Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC) reported robust financial performance for the financial year ended March 31, 2026. The company achieved a consolidated net profit of ₹808 crore for the year. Following these results, the Board of Directors has recommended a dividend of ₹21 per equity share, representing a 210% payout, subject to approval at the upcoming Annual General Meeting.
Financial Highlights
For the fiscal year ending March 31, 2026, GNFC recorded a consolidated revenue of ₹8,272 crore, resulting in a net profit of ₹808 crore. The standalone performance for the same period reflected a revenue of ₹8,272 crore and a net profit of ₹797 crore, demonstrating steady operational efficiency despite market fluctuations.
Segment Performance
The company’s chemical segment emerged as a key contributor, generating ₹4,899 crore in revenue for the year, while the fertilizer segment contributed ₹2,764 crore. Management attributed the revenue improvements during the quarter to better sales realizations across key products and reduced input costs, particularly within the chemical division.
Dividend and Strategic Outlook
Reflecting its strong financial position, the Board has recommended a dividend of ₹21 per equity share for the fiscal year 2025-26. This payout, amounting to 210%, underscores the company’s commitment to delivering shareholder value. Looking ahead, GNFC is focusing on its expansion projects, including the Coal-Based Steam & Power Plant, Ammonia Expansion, and other capacity-enhancing initiatives at the Bharuch complex, which are progressing largely according to schedule.
Leadership Updates
In a strategic move to ensure long-term 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 period from the conclusion of the 50th Annual General Meeting through the 55th Annual General Meeting.
Source: BSE