Gujarat State Fertilizers & Chemicals Limited

rs,

he Corporate Relationship Department BSE Limited lst Floor, New Trading Ring Rotunda Bldg., P.J.Towers, Dalal Street Fort, MUMBAI - 400 001 The Manager, Listing Department National Stock Exchange of Indi

15%

results for Q4 & FY 25-26 today. Key highlights are as under:  Operating Revenue increased by 15% from Rs. 9,429 Cr. in FY 2024-25 to Rs. 10,827 Cr. in FY 2025-26.  Operating EBITDA surged 24%

Rs. 9,429

for Q4 & FY 25-26 today. Key highlights are as under:  Operating Revenue increased by 15% from Rs. 9,429 Cr. in FY 2024-25 to Rs. 10,827 Cr. in FY 2025-26.  Operating EBITDA surged 24% YoY to Rs. 781

Rs. 10,827

ghlights are as under:  Operating Revenue increased by 15% from Rs. 9,429 Cr. in FY 2024-25 to Rs. 10,827 Cr. in FY 2025-26.  Operating EBITDA surged 24% YoY to Rs. 781 Cr.  Profit Before Tax increase

24%

15% from Rs. 9,429 Cr. in FY 2024-25 to Rs. 10,827 Cr. in FY 2025-26.  Operating EBITDA surged 24% YoY to Rs. 781 Cr.  Profit Before Tax increased by 13% YoY to Rs. 838 Cr., while Profit After

Rs. 781

. 9,429 Cr. in FY 2024-25 to Rs. 10,827 Cr. in FY 2025-26.  Operating EBITDA surged 24% YoY to Rs. 781 Cr.  Profit Before Tax increased by 13% YoY to Rs. 838 Cr., while Profit After Tax rose by 14%

13%

n FY 2025-26.  Operating EBITDA surged 24% YoY to Rs. 781 Cr.  Profit Before Tax increased by 13% YoY to Rs. 838 Cr., while Profit After Tax rose by 14% YoY to Rs. 652 Cr.  The company achieve

Rs. 838

6.  Operating EBITDA surged 24% YoY to Rs. 781 Cr.  Profit Before Tax increased by 13% YoY to Rs. 838 Cr., while Profit After Tax rose by 14% YoY to Rs. 652 Cr.  The company achieved its highest-ev

14%

781 Cr.  Profit Before Tax increased by 13% YoY to Rs. 838 Cr., while Profit After Tax rose by 14% YoY to Rs. 652 Cr.  The company achieved its highest-ever quarterly sales in Q4 25- 26 at Rs. 2

Rs. 652

Profit Before Tax increased by 13% YoY to Rs. 838 Cr., while Profit After Tax rose by 14% YoY to Rs. 652 Cr.  The company achieved its highest-ever quarterly sales in Q4 25- 26 at Rs. 2,622 Cr.  In

Rs. 2,622

y 14% YoY to Rs. 652 Cr.  The company achieved its highest-ever quarterly sales in Q4 25- 26 at Rs. 2,622 Cr.  In the Fertilizers segment, the Company recorded its highest-ever quarterly sales in Q4 20

Rs. 1,985

n the Fertilizers segment, the Company recorded its highest-ever quarterly sales in Q4 2025-26 at Rs. 1,985 Cr., registering 43% growth in sales value and 49% growth in sales volumes over Q4 24-25. The

“Ongoing Projects FY 26-27 Q1 FY 26-27 Q2 FY 27-28 FY 28-29 C - Train Modification for APS 1200 MTPD Production at Sikka Unit Phosphoric Acid (PA) and Sulphuric 198 KTPA PA & 594 KTPA SA Acid (SA) Project at Sikka Q4 & FY 25-26 Media Release”

“Public Shareholders 43% Promoters 38% FII 12% DII 7% GSFC Investor Presentation Q4 25-26 7 of 8 Expansion Plan on Track Ongoing Projects FY 26-27 Q1 FY 26-27 Q2 FY 27-28 FY 28-29 C - Train Modification for APS Production at Sikka Unit 1200 MTPD Phosphoric Acid (PA) and Sulphuric Acid(SA) Project at Sikka 198 KTPA PA & 594 KTPA SA The Company commissioned the following projects during FY 2025-26 : • Urea revamping Project at Rs.”

“and • 15MW Solar Power Project at Charanka at Rs.”

Ref

1

Key highlights are as under

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Effective Crisis Management

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Emphasis on export of chemicals

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Capex led Growth Plan

1

Outlook

1

Ref

1. Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations,20l5; and 2.Letter informing outcome of Board meeting, dated 22nd M:ay,2026 Further to the above-referred letter, we are enclosing media release giving highlights of the financial results, both standalone and consolidated, for the quarter and year ended 3 I 't March, 2026; and Investor Presentation for the conference call scheduled on 25tl' May,2026 at 03:30 P.M. You are requested to take note of the above. Thanking you, Yours faithfully, For Gujarat State Fertilizers & Chemicals Limited Nidhi Pillai Company Secretary & Vice President (Legal) Membership No.: A15142 E-mail: investors@gsfbltd.com Encl : As above ph. : (O) +91 _265_2242451, 2242651, 2242151, 2242641 Fax: +91-265-2240966-2240119 o Email:ho@gsfcltd.com o Website:www.gstctimited.com lsO 9001, tsO 14001, tsO 48001 & tsO 50001 Gertitied Gompany \? R..ponibta Cara, Q4 & FY 25-26 Media Release Gandhinagar, May 22, 2026 Gujarat State Fertil

Key highlights are as under

 Operating Revenue increased by 15% from Rs. 9,429 Cr. in FY 2024-25 to Rs. 10,827 Cr. in FY 2025-26.  Operating EBITDA surged 24% YoY to Rs. 781 Cr.  Profit Before Tax increased by 13% YoY to Rs. 838 Cr., while Profit After Tax rose by 14% YoY to Rs. 652 Cr.  The company achieved its highest-ever quarterly sales in Q4 25- 26 at Rs. 2,622 Cr.  In the Fertilizers segment, the Company recorded its highest-ever quarterly sales in Q4 2025-26 at Rs. 1,985 Cr., registering 43% growth in sales value and 49% growth in sales volumes over Q4 24-25. The Fertilizer segment delivered a robust performance during FY 25-26, with sales increasing by Rs. 1,196 Cr. (17%) and volumes rising by 12% from 19.88 LMT to 22.31 LMT. Urea, APS and AS were the key contributors to volume growth. However, profitability remained under pressure due to a sharp increase in prices of key raw materials, including Sulphur and Sulphuric Acid, arising from global geopolitical developments. Despite these challenges, the

Effective Crisis Management

Despite heightened geopolitical volatility and global supply chain disruptions during the quarter, the Company maintained uninterrupted operations and supply continuity through agile operational planning and dynamic optimization of product mix. Proactive pricing interventions and real-time recalibration of production strategy enabled the Company to mitigate the impact of sharp fluctuations in key raw material prices and preserve profitability across business segments.

Emphasis on export of chemicals

The Company continued to strengthen its export orientation in the Chemicals business, with strategic emphasis on higher Melamine exports. This approach remains aligned with Government of India’s ongoing trade facilitation initiatives, including recently executed and under-negotiation FTAs / CEPAs with key global economies, which are expected to enhance market access and improve long-term competitiveness of Indian chemical exports, subject to product-specific tariff outcomes.

Capex led Growth Plan

The Company continues to advance its capex plans aligned with its strategic growth roadmap. During FY 25-26, projects aggregating to Rs. 675 Cr. were capitalized. Key ongoing projects are progressing as scheduled, details of which are provided below. Ongoing Projects FY 26-27 Q1 FY 26-27 Q2 FY 27-28 FY 28-29 C - Train Modification for APS 1200 MTPD Production at Sikka Unit Phosphoric Acid (PA) and Sulphuric 198 KTPA PA & 594 KTPA SA Acid (SA) Project at Sikka Q4 & FY 25-26 Media Release

Outlook

The Fertilizer segment is expected to operate in a dynamic environment during Q1 26-27, amid continued volatility in global raw material markets arising from geopolitical developments in the Middle East. The announcement of Nutrient-Based Subsidy (NBS) rates for H1 26-27, including a 10% increase in Nitrogen, Phosphorus and Sulphur nutrient support, reflects the Government’s commitment towards ensuring adequate fertilizer availability during the upcoming Kharif season. The Company will continue to maintain a balanced approach towards optimizing sales opportunities, strategic stock placements and margin management, while remaining closely aligned with Department of Fertilizers supply objectives. Progress of the south-west monsoon and possible emergence of El-Nino conditions will remain key factors influencing demand outlook during the quarter. In the Industrial Products segment, the demand conditions are expected to remain mixed during Q1 26-27. While Caprolactam-Benzene spreads are exp