BSEResult10h ago · 28 Oct 2026, 02:32 pm
Unaudited Standalone Financial Results for the quarter and half year ended September 30, 2026.
Sudarshan Colorants India Ltd · 506390
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Sudarshan Colorants India Ltd has announced its unaudited standalone financial results for the quarter and half year ended September 30, 2026, with the Board of Directors approving the results at its meeting held on October 28, 2026. The results are accompanied by a Limited Review Report from M/s. M S K A & Associates LLP, the Company's Statutory Auditors.
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Sudarshan Colorants India Ltd - 506390 - Unaudited Standalone Financial Results For The Quarter And Half Year Ended September 30, 2026.
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October 28, 2026
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers Exchange Plaza, C - 1, Block - G,
Dalal Street, Mumbai – 400 001 Bandra Kurla Complex,
Scrip Code – 506390 Bandra (East), Mumbai – 400 051
Scrip Symbol - SUDARCOLOR
Subject: Outcome of Board Meeting held on October 28, 2026
Ref.: Regulations 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 (“SEBI Listing Regulations, 2015”)
Dear Sir / Madam,
In continuation to our earlier communication dated October 19, 2026 and pursuant to
Regulation 30 and Regulation 33 and other applicable regulations read with Schedule III of
SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
(“SEBI Listing Regulations, 2015”) as amended from time to time, we wish to inform you
that the Board of Directors of the Company at its meeting held today i.e.
on Wednesday, October 28, 2026, approved the Unaudited Standalone Financial Results for the
quarter and half year ended September 30, 2026, as per the provisions of Regulation 33 of
SEBI Listing Regulations, 2015, together with the Limited Review Report thereon issued by
M/s. M S K A & Associates LLP (formerly M/s. M S K A & Associates), Chartered Accountants,
Statutory Auditors.
The Unaudited Standalone Financial Results for the quarter and half year ended
September 30, 2026, together with the Limited Review Report thereon are enclosed herewith as
Annexure A.
The Board Meeting commenced at 12:00 p.m. IST and concluded at 2:15 p.m. IST
Kindly take the same on record.
Thanking You,
Yours Faithfully,
For SUDARSHAN COLORANTS INDIA LIMITED
(formerly known as Heubach Colorants India Limited)
ADWAIT JOSHI
COMPANY SECRETARY
Encl: as above
Sudarshan Colorants India Limited (Formerly known as Heubach Colorants India Limited)
Registered Office: Rupa Renaissance, B Wing, 25th Floor, D-33 MIDC Road, TTC Industrial Area, Juinagar, Navi Mumbai 400705, India
T: +91 22 2087 7610 | www.sudarshan.com | shares@sudarshan.com | CIN: L24110MH1956PLC010806
Annexure A
MS KA a Associates LLP HO
602, Floor 6, Raheja Titanium
(Formerly known as M S K A a Associates) Western Express Highway, Geetanjali
Railway Colony, Ram Nagar, Goregaon (E)
Chartered Accountants
Mumbai 400063, INDIA
Tel: +91 22 6974 0200
Independent Auditor’s Review Report on unaudited financial results of Sudarshan Colorants India Limited
(Formerly known as Heubach Colorants India Limited) for the quarter and year to date pursuant to the
Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended.
To The Board of Directors of Sudarshan Colorants India Limited (Formerly known as Heubach Colorants India
Limited)
1. We have reviewed the accompanying statement of unaudited financial results of Sudarshan Colorants India
Limited (Formerly known as Heubach Colorants India Limited) (hereinafter referred to as ‘the Company’) for
the quarter ended September 30, 2026 and the year to-date results for the period from April 1, 2026 to
September 30, 2026 (‘the Statement’) attached herewith, being submitted by the Company pursuant to the
requirements of Regulation 33 of the Securities and Exchange Board of India (Listing Obligations and Disclosure
Requirements) Regulations, 2015, as amended (‘the Regulations’).
2. This Statement, which is the responsibility of the Company’s Management and has been approved by the
Company’s Board of Directors, has been prepared in accordance with the recognition and measurement
principles laid down in Indian Accounting Standard 34 ‘Interim Financial Reporting’, prescribed under Section
133 of the Companies Act, 2013 (‘the Act’) read with relevant rules issued thereunder (‘Ind AS 34’) and other
recognised accounting principles generally accepted in India and is in compliance with the Regulations. Our
responsibility is to express a conclusion on the Statement based on our review.
3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE)
2410, “Review of Interim Financial Information Performed by the Independent Auditor of the Entity” issued by
the Institute of Chartered Accountants of India. A review of interim financial information consists of making
inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and
other review procedures. A review is substantially less in scope than an audit conducted in accordance with
Standards on Auditing specified under section 143(10) of the Act and consequently does not enable us to
obtain assurance that we would become aware of all significant matters that might be identified in an audit.
Accordingly, we do not express an audit opinion.
4. Based on our review conducted as stated in paragraph 3 above, nothing has come to our attention that causes
us to believe that the accompanying Statement prepared in accordance with the recognition and
measurement principles laid down in Ind AS 34 and other recognised accounting principles generally accepted
in India has not disclosed the information required to be disclosed in terms of the Regulations, including the
manner in which it is to be disclosed, or that it contains any material misstatement.
For M S K A & Associates LLP (Formerly known as M S K A & Associates)
Chartered Accountants
ICAI Firm Registration No.105047W/W101187
Udit Brijesh Parikh
Partner
Membership No.: 151016
UDIN: 26151016TWSKBD2389
Place: Mumbai
Date: October 28, 2026
Registered Office: 602, Raheja Titanium, Western Express Highway, Goregaon (East), Mumbai-400063, Maharashtra, India
Tel: +91 22 6974 0200 I LLPIN: ACT-3789
Ahmedabad I Bengaluru | Chandigarh | Chennai | Coimbatore | Goa I Gurugram I Hyderabad | Kochi | Kolkata I Pune www.mska.in
Sudarshan Colorants India Limited
(Formerly known as Heubach Colorants India Limited) SUDARSHAN
Corporate Identity Number: L24110MH1956PLC010806
Registered Office : Rupa Renaissance, B Wing, 25th Floor, D-33, MIDC Road,
TTC Industrial Area, Juinagar, Navi Mumbai - 400705, India.
Website: www.sudarshan.com Email: shares@sudarshan.com
STATEMENT OF UNAUDITED FINANCIAL RESULTS FOR THE QUARTER AND SIX MONTHS ENDED SEPTEMBER 30, 2026
Particulars Quarter ended Six months ended Year ended
30-09-2026 30-06-2026 30-09-2025 30-09-2026 30-09-2025 31-03-2026
(Unaudited) (Unaudited) (Unaudited) (Unaudited) (Unaudited) (Audited)
1 Income
(a) Revenue from operations 269.76 222.39 183.14 492.15 393.86 780.63
(b) Other income 3.50 7.33 9.46 10.83 13.62 26.84
Total Income 273.26 229.72 192.80 502.98 407.48 807.47
2 Expenses
(a) Cost of matenals consumed 159.91 134.90 74.94 294.81 188.24 354.83
(b) Purchases of stock-in-trade 25.85 22.77 30.80 48.62 67.08 135.93
(c) Changes in inventones of finished goods, work-in-progress and (21.47) (23.19) 2.39 (44.66) (25.67) (16.62)
stock-in-trade
(d) Employee benefits expenses 17.53 15.67 17.75 33.20 37.13 71.10
(e) Finance costs 0.64 0.63 0.71 1.27 1.36 2.52
(f) Depreciation and amortisation expense 4.91 5.05 4.95 9.96 9.90 19.66
(g) Other expenses 53.46 46.65 39.47 100.11 84.88 177.44
Total Expenses 240.83 202.48 171.01 443.31 362.92 744.86
3 Profit before exceptional items and tax 32.43 27.24 21.59 59.87 44.56 62.61
4 Exceptional items (refer note 7 and 8) (0.50) (0.50) (4.99)
5 Profit before tax 32.43 27.24 21.09 59.87 44.06 57.62
6 Tax expense/(credit)
(a) Current tax 7.86 7.23 3.92 15.09 10.03 16.40
(b) Deferred tax 0.44 (0.35) 1.42 0.09 1.21 (1-52)
(c) Tax adjustments of pnor years (refer note 5) - - (0.53) ■ (0.53) (1-79)
Total tax expense/(credit) 8.30 8.88 4.81 15.18 10.71 13.09
7 Net Profit for the period/year 24.13 20.38 16.28 ^449 33.35 44.53
8 Other comprehensive lncome/(Loss)(net of tax)
(Items that will not be reclassified to profit or loss)
(a) Remeasurement of the defined benefit plans (1.44) 0.74 (0.35) (0.70) (0.50) 2.95
(b) Income tax relating to items that will not be reclassified to profit or loss 0.36 (0.19) 0.09 0.17 0.13 (0-74)
(1.0«) 0.55 (0.26)
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