Shivam Chemicals reported a strong financial year for FY 2025-26, with net revenue jumping 30% to Rs 269.56 crore. Standalone net profit nearly doubled to Rs 5.05 crore, driven by new unit commissions and product portfolio expansion. While a minor regulatory penalty occurred regarding compliance, the company has since rectified the issue.
Shivam Chemicals Posts Strong FY26 Growth
Net Revenue: Rs 269.56 Crore | Net Profit: Rs 5.05 Crore
Reader Takeaway: Revenue grew 30% YoY with successful product diversification, despite a minor regulatory penalty now resolved.
What just happened
Shivam Chemicals Ltd has released its financial performance for FY 2025-26, showing significant operational growth. Standalone net revenue reached Rs 269.56 crore, a 30% increase over the previous year's Rs 207.37 crore. Net profit surged to Rs 5.05 crore, up from Rs 2.57 crore, resulting in an improved basic EPS of Rs 2.97.
Why this matters
The company’s performance highlights the success of its recent strategic initiatives. The commissioning of the Khimsar quick lime unit has provided a vertical integration advantage, supplying over 50% of the raw materials required for the Dahej subsidiary. This efficiency gain, coupled with the introduction of new feed ingredients like Amino Acids and the "Shivamin" vitamin premix line, has bolstered top-line growth.
Governance and Regulatory Update
The company faced a penalty of Rs 83,780 for a 71-day delay in appointing a qualified Company Secretary. Management has confirmed this has been rectified with the appointment of Ms. Ashima Chhatwal on January 30, 2026, and the company is now fully compliant with SEBI regulations.
Risks to watch
Investors should monitor the integration of imported product lines, specifically the sourcing of ingredients from China, Morocco, and Sri Lanka, which exposes the company to global supply chain volatility and currency fluctuations.
What to track next
Watch for sustained margin impacts from the Khimsar unit and the market penetration success of the "Shivamin" brand in the competitive feed additives space.