Summary of Key Information:

Reporting Period (Quarter/Year): Quarter ended June 30, 2026 (Q1 FY27)

Nature of Filing / Announcement: Outcome of Board Meeting - Unaudited Financial Results

Date of Board Meeting / Approval: August 11, 2026

Audit Opinion: Limited Review Report - No modifications

Auditor's Comment: Emphasis of Matters on provisional subsidy accounting, loan defaults, and energy norm penalties

Key Financial Highlights [₹ in lakhs]

Standalone Results:

Revenue from Operations: ₹81,401 (Q1 FY27) vs ₹67,208 (Q1 FY26) - 21.1% YoY increase

Total Income: ₹82,646 (Q1 FY27) vs ₹68,475 (Q1 FY26)

Net Profit: ₹3,459 (Q1 FY27) vs ₹4,406 (Q1 FY26) - 21.5% YoY decrease

EPS: Basic and Diluted ₹2.15 (Q1 FY27) vs ₹2.74 (Q1 FY26)

Paid up equity share capital: ₹16,110 (Face value of ₹10/- each)

Expense Breakdown:

Cost of materials consumed: ₹49,838

Operating and Maintenance Expenses: ₹24,984

Employee benefits expense: ₹2,656

Finance cost: ₹1,535

Depreciation and amortization expense: ₹362

Tax Expense:

Current Tax: ₹1,186

Deferred Tax: (₹37)

Total Tax Expense: ₹1,149

Segment-wise Performance:

The company operates in a single business segment (Fertilizer manufacture) and single geographical segment (India). Trading operations constitute less than 10% of total revenue.

Operational Highlights:

Plant shutdowns during the quarter:

  • Ammonia Plant: 11.96 days due to equipment breakdowns and statutory boiler inspection
  • Urea Plant: 12.23 days for statutory boiler inspection
  • Complex Fertilizer Plants: Entire quarter due to safety concerns and manpower shortage

Other Significant Information:

  • Previous period figures regrouped/reclassified
  • Rebates to customers for timely payment now netted off against revenue (previously reported as finance cost)
  • Provision for gratuity, post-retirement benefits and leave encashment made on estimated basis

Auditor's Emphasis of Matters:

1. Provisional recognition of urea subsidy subject to final GOI determination

2. Continued recognition of interest cost on GOI loans despite default and pending revival package

3. Recognition of 10% penalty on energy norms pending GOI approval

4. Regrouping/reclassification of previous period figures