Gujarat State Fertilizers & Chemicals has reported its financial results for the quarter and year ended March 31, 2026. The company recorded a 14% year-on-year increase in standalone net profit after tax, which rose to Rs 652 crore for the fiscal year. Operating revenue for FY 25-26 increased by 15% to Rs 10,827 crore, driven by robust performance across its fertilizer and industrial product segments. The Board of Directors has recommended a dividend of Rs 5 per equity share of face value Rs 2 each (250%) for the financial year 2025-26, subject to shareholder approval.

FY26 Financial Performance

For the full year ended March 31, 2026, the company achieved its highest-ever quarterly sales in Q4 at Rs 2,622 crore. Operating EBITDA surged 24% YoY to Rs 781 crore, while Profit Before Tax increased by 13% to Rs 838 crore. On a standalone basis, the company reported a net profit of Rs 651.52 crore on revenue from operations of Rs 10,827.25 crore.

The following table summarises the key standalone financial metrics for the year ended March 31, 2026:

Segment Performance

The Fertilizer segment delivered a robust performance during FY 25-26, with sales increasing by Rs 1,196 crore (17%) and volumes rising by 12% to 22.31 LMT. The company recorded its highest-ever quarterly sales in this segment during Q4 at Rs 1,985 crore. However, profitability faced pressure due to a sharp increase in prices of key raw materials like Sulphur and Sulphuric Acid. Despite these challenges, the company achieved the highest fertilizer production (17.59 LMT) in the last five years.

The Industrial Products segment delivered its highest yearly profitability in the last four years. Sales grew by Rs 202 crore (9%) during the year, while EBIT increased significantly from Rs 56 crore to Rs 200 crore on a YoY basis. This improvement was supported by higher sales of Technical Grade Urea, HX Crystal, and traded Ammonia, along with strategic focus on Melamine exports.

Expansion and Outlook

The Company continues to advance its capex plans, with projects aggregating to Rs 675 crore capitalized during FY 25-26. Key ongoing projects include the C-Train Modification for APS Production at Sikka Unit and the Phosphoric Acid and Sulphuric Acid Project at Sikka. Projects commissioned during the year include the Urea revamping Project at Rs 364 crore, a 600 MTPD SA-V Project at Rs 233 crore, and a 15MW Solar Power Project at Charanka at Rs 77 crore.

Looking ahead, the Fertilizer segment is expected to operate in a dynamic environment during Q1 26-27 amid volatility in global raw material markets. The Industrial Products segment anticipates mixed demand conditions, with potential pressure on realizations for Caprolactam and Nylon-6 prices.

Gujarat State Fertilizers & Chemicals Limited has informed the stock exchanges regarding the transfer of unclaimed dividends and corresponding equity shares to the Investor Education and Protection Fund (IEPF) Authority. This action applies to dividends that have remained unpaid or unclaimed for seven consecutive years or more, specifically from the financial year 2018-19 to 2024-25. The company confirmed that the dispatch of letters to affected shareholders via Speed Post was completed on May 20, 2026, as verified by its Registrar and Share Transfer Agent, MUFG Intime India Private Limited.

The company stated that the respective equity shares linked to these unclaimed dividends are also liable to be transferred to the Demat Account of the IEPF Authority. This measure is in accordance with Section 124(6) of the Companies Act, 2013 and the relevant rules governing the IEPF. gujarat state fertilizers & chemicals has requested shareholders to claim their unpaid or unclaimed dividends at the earliest to avoid the transfer of funds and shares.

Shareholder Action Required

To claim the unpaid dividend, shareholders must submit an original cancelled cheque leaf or a copy of the front page of the passbook along with the notice. The deadline for submission is August 31, 2026. Failure to provide these documents will result in the transfer of shares to the IEPF Authority without further intimation. Additionally, the company noted that outstanding dividend payments for shares held in physical form will be credited directly to the bank account only if the folio is KYC compliant, pursuant to a SEBI circular dated February 6, 2026.

Key Deadlines and Details

The following table outlines the critical financial years and deadlines associated with the unclaimed dividend transfer process:

Once shares are transferred to the IEPF, shareholders can claim the refund of shares and accrued benefits by submitting the required documents to the company to obtain an Entitlement Letter. Subsequently, they must file the web-based Form IEPF-5 on the official IEPF website. The company has urged shareholders holding shares in physical form to dematerialize them immediately, as SEBI regulations mandate the transfer of shares only in dematerialized mode.