Chambal Fertilisers & Chemicals has published its audited standalone and consolidated financial results for the quarter and year ended March 31, 2026. The results were approved at the Board of Directors meeting held on May 14, 2026. The Board recommended a final dividend of Rs. 6.00 per equity share of Rs. 10 each for the financial year ended March 31, 2026. The company also hosted an Analysts/Investors conference call on May 15, 2026, to discuss the financial performance, with the transcript filed under Regulation 30.
Standalone Financial Performance
The company delivered a robust performance on a standalone basis for the full year. Revenue from operations rose 25% year-on-year to Rs. 20,794 Crore. EBITDA rose 8% year-on-year to Rs. 2,679 Crore, with an EBITDA margin of about 12.88%. Profit after tax for the period grew 18% year-on-year to Rs. 1,950 Crore, with PAT margins at 9.38%. For the fourth quarter, revenue from operations grew 14% year-on-year to about Rs. 2,785 Crore. EBITDA for the quarter was Rs. 255 Crore, up 56% year-on-year with an EBITDA margin of 9.16%. Profit after tax was Rs. 145 Crore, up 46% year-on-year.
The following table summarises the standalone financial results:
| Metric: |
Q4 FY26 (Audited) |
Q3 FY26 (Unaudited) |
Q4 FY25 (Audited) |
FY26 (Audited) |
FY25 (Audited) |
| Revenue from Operations (Rs. Crore): |
2,785.03 |
5,898.26 |
2,448.73 |
20,793.66 |
16,646.20 |
| Total Income (Rs. Crore): |
2,813.63 |
5,912.22 |
2,503.79 |
21,044.91 |
16,999.52 |
| Profit Before Tax (Rs. Crore): |
191.17 |
746.17 |
137.11 |
2,574.69 |
2,459.03 |
| Net Profit After Tax (Rs. Crore): |
145.39 |
564.54 |
99.71 |
1,949.67 |
1,656.79 |
| Total Comprehensive Income (Rs. Crore): |
157.08 |
574.52 |
103.32 |
2,053.48 |
1,731.62 |
| Basic EPS (Rs.): |
3.63 |
14.09 |
2.49 |
48.66 |
41.35 |
| Diluted EPS (Rs.): |
3.63 |
14.09 |
2.49 |
48.66 |
41.35 |
Consolidated Financial Performance
On a consolidated basis, the company reported revenue from operations of Rs. 20,793.66 Crore for FY26, compared to Rs. 16,646.20 Crore in FY25. Consolidated total income stood at Rs. 20,920.51 Crore against Rs. 16,861.31 Crore. Net profit after tax on a consolidated basis was Rs. 1,953.27 Crore, up from Rs. 1,649.39 Crore in the previous year. Total comprehensive income on a consolidated basis was Rs. 2,078.55 Crore versus Rs. 1,774.45 Crore.
The following table summarises the consolidated financial results:
| Metric: |
Q4 FY26 (Audited) |
Q3 FY26 (Unaudited) |
Q4 FY25 (Audited) |
FY26 (Audited) |
FY25 (Audited) |
| Revenue from Operations (Rs. Crore): |
2,785.03 |
5,898.26 |
2,448.73 |
20,793.66 |
16,646.20 |
| Total Income (Rs. Crore): |
2,813.84 |
5,912.37 |
2,504.00 |
20,920.51 |
16,861.31 |
| Profit Before Tax (Rs. Crore): |
215.04 |
768.04 |
167.72 |
2,578.37 |
2,451.71 |
| Net Profit After Tax (Rs. Crore): |
169.24 |
586.39 |
130.31 |
1,953.27 |
1,649.39 |
| Total Comprehensive Income (Rs. Crore): |
185.19 |
583.29 |
190.36 |
2,078.55 |
1,774.45 |
| Basic EPS (Rs.): |
4.23 |
14.64 |
3.25 |
48.76 |
41.17 |
| Diluted EPS (Rs.): |
4.23 |
14.64 |
3.25 |
48.76 |
41.17 |
Segment Performance and Operations
During FY26, the Urea segment revenue stood at around Rs. 12,566 Crore, lower by 5% year on year, while EBIT margins remained steady at 14.6%. Sales volumes declined 2% to stand at 34.06 lakh metric tons. The Complex Fertilizer segment revenues increased sharply to INR 7,025 Crore, reflecting year-on-year growth of 175%. Sales volume increased to 12.31 lakh metric tons led by strong growth in DAP, TSP and NPK fertilizers. EBIT margins stood at around 4% during FY26.
The CPC Speciality Nutrients and Seed segment delivered strong performance, with revenues increasing by 30% year-on-year to INR 1,203 Crore as compared to INR 926 Crore in FY25, and EBIT margins remained healthy at around 23.5%. The biological business scaled up with robust increases of about 30% in volumes and 57% growth in revenues.
Technical Ammonium Nitrate Project Update
The company's technical ammonium nitrate project has entered the commissioning phase. The dry run for the weak nitric acid plant has commenced, and subsequent commissioning activities for downstream TAN, including AN Melt and HDAN products, are underway. The project is being developed using state-of-the-art technology from Casale, Switzerland, and has a capacity of 240,000 metric tons per annum. Management expects the plant to reach 75%-80% capacity utilization in the first year.
Balance Sheet Highlights
As of March 31, 2026, the company's equity share capital remained unchanged at Rs. 400.65 Crore. Standalone other equity stood at Rs. 9,786.64 Crore, compared to Rs. 8,133.81 Crore in the previous year. On a consolidated basis, other equity was Rs. 10,007.30 Crore against Rs. 8,327.37 Crore.
| Parameter: |
Standalone FY26 |
Standalone FY25 |
Consolidated FY26 |
Consolidated FY25 |
| Equity Share Capital (Rs. Crore): |
400.65 |
400.65 |
400.65 |
400.65 |
| Other Equity (Rs. Crore): |
9,786.64 |
8,133.81 |
10,007.30 |
8,327.37 |
Conference Call Details
The audio recording and transcript of the conference call are available on the company's official investor relations website.