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Date: August 24, 2026
To, To,
National Stock Exchange of India BSE Limited
Limited 25th Floor,
Exchange Plaza, C-1 Block G, Phiroze Jeejeebhoy Towers,
Bandra Kurla Complex Dalal Street, Fort,
Bandra [E], Mumbai – 400051 Mumbai - 400 001
NSE Scrip Symbol: KRONOX BSE Scrip Code: 544187
Sub: Submission of Annual Report for the year ended March 31, 2026 along with
Notice of 17th Annual General Meeting to be held on September 16, 2026.
Ref: Regulation 34 of SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015
Dear Sir /Madam,
We wish to inform you that the 17th Annual General Meeting (AGM) of the KRONOX Lab
Sciences Limited (Company) is scheduled to be held on Wednesday, September 16,
2026 at 11.00 AM through Video Conferencing/Other Audio Visual Means at the common
venue at Block no. 353, Village: Ekalbara, Taluka: Padra, District: Vadodara 391440 to
transact the business set-out in the Notice of the AGM dated August 12, 2026.
Pursuant to Regulations 34 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulation, 2015, we hereby submit the Annual Report of the Company
for the Financial Year 2025-26 together with the Notice convening the 17th Annual
General Meeting to be held on Wednesday, September 16, 2026.
This is for your kind information and Records
Thanking you
For KRONOX Lab Sciences Limited
Nikhil Goswami
Company Secretary & Compliance O(cid:431)icer
Membership No. A68272
ANNUAL REPORT 2025-26
SUCCESS THROUGH
INNOVATION & QUALITY
01 Milestones
02 Our Clientele
03 CSR
04 Growing Numbers
05 Our Manufacturing Facilities & Capacity
06 Board Profile
07 Chairman Message
08 Corporate Information
89 - 99
100 - 106
107 - 138
ETAROPROC WEIVREVO
09 Notice of 17 th AGM
10 Board’s Report
11 Secretarial Audit Report
12 Certificate Of Compliance Of Corporate Governance
13 Certificate Of Non-Disqualification Of Directors
14 Management Discussion Analysis
12 Company Overview
13 Major Milestones Achieved
14 Manufacturing Infrastructure
15 Report on Corporate Governance
16 MD-CEO Certificate
YROTUTATS STROPER
01-02
03-04
05-06
07-08
09-11
12-14
15-16
17-17
18-32
33-46
47-50
51-51
52-53
54-56
57-58
59-59
60-60
61-74
75-76
19 Independent Auditors Report 77-88
20 Financials Statements 89-96
21 Note of Accounts 97-116
SLAICNANIF
Commencement of
Manufacturing at
Unit – I
9002
Commenced
Exports of
High Purity
Specialty Fine
Chemicals.
Expansion of
Unit – I
for manufacturing
of products for
Pharma and
Nutraceuticals.
Acquisition of
Land for
Unit – II.
Receipt of
FSSC 22000
Certification.
4102
Incorporation
of the
Company.
8002
Milestone
01 Annual Report / 2025-26
5102
Commencement of
Manufacturing at
Unit – II
(Leased).
9102
Acquisition of Land
and Factory Shed of
Unit – I &
Unit – III
into the Company.
2202
Acquisition of Land
admeasuring to
20,471
sq.mtr.
for Proposed
Unit - IV.
3202
Listed of Company
Stock on
NSE & BSE
4202
Company
Cross
Turnover
100 cr.
62-5202
CORPORATE OVERVIEW STATUTORY REPORTS FINANCIAL STATEMENTS
Commencement of
Manufacturing at
Unit - II.
Obtained FSSAI
certification for
manufacturing of
food grade fine
chemicals and
ingredients.
DDDDEEEEMMMMOOOONNNNSSSSTTTTRRRRAAAATTTTEEEEDDDD
BBBBYYYY OOOOUUUURRRR GGGGRRRROOOOWWWWIIIINNNNGGGG
NNNNUUUUMMMMBBBBEEEERRRRSSSS
REVENUE GROWTH &
PAT MARGIN (₹ IN LAKHS)
FY23 FY24 FY25 FY26
EARNINGS PER SHARE CASH FLOW FROM
(EPS) TREND OP ACT. (₹ IN LAKHS)
6.91
5.81
4.29
FY23 FY24 FY25 FY26 FY23 FY24 FY25 FY26
7.7559
2.6898
3.91001 9.12101
3500
10 3000
2500
2000
6 1500
1000
EBITDA MARGIN (₹ IN LAKHS)
PAT MARGIN (₹ IN LAKHS)
Revenue (₹ In Lakhs)
PAT Margin %
10800 40
33% 33%
10400 31%
10000 27%
23% 9600 20
16% 9200
8800
8400 0
FY23 FY24 FY25 FY26
5.6691
5.1471
76.960,3
22.983,2
Growing Numbers
07 Annual Report / 2025-26
CORPORATE OVERVIEW STATUTORY REPORTS FINANCIAL STATEMENTS
EXPORT AS % ROCE %
OF REVENUE ROE %
32 60
30 50 49%
28 40 38%
26% 32%
26 26% 30
24 20
24% 23%
22 10
20 0
FY23 FY24 FY25 FY26 FY23 FY24 FY25 FY26
WORKING CAPITAL INVENTORY DAYS
RECEIVABLE DAYS
EFFICIENCY (DAYS)
PAYABLE DAYS
73 72 72
60 58 58
55 54
51 52
FY23 FY24 FY25 FY26
FINANCIAL SNAPSHOT
METRICS FY26 FY25 FY24 FY23
Operating EBITDA Margin 33.86% 33.06% 31.51% 22.72%
Operating EBIT Margin 31.83% 31.68% 30.08% 21.15%
PAT Margin 25.99% 24.79% 23.35% 16.82%
ROCE % 32.22% 38.03% 43.15% 49.46%
ROE % 23.82% 28.26% 32.20% 36.65%
Fixed Asset Turnover 3.52 3.60 3.40 6.01
Cash Convertion Cycle (No. of Days) 83 77 96 74
Net Worth / Shareholder Funds 11,612.71 9,010.50 6,630.50 4,475.08
Current Ratio 7.60 7.28 6.07 3.89
Liquidity Ratio (Quick Ratio / Acid Test Ratio) 6.80 6.55 4.87 2.84
Cash Flow from Opretaing Activity (₹ Lacs) 2,389.22 3,069.67 1,741.51 1,966.50
Cash Flow from Investing Activity (₹ Lacs) -2,382.02 -2,839.42 -1,731.22 -659.56
Cash Flow from Finance Activity (₹ Lacs) -36.20 -185.35 - -1,339.55
Exports as % of Revenue 32.39% 26.57% 24.75% 26.33%
EPS - Basic / Diluted 7.51 6.91 5.81 4.30
Chairman Letter
CCHHAAIIRRMMAANN LLEETTTTEERR
TTOO SSHHAARREEHHOOLLDDEERRSS
Dear
Shareholders, including Excipients and has also maintained its revenue as
ingredients, High Purity Reagents, compare to last year.
Over the course of 1.7 decades, Pharmaceutical, nutraceutical and
KRONOX Lab Sciences Ltd. Food Chemical. As per plan of development of Unit
(KLSL) has emerged as a IV at Dahej, our Company has
leading manufacturer of High KRONOX Lab Sciences operates a already obtained all the required
Purity Speciality Fine chemicals facility that is certified FSSC 22000, permission for the Local and State
catering to the needs of a cross GMP (Good Manufacturing departments like CETP, BEIL, GEB,
section industry requirement. Practices), GLP (Good Laboratory Approval of Industrial Plan from
Practices), and ISO 9001:2015, ISO GIDC etc. we have also obtained
With all the support of the 14001:2015 and ISO 45001:2018. Environmental Clearance from
stakeholders the Company was Additionally, where applicable, our Central Government.
able to touched the turnover of products are certified KOSHER and
100 Crores in the year 2024-25 HALAL, ensuring compliance with Due to unforeseen circumstances
and has continued in 2025-26. diverse cultural and religious the work at Unit IV, Dahej could not
Let me acknowledge the work standards. These certifications be started. Now shortly the work will
done by my fellow Directors and underscore our commitment to be started and the new deadlines
the employees of the Company maintaining the highest levels of have been finalized by the
and specially the Investors who quality, safety, and efficacy in our Company in which in coming two
trusted us and have believed products. years the production will be
use by investing. started at Dahej Unit and the
KRONOX Lab Sciences Limited have whole Unit will be functional in
We have built our product a capacity to manufacture to coming three years.
portfolio through world class meet the demands of various
technological adaptations industries and applications
combined with a steady focus worldwide. Our manufacturing I extend an invitation to learn more
on backward and forward facilities are located at Padra about KRONOX Lab Sciences Ltd.
integration to emerge as a best taluka of Vadodara district with the browse our website. We welcome
quality manufacturer. We also best-in-class global connectivity your comments at
have long term relations with with different mode of transport info@kronoxlabsciences.com
regards to supply commitments like Air, Water and Road. and/or
with our customers both in India India has faced some difficult cs@kronoxlabsciences.com
and abroad. times in last year due to tariff war
from America and the war
As we continuously growing in between Americal and Iran has
our High Purity Speciality Fine made the year end more difficult. Your faithfully
Chemicals Business with the But even after these difficult times Jogindersingh Jaswal
portfolio of about 185 products India has survived. Your company Chairman & Managing Director
15 Annual Report / 2025-26
De
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