Bodal Chemicals Ltd (BODALCHEM) — FY26 Annual Report | 31 August 2026

Bodal Chemicals Ltd reported FY2025-26 revenue of ₹20,538.91 million, up 17% YoY, with PAT surging 158.5% to [amount context mismatch] million due to operational leverage and higher realisations. EBITDA grew 19% to ₹2,028.51 million, while EBITDA margin improved to 9.9% from 9.7%. The company achieved ₹2,053.9 crore revenue, driven by volume growth and better product mix, particularly in Basic Chemicals (80% YoY growth) and Dye Intermediates (6% YoY growth). Key growth areas include benzene derivatives via the Saykha facility and high-purity specialty chemicals using German and Swiss technologies. Export revenue contributes 25% of consolidated revenue, with markets spanning Europe, US, and Asia-Pacific. The company maintains 8 manufacturing facilities, 600+ customers across 35+ countries, and holds multiple sustainability certifications (ISO 9001, 14001, 45001, Bluesign, GOTS). It has no debt-related penalties, no fraud reports, and complies with SEBI LODR. However, raw material cost volatility (sulphur, benzene) and Chinese competition pose risks. The Board reappointed Suresh J. Patel (Chairman), Bhavin S. Patel (Whole-time Director), and Mayank Mehta (Independent Director), with Ankit S. Patel retiring. Net debt declined to ₹7,926.96 million from ₹8,921.73 million YoY, with cash of ₹74.61 million. The company achieved Zero Liquid Discharge (ZLD) across major units and invested in captive power (5 MW) and waste heat recovery (1.73 MW). CSR spending reached ₹46.57 lakh (exceeding 2% mandated amount), with [amount not verified] carried forward. The auditor confirmed no material uncertainties, unmodified opinion, and effective internal controls.