According to reports from Live Mint, A-1 Limited's shares reached ₹7.30, capped at a 5% limit, during Tuesday's trading session on June 30, 2026. The surge came after the company announced its appointment as a primary authorised dealer by Ishan Dyes and Chemicals Limited for a significant portion of the latter's sulphur-based chemical requirements. This partnership builds on an existing business relationship, with A-1 Ltd having supplied materials worth approximately ₹40 crore to Ishan Dyes since February 2026, demonstrating its execution capabilities and supply reliability. With a market capitalization of ₹336 crores, the shares are trading at a P/E ratio of 56 compared to the industry average of 36.3.
As reported by Live Mint, under the new arrangement, A-1 Ltd will supply a range of sulphur-based industrial chemicals, including 98% sulphuric acid, 70% sulphuric acid, 23% oleum, 65% oleum, and chlorosulphonic acid. These products serve end-use industries such as fertilisers, pharmaceuticals, dyes, petrochemicals, water treatment, battery manufacturing, metal processing, petroleum refining and specialty chemicals. The company expects this dealership arrangement to contribute meaningfully to revenue growth during FY2026-27 and beyond, while strengthening its presence in Gujarat and supporting expansion into other targeted markets. As a primary authorised dealer, A-1 Limited will receive better access to production, competitive pricing and dedicated supply, allowing it to serve large customers more efficiently.
According to Live Mint reports, for Q4 FY26 ending March 2026, A-1 Limited reported a consolidated net profit of ₹4.36 crore, registering a sharp 417.11% year-on-year growth compared to ₹0.84 crore in Q4 FY25. Consolidated revenue from operations stood at ₹145.27 crore, reflecting a 32.51% YoY growth from ₹109.62 crore in Q4 FY25. EBITDA for Q4 FY26 came in at ₹7.21 crore with an EBITDA margin of 4.97%, registering a growth of 191.89% compared to EBITDA of ₹2.47 crore and a margin of 2.25% in Q4 FY25. The company's operating profit increased significantly from ₹2.43 crores to ₹7.09 crores, up 191% year-on-year.
As reported by Live Mint, for FY26 ending March 2026, A-1 Limited reported a consolidated net profit of ₹5.99 crore, marking a 64.12% YoY growth compared to ₹3.65 crore in FY25. Consolidated revenue from operations for FY26 stood at ₹342.91 crore, reflecting a 3.44% YoY increase from ₹331.49 crore reported in FY25. EBITDA for FY26 stood at ₹12.60 crore with an EBITDA margin of 3.67%, registering a growth of 23.07% compared to EBITDA of ₹10.23 crore and a margin of 3.09% in FY25.
According to Live Mint reports, the partnership with Ishan Dyes positions A-1 Limited to benefit from India's structural shift toward domestic manufacturing and reduced chemical import dependence. The company noted that India's sulphuric acid market is a key enabler of the domestic fertiliser and pharmaceutical industries, both priority sectors under the Government of India's Atmanirbhar Bharat initiative. A-1 Limited plans to leverage its 100+ vehicle logistics fleet and existing customer network in sectors such as textiles, steel, pharmaceuticals and water treatment to sell these new products alongside its current offerings. The company expects the dealership to make a meaningful contribution to revenue during FY2026-27 and beyond, with the exact impact depending on customer demand, while clarifying that Ishan Dyes and Chemicals Limited is not a related party under the Companies Act.
