Machhar Industries Ltd share price remained flat to Rs 391.0 after the company's net profit witnessed a sharp fall of 68.97% to Rs 0.09 crore, while revenue from operations plunged by 24.67% to Rs 4.58 crore in Q3FY26 over Q2FY26.

The market capitalization of Specialty Chemicals industry group stocks on BSE stood at Rs 5.46 lakh crore, surging by 15.32%. It has slipped by 4.48% over last one week and dipped slightly by 3.25% in last one month while the market capitalization of Machhar Industries Ltd has remained flat

Profit before tax (PBT) of Machhar Industries Ltd stood at Rs 0.34 crore in Q3 FY26, jumping 161.54% year-on-year, and retreating 12.82% quarter-on-quarter. EBITDA came in at Rs 0 crore, expanding by 230.00% YoY and plunging by 25.00% sequentially.

Total expenses tumbled by 24.60% to Rs 4.29 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 1.15 crore, slumping by 36.11% YoY, while employee benefits expense was at Rs 0.45 crore, slipping by 6.25% YoY.

For the TTM ended FY26, revenue from operations eased 7.38% to Rs 15.68 crore, while net profit tumbled by 74.14% to Rs 0.15 crore, compared to previous TTM. EBITDA saw a sharp decline of 38% to Rs 0.07 crore, and PBT collapsed by 75% to Rs 0.19 crore compared to previous TTM.

The company's consolidated net cash flow from operating activities stood at Rs 0.19 crore in FY26, as against Rs 0.21 crore in FY25.

Machhar Industries Ltd inched up 4.27% in last one year, significantly outperforming the benchmark BSE Sensex which has reduced by 13.37% during the same period.