Advance Petrochemicals Ltd (506947)

Advance Petrochemicals reported Q2 FY27 revenue from operations of ₹21.04 crore, representing a 122.5% YoY surge compared to ₹9.46 crore in Q2 FY26. Net profit stood at ₹0.98 crore against a net loss of ₹0.24 crore in the year-ago period, though sequential profit softened from ₹2.04 crore in Q1. H1 FY27 revenue doubled to ₹39.94 crore with a net profit of ₹3.02 crore. Alongside earnings, the board appointed Mr. Arvind Vishwanath Goenka as an Additional Non-Executive Director following the resignation of Mrs. Aanchal Arvind Goenka.

• Revenue from operations rose 122.5% YoY to ₹21.04 crore in Q2 from ₹9.46 crore in Q2 FY26
• Net profit turned positive at ₹0.98 crore compared to a net loss of ₹0.24 crore in Q2 FY26
• H1 FY27 net profit reached ₹3.02 crore compared to a net loss of ₹0.22 crore in H1 FY26
• Basic EPS for Q2 stood at ₹10.85 per share (not annualised) vs negative ₹2.62 YoY
• Resignation of Non-Executive Director Mrs. Aanchal Arvind Goenka and appointment of Mr. Arvind Vishwanath Goenka

Advance Petrochemicals reported a strong Q1 FY27 performance with revenue of ₹18.89 Cr, a 98.6% increase from ₹9.51 Cr in Q1 FY26. Net profit saw a significant turnaround to ₹2.04 Cr compared to just ₹0.01 Cr in the year-ago period. The board also accepted the resignations of two directors, Akshat Shukla and Arvind Goenka, and appointed Priyank Dilipbhai Parikh as an Independent Director for a 5-year term. Key committees, including Audit and Nomination & Remuneration, have been reconstituted following these changes.

• Q1 FY27 Revenue from operations grew 98.6% YoY to ₹18.89 Cr.
• Net Profit for the quarter reached ₹2.04 Cr, representing approximately 51% of the company's total net worth of ₹4 Cr.
• Operating profit before tax stood at ₹2.64 Cr for Q1 FY27 vs ₹0.016 Cr in Q1 FY26.
• Director Arvind Goenka resigned citing mutual exit and other projects, holding 10,810 shares in the company.
• Priyank Dilipbhai Parikh appointed as Additional Non-Executive Independent Director effective August 11, 2026.

Advance Petrochemicals reported a significant financial turnaround in Q1 FY27, with revenue from operations doubling to ₹18.89 Cr from ₹9.51 Cr YoY. Net profit for the quarter reached ₹2.04 Cr, a massive jump from just ₹0.01 Cr in the same period last year. This quarterly profit alone represents approximately 13.6% of the company's total market capitalization of ₹15 Cr. Alongside results, the company announced the resignation of two directors and the appointment of a new Independent Director, leading to a full reconstitution of board committees.

• Revenue from operations grew 98.6% YoY to ₹18.89 Cr in Q1 FY27.
• Net profit surged to ₹2.04 Cr compared to ₹0.01 Cr in Q1 FY26.
• Total expenses for the quarter stood at ₹16.28 Cr, driven primarily by material costs of ₹14.49 Cr.
• Director Arvind Goenka resigned citing 'mutual exit' and other projects, holding 10,810 shares.
• Mr. Priyank Dilipbhai Parikh appointed as Additional Independent Director for a 5-year term.

Advance Petrochemicals reported a significant turnaround in Q1 FY27, with revenue from operations growing 98.6% YoY to Rs 18.89 Cr. Net profit surged to Rs 2.04 Cr, a massive jump from the negligible Rs 0.01 Cr reported in Q1 FY26 and exceeding the total profit for the entire FY26 (Rs 0.03 Cr). The board also approved management changes, including the appointment of a new Independent Director and the resignation of two directors. While the earnings growth is sharp, the company remains a micro-cap with a high debt-to-equity ratio of 3.47.

• Revenue from operations increased 98.6% YoY to Rs 18.89 Cr in Q1 FY27 from Rs 9.51 Cr in Q1 FY26.
• Net profit after tax reached Rs 2.04 Cr, compared to just Rs 0.01 Cr in the year-ago period.
• Profit before tax stood at Rs 2.64 Cr for the quarter, significantly higher than the Rs 0.19 Cr achieved in the full FY26.
• Cost of materials consumed rose to Rs 14.49 Cr, representing 76.7% of total revenue.
• Board appointed Mr. Priyank Dilipbhai Parikh as an Additional Independent Director for a 5-year term effective August 11, 2026.