GMM Pfaudler announced its audited standalone and consolidated financial results for the year ended March 31, 2026. The company reported a consolidated net profit of ₹52 crore for FY26, an increase of 5% compared to the previous year. Revenue from operations rose by 10% year-on-year to ₹3,524 crore, while EBITDA grew by 11% to ₹403 crore. The board has recommended a final dividend of ₹1 per equity share, bringing the total dividend for the fiscal year to ₹2 per share.

Consolidated Financial Performance

The following table outlines the key financial metrics for GMM Pfaudler for the year ended March 31, 2026:

Operational Highlights and Management Commentary

For the quarter ended March 31, 2026, the company reported a consolidated net profit of ₹15 crore, a significant increase from the corresponding period in the previous year. Revenue for Q4 FY26 reached ₹944 crore, up 17% year-on-year. Order intake for the full year increased by 20% to ₹3,714 crore, while the backlog grew by 34% to ₹2,194 crore.

Managing Director Mr. Tarak Patel noted that the company delivered steady performance with 10% revenue growth despite global challenges. He highlighted that India business achieved 12% revenue growth and 40% increase in profit after tax. The company implemented cost measures in Europe, including the closure of its UK facility, and commenced operations in a new Poland manufacturing facility.

Strategic Appointments

As part of its global transformation, the Board approved the appointment of Mr. Gregory Gelhaus as Group Chief Executive Officer and Mr. Ankit Nayyar as Deputy Chief Financial Officer. These appointments are aimed at accelerating the execution of the company's strategic vision.

Earnings Conference Call Recording

Pursuant to SEBI regulations, the audio recording of the Earnings Conference Call held on May 21, 2026, for the audited financial results for the period ended March 31, 2026, has been made available on the company's website.

GMM Pfaudler Limited has announced the appointment of Mr. Gregory Gelhaus as its Group Chief Executive Officer (CEO) and Key Managerial Personnel (KMP). The appointment, effective May 21, 2026, was approved by the Board of Directors at their meeting held on the same date. This decision is subject to ratification by the shareholders at the company's ensuing 63rd Annual General Meeting.

Key Managerial Personnel Appointment

Mr. Gelhaus has been serving as the Chief Transformation Officer of gmm pfaudler Group and an SMP since May 5, 2025. Prior to joining the company, he held the position of Chief Operating Officer for Asia Pacific and Central Europe at Global Blue. His professional background also includes roles at PricewaterhouseCoopers, Alvarez & Marsal, and Kirkham Group Pte Ltd. Mr. Gelhaus holds a BBA in Accounting from the Ross School of Business at the University of Michigan and an MBA from the Wharton School at the University of Pennsylvania. He is also a Certified Public Accountant (CPA) in the State of New York. The company disclosed that Mr. Gelhaus is part of the promoter family, being the son-in-law of Mr. Ashok Patel and brother-in-law of Mr. Tarak Patel.

Changes in Senior Management Personnel

Concurrent with the leadership change at the top, GMM Pfaudler has restructured its Senior Management Personnel (SMP). The board approved the appointment of Mr. Ankit Nayyar as Deputy Chief Financial Officer and Mr. Massimo Serapioni as Chief Executive Officer-Corrosion-Resistant Technologies, effective May 21, 2026.

Mr. Nayyar was appointed as the Deputy Chief Financial Officer at the company effective May 11, 2025. He previously served as the CFO of PI Health Sciences and held leadership roles at Pfizer, Morgan Stanley Capital, and Tata AIG Life Insurance. He is a Chartered Accountant with a Master’s degree in Accounting & Finance from Manchester Business School.

Mr. Serapioni has been the Chief Executive Officer of the Corrosion-Resistant Technologies division since September 15, 2025. Before joining GMM Pfaudler, he served as General Manager – Business Unit Recycling at Coperion. He holds a BBA and a Master’s degree in Information, Media and Technology Management from the University of St. Gallen, along with a Master’s degree from the Stockholm School of Economics.

Cessation of Senior Management Personnel

The company also announced the cessation of Mr. Manish Shah and Mr. Ulf Wittmann as SMPs effective May 21, 2026. This change is attributed to modifications in the organizational structure. Both individuals will continue their employment with the company despite ceasing to hold the SMP designation.