BSEOthers2d ago · 3 Sept 2026, 07:58 pm
Please find attached herewith Annual Report of the Company for FY 2025-26 along with Notice of 6th Annual General meeting.
National Peroxide Ltd · 544205
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National Peroxide Ltd has announced its Annual Report for FY 2025-26 along with the Notice of 6th Annual General Meeting, scheduled to be held on September 29, 2026, through Video Conferencing.
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National Peroxide Ltd - 544205 - Reg. 34 (1) Annual Report.
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VDNV
RC14001 ResponsibleCare
OU*COMMITMINTTOIMTAINAMITV
(Formerly knownasNPLChemicalsLimited)
CIN:L24290MH2020PLC342890
REGISTEREDOFFICE:NEVILLEHOUSE,J.N.HEREDIAMARG,BALLARDESTATE,MUMBAI-400001.
September 03, 2026
Corporate Relationship Department
BSE Limited
Phiroze Jeejeebhoy Towers,
Dalal Street, Mumbai – 400 001
Scrip Code – 544205
Sub: Notice of 6th Annual General Meeting (‘AGM’) along with Annual Report for the
Financial Year 2025-26
Ref: Regulation 34 and other applicable provisions of the Securities and Exchange
Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
(‘Listing Regulations’)
Dear Sir / Madam,
This is further to our letter dated August 12, 2026, wherein the Company had informed that the
6th Annual General Meeting (“AGM”) of the Company is scheduled to be held on Tuesday,
September 29, 2026. In accordance with the relevant circulars issued by the Ministry of
Corporate Affairs (“MCA”) and the Securities and Exchange Board of India (SEBI), the 6th AGM
of the Company will be held through Video Conferencing /Other Audio-Visual Means Tuesday,
September 29, 2026 at 11.00 A.M. IST.
Pursuant to Regulation 34 and other applicable provisions of the Listing Regulations, please
find enclosed the Annual Report for the Financial Year 2025-26 (FY 2025-26) along with the
Notice convening 6th AGM of the Company.
Further, in compliance with the provisions of relevant circulars issued by MCA and SEBI, the
Annual Report of the Company for the FY 2025-26 and the Notice convening the 6th AGM of the
Company have been dispatched electronically to all the Members whose Email Ids are
registered with the Company / RTA or Depository Participant(s) (“DPs”).
The Annual Report for FY 2025-26 and the Notice convening the 6th AGM of the Company is
also uploaded on the Company's website at https://naperol.com/service/annual-report/
Request you to take above information on records.
Yours faithfully,
For National Peroxide Limited
(Formerly known as NPL Chemicals Limited)
Akshay Satasiya
Company Secretary & Compliance Officer
Encl.: as above
FACTORY:NRCROAD,P.O.MOHONE,VILLAGEVADAVALI, KALYAN-421102,MAHARASHTRASTATE,INDIA.
Tel.:0251-2278000 Email:npl@naperol.com Website:www.naperol.com
NATIONALPEROXIDELTD
(formerlyknownasNPLChemicalsLimited) Annual Report 2025-26
EXPANDING REACH.
CREATING VALUE.
EXPANDING REACH.
CREATING VALUE.
CONTENTS
Corporate Overview 01-14 Statutory Reports 15-53
CEO’s Message 02
Revised Financial Statements 54-124
Management Discussion and Analysis 04
NOTICE 125-138
Board of Directors 13
AT NATIONAL PEROXIDE LIMITED
(NPL), growth is defined not merely by
scale, but by the value we create for our
stakeholders. As industries evolve and
customer expectations become increasingly
sophisticated, we are expanding our presence
across geographies, sectors, and applications
to unlock new opportunities and drive
sustainable growth.
OUR STRATEGY
is centered on strengthening customer
relationships, entering high-potential markets,
and developing innovative solutions that
address emerging industry needs. Every new
market we serve, every capability we enhance,
and every product we introduce strengthens
our competitive position and broadens our
impact.
THIS GROWTH
journey is underpinned by a steadfast
commitment to operational excellence,
enabling us to enhance efficiency, maintain
agility, and adapt to a rapidly changing business
environment. By combining innovation with
disciplined execution, we continue to build a
resilient and future-ready organisation.
AS WE EXPAND
our reach, we create greater value for our
customers, shareholders, employees, and
communities. Through purposeful growth
and a focus on long-term sustainability, we
are strengthening our ability to contribute
meaningfully to the industries we serve while
creating enduring value for all stakeholders.
NATIONAL PEROXIDE LIMITED
ANNUAL REPORT 2025-26
CEO’S MESSAGE
Strengthening Foundations
for Long-Term Value
Despite a challenging global
environment marked by
geopolitical uncertainties,
supply chain disruptions,
and volatility in energy and
logistics costs, we remained
focused on our strategic
priorities and continued to
strengthen the foundations
of long-term growth.
RAJIV ARORA
Chief Executive Officer & Director
Dear Shareholders,
FY 2025–26 was a year that underscored the importance recovery. These challenges were particularly significant for
of resilience, agility, and disciplined execution. Despite a the hydrogen peroxide industry, where energy and logistics
challenging global environment marked by geopolitical costs are a significant part of the total cost and continued
uncertainties, supply chain disruptions, and volatility to influence production economics and market dynamics.
in energy and logistics costs, we remained focused on
Despite these headwinds, strong demand from key end-use
our strategic priorities and continued to strengthen the
sectors and the growing focus on sustainable manufacturing
foundations of long-term growth.
supported the industry's long-term outlook. In India,
manufacturing expansion, rising export competitiveness,
Industry Overview
and deeper integration into global supply chains continued
The global chemical industry entered 2025 with cautious to create growth opportunities, reinforcing the importance
optimism, but geopolitical tensions, elevated energy of operational efficiency, supply chain resilience, and
costs, and evolving trade dynamics moderated the pace of sustainability as drivers of long-term competitiveness.
Corporate Overview | Statutory Reports | Financial Statements
Financial Performance Corporate Social Responsibility
Against this backdrop, NPL delivered a resilient Our commitment to responsible growth extends beyond
performance during FY 2025–26. Revenue increased to our operations and into the communities we serve. During
₹295.68 crore from ₹291.36 crore in the previous year, the year, we supported initiatives across healthcare,
reflecting steady growth despite a challenging operating education, and rural development. These included
environment. EBITDA increased significantly to ₹30.21 contributions towards critical healthcare infrastructure,
crore in FY 2025–26 from ₹19.70 crore in FY 2024–25, refurbishment of educational facilities, and community
reflecting improved operational performance, enhanced development programmes aimed at improving quality of
efficiencies, and disciplined execution despite a challenging life and promoting inclusive growth. Through these efforts,
operating environment. we continue to create a positive and lasting impact in the
communities around us.
Profit After Tax increased to ₹5.82 crore from loss of (₹2.24)
crore in the previous year. This strong improvement was
Building for the Future
driven by disciplined financial management, enhanced
operational efficiencies, and a strengthened financial As we look ahead, we remain focused on strengthening
position. The resulting expansion in net profit margins our platform for sustainable growth. Our investments
highlights our ability to translate operational resilience into are directed towards enhancing operational efficiency,
meaningful value creation for shareholders. expanding capabilities, advancing innovation, and
accelerating our sustainability agenda.
Advancing Market Leadership
We are actively pursuing new export opportunities,
During the year, we expanded our Global footprint and diversifying our customer base, and developing value-
marked our presence across key international markets, added products and applications that address evolving
while broadening our reach beyond traditional end-use market needs. Supported by a resilient business model,
sectors such as paper, pulp, packaging, and textiles into strong customer relationships, and a growing portfolio
emerging applications including electric vehicles, renewable of opportunities, we are well positioned to capitalise on
energy, and semiconductors. emerging trends and create long-t
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