Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC) has announced its audited financial results for the year ended March 31, 2026. The company achieved a total revenue of ₹8,272 crore for the year, with a net profit of ₹797 crore. Reflecting strong performance, the Board of Directors has recommended a dividend of 210%, amounting to ₹21 per equity share, subject to shareholder approval at the upcoming Annual General Meeting.
Financial Highlights
GNFC has demonstrated strong financial resilience for the fiscal year ended March 31, 2026. The company reported a total revenue of ₹8,272 crore, while standalone net profit rose to ₹797 crore, compared to ₹585 crore in the previous fiscal year. For the fourth quarter (Jan-Mar 2026), the company recorded revenue of ₹2,208 crore and a quarterly net profit of ₹392 crore, driven by improved sales realization across major product lines.
Dividend Recommendation
Recognizing the company’s solid financial health and commitment to shareholder value, the Board of Directors has recommended a final dividend of ₹21 per equity share of face value ₹10 each. This represents a 210% payout for the financial year ended March 31, 2026, and is subject to approval by shareholders at the forthcoming Annual General Meeting.
Operational Performance and Segment Insights
The company experienced varied performance across its business segments. While the Fertilizer segment faced challenges related to energy norms and fixed costs, the Chemical segment significantly improved its results, primarily due to lower input costs and strong market realization. Overall performance was bolstered by a strategic focus on cost management and optimized production at both the Bharuch and Dahej complexes.
Strategic Appointments and Outlook
In a move to strengthen corporate governance and audit oversight, the company has appointed M/s. B S R and Co., Chartered Accountants, as the new Statutory Auditors for a five-year term, covering the 50th to the 55th Annual General Meetings. Looking ahead, GNFC continues to advance its capital expenditure plans, including progress on the Coal-based Steam & Power Plant and the Ammonia Expansion project, which are expected to drive long-term operational efficiency and growth.
Source: BSE
