Event Type and Details:

  • This document contains the transcript of the Q1 FY27 Earnings Conference Call held on July 31, 2026, hosted by Valorem Advisors.
  • The call was scheduled after the earnings announcement for the quarter ended June 30, 2026.
  • The stated purpose was to discuss the Company's financial results and business performance for the first quarter of FY 2026-27.

Management Participants:

  • Mr. Abhay Baijal, Managing Director
  • Mr. Narinder Goyal, Business Head - Manufacturing Operations
  • Mr. Anuj Jain, Chief Financial Officer
  • Mr. Ashish Srivastava, Vice President - Sales and Marketing
  • Mr. Tridib Barat, Vice President - Legal and Company Secretary
  • Mr. Vivek Misra, Business Head of TAN (Technical Ammonium Nitrate)

Compliance Statement:

  • The call included a cautionary statement that some statements may be forward-looking and subject to risks and uncertainties.
  • The purpose was stated as purely educational to bring awareness about the Company's fundamental business and financial quarter under review.

Financial Period Discussed:

  • Q1 FY27 (quarter ended June 30, 2026)

Financial Highlights from Management Commentary:

  • Standalone revenue from operations: INR 5,000 crores (vs. INR 5,700 crores last year, down 12%)
  • EBITDA: INR 851 crores (up 12% YoY)
  • EBITDA margins: 17% (vs. 13% last year, improvement of 350 bps)
  • Profit after tax: INR 703 crores (up 10% YoY)
  • PAT margins: 14% (vs. 11% last quarter)
  • Subsidy received during quarter: INR 2,480 crores (vs. INR 2,512 crores last year)
  • Total receivables as of June 30: INR 3,300 crores (comprising market debtors of INR 841 crores and subsidy receivables of INR 2,460 crores)

Segmental Performance:

  • Urea segment: Revenue INR 2,860 crores (vs. INR 3,109 crores, down 8%) due to lower production and sales from bunched plant shutdowns
  • Complex fertilizer segment: Revenue INR 1,737 crores (vs. INR 2,131 crores, down 18%); Segment EBIT rose 67% to INR 239 crores
  • Crop protection chemicals, specialty nutrients and seed segment: Revenue INR 430 crores (vs. INR 458 crores, down 6%); Segment EBIT grew 13% to INR 108 crores with margins improving to 25%

Operational and Strategic Updates:

  • The Indian fertilizer industry faced challenges from geopolitical uncertainties, elevated raw material prices, and delayed monsoon onset
  • Government approved National Investment Policy for Urea 2026, providing framework for future domestic urea capacity investments
  • Company progressing preparatory activities for potential fourth urea plant (investment decision subject to Board approval)
  • Technical Ammonium Nitrate project progressed with production commencing of Weak Nitric Acid and Ammonium Nitrate solutions
  • High-density Ammonium Nitrate moves closer to commissioning
  • IMACID JV impacted by Sulphur shortages and elevated prices, resulting in temporary production shutdown; resumed production in July
  • Expanded crop protection portfolio with seven new products across herbicides, fungicides, and insecticides
  • Launched two new maize and bajra varieties in seeds business
  • Biologicals business witnessed growth in volumes and revenues
  • Partnered with TERI to establish CFCL-TERI Centre of Excellence for Advanced and Sustainable Agriculture Solutions
  • Seed-to-Harvest program concluded over 1,400 farmer meetings, 500 demos, and analyzed more than 38,000 soil samples
  • Social media outreach crossed 1.63 crore viewers across Facebook, YouTube, and Instagram

Additional Notes Section

  • The document is a regulatory filing containing the complete transcript of the earnings conference call
  • No financial attachments or presentation decks were included in this specific document
  • The transcript is available on the Company's website at https://investor.chambalfertilisers.com/EarningCallTranscripts.html
  • The filing was made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Reference number: CFCL/SE/2026-27/39 dated August 6, 2026