Chemkart India Ltd — Important, 18-05-2026: Company Update

Chemkart India's board has approved its audited financial results for the half-year and financial year ended March 31, 2026. Consolidated revenue grew 8.25% in the second half to 111.60 Cr, with annual revenue reaching 214.83 Cr for FY26. The company's net worth significantly strengthened to 129.73 Cr following its IPO, which raised 64.48 Cr. IPO proceeds were primarily used for debt repayment (20 Cr) and general corporate purposes (9.80 Cr), with 4.61 Cr allocated to a new manufacturing facility. The board also appointed new internal and secretarial auditors. A pending customs duty litigation involves 14.74 Cr, which management deems recoverable.