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 (Standalone and Consolidated)

Audit Opinion:

Clean opinion with emphasis of matter notes. The auditors issued an unmodified conclusion on both standalone and consolidated financial results.

Key Financial Highlights [₹ in Crore]

Standalone Results:

Quarter ended June 30, 2026:

  • Revenue from Operations: ₹3,585.71 (vs ₹3,370.58 in Q1 FY26, +6.4% YoY)
  • Total Income: ₹3,621.15 (vs ₹3,409.60 in Q1 FY26, +6.2% YoY)
  • EBITDA: Not explicitly disclosed
  • Net Profit: ₹74.29 (vs ₹188.63 in Q4 FY26, -60.6% QoQ; vs ₹54.12 in Q1 FY26, +37.3% YoY)
  • EPS: Basic ₹1.35, Diluted ₹1.35 (vs ₹3.42 in Q4 FY26; vs ₹0.98 in Q1 FY26)
  • Other Equity: ₹4,643.74
  • Cash and Cash Equivalents: Not explicitly disclosed in summary
  • Debt: Outstanding Long Term Debt ₹2,179.97 crore

Consolidated Results:

Quarter ended June 30, 2026:

  • Revenue from Operations: ₹3,585.71 (vs ₹3,370.58 in Q1 FY26, +6.4% YoY)
  • Total Income: ₹3,621.15 (vs ₹3,409.60 in Q1 FY26, +6.2% YoY)
  • EBITDA: Not explicitly disclosed
  • Net Profit: ₹73.53 (attributable to owners)
  • EPS: Basic ₹1.33, Diluted ₹1.33
  • Other Equity: ₹4,634.64
  • Cash and Cash Equivalents: Not explicitly disclosed in summary
  • Debt: Outstanding Long Term Debt ₹2,179.97 crore

Segment-wise Performance [₹ in Crore]:

Standalone Segment Revenue Q1 FY27:

  • Fertilizers: ₹2,567.80
  • Industrial Chemicals: ₹708.16
  • Trading: ₹306.11
  • Unallocated: ₹3.64

Standalone Segment Results Q1 FY27:

  • Fertilizers: Loss of ₹150.30 crore
  • Industrial Chemicals: Profit of ₹300.47 crore
  • Trading: Profit of ₹20.66 crore

Consolidated Segment Revenue Q1 FY27:

  • Fertilizers: ₹2,567.80
  • Industrial Chemicals: ₹708.16
  • Trading: ₹306.11
  • Unallocated: ₹3.64

Consolidated Segment Results Q1 FY27:

  • Fertilizers: Loss of ₹150.30 crore
  • Industrial Chemicals: Profit of ₹300.47 crore
  • Trading: Profit of ₹20.66 crore

Corporate Actions:

  • Dividend: Not declared
  • Share split/Bonus issue/Buyback: Not announced
  • Capital raising: Board approved issue of Secured/Unsecured, Non-Convertible Debentures aggregating up to ₹1,100 crore through private placement in the next twelve months, subject to shareholder approval at ensuing AGM

Other Significant Information:

  • Subsidy Impact: Department of Fertilizers revised energy norm for Thal Unit from 6.200 Gcal/MT to 5.984 Gcal/MT retrospectively from April 1, 2025, resulting in ₹171.54 crore decrease in subsidy income (₹132.52 crore for FY26 + ₹39.02 crore for Q1 FY27)
  • Gas Pooling Dispute: Ongoing dispute with GAIL regarding non-recognition of EPMC/Spot gas in urea operations, total exposure ₹203.41 crore (₹79.84 crore receivable from DoF + ₹123.57 crore disputed amount for FY23)
  • Credit Ratings: Commercial Papers: ICRA A1+, CARE A1+; NCDs: ICRA AA, India Ratings IND AA; Long Term Bank Lines: ICRA AA; Short Term Bank Lines: CRISIL A1+
  • Joint Ventures: Includes results from Urvarak Videsh Ltd (reviewed) and Talcher Fertilizers Ltd (management certified)
  • Property Titles: Company has initiated process to obtain appropriate evidence for self-constructed properties dating back more than 45 years