Gujarat Alkalies and Chemicals reported a 32% increase in profit after tax (PAT) to ₹208 crore for the financial year ended March 31, 2026, compared to ₹158 crore in the previous year. Revenue from operations rose 7% to ₹4,358 crore from ₹4,073 crore in FY25. The Board of Directors approved the audited financial results for the fourth quarter and full year at meetings held on May 28 and May 29, 2026, under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance and Dividend

The Board recommended a final dividend of ₹17.70 per equity share, or 177%, for the year ended March 31, 2026. The total dividend outgo amounts to ₹1,299.83 crore on 7,34,36,928 equity shares of ₹10 each. The statutory auditors audited the financial results, which were reviewed by the Audit Committee. The company's EBITDA for the year increased by 15% to ₹522 crore, driven by higher capacity utilization and improved sales realizations.

Consolidated Results and Joint Venture

The consolidated financial results for FY26 reported a net loss of ₹241 crore, compared to a net loss of ₹651 crore in the previous year. The consolidated figures include the results of joint venture company GACL-NALCO Alkalies & Chemicals Pvt. Ltd. (60%) and 26% of associates. The joint venture incurred losses of ₹386.87 crore during the year, with accumulated losses of ₹6,333.08 crore as of March 31, 2026. An external expert assessment determined that no impairment provision is required against the company's investment of ₹4,140 crore in the joint venture, as the fair value exceeds the carrying amount.

Capital Expenditure and Strategic Initiatives

The Board approved the establishment of a 5000 TPA High Purity Grade Hydrogen Peroxide Plant at Dahej, Gujarat, with an estimated investment of ₹67 crore. The project is scheduled to be commissioned in 18 months and is expected to contribute approximately ₹42 crore to annual sales revenue. The facility aims to serve niche applications in semiconductor fabrication, solar cell manufacturing, and advanced electronics. Funding will be sourced from internal accruals, with need-based gaps met through borrowings.

The Board also approved the remembrancing and recoating of generation VB+ Cell elements at the Vadodara Complex to reduce power costs and the implementation of a digitization and AI strategy, including migration to SAP S/4HANA. For the current financial year, the company expects to commission several projects, including an HCl Synthesis Unit and 138.60 MW of renewable energy projects.

Gujarat Alkalies and Chemicals Limited has commenced the Second 100 days Campaign - Saksham Niveshak to facilitate the updation of KYC details and the claiming of unpaid dividends. This initiative follows a circular from the Investor Education and Protection Fund Authority (IEPFA) and the Ministry of Corporate Affairs (MCA) dated July 16, 2025. The primary objective is to prevent the transfer of unpaid or unclaimed dividends to the IEPF by ensuring shareholders update their records and claim their entitlements.

The company has communicated that shareholders with unpaid dividends for any financial years from 2018-19 to 2025-26 must act to secure their funds. The campaign specifically targets those holding shares in physical or demat form who have not updated details such as PAN, nomination details, postal address, mobile number, email address, bank account details, and specimen signature. The company has previously utilized email communications, newspaper advertisements, and letters to inform shareholders about these requirements.

Documentation Requirements

Shareholders are required to submit specific forms and documents based on their mode of holding. For physical shares, the company mandates the submission of self-attested KYC documents along with specific forms, while demat holders must update details directly with their Depository Participant.

Submission Process

Documents must be submitted to the company’s Registrar and Transfer Agent, MUFG Intime India Private Limited. Shareholders can send self-attested physical copies by post to the Vadodara address or email digitally signed documents from their registered email ID. In cases of joint holdings, the first joint holder must sign the documents.

The company emphasized that dividends are payable only through electronic mode. Consequently, the amount will be credited to the shareholder’s bank account only after the required information and documents are successfully updated. Shareholders facing issues related to unclaimed dividends and shares may also contact their respective Depository Participants or the company directly.