Company Overview
Gujarat Fluorochemicals Limited reported its consolidated financial results for FY 2025-26, showing revenue growth of 5% YoY to ₹4,996.03 Crores with PAT increasing 5% to ₹573.76 Crores. The company declared a final dividend of ₹3.00 per equity share and scheduled its Eighth Annual General Meeting for 24th September 2026.
Financial Performance
Consolidated FY 2025-26: Revenue from Operations reached ₹4,996.03 Crores (5% increase from ₹4,737.49 Crores in FY 2024-25), EBITDA stood at ₹1,291 Crores (12% increase YoY), and Profit After Tax was ₹573.76 Crores. Export revenue grew to ₹3,017 Crores from ₹2,818 Crores.
Standalone Performance: Revenue from operations was ₹4,541.59 Crores with net profit of ₹677.71 Crores (17% increase from ₹575.36 Crores) and basic EPS of ₹61.69. The company maintained strong financial ratios with Current Ratio of 1.75 and Debt-Equity Ratio of 0.22.
Business Segment Performance
Fluoropolymers Business delivered strong performance with revenue of ₹3,154 Crores (14% YoY growth), driven by demand from semiconductors, EVs, battery energy storage systems, and data centers. The company is investing ₹250 Crores in new fluoropolymer capacity.
Fluorochemicals Business revenue declined 2% YoY despite challenging global environment. The company commissioned R-32 production in March 2026 (10,000-tonne capacity) and plans to double capacity to 20,000 tonnes.
Battery Materials Business (GFCL EV) showed significant progress with cumulative investment of ₹1,900-₹2,000 Crores to date. LiPF6 salt qualified by major global electrolyte manufacturers, and LFP cathode active material facility commissioned with customer samples approved. The company is planning natural graphite anode active material facility and targeting ₹6,000 Crores cumulative investment by FY 2027-28.
Capital Expenditure and Financing
FY 2026-27 Capex: ₹3,150 Crores allocated with ₹2,300 Crores for EV business expansion and ₹850 Crores for chemicals business. The company announced a Greenfield battery materials project in Oman with US$216 Million investment.
Financing Activities: GFCL EV Products issued 4,29,99,999 Series A CCPS to International Finance Corporation for ₹430 Cr. The company implemented an ESOP scheme with 1,40,30,000 options granted in FY26 with various exercise prices and vesting periods.
Corporate Governance and Compliance
The company disclosed remuneration of ₹18.77 crore to Managing Director Vivek Jain including ₹12.06 crore commission payable post-AGM approval. Paid ₹0.20 crore in sitting fees to Non-Executive Directors with no material related party transactions reported.
Received stock exchange fines totaling ₹10.62 lakh for board composition non-compliance under Regulation 17(1) of Listing Regulations. All fines paid and defaults made good. CRISIL Limited reaffirmed rating on long-term bank facilities and NCDs as CRISIL AA+/Stable.
Shareholding and Ownership
Promoter holding remained stable at 57.69% with Inox Leasing holding 52.61% and Aryavardhan Trading LLP holding 5.08%. Total shareholders stood at 64,227 with 92.32% shares held by 280 shareholders (10,001+ shares).
Forward Outlook
The integrated report covers comprehensive business performance across fluoropolymers, fluorochemicals and battery materials segments with planned investments supporting future growth. The document contains forward-looking statements subject to risks including geopolitical tensions, regulatory changes, and market volatility.