Results - Announcements
Sumitomo Chemical India Ltd share price softened by 1.64% to Rs 354.65 after the company's net profit witnessed a sharp fall of 26.62% to Rs 157.4 crore, while revenue from operations declined 14.67% to Rs 907.31 crore in Q3FY26 over Q2FY26.
The market capitalization of Pesticides & Agrochemicals industry group stocks on BSE stood at Rs 1.84 lakh crore, tumbling by 29.41%. It has slipped by 10.12% over last one week and crashed 24.75% in last one month while the market capitalization of Sumitomo Chemical India Ltd has eased by 9.53% and 29.35% in the same period respectively.
Profit before tax (PBT) of Sumitomo Chemical India Ltd stood at Rs 210.17 crore in Q3 FY26, retreating 11.64% year-on-year, and crashing by 27.09% quarter-on-quarter. EBITDA came in at Rs 142 crore, nosediving by 20.67% YoY and plunging by 23.56% sequentially.
Total expenses contracted by 12.80% to Rs 738.81 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 438.97 crore, registering a fall of 20.81% YoY, while employee benefits expense was at Rs 70.16 crore, registering a marginal contraction of 4.18% YoY.
For the TTM ended FY26, revenue from operations inched higher 2.85% to Rs 3238.32 crore, while net profit inched up 7.22% to Rs 542.98 crore, compared to previous TTM. EBITDA witnessed a strong improvement of 51102% to Rs 524.14 crore, and PBT saw a minor gain of 6.96% to Rs 727.56 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 445.51 crore in FY26, as against Rs 451.5 crore in FY25.
Sumitomo Chemical India Ltd nosedived by 31.53% in last one year, underperforming the benchmark BSE Sensex which has slipped by 13.18% during the same period.