loader2
Login Open ICICI 3-in-1 Account
  • Text Size
  • Text to Speech
  • Color Contrast
  • Pause Animations

Nifty Chemicals Results: Latest Quarterly Results & Analysis

Open Free Trading Account Online with ICICIDIRECT
+91
Bayer Cropscience Ltd. 26 May 2026 18:31 PM

Q4FY26 & FY26 Result Announced for Bayer Cropscience Ltd.

Agrochemicals company Bayer Cropscience announced Q4FY26 & FY26 results

Financial Highlights:

  • Revenue from Operations: The company reported revenue of Rs 11,008 million for Q4FY26, representing a marginal decrease of 0.49% on a QoQ basis compared to Rs 11,062 million in Q3FY26, but an increase of 5.20% on a YoY basis compared to Rs 10,464 million in Q4FY25. For the full year FY26, revenue stood at Rs 56,750 million, up 3.68% from Rs 54,734 million in FY25.
  • Total Income: For Q4FY26, total income was Rs 11,474 million, up 2.25% QoQ from Rs 11,221 million and up 5.90% YoY from Rs 10,835 million. The annual total income for FY26 reached Rs 57,700 million, a growth of 3.16% over FY25.
  • Profit Before Tax (PBT): The company achieved a PBT of Rs 2,064 million in Q4FY26, showing a significant growth of 82.65% on a QoQ basis from Rs 1,130 million and an increase of 22.93% on a YoY basis from Rs 1,679 million. The annual PBT for FY26 was Rs 8,549 million, up 20.85% from Rs 7,074 million in FY25.
  • Net Profit: Net profit for Q4FY26 stood at Rs 1,621 million, an increase of 69.38% QoQ from Rs 957 million and a 13.12% increase YoY from Rs 1,433 million. For the full year FY26, net profit was Rs 6,892 million, marking a 21.34% growth compared to Rs 5,680 million in FY25.
  • Total Comprehensive Income: The total comprehensive income for Q4FY26 was Rs 1,539 million. For the full year FY26, it reached Rs 6,771 million, representing a 20.31% increase from Rs 5,628 million in FY25.
  • Dividend: The Board of Directors has recommended a final dividend of Rs 60/- per share for the year ended March 31, 2026, amounting to Rs 2,697 million for 44,942,092 equity shares of Rs 10/- each.
  • Earnings Per Share (EPS): Basic and diluted EPS for FY26 stood at Rs 153.35, compared to Rs 126.38 in FY25.

Business Highlights:

  • Segment Performance: The company operates in a single reportable business segment, "Agri Care."
  • Seasonality: The company noted that its business is seasonal in nature, and therefore, quarterly figures are not necessarily representative of the full year's performance.
  • Impact of New Labour Codes: Based on the information available as at March 31, 2026, the company assessed that the incremental impact of the "New Labour Codes" on employee benefit obligations is not material.
  • Discontinued Operations: During the previous year (FY25), the company had sold its Energy Undertaking (57 MW captive wind power plant) on a slump-sale basis for Rs 200 crore.

Simon Wiebusch, Vice Chairman & Managing Director and CEO, BCSL, said: “In Q4, we delivered a resilient performance, with revenue growing ~5%, reflecting the underlying strength of our business in a challenging environment, even as growth moderated versus our ambitions. While corn saw a softer season, our diversified portfolio sustained momentum.

Our full-year performance remained measured, shaped by Kharif disruptions and a deliberate focus on disciplined channel management and long-term value creation over short-term volume acceleration. We remain well-positioned to drive sustainable, quality-led growth going forward.”

Vinit Jindal, Executive Director & Chief Financial Officer, BCSL, said: “Profit After Tax grew by 21% for the full year. Amidst external challenges, the Company maintained financial stability through disciplined cost and cash flow management. The balance sheet remains strong providing flexibility to support operations and strategic priorities. We continue to focus on driving profitable growth and maintaining balance-sheet resilience.”

Result PDF

Specialty Chemicals company Gujarat Fluorochemicals announced Q4FY26 & FY26 results

Q4FY26 Consolidated Financial Highlights:

  • Revenue from operations for Q4FY26 stood at Rs 1,369 crore, representing a growth of 20.51% on a QoQ basis compared to Rs 1,136 crore in Q3FY26 and an increase of 11.76% on a YoY basis compared to Rs 1,225 crore in Q4FY25.
  • Total Income for the quarter was Rs 1,375 crore, up from Rs 1,143 crore in Q3FY26 and Rs 1,251 crore in Q4FY25.
  • Profit before tax (PBT) for Q4FY26 was Rs 171 crore, showing a growth of 19.58% QoQ from Rs 143 crore and a decline of 21.20% YoY from Rs 217 crore.
  • Net Profit for the period stood at Rs 109 crore in Q4FY26, an increase of 6.86% from Rs 102 crore in Q3FY26 and a decrease of 42.93% from Rs 191 crore in Q4FY25.
  • Total Comprehensive Income for Q4FY26 was Rs 133 crore, compared to Rs 109 crore in Q3FY26 and Rs 195 crore in Q4FY25.

FY26 Consolidated Financial Highlights:

  • Revenue from operations for the full year FY26 reached Rs 4,996 crore, marking an increase of 5.47% compared to Rs 4,737 crore in FY25.
  • Total Income for FY26 stood at Rs 5,038 crore, up from Rs 4,795 crore in the previous year.
  • Net Profit for the year was Rs 574 crore, showing a growth of 5.13% over Rs 546 crore reported in FY25.
  • Basic and Diluted Earnings Per Share (EPS) for FY26 was Rs 52.26, compared to Rs 49.69 in FY25.

Q4FY26 Standalone Financial Highlights:

  • Revenue from operations for Q4FY26 was Rs 1,211 crore, an increase of 18.03% QoQ from Rs 1,026 crore and an increase of 4.58% YoY from Rs 1,158 crore.
  • Profit before tax stood at Rs 237 crore, growing by 37.79% QoQ from Rs 172 crore and 24.74% YoY from Rs 190 crore.
  • Net Profit for the period reached Rs 171 crore in Q4FY26, up 34.65% on a QoQ basis and 2.40% on a YoY basis.

FY26 Standalone Financial Highlights:

  • Revenue from operations for FY26 was Rs 4,542 crore, marginally lower by 0.50% compared to Rs 4,565 crore in FY25.
  • Net Profit for the year stood at Rs 678 crore, a growth of 17.91% compared to Rs 575 crore in FY25.
  • Total Comprehensive Income for FY26 was Rs 680 crore against Rs 574 crore in the previous year.

Business Highlights:

  • Segment-wise Performance:
    • Chemicals Segment: Reported a revenue of Rs 5,030 crore in FY26 compared to Rs 4,774 crore in FY25. EBITDA for this segment increased to Rs 1,371 crore from Rs 1,185 crore in the previous year.
    • EV Products Segment: Recorded a significant jump in revenue to Rs 33 crore in FY26 from Rs 9 crore in FY25. However, it reported an EBITDA loss of Rs 80 crore for the year.
  • Dividend: The Board of Directors has recommended a final dividend of Rs 3 per equity share (300%) for the financial year ended March 31, 2026.
  • Scheme of Arrangement: The Board has approved a Composite Scheme of Arrangement involving the amalgamation of Inox Leasing and Finance Limited into the Company. The application is currently under process with the Stock Exchanges.
  • IFC Investment: During the quarter, International Finance Corporation (IFC) made an investment of Rs 430 crore in GFCL EV Products Limited (a subsidiary) via compulsorily convertible preference shares.
  • Update on Ranjitnagar Fire Incident: As of March 31, 2026, the balance of the insurance claim recognized is Rs 39 crore. The company received Rs 11 crore on April 24, 2026, as a full and final claim for loss of Property, Plant and Equipment (PPE).
  • Exceptional Items: The Group recognized an exceptional impact of Rs 20 crore in FY26 (Rs 18 crore in Standalone) related to the increase in employee benefit obligations following the consolidation of the 'New Labour Codes'.

Result PDF

Agrochemicals company PI Industries announced Q4FY26 & FY26 results

Consolidated Financial Highlights:

  • Revenue from Operations:
    • For Q4FY26, the company reported revenue of Rs 15,652 million, an increase of 13.77% QoQ from Rs 13,757 million in Q3FY26, and a decline of 12.42% YoY compared to Rs 17,871 million in Q4FY25.
    • For the full year FY26, consolidated revenue stood at Rs 67,137 million, representing a decline of 15.84% YoY from Rs 79,778 million in FY25.
  • Total Income:
    • Total income for Q4FY26 was Rs 16,408 million, up 13.75% QoQ from Rs 14,424 million in Q3FY26 and down 11.81% YoY from Rs 18,605 million in Q4FY25.
    • For the full year FY26, total income reached Rs 70,244 million compared to Rs 83,220 million in FY25.
  • Net Profit After Tax (PAT):
    • The company recorded a PAT of Rs 2,002 million in Q4FY26, a decrease of 35.69% QoQ from Rs 3,113 million in Q3FY26 and a decrease of 39.43% YoY from Rs 3,305 million in Q4FY25.
    • For the full year FY26, PAT stood at Rs 13,208 million, marking a decline of 20.44% YoY compared to Rs 16,602 million in FY25.
  • Earnings Per Share (EPS):
    • Basic EPS for Q4FY26 was Rs 13.20, compared to Rs 20.52 in Q3FY26 and Rs 21.79 in Q4FY25.
    • Annual Basic EPS for FY26 was Rs 87.06 compared to Rs 109.44 in FY25.

Standalone Financial Highlights:

  • Revenue from Operations:
    • Revenue for Q4FY26 was Rs 13,914 million, up 9.59% QoQ from Rs 12,696 million in Q3FY26 and down 15.58% YoY from Rs 16,482 million in Q4FY25.
    • Annual standalone revenue for FY26 stood at Rs 61,827 million compared to Rs 75,712 million in FY25.
  • Net Profit After Tax (PAT):
    • PAT for Q4FY26 was Rs 1,978 million, down 29.76% QoQ from Rs 2,816 million in Q3FY26 and down 48.73% YoY from Rs 3,858 million in Q4FY25.
    • Annual standalone PAT for FY26 reached Rs 14,348 million against Rs 18,665 million in FY25.
  • Total Comprehensive Income:
    • Total comprehensive income for the year FY26 was Rs 12,935 million compared to Rs 18,456 million in FY25.

Business Highlights:

  • Segment Performance (Consolidated):
    • Agro chemicals: This segment contributed Rs 64,168 million to the total revenue for FY26, down from Rs 77,650 million in FY25. Segment results (Profit before tax) for FY26 were Rs 17,975 million.
    • Pharma: This segment contributed Rs 3,005 million to the total revenue for FY26, up from Rs 2,151 million in FY25. The segment reported a loss before tax of Rs 2,744 million for the year.
  • Dividend: The Board of Directors recommended a final dividend of Rs 10/- per equity share (1000%) for FY26. Combined with the interim dividend of Rs 5/- paid earlier, the total dividend for the year is Rs 15/- per equity share of face value Re 1/- each.
  • Qualified Institutional Placement (QIP) Utilization: The company raised Rs 20,000 million through QIP in September 2020. As of FY26, the entire net proceeds of Rs 19,750 million have been fully utilized, with Rs 18,419 million invested in subsidiaries and Rs 1,331 million used for capital expenditure.
  • Exceptional Items:
    • The company recognized a provision for impairment of its investment in PI Health Sciences Limited (PIHS) amounting to Rs 1,100 million due to business losses.
    • An incremental liability of Rs 17 million was recognized in Q4FY26 (totaling Rs 223 million for FY26) due to the reassessment of employee benefit obligations following the notification of new Labour Codes.
  • Management & Personnel Changes:
    • Dr. Marco Busch was designated as Senior Management Personnel effective May 19, 2026.
    • Mr. Rajnish Sarna resigned as Joint Managing Director to focus on health recovery but will continue as a Non-Executive, Non-Independent Director effective May 19, 2026.
    • Dr. Atul Kumar Gupta was appointed as an Additional Director and Whole-time Director for a term of three years effective May 19, 2026.

Result PDF

Commodity Chemicals company Deepak Nitrite announced Q4FY26 & FY26 results

Consolidated Financial Highlights:

  • Revenue from Operations: Stood at Rs 2,120.33 crore in Q4FY26, representing a marginal decline of 2.72% YoY from Rs 2,179.69 crore in Q4FY25, but an increase of 7.36% QoQ compared to Rs 1,974.97 crore in Q3FY26. For the full year FY26, revenue was Rs 7,887.07 crore, down 4.77% YoY from Rs 8,281.93 crore in FY25.
  • Total Income: Reached Rs 2,127.19 crore in Q4FY26, a decrease of 3.42% YoY from Rs 2,202.48 crore in Q4FY25, and a growth of 7.25% QoQ from Rs 1,983.47 crore in Q3FY26. FY26 Total Income stood at Rs 7,946.94 crore versus Rs 8,365.79 crore in FY25.
  • Profit Before Tax (PBT): For Q4FY26, PBT was Rs 301.35 crore, reflecting an 8.12% YoY growth from Rs 278.71 crore in Q4FY25 and a significant 118.42% QoQ surge from Rs 137.97 crore in Q3FY26. For FY26, PBT stood at Rs 757.09 crore compared to Rs 952.75 crore in FY25.
  • Net Profit for the Period (PAT): Reported at Rs 219.83 crore in Q4FY26, an 8.56% YoY increase from Rs 202.50 crore in Q4FY25, and a 120.23% QoQ jump from Rs 99.82 crore in Q3FY26. For FY26, net profit was Rs 550.66 crore compared to Rs 697.37 crore in FY25.

Standalone Financial Highlights:

  • Revenue from Operations: Recorded at Rs 717.67 crore in Q4FY26, increasing 9.66% YoY from Rs 654.47 crore in Q4FY25, and rising 3.47% QoQ from Rs 693.59 crore in Q3FY26. For FY26, revenue stood at Rs 2,639.46 crore, up 4.47% YoY from Rs 2,526.47 crore in FY25.
  • Total Income: Reached Rs 726.07 crore in Q4FY26, up 7.82% YoY from Rs 673.43 crore in Q4FY25 and up 3.90% QoQ from Rs 698.79 crore in Q3FY26. FY26 total income grew by 3.16% YoY to Rs 2,760.32 crore compared to Rs 2,675.66 crore in FY25.
  • Profit Before Tax (PBT): Stood at Rs 53.43 crore for Q4FY26, down 24.04% YoY from Rs 70.34 crore in Q4FY25, but registered a steep 358.63% QoQ growth from Rs 11.65 crore in Q3FY26. For the full year FY26, PBT was Rs 225.10 crore, down from Rs 337.54 crore in FY25.
  • Net Profit After Tax: Stood at Rs 38.80 crore in Q4FY26, declining 27.97% YoY from Rs 53.87 crore in Q4FY25, but expanding significantly by 376.66% QoQ from Rs 8.14 crore in Q3FY26. For FY26, net profit stood at Rs 188.88 crore, down 31.67% YoY from Rs 276.43 crore in FY25.

Business & Segment Highlights:

  • Advanced Intermediates Segment: Revenue for Q4FY26 stood at Rs 707.70 crore, growing from Rs 653.94 crore in Q4FY25. Segment Results (PBIT) for Q4FY26 was Rs 33.57 crore versus Rs 44.88 crore in Q4FY25. For the full year FY26, segment revenue was Rs 2,553.32 crore.
  • Phenolics Segment: Reported revenue of Rs 1,429.47 crore in Q4FY26 compared to Rs 1,532.27 crore in Q4FY25. Segment Results (PBIT) for the quarter stood at Rs 286.58 crore against Rs 239.33 crore in Q4FY25. For FY26, the segment generated a total revenue of Rs 5,400.68 crore.
  • Dividend Recommendation: The Board of Directors recommended a dividend of Rs 7.5 per equity share (face value of Rs 2/- each) for the year ended March 31, 2026, amounting to Rs 102.29 crore, subject to shareholder approval.
  • Subsidiary Dividend Income: During FY26, the standalone entity received a dividend income of Rs 91.00 crore from its wholly-owned subsidiary, Deepak Phenolics Limited.
  • Government Incentive: The consolidated financial results include a government incentive income of Rs 68.41 crore for Q4FY26 and Rs 102.10 crore for the full year FY26, recognized in one of its subsidiary companies.
  • Exceptional Item (Labour Codes): The company recognized a provision of Rs 10.51 crore (Standalone) and Rs 12.84 crore (Consolidated) as an "Exceptional item" in FY26 due to an actuarial valuation assessing the impact of the newly consolidated 'New Labour Codes' by the Government of India.

Result PDF

Industrial Products company Solar Industries India announced Q4FY26 & FY26 results

Consolidated Financial Highlights:

  • Revenue from Operations for Q4FY26 stood at Rs 3,052.75 crore, marking a 40.90% YoY growth from Rs 2,166.55 crore in Q4FY25 and a 19.79% QoQ increase from Rs 2,548.32 crore in Q3FY26.
  • For the full year FY26, consolidated revenue increased by 30.47% to Rs 9,837.74 crore compared to Rs 7,540.26 crore in FY25.
  • Total Income for Q4FY26 was Rs 3,097.22 crore, registering a YoY increase of 42.53% against Rs 2,173.10 crore in Q4FY25 and a QoQ growth of 20.35% compared to Rs 2,573.39 crore in Q3FY26.
  • Annual Total Income for FY26 reached Rs 9,965.72 crore, showing a 30.94% YoY growth from Rs 7,611.09 crore in FY25.
  • Profit Before Tax (PBT) for Q4FY26 was Rs 759.03 crore, representing a 63.45% YoY growth over Rs 464.37 crore in Q4FY25 and a 19.36% QoQ increase from Rs 635.91 crore in Q3FY26.
  • Consolidated PBT for the full year FY26 stood at Rs 2,365.22 crore, up by 36.03% from Rs 1,738.74 crore in FY25.
  • Net Profit for Q4FY26 was Rs 556.03 crore, up 60.65% YoY from Rs 346.11 crore in Q4FY25 and up 19.18% QoQ from Rs 466.54 crore in Q3FY26.
  • For the full year FY26, Net Profit rose 34.84% to Rs 1,736.64 crore from Rs 1,287.93 crore in FY25.

Standalone Financial Highlights:

  • Revenue from Operations for Q4FY26 was Rs 1,573.71 crore, reflecting a 21.12% YoY increase from Rs 1,299.28 crore in Q4FY25 and a 5.42% QoQ growth from Rs 1,492.78 crore in Q3FY26.
  • Annual Standalone Revenue for FY26 stood at Rs 5,578.86 crore, a growth of 25.18% over Rs 4,456.60 crore in FY25.
  • Total Income for Q4FY26 was Rs 1,657.19 crore, compared to Rs 1,313.81 crore in Q4FY25.
  • Profit Before Tax for Q4FY26 was Rs 506.81 crore, representing a YoY growth of 66.72% from Rs 303.98 crore in Q4FY25 and a QoQ increase of 14.39% from Rs 443.05 crore in Q3FY26.
  • Standalone Net Profit for Q4FY26 stood at Rs 377.78 crore, marking a 66.40% YoY increase from Rs 227.03 crore in Q4FY25 and a 14.67% QoQ growth from Rs 329.45 crore in Q3FY26.
  • Annual Standalone Net Profit for FY26 reached Rs 1,221.70 crore, showing a 52.12% YoY growth from Rs 803.11 crore in FY25.

Business Highlights:

  • The Board of Directors has recommended a Final Dividend of Rs 11 per equity share (550% on the face value of Rs 2 each) for the financial year 2025-26, subject to shareholder approval.
  • Segment Performance: The company operates in a single reportable segment, namely 'Explosives, its accessories and related services'.
  • Solar Mining Services Pty Limited, a step-down subsidiary, completed the acquisition of controlling stake in Problast Group, South Africa, effective July 1, 2024, for a consideration of Rs 250.51 crore.
  • The company applied Ind AS 29 'Accounting for Hyperinflationary economies' for its step-down subsidiaries in Turkey, resulting in a net impact of Rs 39.50 crore and Rs 94.53 crore being debited to other expenses for the quarter and year ended March 31, 2026, respectively.
  • The company fully redeemed 150 unsecured, rated, listed, senior, redeemable, non-convertible debentures (NCDs) of face value Rs 10,00,000 each, totaling Rs 15.00 crore.
  • The company also redeemed 1,168 unsecured, rated, listed, senior, redeemable, non-convertible debentures (NCDs) of face value Rs 1,00,000 each, totaling Rs 11.67 crore.
  • The Board approved the re-appointment of Shri Milind Deshmukh as Whole-time Director designated as Executive Director for a three-year term starting July 29, 2026.
  • Smt. Reena Jha Tripathi was appointed as an Additional (Non-Executive Independent) Director for a five-year term effective May 15, 2026.

Result PDF

Fertilizers company Chambal Fertilisers & Chemicals announced Q4FY26 & FY26 results

Consolidated Financial Highlights:

  • Total Income: Consolidated total income for Q4FY26 was Rs 2,813.84 crore, representing an increase of 12.37% YoY from Rs 2,504.00 crore in Q4FY25 and a decrease of 52.41% QoQ from Rs 5,912.37 crore in Q3FY26. For the full year FY26, consolidated income stood at Rs 20,920.51 crore, up 24.07% YoY from Rs 16,861.31 crore in FY25.
  • Revenue from Operations: Revenue for Q4FY26 was Rs 2,785.03 crore, up 13.73% YoY from Rs 2,448.73 crore in Q4FY25. For the full year FY26, consolidated revenue reached Rs 20,793.66 crore compared to Rs 16,646.20 crore in FY25.
  • Profit Before Tax: Consolidated profit before tax for Q4FY26 stood at Rs 215.04 crore, reflecting a growth of 28.21% YoY from Rs 167.72 crore in Q4FY25, but a decrease of 71.99% QoQ from Rs 768.04 crore in Q3FY26. For the full year FY26, profit before tax was Rs 2,578.37 crore compared to Rs 2,451.71 crore in FY25.
  • Net Profit for the Period: The company reported a consolidated net profit of Rs 169.24 crore for Q4FY26, representing a growth of 29.87% YoY from Rs 130.31 crore in Q4FY25, and a decline of 71.14% QoQ from Rs 586.39 crore in Q3FY26. Annual consolidated profit for FY26 was Rs 1,953.27 crore, a growth of 18.42% YoY compared to Rs 1,649.39 crore in FY25.
  • Earnings Per Equity Share (EPS): Basic and diluted consolidated EPS for Q4FY26 was Rs 4.23, while for the full year FY26, it reached Rs 48.76 compared to Rs 41.17 in FY25.

Standalone Financial Highlights:

  • Total Income: For Q4FY26, the standalone total income stood at Rs 2,813.63 crore, representing a growth of 12.37% YoY compared to Rs 2,503.79 crore in Q4FY25. On a QoQ basis, it decreased by 52.41% from Rs 5,912.22 crore in Q3FY26. For the full year FY26, total income reached Rs 21,044.91 crore, up 23.79% YoY from Rs 16,999.52 crore in FY25.
  • Revenue from Operations: Standalone revenue for Q4FY26 was Rs 2,785.03 crore, up 13.73% YoY from Rs 2,448.73 crore in Q4FY25 and down 52.78% QoQ from Rs 5,898.26 crore in Q3FY26. Annual revenue for FY26 stood at Rs 20,793.66 crore compared to Rs 16,646.20 crore in FY25.
  • Profit Before Tax: The company reported a standalone profit before tax of Rs 191.17 crore in Q4FY26, an increase of 39.42% YoY from Rs 137.11 crore in Q4FY25, but a decrease of 74.38% QoQ from Rs 746.17 crore in Q3FY26. For FY26, profit before tax was Rs 2,574.69 crore against Rs 2,459.03 crore in FY25.
  • Net Profit for the Period: Standalone net profit for Q4FY26 reached Rs 145.39 crore, showing a significant growth of 45.81% YoY compared to Rs 99.71 crore in Q4FY25, while declining 74.25% QoQ from Rs 564.54 crore in Q3FY26. Annual standalone profit for FY26 was Rs 1,949.67 crore, an increase of 17.68% over FY25.
  • Earnings Per Equity Share (EPS): Basic and diluted EPS for Q4FY26 stood at Rs 3.63, compared to Rs 2.49 in Q4FY25 and Rs 14.09 in Q3FY26. For the full year FY26, EPS reached Rs 48.66 compared to Rs 41.35 in FY25.

Business Highlights:

  • Dividend Recommendation: The Board of Directors has recommended a final dividend of Rs 6.00 (i.e., 60%) per equity share of Rs 10 each for the financial year ended March 31, 2026.
  • Segment Performance (Full Year FY26 - Consolidated Revenue):
    • Own Manufactured Fertilisers: Rs 12,565.61 crore.
    • Complex Fertilisers: Rs 7,025.14 crore.
    • Crop Protection Chemicals, Speciality Nutrients and Seeds: Rs 1,202.91 crore.
  • Segment Results (Full Year FY26 - Standalone Profit before Finance Costs and Tax):
    • Own Manufactured Fertilisers: Rs 1,845.08 crore.
    • Complex Fertilisers: Rs 281.35 crore.
    • Crop Protection Chemicals, Speciality Nutrients and Seeds: Rs 283.02 crore.
  • New Labour Codes Assessment: The company estimated and recorded a past service cost towards incremental obligations aggregating Rs 30.39 crore under the 'New Labour Codes', which has been included in the employee benefits expense for the year ended March 31, 2026.
  • Urea Policy: Standalone results were prepared based on notified concession prices for urea under various policies, including New Urea Policy 2015 and New Pricing Scheme - Stage III, adjusted for input price escalations and energy norms.

Result PDF

Agrochemicals company UPL announced Q4FY26 & FY26 results

Q4FY26 Consolidated Financial Highlights:

  • Revenue from Operations for Q4FY26 stood at Rs 18,335 crore, representing a growth of 49.44% QoQ compared to Rs 12,269 crore and a growth of 17.74% YoY compared to Rs 15,573 crore.
  • Total Income for the quarter was Rs 18,513 crore, up 49.77% QoQ from Rs 12,361 crore and up 18.07% YoY from Rs 15,680 crore.
  • Profit Before Tax reached Rs 1,892 crore in Q4FY26, showing a significant increase of 181.97% QoQ from Rs 671 crore and a growth of 37.40% YoY from Rs 1,377 crore.
  • Net Profit for Q4FY26 was Rs 1,294 crore, a rise of 164.08% QoQ compared to Rs 490 crore and a growth of 19.93% YoY compared to Rs 1,079 crore.

FY26 Consolidated Financial Highlights:

  • Annual Revenue from Operations for FY26 stood at Rs 51,839 crore, reflecting a growth of 11.15% YoY compared to Rs 46,637 crore.
  • Total Income for FY26 was Rs 52,502 crore, up 11.41% YoY from Rs 47,123 crore.
  • Annual Profit Before Tax for FY26 was Rs 3,157 crore, registering a robust growth of 280.82% YoY compared to Rs 829 crore in FY25.
  • Net Profit for the full year FY26 was Rs 2,220 crore, a sharp increase of 170.73% YoY from Rs 820 crore in FY25.

Q4FY26 Standalone Financial Highlights:

  • Revenue from Operations for Q4FY26 stood at Rs 1,186 crore, a decrease of 14.68% QoQ from Rs 1,390 crore and a decline of 41.02% YoY from Rs 2,011 crore.
  • Net Profit for the quarter was Rs 359 crore, up significantly by 1,021.88% QoQ from Rs 32 crore, but down 79.36% YoY from Rs 1,739 crore.

FY26 Standalone Financial Highlights:

  • Annual Revenue from Operations for FY26 was Rs 5,748 crore, showing a growth of 7.84% YoY compared to Rs 5,330 crore.
  • Net Profit for FY26 stood at Rs 785 crore, a decline of 73.29% YoY compared to Rs 2,939 crore in FY25 (Note: FY25 profit included a substantial gain on sale of long-term investments).

Business Highlights

  • Segment-wise Performance:
    • Crop Protection: This segment generated a revenue of Rs 42,399 crore in FY26, growing 9.10% YoY from Rs 38,865 crore.
    • Seeds & Post harvest: This segment reported a revenue of Rs 6,830 crore in FY26, reflecting a robust growth of 21.42% YoY from Rs 5,625 crore.
    • Non agro: This segment contributed Rs 2,803 crore to the revenue in FY26, up 17.62% YoY from Rs 2,383 crore.
  • Dividend: The Board has recommended a dividend of 300% i.e. Rs 6 per equity share of face value Rs 2 each for FY26.
  • Rights Issue: During FY25 and FY26, the company raised a total of Rs 3,368 crore (Rs 1,668 crore in FY25 and Rs 1,700 crore in FY26) through a Rights Issue of equity shares.
  • Asset Reorganization: The Group undertook an internal reorganization to align its post-harvest solutions business (Decco) with the Seeds segment. Consequently, post-harvest has been reclassified from Crop Protection to the Seeds segment for segment reporting.
  • Scheme of Arrangement: The Board approved a Composite Scheme of Arrangement involving the amalgamation of UPL Sustainable Agri Solutions Limited into UPL Limited and the subsequent demerger of the India Crop Protection business into UPL Global Sustainable Agri Solutions Limited.

Jai Shroff, Chairman & Group CEO, UPL, said: "We are incredibly proud to report a record year of high-quality performance, successfully outperforming our guidance across metrics. Despite unprecedented macroeconomic headwinds testing global agricultural sector, our resilient market leadership has proven to be our greatest strength.

Rising global food demand makes seeds, crop protection, and bio-solutions essential. By leveraging our integrated manufacturing and innovation, we are capturing sustained growth in the agricultural ecosystem and using global stage to champion farmer resilience and sustainability.

Looking ahead, our strategic focus is absolute: Accelerating Profitable Growth. With a future-fit organization and scaled-up sustainable business streams, we are well poised to capture market opportunities and create long-term value."

Bikash Prasad, Group CFO, UPL, said: “FY26 has been a year of driving profitable growth, while significantly strengthening the financial foundation. I am pleased to share that we have outperformed our guidance on all three parameters, revenue, EBITDA and gearing - despite external geopolitical headwinds, including US tariffs, continued farm stress, and low commodity prices.

Our relentless focus on improving the trajectory of profitable growth is visible in our PBT, which is four times versus previous year and Return on Equity which is about two times versus last year, driven by operational excellence, risk management and financial discipline.

This was also a year of efficient capital management. We repaid USD 500 million of debt in March, while de-leveraging the balance sheet as well as proactively re-financing for next short-term obligation due in September to enhance liquidity profile, positioning UPL for sustained financial health.”

Result PDF

Specialty Chemicals company Pidilite Industries announced Q4FY26 & FY26 results

Consolidated Financial Highlights:

  • Net Sales for Q4FY26 stood at Rs 3,572 crore, representing a growth of 14.1% YoY compared to Rs 3,130 crore in Q4FY25.
  • For the full year FY26, consolidated Net Sales reached Rs 14,553 crore, up by 11.1% from Rs 13,094 crore in FY25.
  • EBITDA for the quarter Q4FY26 was Rs 833 crore, a significant increase of 31.6% YoY over Rs 633 crore in Q4FY25.
  • Annual EBITDA for FY26 stood at Rs 3,519 crore, reflecting a growth of 16.8% compared to Rs 3,013 crore in FY25.
  • The consolidated EBITDA margin for Q4FY26 improved to 23.3% from 20.2% in Q4FY25.
  • Profit After Tax (PAT) for Q4FY26 grew by 36.6% YoY to Rs 584 crore from Rs 428 crore.
  • For the full year FY26, Profit After Tax was Rs 2,471 crore, marking a 17.9% YoY growth from Rs 2,096 crore in FY25.

Standalone Financial Highlights:

  • Net Sales for Q4FY26 were Rs 3,272 crore, registering a growth of 15.3% YoY compared to Rs 2,839 crore in Q4FY25.
  • Annual Net Sales for FY26 reached Rs 13,437 crore, an 11.8% increase over Rs 12,023 crore in FY25.
  • EBITDA for Q4FY26 stood at Rs 766 crore, up by 31.1% YoY from Rs 584 crore.
  • For the full year FY26, Standalone EBITDA was Rs 3,300 crore, reflecting a 16.4% growth compared to Rs 2,835 crore in FY25.
  • The standalone EBITDA margin for Q4FY26 was 23.4% compared to 20.6% in the same quarter last year.
  • Profit After Tax (PAT) for Q4FY26 was Rs 547 crore, a growth of 22.8% YoY over Rs 446 crore in Q4FY25.
  • Annual Profit After Tax for FY26 reached Rs 2,384 crore, up 15.0% YoY from Rs 2,074 crore in FY25.

Business Highlights :

  • The company achieved a strong Underlying Volume Growth (UVG) of 15.3% in Q4FY26, compared to a full-year FY26 UVG of 11.8%.
  • The Board has proposed a Final Dividend of Rs 11.5 per share for the financial year ended 31st March, 2026.
  • Consumer & Bazaar (C&B) Segment: Standalone revenue for this segment grew by 15.9% YoY in Q4FY26 to Rs 2,561 crore, with a UVG of 15.4%. For the full year FY26, C&B revenue reached Rs 10,837 crore, a growth of 12.2%.
  • C&B segment EBIT for Q4FY26 stood at Rs 785 crore, showing a YoY growth of 34.7%.
  • Business to Business (B2B) Segment: Standalone revenue for this segment grew by 9.3% YoY in Q4FY26 to Rs 752 crore, with a UVG of 14.8%. For the full year FY26, B2B revenue was Rs 2,800 crore, up 8.1%.
  • B2B segment EBIT for Q4FY26 was Rs 146 crore, reflecting a growth of 17.2% YoY.
  • While the B2B project business maintained its growth momentum, industrial products export revenue was impacted due to the Middle East conflict.
  • Gross Margins on a standalone basis improved by approximately 100 bps over Q4 last year due to lower input costs and remained in line with Q3FY26.
  • On a consolidated basis, Gross Margins improved by approximately 160 bps compared to Q4 last year.

Sudhanshu Vats, Managing Director, Pidilite Industries Limited, said: "We have delivered strong mid-teens UVG and Revenue growth with robust expansion in margins, underscoring the strength of our brands and business model. Consumer & Bazaar segment continued to accelerate, while Business-to-Business segment made steady progress despite external challenges. Looking ahead, we are confident of our disciplined execution as we navigate the current supply side environment. We expect the momentum in domestic demand to continue as we manage the potential impact on input costs in the year ahead. Our strategic focus remains on driving consistent, profitable, volume-led growth through continued investments in innovation, brand building, and strengthening our supply chain capabilities. This balanced approach will help us sustain momentum while mitigating risks from external volatility."

Result PDF

Fertilizers company Coromandel International announced Q4FY26 & FY26 results

Consolidated Financial Highlights:

  • Total Income:
    • For Q4FY26, total income stood at Rs 6,068.16 crore, a decrease of 31.53% QoQ from Rs 8,862.64 crore in Q3FY26, and an increase of 18.65% YoY from Rs 5,114.34 crore in Q4FY25.
    • For the full year FY26, total income was Rs 31,827.45 crore, representing a growth of 30.21% compared to Rs 24,443.96 crore in FY25.
  • Revenue from Operations:
    • Revenue for Q4FY26 was Rs 6,003.66 crore, down 31.62% QoQ from Rs 8,779.45 crore, but up 20.35% YoY from Rs 4,988.39 crore.
    • Annual revenue for FY26 reached Rs 31,479.54 crore, a 30.70% increase over Rs 24,085.24 crore in FY25.
  • Net Profit After Tax:
    • Net profit for Q4FY26 was Rs 114.64 crore, a decline of 76.53% QoQ from Rs 488.47 crore, and a decrease of 80.18% YoY from Rs 578.46 crore.
    • For the full year FY26, net profit was Rs 1,898.14 crore, down 7.62% from Rs 2,054.71 crore in FY25.
  • Earnings Per Share (EPS):
    • Basic and Diluted EPS for Q4FY26 was Rs 4.75.
    • For the full year FY26, Basic EPS was Rs 66.41 and Diluted EPS was Rs 66.31.

Standalone Financial Highlights:

  • Total Income:
    • For Q4FY26, standalone total income was Rs 5,748.25 crore, down 32.67% QoQ from Rs 8,537.08 crore, and up 12.42% YoY from Rs 5,113.15 crore.
    • For the full year FY26, total income was Rs 30,881.51 crore, up 26.42% YoY from Rs 24,427.96 crore.
  • Revenue from Operations:
    • Revenue for Q4FY26 was Rs 5,660.90 crore, down 33.06% QoQ from Rs 8,457.33 crore, but up 13.38% YoY from Rs 4,992.81 crore.
    • Annual revenue for FY26 was Rs 30,530.89 crore, an increase of 26.87% compared to Rs 24,064.25 crore in FY25.
  • Net Profit After Tax:
    • Net profit for Q4FY26 stood at Rs 154.31 crore, a decrease of 70.87% QoQ from Rs 529.71 crore and a decrease of 60.32% YoY from Rs 388.90 crore.
    • For the full year FY26, net profit reached Rs 2,008.58 crore, reflecting a growth of 3.49% over Rs 1,940.90 crore in FY25.

Business Highlights

  • Segment Performance:
    • Nutrient and other allied business: Revenue for FY26 was Rs 27,726.87 crore compared to Rs 21,652.28 crore in FY25. The segment result for FY26 was Rs 2,463.86 crore.
    • Crop protection: Revenue for FY26 grew to Rs 3,968.25 crore from Rs 2,637.05 crore in FY25. The segment result for FY26 was Rs 510.81 crore.
  • Dividends: The Board of Directors recommended a final dividend of Rs 2 per equity share (200% on face value of Re 1 per equity share) for FY26.
  • Acquisition of NACL Industries Limited (NACL): The Company acquired a 53.08% stake in NACL, which became a subsidiary effective August 8, 2025. The Company later increased its stake to 53.73% through a rights offer on December 31, 2025.
  • Exceptional Items: The results for Q4FY26 include an impairment charge of Rs 125.15 crore (standalone) and Rs 70.56 crore (consolidated) related to the Drone subsidiary business due to delays in order execution.
  • Corporate Guarantee: The Company approved the issuance of a corporate guarantee up to USD 15.5 million in favor of banks for banking facilities availed by its subsidiary, Baobab Mining & Chemicals Corporation, Senegal.
  • Re-appointment of Auditors: The Board approved the re-appointment of M/s. S R Batliboi & Associates LLP as Statutory Auditors for a second term of five consecutive years.

Result PDF

Specialty Chemicals company SRF announced Q4FY26 & FY26 results

Consolidated Financial Highlights

  • Q4FY26 Revenue: The consolidated revenue of the company increased 7.05% to Rs 4,615.17 crore in Q4FY26 from Rs 4,313.34 crore in Q4FY25. On a QoQ basis, revenue increased 24.31% from Rs 3,712.53 crore in Q3FY26.
  • Q4FY26 Profit After Tax (PAT): The consolidated PAT increased 10.64% to Rs 582.02 crore in Q4FY26 compared to Rs 526.06 crore in Q4FY25. On a QoQ basis, PAT increased 34.52% from Rs 432.66 crore in Q3FY26.
  • Q4FY26 Operational EBIT: The operational Earnings before Interest and Tax (EBIT) increased 11.59% to Rs 1,010.59 crore in Q4FY26 compared to Rs 905.61 crore in Q4FY25.
  • Annual FY26 Revenue: For the full year, consolidated revenue increased 7.44% to Rs 15,786.51 crore from Rs 14,693.07 crore in FY25.
  • Annual FY26 Profit After Tax (PAT): The consolidated PAT for the full year increased 46.72% to Rs 1,835.18 crore from Rs 1,250.78 crore in FY25.
  • Annual FY26 Operational EBIT: The operational EBIT for the full year increased 28.74% to Rs 3,007.53 crore from Rs 2,336.21 crore in FY25.

Standalone Financial Highlights

  • Q4FY26 Revenue: Standalone revenue from operations increased 2.27% to Rs 3,575.70 crore in Q4FY26 from Rs 3,496.50 crore in Q4FY25. On a QoQ basis, revenue increased 21.14% from Rs 2,951.68 crore in Q3FY26.
  • Q4FY26 Profit After Tax (PAT): Standalone PAT stood at Rs 507.06 crore in Q4FY26, a slight decrease of 1.19% from Rs 513.16 crore in Q4FY25. On a QoQ basis, standalone PAT increased 10.73% from Rs 457.91 crore in Q3FY26.
  • Annual FY26 Revenue: For the full year, standalone revenue increased 6.18% to Rs 12,420.51 crore from Rs 11,697.97 crore in FY25.
  • Annual FY26 Profit After Tax (PAT): The standalone PAT for the full year increased 36.00% to Rs 1,724.63 crore from Rs 1,268.07 crore in FY25.

Business Highlights and Segment Performance

  • Chemicals Business:
    • Reported an increase of 4% in segment revenue to Rs 2,448.33 crore in Q4FY26 from Rs 2,355.31 crore in Q4FY25.
    • Operating profit increased 5% to Rs 782.65 crore in Q4FY26 over CPLY.
    • Performance was robust in the Fluorochemicals Business due to higher domestic and export volumes and realizations in HFCs.
    • The Specialty Chemicals Business delivered an improved Q4 performance over Q3, supported by cost and efficiency initiatives and a strengthened product pipeline.
  • Performance Films & Foil Business:
    • Reported a 13% increase in segment revenue to Rs 1,595.61 crore in Q4FY26 from Rs 1,412.16 crore in Q4FY25.
    • Operating profit increased 47% to Rs 153.61 crore in Q4FY26 from Rs 104.62 crore in Q4FY25.
    • Performance was driven by improved volumes and margins in BOPET and BOPP Films.
  • Technical Textiles Business:
    • Segment revenue increased 5% to Rs 482.53 crore in Q4FY26 from Rs 458.44 crore in Q4FY25.
    • Operating profit increased 63% to Rs 65.20 crore in Q4FY26 from Rs 40.10 crore in Q4FY25.
  • Other Businesses:
    • Segment revenue saw a marginal increase to Rs 88.71 crore in Q4FY26 from Rs 87.43 crore in Q4FY25.
    • Operating profit decreased 25% to Rs 9.13 crore in Q4FY26 from Rs 12.40 crore in Q4FY25.
  • Capex and Investments:
    • The Board revised the scope for the new generation Refrigerants project, with the investment now planned at approximately Rs 2,300 crore. This includes a 20,000 tons per annum HFO production facility and a new HF plant with 30,000 tons per annum capacity.
    • Approved a project to expand HFC capacity at Dahej with an investment of Rs 88 crore, aimed at increasing HFC capacity to 65,000 tons per annum.
    • Approved the indefinite deferment of the proposed BOPP Film manufacturing facility at Indore, Madhya Pradesh, which involved a capital outlay of Rs 490 crore, citing changes in the operating environment.

Commenting on the results, Chairman and Managing Director, Ashish Bharat Ram said, “It was a good quarter for the Company, particularly in the context of the volatile environment in which we are operating. Exports to the Middle East were impacted during the quarter. While we remain confident about the path ahead, the prevailing geopolitical uncertainty continues to be a key concern”.

Result PDF

Disclaimer – I ICICI Securities Ltd. ( I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is acting as a distributor to solicit bond related products. All disputes with respect to the distribution activity, would not have access to Exchange investor redressal forum or Arbitration mechanism. The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. Investments in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein mentioned are solely for informational and educational purpose.
Download App

Download Our App

Get it on google Play Store Download on the App Store
market app