Solar Industries India Limited fires up FY26 PAT 35% to Rs 1,737 crore – Indian Corporate News Digest, 18 May 2026

Earnings Winners

Solar Industries India Limited fires up FY26 PAT 35% to Rs 1,737 crore

Aether Industries Limited ramps up FY26 PAT 39% as Site 3++ starts production

Indo Borax & Chemicals Limited grows FY26 profit to Rs 16,014.80 lakh

Jayant Agro-Organics Limited lifts FY26 profit to Rs 6,233.56 lakh and declares dividend

Keltech Energies Limited raises FY26 profit to Rs 2,743.83 lakh

Savita Oil Technologies Limited grows FY26 profit to Rs 26,923 lakh

Plastiblends India Limited lifts FY26 profit to Rs 5,196.76 lakh and clears dividend

Indo Amines Limited lifts FY26 profit to Rs 7,841.14 lakh despite Q4 drop

Amines & Plasticizers Limited grows FY26 profit to Rs 4,899.28 lakh

BASF India Limited raises FY26 profit to Rs 77,810 lakh as revenue crosses Rs 17 lakh crore

Jyoti Resins & Adhesives Limited raises FY26 profit to Rs 6,075.19 lakh

Supreme Petrochem Limited grows FY26 profit to Rs 38,079.35 lakh and backs Rs 9 dividend

Grauer & Weil (India) Limited grows FY26 profit to Rs 9,387.81 lakh and pays Rs 1.25 dividend

Poddar Pigments Limited lifts FY26 profit to Rs 3,612.53 lakh and backs 40% dividend

Ultramarine & Pigments Limited doubles FY26 profit to Rs 6,088.40 lakh

Turnaround Tales

Punjab Chemicals and Crop Protection Limited swings to Rs 5,860.43 lakh profit

Seya Industries Ltd posts Rs 123.79 lakh FY26 profit after prior-year loss

Vikas Lifecare Limited swings to Rs 3,620.98 lakh FY26 profit after loss

Amal Ltdswings to Rs 1,066.81 lakh FY26 profit after revenue rises

Bhilwara Spinners Limited swings to Rs 490.80 lakh FY26 profit after revenue surge

Losses Narrow, Pain Remains

Sadhana Nitro Chem Limitedslashes FY26 loss to Rs 1,064.53 lakh

Omkar Speciality Chemicals Limited cuts FY26 loss despite revenue staying below Rs 500 lakh

Dai-Ichi Karkaria Limited cuts FY26 loss to Rs 790.39 lakh as revenue rises

Kiri Industries Limited narrows FY26 loss as revenue rises to Rs 1,12,055.51 lakh

Astec LifeSciences Limited narrows FY26 loss to Rs 3,653 lakh as revenue rises 14%

Revenue Up, Profit Under Pressure

Gulshan Polyols Limited lifts FY26 revenue to Rs 1,34,717.82 lakh but profit drops

Thirumalai Chemicals Limited profit falls to Rs 3,423.49 lakh despite higher revenue

Aarti Industries Limited lifts FY26 revenue to Rs 7,39,043 lakh but profit slips

Fairchem Organics Limited profit falls to Rs 3,301.44 lakh as FY26 revenue edges higher

TANFAC’s revenue grows, but EBITDA slips on cost pressure

NOCIL Limited absorbs FY26 PAT fall to Rs 5,634 lakh as EBITDA margin slips

NGL Fine-Chem Limited profit slips to Rs 3,421.87 lakh as FY26 revenue rises

Capex, Capacity & Expansion Push

DCM Shriram Limited targets higher chemical output after expanded capacity ramps up

Fineotex Chemical Limited scales CrudeChem platform with 2,00,000 MTPA capacity

Gravita India Limited commissions 6,000 MTPA lithium-ion recycling plant at Mundra

Kirloskar Industries Limited relays subsidiary plan for 60,000-tonne Solapur push

Privi Speciality Chemicals Limited targets 54,000 MT capacity after June expansion

Balrampur Chini Mills Limited targets Q3 FY27 start for Rs 3,080 crore PLA plant

Balaji Amines Limited pushes Unit 4 expansion as Q4 revenue reaches Rs 403 crore

Gokul Agro Resources Limited commits Rs 430 crore capex and Rs 12.50 crore solar spend

Borosil Renewables Limited targets rooftop solutions after FY26 sales hit Rs 1,534.83 crore

Neogen Chemicals Limited lifts Q4 revenue 22% and targets Rs 875-900 crore FY27

SRF Limited commissions Rs 277 crore Indore capacitor-grade BOPP film phase

Dividend & Shareholder Payout Watch

Chembond Chemicals Limited grows FY26 profit to Rs 4,649.41 lakh and backs dividend

Panama Petrochem Limited lifts FY26 profit to Rs 10,683.21 lakh and approves dividend

Deepak Nitrile Limited locks in Rs 7.50 dividend for FY26 shareholders

Boardroom & Leadership Moves

Excel Industries Limited loses strategy head Kapil Kashiv from June 8

Balrampur Chini Mills Limited extends Vivek Saraogi’s CMD term from April 2027

Dalmia Bharat Sugar and Industries Limited appoints Tej Narayan Singh unit head

Gokaldas Exports Limited appoints Gokal Chittaranjan as international business president

Balaji Amines Limited loses subsidiary CFO Pardeepsingh Watwani on May 15

Solar Industries India Limited appoints Reena Jha Tripathi for five-year board term

G M Polyplast Limited approves FY26 accounts and reappoints Dinesh Sharma

Regulatory, Compliance & Governance Radar

Panama Petrochem Limited keeps ICRA A+ stable rating despite West Asia pressure

Gravita India Ltd absorbs Rs 1.66 lakh GST penalty in Uttar Pradesh

Hindustan Organic Chemicals Limited keeps long-term borrowings nil and appoints auditors

Wim Plast Limited wins NCLT sanction for Cello group composite scheme

Dorf-Ketal Chemicals India Limited leaves IPO-proceeds utilisation unreadable in extract

Oriental Carbon & Chemicals Limited posts Rs 3,330 lakh FY26 profit after demerger

Srigee DLM Limited sets May 27 board date for FY26 audited results

Shubham Polyspin Limited clears FY26 secretarial review with NIL deviations

Archit Organosys Limited clears FY26 secretarial review with NIL compliance deviations

Fund Use & IPO-Proceeds Tracker

Camlin Fine Sciences Limited fully uses Rs 224.68 crore rights issue proceeds

Ellenbarrie Industrial Gases Limited deploys Rs 3,318.79 million IPO proceeds

J.G.Chemicals Limited pushes Rs 42.62 million R&D-centre spend into FY27

Ganesha Ecosphere Limited deploys Rs 121.66 crore from preferential warrant proceeds

Tender, Probe & Special Situations

Balmer Lawrie & Co. Ltd. courts suppliers for 1,500 kg phosphorous pentoxide tender

Balmer Lawrie & Co.Ltd . books Rs 162.42 lakh provision amid vendor-payment probe

Observer Research Foundation maps Hormuz shock as India crude basket peaks at US$157

Mixed Bag: Growth With Caveats

Fineotex Chemical Limited doubles Q4 revenue after CrudeChem acquisition boost

Jain Irrigation Systems Limited lifts FY26 standalone revenue to Rs 3,533.29 crore

Styrenix Performance Materials Limited lifts Q4 PAT 34% despite consolidated revenue drop

Sanathan Textiles Limited deploys IPO funds as FY26 profit drops to Rs 77.35 crore

GRP Limited wrestles with FY26 tariff hit as PAT drops to Rs 46 million