GSFCNSEAugust 7, 2025

Gujarat State Fertilizers & Chemicals Limited

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Management on call
Sanjeev Kumar as Managing Director of the Company Ref.
(i) Regulation 30 (2) read with para A of part A of Schedule III of the SEBI (Listing obligation and
Key numbers — 24 extracted
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he CorPorate RelationshiP DePartment BSE Limited lst Floor, New Trading Ring Rotunda Bldg', P.J.Towers, Dalal Street Fort, MUMBAI - 400 001 7th August,2025 The Manager, Listing Department National Stock
8%
93 117 118 93 2.32 In Q1 FY 25–26, revenue remained steady YoY while EBITDA margin improved from 8% to 11%. Fertilizer EBIT rose from Rs. 86 Cr. to Rs. 137 Cr. due to higher trading (notably NPK),
11%
118 93 2.32 In Q1 FY 25–26, revenue remained steady YoY while EBITDA margin improved from 8% to 11%. Fertilizer EBIT rose from Rs. 86 Cr. to Rs. 137 Cr. due to higher trading (notably NPK), strong
Rs. 86
evenue remained steady YoY while EBITDA margin improved from 8% to 11%. Fertilizer EBIT rose from Rs. 86 Cr. to Rs. 137 Cr. due to higher trading (notably NPK), strong APS/AS sales, and improved realis
Rs. 137
d steady YoY while EBITDA margin improved from 8% to 11%. Fertilizer EBIT rose from Rs. 86 Cr. to Rs. 137 Cr. due to higher trading (notably NPK), strong APS/AS sales, and improved realisations in P&K f
73%
ably NPK), strong APS/AS sales, and improved realisations in P&K fertilizers. Urea sales declined 73% due to exclusion of Rs. 149 Cr. project-linked trial sales and stabilisation issues. Raw material
Rs. 149
ales, and improved realisations in P&K fertilizers. Urea sales declined 73% due to exclusion of Rs. 149 Cr. project-linked trial sales and stabilisation issues. Raw material trends were mixed—NG and amm
Rs. 25
le P₂O₅ and sulphur/SA acid saw sharp increases. Industrial Products segment turned profitable (Rs. 25 Cr. EBIT) on the back of stronger Ammonia and HX sales, despite lower spreads and core volumes.
15 MW
TPA 198 KTPA PA & 594 KTPA SA Following projects have been commissioned during Q1 2025-26: 1. 15 MW Solar Power Project at Charanka 2. Urea-II Revamping Project 3. Participation in GIPCL’s 75 MW So
75 MW
1. 15 MW Solar Power Project at Charanka 2. Urea-II Revamping Project 3. Participation in GIPCL’s 75 MW Solar Power Project Outlook: The southwest monsoon continues to progress at a healthy pace, sup
37.84%
FC Investor Presentation Q1 25-26 6 of 8 Share Holding Pattern as on 30.06.2025 Promotors (GSIL) 37.84% (No Change) Foreign Institutional/Portfolio Investment (FII/FPI) 11.65% (-0.18% Change) Domestic
11.65%
06.2025 Promotors (GSIL) 37.84% (No Change) Foreign Institutional/Portfolio Investment (FII/FPI) 11.65% (-0.18% Change) Domestic Institutional Investment (DII) & Others 7.34% (-0.13% Change) Indian Pu
Guidance — 7 items
Capex led Growth Plan
opening
Ongoing Projects Sulphuric Acid (SA-V) Project Phosphoric Acid (PA) and Sulphuric Acid (SA) Project at Sikka Q2 25-26 Q3 25-26 Q4 25-26 FY 26-27 FY 27-28 198 KTPA 198 KTPA PA & 594 KTPA SA Following projects have been commissioned during Q1 2025-26: 1.
Capex led Growth Plan
opening
15 MW Solar Power Project at Charanka 2.
Capex led Growth Plan
opening
Participation in GIPCL’s 75 MW Solar Power Project
Outlook
opening
Policy interventions by DoF, will play a key role in shaping strategies going forward.
Disclaimer
opening
Public Shareholders 43% Promoters 38% FII 12% DII 7% GSFC Investor Presentation Q1 25-26 7 of 8 Expansion Plan on Track Ongoing Projects FY 25-26 Q2 FY 25-26 Q3 FY 25-26 Q4 FY 26-27 FY 27-28 Sulphuric Acid (SA-V) Project 198 KTPA Phosphoric Acid (PA) and Sulphuric Acid(SA) Project at Sikka 198 KTPA PA & 594 KTPA SA Following projects have been commissioned during Q1 2025-26: 1.
Disclaimer
opening
15 MW Solar Power Project at Charanka 2.
Disclaimer
opening
Participation in GIPCL’s 75 MW Solar Power Project GSFC Investor Presentation Q1 25-26 8 of 8
Risks & concerns — 1 flagged
Q 1 FY 25-26 Results Update Media Release The Caprolactam-Benzene spread is expected to remain under pressure in Q2 FY 2025–26 due to oversupply, prolonged economic slowdown in China, and continued influx of cheaper Chinese imports, which may depress prices across the entire Nylon value chain.
Outlook
Speaking time
Capex led Growth Plan
1
Outlook
1
About GSFC
1
Disclaimer
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Opening remarks
Capex led Growth Plan
The Company continues to advance its capex plans aligned with its strategic growth roadmap. Upcoming projects are detailed below. Ongoing Projects Sulphuric Acid (SA-V) Project Phosphoric Acid (PA) and Sulphuric Acid (SA) Project at Sikka Q2 25-26 Q3 25-26 Q4 25-26 FY 26-27 FY 27-28 198 KTPA 198 KTPA PA & 594 KTPA SA Following projects have been commissioned during Q1 2025-26: 1. 15 MW Solar Power Project at Charanka 2. Urea-II Revamping Project 3. Participation in GIPCL’s 75 MW Solar Power Project
Outlook
The southwest monsoon continues to progress at a healthy pace, supporting Kharif sowing activities and creating a favourable environment for Agri-input demand during Q2 FY 2025–26. However, Indian fertilizer industry is likely to face headwinds in forthcoming quarter on account of elevated prices of key raw material such as phosphoric acid and finished fertilizers like DAP, NPK etc., which will complicate imports and production of fertilizers. It is probable that the Maximum Retail Price (MRP) of NPK fertilizers would have to be revised upwards to accommodate the escalation in input costs. Policy interventions by DoF, will play a key role in shaping strategies going forward. The company intends to adopt a balanced production and import mix of DAP and non-DAP fertilizers to optimize cost efficiency and maximize overall sales realisation in the upcoming quarter. Q 1 FY 25-26 Results Update Media Release The Caprolactam-Benzene spread is expected to remain under pressure in Q2 FY 2025–26
About GSFC
GSFC is a joint sector company promoted by Government of Gujarat. Incorporated in 1962, the company is producer of bulk and non-bulk fertilizers and chemicals. Most products are import substitutes and contribute to saving valuable foreign exchange. It pioneered the manufacturing of DAP complex fertilizer in India, is the sole producer of Melamine HX Sulphate Crystal and amongst the major producers of Caprolactam and Nylon 6 in the country.
Disclaimer
The statements in outlook describing the company’s objectives, expectations or projections, may be forward looking and it is not unlikely that the actual outcome may differ materially from that expressed, influenced by wide variety of factors affecting the business environment and the company’s operations. The company assumes no responsibility to publicly amend, modify or revise any forward-looking statements, on the basis of any subsequent developments, information or events. Gujarat State Fertilizers and Chemicals Limited Investor Presentation – Q1 FY 2025-26 Cautionary Note - Forward Looking Statement Forward Looking Statements Risks and Uncertainties Potential Factors This presentation may contain statements which reflect the management's current views and estimates and could be construed as forward looking statements. The future involves certain risks and uncertainties that could cause actual results to differ materially from the current views being expressed. Potential risks and
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