Financial Performance Summary
Khaitan Chemicals and Fertilizers Limited reported exceptional financial results for FY 2025-26, achieving a net profit of ₹68.76 crores (₹687.595 crores), representing a massive 4518% increase from ₹1.40 crores in FY25. Revenue from operations grew significantly to ₹10,016.294 crores from ₹7,201.677 crores in the previous year, driven by strong performance in both fertilizer and chemicals segments.
Operational Highlights
The company demonstrated robust operational performance with SSP Fertilizer Production reaching 4,40,271 MT (prev. 3,73,870 MT) and Chemicals & Specialty Chemicals Production at 1,83,943 MT. Fertilizer sales reached 4,54,276 MT while chemicals sales were 1,28,086 MT. A key driver was the substantial government subsidy income, which nearly doubled to ₹3.99 billion (₹39,928.00 lakhs) from ₹2.46 billion in FY25, supported by increased NBS rates of ₹7,263/MT (April-Sep 2025) and ₹7,408/MT (Oct 2025-Mar 2026).
Corporate Actions and AGM Details
The company declared a final dividend of 5% amounting to ₹0.05 per equity share for FY 2025-26. The 44th Annual General Meeting will be held virtually on July 21, 2026, where shareholders will vote on special business including increasing borrowing limits from ₹600 crores to ₹800 crores under Section 180(1)(c) and reappointing Utsav Khaitan as Joint Managing Director for three years from May 1, 2026 to April 30, 2029. E-voting will be available through depositories from July 18-20, 2026.
Capital Structure and Ownership
The company maintained a stable capital structure with paid-up equity share capital of ₹9.6989 crores (9,69,89,200 shares of ₹1 each). Promoter holding remained strong at 72.65%, with Shradha Projects Limited holding 44.71% and The Majestic Packaging Co. Pvt. Ltd holding 22.83%. Total borrowings were reduced to ₹3.01 billion from ₹3.13 billion, improving the debt-equity ratio to 1.04 times from 1.40 times in FY25.
Segment Performance and profitability
The company operates in two reportable segments: Fertilizers (Revenue: ₹8.20 billion, Operating Profit: ₹635.06 million) and Chemicals & Speciality Chemicals (Revenue: ₹1.84 billion, Operating Profit: ₹411.17 million). Key profitability metrics showed dramatic improvement with Net Profit Margin at 6% (vs 0.19% in FY25), Return on Equity at 22% (vs 0.63%), and Basic & Diluted EPS of ₹7.09 (vs ₹0.14).
Regulatory Compliance and Governance
The company submitted its Annual Report for FY 2025-26 to BSE and NSE in compliance with SEBI Regulation 34(1), including the Business Responsibility and Sustainability Report. The company faced minor penalties of ₹35,400 each from BSE and NSE for temporary shortfall in non-executive directors. The board composition includes Key Managerial Personnel: Shailesh Khaitan (Chairman & MD), Utsav Khaitan (Joint MD), Harsh Vardhan Agnihotri (CFO), and Sejal Maheshwari (Company Secretary).