Chambal Fertilisers and Chemicals Limited reported robust financial performance for Q3 and the nine months ending December 31, 2025. Consolidated Operating Income grew by 20% YoY in Q3 and surged 27% YoY for the 9M period, reaching INR 1,80,086 Mn. Profit After Tax saw a 10% YoY increase in Q3 and a 17% YoY rise for 9M. The company also highlighted significant operational achievements, including 31% volume growth in its Biologicals segment.
Q3/9M FY26 Financial Highlights (Consolidated)
Chambal Fertilisers and Chemicals Limited has announced its financial results for the quarter and nine months ending December 31, 2025. The performance shows notable year-over-year (YoY) growth across key metrics.
Q3-FY26 Performance (Consolidated)
- Operating Income reached INR 58,983 Mn, marking a +20% YoY growth.
- Operating EBITDA stood at INR 8,208 Mn, a +6% YoY increase.
- Net Profit improved by +10% YoY to INR 5,864 Mn.
- Basic & Diluted EPS grew by +10% YoY to INR 14.64/Share.
9M-FY26 Performance (Consolidated)
- Operating Income increased substantially by +27% YoY to INR 1,80,086 Mn.
- Operating EBITDA saw a +4% YoY rise to INR 24,234 Mn.
- Net Profit demonstrated strong growth of +17% YoY, totaling INR 17,840 Mn.
- Basic & Diluted EPS reached INR 44.53/Share, up +17% YoY.
Operational Snapshot and Business Segments
The company affirmed its standing as India’s largest private-sector manufacturer of Urea, maintaining a capacity of 3.4 MMTPA across three integrated plants at Gadepan. The company highlighted its extensive reach, covering 14 States through 19 Regional Offices, over 4,700+ Dealers, and 76,000+ Retailers.
Segment Performance Highlights (Q3-FY26)
The revenue split shows Complex Fertilisers contributing the largest share at 56%, followed by Urea (37%), and Crop Protection Chemicals/SN/Seeds (7%).
Crop Protection Chemicals (CPC) and Speciality Nutrients (SN)
- The segment delivered 30% growth in contribution YoY for the 9M period.
- Biologicals showed exceptional performance with a 31% volume increase and 58% revenue increase YoY for 9M.
- The product introduced in Q1 FY25, “UTTAM PRANAAM” (Bio Nano Phosphorus), showed a 250% YoY growth in both volume and revenue.
- Five new products (Bio Pesticides, Fungicide, Insecticide) were introduced in Q3.
Bulk Fertilisers
- Performance of P&K Fertilisers was strong due to timely procurement.
- Urea volumes were slightly lower due to an unscheduled stoppage of one Urea Plant.
Agronomic Conditions (Rabi Season Support)
The Q3 period saw 134.2 mm of total rainfall, which was 11% above the normal 121 mm. This favorable weather supported an expansion in Rabi sowing. Wheat area reached a record 334.1 lakh hectares as of January 16, 2026, favored by good October rains in Northern states like Rajasthan and Haryana.
Technical Ammonium Nitrate Project Update
The strategic diversification into industrial chemicals remains on track. The 2.4 Lakh MΤΡΑ Technical Ammonium Nitrate (TAN) plant shows overall completion at 92.65% as of Q3 FY26.
- Engineering completion stood at 99.86%.
- Procurement reached 99.80%.
- Construction activities are in full swing, with 88.01% completion.
- Total Project Cost is pegged at INR 16,450 Million, with INR 11,836 Million spent till Q3 FY26.
Historical Context and Balance Sheet
Reviewing standalone historical performance shows PAT Margins for 9M-FY26 are at 10.02%, compared to 10.70% in the previous year. The balance sheet as of H1-FY26 shows Total Equity growing to INR 96,560 Mn (Standalone). The company continues to manage receivables effectively, with Market Debtors at INR 3,669 Mn and Subsidy Debtors at INR 19,794 Mn as of December 31, 2025.
Marketing & Social Responsibility
The company continues to enhance farmer engagement, with the Chambal Uttam Krishak Mitra app downloads crossing 1,00,000+. Furthermore, the company received the YouTube Silver Play Button award for its digital outreach. Corporate Social Responsibility efforts continue across initiatives like Project Akshar (Education), Project Saksham (Vocational Training), and Project Bhoomi (Environmental Sustainability).
Source: BSE