Jubilant Agri and Consumer Products Limited has partially commenced commercial production of Polymer (Adhesive) at its Performance Polymers manufacturing facility located in Samlya (Savli), Vadodara. The company initiated operations at the expanded unit effective June 03, 2026, following an earlier approval for capacity expansion. The remaining capacity at the facility is expected to be commissioned over the next 6 to 8 months.

The development was disclosed to the exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This marks a significant step in the company's expansion plans for its Performance Polymers division.

Project Details

The manufacturing facility is situated in Samlya (Savli), Vadodara. The company had previously informed the exchanges about the approval for this capacity expansion on November 04, 2025.

The commencement of partial production is expected to enhance the company's operational capabilities in the Performance Polymers segment.

Jubilant Agri and Consumer Products Limited reported a consolidated net profit of ₹1,279 crore for the financial year ended March 31, 2026, a 45% increase from ₹883 crore in the previous year. Revenue from operations for FY26 rose 21% to ₹18,911 crore, compared to ₹15,610 crore in FY25. The board approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, at a meeting held on May 26, 2026. M/s. BGJC & Associates, LLP, Statutory Auditors, issued an audit report with an unmodified opinion on the financial results. The company submitted copies of the newspaper publication of these results to the exchanges on May 27, 2026, pursuant to Regulation 30 and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Consolidated Q4 Performance

For the quarter ended March 31, 2026, the company reported a consolidated net profit of ₹199 million, up 24% from ₹160 million in the corresponding quarter of the previous year. Consolidated Q4 revenue increased 22% to ₹4,852 million from ₹3,983 million year-on-year. EBITDA for the quarter stood at ₹325 million versus ₹272 million, while the EBITDA margin was 6.7% compared to 6.8% in the prior year period.

Segment Performance

The Performance Polymers & Chemicals segment reported revenue of ₹11,988 crore for FY26, while the P&K Fertilizers segment contributed ₹6,812 crore. The Agri Nutrients segment recorded revenue of ₹111 crore. Total segment revenue for the year reached ₹18,911 crore. The board also approved a Scheme of Arrangement for the demerger of the Agri Division into Jubilant Agri Solutions Limited, subject to requisite approvals from statutory and regulatory authorities. The companies have received No Objection Certificates from NSE and BSE dated April 17, 2026, and are in the process of filing an application before the NCLT.

Operational Highlights

The company sustained high double-digit revenue growth in the Adhesives segment, driven by robust demand supported by GST rate reductions and a recovery in discretionary spending. The Performance Polymers & Chemicals segment faced demand softness in industrial polymers and food polymers, while the Agri Products segment achieved higher double-digit revenue growth due to better product placement and mix. For FY26, the company reported a Return on Capital Employed (ROCE) of 37% and a debt-to-equity ratio of 0.06.