Gujarat Fluorochemicals Limited (GFL) announced the outcome of its Board Meeting held on February 12, 2026. The Board approved the Unaudited Standalone and Consolidated Financial Results for the quarter and nine months ended December 31, 2025, along with the Limited Review Reports. Significantly, Mr. Vivek Jain was appointed as Chairman and Managing Director, effective immediately, following the demise of the former Chairman. The Board also approved a revision in remuneration for Dr. Bir Kapoor.
Board Meeting Outcome: February 12, 2026
Gujarat Fluorochemicals Limited (GFL) informed the Stock Exchanges regarding the key decisions taken at the Board of Directors meeting convened on February 12, 2026. The meeting commenced at 11:50 p.m. and concluded at 1:15 p.m.
Financial Results Approval
The primary item approved was the Unaudited Standalone and Consolidated Financial Results for the quarter and nine months ended December 31, 2025. These results, which were reviewed by the Audit Committee, are now being submitted along with the required Limited Review Reports issued by the Statutory Auditors.
Standalone Performance Highlights (Nine Months Ended Dec 31, 2025)
- Total Income stood at ₹3,362 Crores, compared to ₹3,445 Crores in the corresponding period last year.
- Profit Before Tax (PBT) for the nine months reached ₹682 Crores.
- Basic and Diluted Earnings Per Share (EPS) were ₹46.15 (Not Annualised).
Consolidated Performance Highlights (Nine Months Ended Dec 31, 2025)
- Total External Revenue was ₹3,627 Crores.
- Profit Before Tax (PBT) reached ₹636 Crores.
- Basic & Diluted EPS stood at ₹42.34 (Not Annualised).
Key Corporate Appointments and Changes
Leadership Transition
The Board appointed Mr. Vivek Jain (DIN 00029968), the existing Managing Director, as the Chairman of the Board. His designation is now formally updated to Chairman and Managing Director of the Company, effective February 12, 2026. This change follows the demise of the Late Shri Devendra Kumar Jain, former Chairman.
Remuneration Revision
The Board also approved the revision in the remuneration terms for Dr. Bir Kapoor (DIN: 01771510), Deputy Managing Director. His annual remuneration has been revised to Rs. 8.00 Crores per annum, effective from April 1, 2025, subject to shareholder approval via Postal Ballot.
Notes to Financial Results
Exceptional Item – Labour Code Impact
The financial results reflect an Exceptional Item of (₹17 Crores) for both standalone and consolidated results for the quarter and nine months ended December 31, 2025. This is recognized due to a one-time impact on the provision for employee benefits arising from the implementation of the New Labour Codes effective November 21, 2025.
Insurance Claim Update
Regarding the fire incident in December 2021, the balance of the recognized insurance claim as of December 31, 2025, remains ₹39 Crores (compared to ₹42 Crores as of March 31, 2025).
Investments During the Quarter
During the quarter, the Company made the following investments:
- GFCL EV Products Limited: Investment of Rs. 92.47 Crores in Equity Shares at an issue price of Rs. 35 per share.
- Flurry Wind Energy Private Limited: Investment of Rs. 3.75 Crores in Equity Shares at an issue price of Rs. 10 per share.
Segment Reporting (Consolidated)
The Group has formally identified ‘EV Products’ as a separate reportable segment under Ind AS 108, alongside the core ‘Chemicals’ segment, based on reporting to the CODM.
Segment EBITDA (Nine Months Ended Dec 31, 2025)
The consolidated EBITDA breakdown for the nine-month period shows:
- Chemicals: ₹1,018 Crores
- EV Products: (₹35 Crores) loss
- Total Consolidated EBITDA: ₹983 Crores
Key Financial Ratios (Standalone)
Key standalone ratios for the quarter ended December 31, 2025:
- Operating Margin: 19.54%
- Net Profit Margin: 12.73%
- Current Ratio: 1.68
- Net Worth: ₹6,939 Crores
The Notice of Postal Ballot and other detailed information will be circulated to the shareholders in due course.
Source: BSE
