{"url":"https://newsforagent.com/news/2026-10-24/chembond-chemicals-q2-profit-falls","markdown_url":"https://newsforagent.com/news/2026-10-24/chembond-chemicals-q2-profit-falls.md","title":"Chembond Chemicals Q2 Profit Falls 54% to ₹3.3 Crore","headline":"Chembond Chemicals Q2 Net Profit Falls 54% to ₹3.3 Crore as Material Costs Climb","description":"Chembond Chemicals posted ₹3.3 crore Q2 net profit, down 54%, as material costs reached 56% of revenue and EBITDA margin narrowed to 8.7%.","section":"Earnings & Results","published_at":"2026-10-24T10:48:42+00:00","modified_at":"2026-10-24T10:48:42+00:00","author":"News Desk","key_takeaways":["Chembond Chemicals Q2FY27 net profit fell 54% to ₹3.3 crore from ₹7.2 crore a year earlier.","Q2 revenue rose 31% to ₹95.7 crore while EBITDA margin contracted to 8.7% from 14.6%.","The board approved Mamta Nirmal Shah as a Non-Executive Non-Independent Director effective October 24, 2026."],"companies":[{"name":"Chembond Chemicals","is_primary":true,"profile_url":"https://akta.pro/company-profiles/003f6m5/chembond-chemicals","website":"http://www.chembondindia.com"}],"source":{"publisher":"ScanX","title":"Chembond Chemicals Q2 EBITDA margin falls to 8.7% on cost pressure","url":"https://scanx.trade/stock-market-news/companies/chembond-chemicals-h1fy27-results-revenue-up-32-ebitda-rises-2/54381198"},"other_sources":[],"tags":["Earnings & Results","Chembond Chemicals"],"body_markdown":"[Chembond Chemicals](https://akta.pro/company-profiles/003f6m5/chembond-chemicals) reported consolidated net profit of ₹3.3 crore for the second quarter of FY27, down 54% from ₹7.2 crore a year earlier, even as revenue rose 31% to ₹95.7 crore. [ScanX](https://scanx.trade/stock-market-news/companies/chembond-chemicals-h1fy27-results-revenue-up-32-ebitda-rises-2/54381198) published the results on October 24, 2026.\n\n## Chembond's Q2 Margin Squeeze\n\nQuarterly EBITDA fell to ₹8.3 crore from ₹10.7 crore in Q2FY26, and the EBITDA margin narrowed to 8.7% from 14.6%. Material costs climbed to 56% of revenue in H1FY27 from 46% in H1FY26, a 10-percentage-point increase that the company said offset volume and price gains. Employee benefit costs eased to 17% of revenue from 20%, a saving too small to counter raw material inflation.\n\nH1FY27 consolidated revenue reached ₹182.25 crore, up 32% from ₹138.42 crore, while half-year EBITDA rose 2% to ₹22.55 crore and the H1 margin slipped to 12% from 16%. Profit before tax for the half stood at ₹19.79 crore, a 2% increase, and H1 net profit was ₹12.81 crore, down 5% from ₹13.46 crore. Chembond also recorded an incremental ₹3.15 crore hit to employee benefit expenses from New Labour Codes effective November 2025.\n\nGrowth was broad-based. Water Technologies, the largest segment, posted a 28% rise in order book momentum, Construction Chemicals grew 30% on sales efforts, Distribution surged 86% after strategic initiatives, and Cleaning & Hygiene rose 59%.\n\n## Chembond's Board Appointment and Voting\n\nThe board approved the appointment of Mrs, according to akta.pro [company records](https://akta.pro/company-data). Mamta Nirmal Shah as a Non-Executive Non-Independent Director with effect from October 24, 2026. A postal ballot notice has been issued for member approval via remote e-voting, with voting running from November 1, 2026, to November 30, 2026. Mrs. Shah is the spouse of Mr. Nirmal Shah, Chairman and Managing Director, and is part of the promoter group.\n\n## Chembond's Earlier Filings This Year\n\nChembond concluded its third AGM on July 31, 2026, declaring a ₹1.25 per share final dividend for FY26 and approving material related-party transactions, and reappointed Sameer V. Shah as Director, ScanX reported. The company had announced the ₹1.25 dividend on July 6, 2026, with a record date of July 24, 2026. For the quarter ended June 2026, Chembond reported a 52.24% rise in consolidated net profit to Rs 9.53 crore, Business Standard reported.\n\n## What Comes Next for Chembond\n\nMember approval of Mrs. Shah's appointment runs through remote e-voting from November 1, 2026, to November 30, 2026. Chembond operates three manufacturing locations in India, in Gujarat, Tamil Nadu and Himachal Pradesh, and technical services made up 74% of staff as of September 30, 2026.\n","publisher":{"name":"News for Agent","url":"https://newsforagent.com"}}