Rashtriya Chemicals and Fertilizers Limited has been fined ₹5.31 lakh each by the National Stock Exchange of India Limited (NSE) and BSE Limited (BSE) for non-compliance with Regulation 17(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The penalties relate to the quarter ended March 31, 2026, resulting in a total monetary impact of ₹10.62 lakh. The company disclosed that it is in the process of filing an application for a waiver of the fines levied by both exchanges.

Regulatory Violation Details

The non-compliance pertains to Regulation 17(1) of the SEBI LODR Regulations. The notices were received by the company on May 27, 2026, at specific times: 17.03 pm from BSE and 20.33 pm from NSE. The action taken by the authorities was the imposition of a monetary fine.

Company Response

In its disclosure to the stock exchanges, Rashtriya Chemicals and Fertilizers Limited confirmed the receipt of the notices and the details of the penalties. The company indicated that the financial impact is quantifiable and that it intends to seek relief by applying for a waiver of the fines imposed by both the NSE and BSE.

Rashtriya Chemicals and Fertilizers Limited has reported its audited financial results for the quarter and financial year ended March 31, 2026. The company recorded a net profit of ₹188.63 crore for the full year, a significant increase from ₹81.37 crore in the previous year. On a quarterly basis, Q4 standalone net profit surged to ₹188.63 crore from ₹72.65 crore in the same period last year. The Board of Directors, at its meeting held on May 21, 2026, approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026.

Q4 Financial Performance

The company delivered a strong quarterly performance, with revenue, profitability, and operating margins all improving on a year-on-year basis. Q4 revenue from operations rose sharply to ₹5580.57 crore from ₹3729.67 crore in the corresponding quarter of the previous year. EBITDA for the quarter came in at ₹320 crore, compared to ₹178 crore in Q4 of the prior year, while the EBITDA margin expanded to 5.80% from 4.79%.

FY26 Annual Financial Performance

For the full financial year, Rashtriya Chemicals and Fertilizers delivered a robust operational performance. Revenue from operations rose to ₹18480.17 crore from ₹16933.64 crore in the previous year. EBITDA for the year increased to ₹1819 crore from ₹1690 crore, though the EBITDA margin saw a marginal decline. The following table summarises the key annual financial highlights:

Dividend Declaration

Pursuant to Regulation 30 read with Part A of Schedule III and Regulation 43 of SEBI LODR, the Board of Directors has recommended a final dividend of ₹1.34 per equity share of ₹10 each (i.e., 13.40% on the paid-up equity share capital) for the financial year ended March 31, 2026. This dividend is subject to the approval of shareholders at the ensuing Annual General Meeting (AGM). The final dividend would be paid within 30 days from the date of its declaration at the AGM.

Board Meeting Outcome

The Board meeting was held on Thursday, May 21, 2026. In addition to the financial results, the Board approved the appointment of M/s. Diwanji & Co., Cost Accountants, as Cost Auditors of the Company for the financial year 2026-27. The meeting commenced at 11:45 am and concluded at 3:30 pm.

Company Background

Rashtriya Chemicals and Fertilizers Limited is a Government of India Undertaking, headquartered at "Priyadarshini", Eastern Express Highway, Sion, Mumbai – 400022. The company operates under CIN: L24110MH1978GOI020185 and is listed on both BSE Limited and the National Stock Exchange of India Limited.