Rashtriya Chemicals and Fertilizers Ltd (RCF) announced the outcome of its Board meeting held on February 12, 2026. The Board approved the Un-audited Financial Results (Standalone and Consolidated) for the quarter and nine months ended December 31, 2025. Additionally, the directors declared an Interim Dividend of Re. 1/- per equity share (10%) for FY 2025-26, with a record date fixed for February 20, 2026.
Quarterly Financial Performance Highlights
Rashtriya Chemicals and Fertilizers Limited (RCF) disseminated its financial results following the Board meeting on Thursday, February 12, 2026. The results reviewed and recommended by the Audit Committee cover the period ended December 31, 2025.
Key financial performance indicators for the Standalone Unaudited results for the quarter ended 31.12.2025:
- Total Income: ₹4,288.74 Crore (compared to ₹4,560.52 Crore in the same quarter last year).
- Profit Before Tax (PBT): ₹118.25 Crore.
- Profit After Tax (PAT): ₹81.37 Crore (compared to ₹79.65 Crore in the same quarter last year).
- Basic/Diluted EPS: ₹1.47.
For the Nine Months ended 31.12.2025 (Standalone):
- Total Income: ₹13,042.07 Crore.
- PBT: ₹334.01 Crore.
- PAT: ₹241.18 Crore.
- Basic/Diluted EPS: ₹4.37.
Interim Dividend Declaration
The Board declared an Interim Dividend of Re. 1/- per equity share of face value Rs. 10/- each, representing (10%), for the financial year 2025-26. This dividend is scheduled to be paid electronically on or before March 13, 2026. The designated Record Date to ascertain the eligibility of shareholders is Friday, February 20, 2026.
The Board meeting commenced at 12:15 pm and concluded at 3:15 pm.
Key Additional Disclosures (Standalone)
The company provided several mandatory disclosures regarding the use of proceeds and debt status:
- There were no deviations or variations in the use of proceeds from the privately placed Non-Convertible Debentures (ISIN: INE027A07012, INE027A08028, INE027A08044) issued in previous periods for the quarter ended December 31, 2025.
- A specific disclosure confirms there is NIL outstanding default on loans, revolving facilities, or unlisted debt securities as of December 31, 2025.
Notes Forming Part of Financial Statements (Standalone)
Significant explanatory notes covered material operational and accounting matters:
- Price Adversity on P&K Fertilizers: RCF recognized subsidy income over notified NBS rates on an estimated basis for imported DAP and TSP, amounting to ₹565.79 crore for the Nine-month period (₹218.65 crore in the current quarter).
- Gas Pooling for Urea Sector: The dispute with GAIL(India) Ltd. regarding the non-recognition of EPMC gas continues. RCF maintains its position and continues to account for the differential as a receivable from the Department of Fertilizers (DoF), cumulatively standing at ₹80.57 crore up to December 2025.
- Divestment/Dispute: RCF disputed GAIL’s demand of ₹52.18 crore for FY 2022-23, against its receivable of ₹71.39 crore, totaling a disputed amount of ₹123.57 crore.
Segmental Performance (Standalone)
The Fertilizers segment remains the largest revenue contributor, reporting revenue of ₹2,799.53 Crore for the quarter ended 31.12.2025. The segment results (Profit/(Loss) Before Tax) for the quarter were ₹96.91 Crore.
Consolidated Financial Review
The Unaudited Consolidated Results incorporate the Holding Company and its Joint Ventures (Urvarak Videsh Ltd. and Talcher Fertilizers Ltd.).
For the quarter ended 31.12.2025 (Consolidated):
- Total Income: ₹4,288.74 Crore.
- PBT: ₹117.83 Crore.
- PAT: ₹80.95 Crore.
- Total Comprehensive Income: ₹77.52 Crore.
The auditors noted that the consolidated results include audited data for Talcher Fertilizers Limited (share of net profit of Rs. 0.42 Crores for the quarter) and reviewed data for Urvarak Videsh Limited (share of net loss of Rs. 0.00 Crores).
Debt Utilisation Disclosures (Non-Convertible Debentures)
The filing confirms the utilization status for funds raised via Private Placement during the current year:
- ISIN INE027A08036 (Raised June 30, 2025): ₹300 crore was raised and fully utilized, with objects being augmentation of long-term working capital and capital expenditure. No deviation was reported.
- ISIN INE027A08044 (Raised September 25, 2025): ₹395 crore was raised and fully utilized for similar purposes. No deviation was reported.
Source: BSE
