Summary of Key Information:
Reporting Period (Quarter/Year): Quarter and Year ended 31st March 2026
Nature of Filing / Announcement: Outcome of Board Meeting under Regulation 30 of SEBI (LODR) Regulations, 2015
Audit Opinion:
The Statutory Auditors, MSKA & Associates LLP, issued an unmodified opinion on both the standalone and consolidated financial results for the year ended 31st March 2026.
Key Financial Highlights [Rupees in Crores]:
Standalone Results:
For Quarter ended 31 March 2026:
- Revenue from Operations: ₹584.15
- Total Income: ₹595.73
- Net Profit: ₹26.15
- EPS: ₹1.28
For Year ended 31 March 2026:
- Revenue from Operations: ₹2,955.97
- Total Income: ₹3,015.10
- Net Profit: ₹186.16 (11% increase from previous year)
- EPS: ₹9.14
- Other Equity: ₹987.12
- Cash and Cash Equivalents: ₹93.96
- Total Debt: ₹697.79 (Current Borrowings: ₹527.16 + Non-current Borrowings: ₹170.63)
Financial Position as at 31 March 2026:
- Total Assets: ₹2,318.27
- Total Equity: ₹1,190.76
- Total Liabilities: ₹1,127.51
Consolidated Results:
For Quarter ended 31 March 2026:
- Revenue from Operations: ₹584.15
- Total Income: ₹595.73
- Net Profit: ₹29.49
- EPS: ₹1.45
For Year ended 31 March 2026:
- Revenue from Operations: ₹2,955.97
- Total Income: ₹3,015.10
- Net Profit: ₹211.48
- EPS: ₹10.39
- Other Equity: ₹1,166.41
- Cash and Cash Equivalents: ₹93.96
Financial Position as at 31 March 2026:
- Total Assets: ₹2,497.56
- Total Equity: ₹1,370.05
- Total Liabilities: ₹1,127.51
Segment-wise Performance:
The Company operates in a single reportable segment - manufacture and sale of fertilizers. All revenue and non-current operating assets are located in India.
Corporate Actions:
- Dividend: The Board recommended a dividend of 20% on equity shares of face value of ₹10 each (₹2 per equity share) for FY 2025-26, subject to shareholder approval at the ensuing 55th AGM.
Other Significant Information:
- Operational Metrics:
- Q4 FY26: Urea plant operated for 73 days (vs 90 days in Q4 FY25)
- Q4 FY26: Urea production: 1.48 lac MT; Sales: 1.43 lac MT
- FY26: Urea production: 7.21 lac MT; Sales: 7.14 lac MT
- Subsidy Accounting:
- Subsidy of ₹450.33 crores for Q4 FY26 and ₹2,426.91 crores for FY26 accounted based on provisional Retention Price
- Final adjustments will be made when final retention price is notified by Department of Fertilizers
- Insurance Claims:
- Received ₹6.98 crores insurance claims in Q4 FY26 for machinery spares damaged in December 2023 floods
- Earlier flood claim of ₹85.06 crores: ₹55.18 crores received, ₹19.60 crores under process, ₹10.28 crores charged off
- Lodged claim of ₹26.20 crores (₹4.25 crores repair cost + ₹21.95 crores shutdown costs) for plant shutdown from 3rd to 19th March 2026
- Labour Code Implementation:
- Government notified four Labour Codes on 21st November 2025
- Company assessed impact as not material and appropriately accounted for in FY26
- Capital Expenditure:
- Capital work-in-progress increased to ₹447.64 crores (from ₹107.89 crores previous year)
- Purchase of Property, Plant and Equipment including CWIP: ₹319.68 crores for FY26
- Entities in Consolidation:
- Joint Ventures: Tamilnadu Petroproducts Limited, National Aromatics and Petrochemicals Corporation Limited
- Associates: Tuticorin Alkali Chemicals and Fertilizers Limited, Greenam Energy Limited
- Company's share of profit from joint ventures and associates: ₹34.49 crores for FY26