Gujarat Petrosynthese reported a 61% year-on-year increase in net profit for FY26, reaching ₹23.57 crore. The chemical manufacturer posted revenue from operations of ₹225.77 crore, up 33% from ₹169.22 crore in the previous fiscal year.

The company will hold its 49th Annual General Meeting on September 23, 2026, via video conferencing. Shareholders will vote on the reappointment of Ms. Urmi N. Prasad and Ms. Charita Thakkar as Joint Managing Directors for a five-year term starting April 1, 2027.

Financial Performance

Revenue growth was supported by higher sales volumes and the development of import-substitution products. The company produced 84 different products during the year and added 26 new customers.

Other income remained relatively stable at ₹31.35 crore, slightly down from ₹32.16 crore in FY25. Total expenses rose to ₹228.08 crore from ₹179.27 crore, reflecting increased operational activity.

What the Numbers Show

The divergence between revenue growth and profit expansion highlights the impact of non-operating income. While revenue grew 33%, net profit surged 61%. This acceleration is largely attributable to other income, which constitutes approximately 12% of total income but significantly boosts the bottom line through interest earnings and fair value adjustments on investments. The company’s operating profit margin improved to -0.95% from -5.88% in the prior year, indicating better cost control relative to sales.

Governance and Dividends

The Board of Directors did not recommend any dividend for FY26, opting to conserve resources. Mr. Nuthakki Rajender Prasad retires by rotation and offers himself for reappointment as a Non-Executive Non-Independent Director.

The company maintains a debt-free status with a current ratio of 8.23, up from 4.28 in FY25. This improvement is driven by a significant increase in current assets, particularly fixed deposits classified as current investments.

Gujarat Petrosynthese Limited reported a net profit of ₹86.45 lakh for the quarter ended June 30, 2026 (Q1FY27), marking a 46% increase from ₹59.21 lakh in Q1FY26. The growth was driven by a 46% year-on-year rise in revenue from operations, which reached ₹73.43 lakh compared to ₹50.37 lakh in the corresponding prior period. Total income for the quarter stood at ₹81.77 lakh, up from ₹58.80 lakh previously.

The Board of Directors, meeting on August 12, 2026, approved the unaudited standalone financial results reviewed by statutory auditors Dayal and Lohia Chartered Accountants. In addition to the financial results, the Board approved the re-appointment of Ms. Urmi N. Prasad and Ms. Charita Thakkar as Joint Managing Directors. Both appointments are for a five-year term effective from April 1, 2027, to March 31, 2032, subject to shareholder approval at the ensuing Annual General Meeting and, in Ms. Thakkar’s case, Central Government approval due to her Non-Resident Indian status.

Financial Performance Highlights

The company’s operational efficiency improved alongside top-line growth. Profit before tax rose to ₹11.21 lakh from ₹7.21 lakh in Q1FY26. Tax expenses for the quarter included current tax of ₹3.05 lakh and deferred tax credit of ₹0.48 lakh. Earnings per share (basic and diluted) increased to ₹1.45 from ₹0.99 in the same quarter last year.

Cost of materials consumed increased to ₹55.59 lakh from ₹37.83 lakh, reflecting the higher volume of operations. Employee benefit expenses rose slightly to ₹7.47 lakh from ₹6.83 lakh. Finance costs remained minimal at ₹0.03 lakh. Changes in inventories provided a credit of ₹0.81 lakh, compared to a credit of ₹0.25 lakh in the prior year.

Governance and Corporate Actions

Ms. Urmi N. Prasad, who has completed 34 years of service with the company, holds a B.Com degree, is a qualified Chartered Accountant, and holds an MBA from INSEAD. She is the sister of Ms. Charita Thakkar and spouse of Mr. Nuthakki Rajender Prasad, a non-executive director. Ms. Charita Thakkar, associated with the company since 1984, holds degrees from Bombay University, Texas Christian University, and Stanford University. She has previously served as Finance Manager, General Manager Operations, Executive Director, and Director.

The Board approved convening the 49th Annual General Meeting on September 23, 2026, at 11:00 A.M. (IST) through Video Conferencing/Other Audio-Visual Means. The financial results were filed pursuant to Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.