Summary of Key Information:
Reporting Period (Quarter/Year): Quarter ended 30th June 2026 (Q1 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting under SEBI LODR Regulations
Audit Opinion:
Clean [Limited Review Report issued by MSKA & Associates LLP for both standalone and consolidated results. No qualifications or modifications noted.]
Key Financial Highlights [Rupees in Crores]
Standalone Results:
Revenue from Operations: ₹848.81 crore (Q1 FY26: ₹780.63 crore, +8.7% YoY)
Total Income: ₹850.29 crore (Q1 FY26: ₹798.15 crore)
Net Profit: ₹44.88 crore (Q1 FY26: ₹58.27 crore, -23.0% YoY)
EPS: ₹2.20 (Q1 FY26: ₹2.86)
Other Comprehensive Income: ₹9.22 crore
Total Comprehensive Income: ₹54.10 crore
Consolidated Results:
Revenue from Operations: Not separately specified in consolidated table
Total Income: ₹850.29 crore
Net Profit: ₹29.49 crore
EPS: ₹1.45
Total Comprehensive Income: ₹21.13 crore
Expense Breakdown (Standalone):
Cost of materials consumed: ₹709.79 crore
Employee benefits expense: ₹22.62 crore
Finance Cost: ₹7.86 crore
Depreciation and Amortization: ₹9.69 crore
Power and Fuel charges: ₹16.19 crore
Other expenses: ₹95.62 crore
Tax Expense (Standalone):
Current Tax: ₹9.50 crore
Deferred tax benefit: ₹(11.66) crore
Total Tax benefit: ₹(2.16) crore
The Company has exercised the option of lower tax rate permitted under section 200 of the Income Tax Act 2025 (erstwhile Section 115BAA) and accordingly re-measured the opening balance of Deferred Tax Liabilities (net) as at 01 April 2026, accounting for a tax credit of ₹12.92 crores in the current quarter.
Segment-wise Performance:
The Company's Chief Operating Decision maker reviews business operations as a single segment - manufacture and sale of fertilizers. Accordingly, no additional segment disclosure is provided.
Operational Highlights:
- Urea plant was in operation for 91 days (same as previous year corresponding quarter)
- Production of Urea: 1.87 lac MT
- Sale of Urea: 1.82 lac MT
- Subsidy of ₹714.83 crores for April-June 2026 accounted based on provisional Retention Price, pending final government notification
Corporate Actions:
Dividend: Final dividend of ₹2.00 per equity share (face value ₹10 each) recommended for FY 2025-26, subject to shareholder approval at 55th AGM
Director Appointments:
1. Thiru. P Sankar, IAS (DIN: 05125853) appointed as Additional Director (Non-Executive Nominee Director) effective 14th August 2026
2. Thiru. Sanket Balvantrao Waghe, IAS (DIN: 11865401) appointed as Additional Director (Non-Executive Nominee Director) effective 14th August 2026
3. Mr. T K Arun (DIN: 02163427) re-appointed as Independent Director for second term effective 11th November 2026
All appointments subject to shareholder approval at ensuing 55th AGM
Other Significant Information:
- The Company continues to monitor the finalization of State Rules for the four Labour Codes notified by Government of India on November 21, 2025
- With respect to a jointly controlled entity: Lease relating to land for manufacturing unit expired on June 12, 2020; request for renewal filed with Govt. of Tamil Nadu; management confident of concluding extended lease
- Consolidated results include two Joint Venture companies (Tamilnadu Petroproducts Limited and National Aromatics and Petrochemicals Corporation Limited) and two Associate companies (Tuticorin Alkali Chemicals and Fertilizers Limited and Greenam Energy Private Limited)