Gujarat State Fertilizers & Chemicals Limited (500690) Earnings Call Transcripts

Gujarat State Fertilizers & Chemicals Limited's Latest Earnings Call - Q4 FY2026

In Q4 FY '26, Gujarat State Fertilizers & Chemicals Limited (GSFC) reported a strong performance with sales reaching INR 2,622 crores, marking a 15% increase year-over-year. The fiscal year saw total sales of INR 10,827 crores, up 15% from the previous year, with a PAT of INR 673 crores, a 14% increase. Management highlighted stable operations despite raw material price volatility and signaled cautious optimism for FY '27, particularly in the fertilizer segment, while noting geopolitical pressures on input costs.

Reported metrics

Guidance from management

Management signaled a cautious outlook for Q1 FY '27, highlighting mixed demand conditions and geopolitical pressures affecting input costs. They expect to manage inventory and production levels carefully amidst these challenges.

What management said

Yes. We are importing actually ammonia at a Sika Jati, we are having our own JP and the storage facility at Sika. So we are importing ammonia. And whatever ammonia quality is required by the industry is down billing, we are importing that particular portion in the whole segment for the saving business, and we trade accordingly the ammonia from the Jamnagar plant.

Actually, there is one trend of DAP. [indiscernible] It, which is having the production capacity of 1,300 or 1,400 metric tonnes per day. So that for the fungible production facilities for average of NPKs like ammonium food salad. So we are -- this work is going on nicely as for the due time, and we are expecting this to be completed in July, somewhere in July, August this year only. So after completing of this techn...

What analysts pressed on

Analysts expressed concerns regarding the sustainability of margins in light of raw material price volatility and geopolitical risks. There were questions about how GSFC plans to navigate potential supply chain disruptions and maintain profitability in the coming quarters.

Main topics on the call

• Strong Revenue Growth — GSFC achieved Q4 sales of INR 2,622 crores, the highest ever for this quarter, contributing to a fiscal year total of INR 10,827 crores, a 15% increase year-over-year. Management stated, "The Fertilizer segment delivered...
• Record Fertilizer Sales — The company reported record fertilizer sales of INR 1,985 crores in Q4, driven by a 12% increase in sales volume. Management noted, "We achieved highest fertilization production in last 5 years at INR 17.59..."
• Stable Operations Amid Raw Material Volatility — Despite significant increases in raw material prices, GSFC maintained stable operations, with management stating, "We maintained stable operations, optimized product liability..." This stability is crucial given the geop...
• Industrial Products Segment Turnaround — The Industrial Products segment achieved its highest EBIT in the last 10 quarters, indicating a strong turnaround. Management highlighted, "The segment achieved highest tender profitability in the last 4 years..."

Read the full Gujarat State Fertilizers & Chemicals Limited transcript (Q4 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 20 Gujarat State Fertilizers & Chemicals Limited earnings call transcripts on record, spanning January 31, 2020 to May 25, 2026. Based on this history, Gujarat State Fertilizers & Chemicals Limited reports semi-annually. The most recent call on file is dated May 25, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

500690

Exchange

BSE

Country

IN

Sector

Materials

Industry

Chemicals

Calls on record

20

First call

January 31, 2020

Most recent

May 25, 2026

Reporting cadence

semi-annually