Sreechem Resins Reports FY26 Net Loss of Rs 0.23 Crore

CHEMICALS
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AuthorAnanya Iyer|Published at:
Sreechem Resins Reports FY26 Net Loss of Rs 0.23 Crore

Sreechem Resins Limited has released its financial results for the year ended March 31, 2026, reporting a narrowed net loss of Rs 0.23 crore against Rs 0.37 crore in the previous fiscal. Revenue from operations fell by 16.2% due to weakness in the coal and coke sector. The company also announced its upcoming AGM on September 25, 2026, where it will seek approval for significant related party transactions and the re-appointment of Director Vibhor Sharma.

Sreechem Resins FY26 Financial Results

Revenue: Rs 29.75 crore | Net Loss: Rs 0.23 crore

Reader Takeaway: Loss narrowed amid lower revenue; watch for RPT approvals and R&D-led growth in newer product segments.

What just happened

Sreechem Resins Limited reported a net loss of Rs 0.23 crore for the financial year ending March 31, 2026. This marks a marginal improvement over the Rs 0.37 crore loss recorded in FY 2025. Total revenue from operations stood at Rs 29.75 crore, down from Rs 35.50 crore in the previous year, as the company faced headwinds in its specialty chemicals segment catering to the coal and coke industries.

Why this matters

The company’s performance remains sensitive to volatility in global coal prices, which has hampered customer demand. Management is now pivoting toward internal R&D to launch new product lines in the consumer segment to reduce dependence on the volatile industrial chemicals market.

Governance and Board Update

The company has undergone leadership changes, with Mr. Vivek Jain taking over as Company Secretary and Compliance Officer in early 2026 following the resignation of Ms. Komal Bhauwala. Furthermore, the 38th AGM will see a vote on the re-appointment of Mr. Vibhor Sharma as Whole-Time Director.

Corporate Actions

The upcoming AGM on September 25, 2026, will address seven special resolutions concerning related party transactions (RPTs) for the 2027-28 fiscal year. These transactions involve significant aggregate values ranging from Rs 15-30 crore per entity with companies including Josh Commercial and BSN Investments.

Context Metrics

Sreechem Resins continues to remain under suspension at the Calcutta Stock Exchange. The company reported that it has not sought the removal of this suspension, citing the lack of an active trading terminal provided by the exchange.

Disclaimer: This article is published for informational purposes only. This is not a buy sell recommendation.