar’s standalone quarterly results. The auditor stated that nothing had come to its attention to indicate that the unaudited statement failed to make disclosures required under Regulation 33 of the Securities and Exchange Board of India listing regulations, while noting that a review provides less assurance than an audit.

Conclusion

Kemistar’s standalone September 2026 results show a substantial year-on-year reduction in operating revenue, from Rs 115.09 lakh to Rs 1.29 lakh, and a move from a Rs 7.83 lakh profit to a Rs 0.83 lakh loss. The six-month outcome also changed to a Rs 6.57 lakh loss, alongside Rs 29.21 lakh of operating cash outflow.

The filing discloses no revenue target, turnaround plan or future cash-flow guidance. The unresolved matters for the next financial update are whether operating revenue improves from the Rs 24.82 lakh recorded in the first half of fiscal 2027 and whether cash and cash equivalents recover from Rs 4.42 lakh at September 30, 2026.