Chambal Fertilisers & Chemicals Ltd

Q4 FY25Fertilizers & Agrochemicals

Chambal Fertilisers & Chemicals Ltd Q4 FY25 Results & Concall Highlights: Revenue, Margins & Order Book

Q4 FY25 earnings call: what management guided on revenue, margins and order book.

Price₹431

Market cap₹18.4K Cr

P/E9.5

Updated23 Aug 2026

Read4 min read

The short version

From Chambal Fertilisers & Chemicals Ltd's Q4 FY25 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

Future Growth Expectations for Chambal Fertilisers Ltd.: - Crop Protection Chemical (CPC) business expected to see robust growth, driven by a normal monsoon and inventory normalization. - CPC-SN segment has achieved 25% CAGR; plans to continue momentum with 18 new crop protection products launching in kharif and rabi. - Technical Ammonium Nitrate (TAN) project to commence commercial production by January 2026, adding ~2.4 lakh tons capacity. - Fertiliser trading portfolio (NPK) expected to grow substantially, possibly doubling in size; MOP volumes may remain stable or decline slightly. - Urea capacity utilization is at 99%; incremental capacity gains possible from energy-efficient projects and plant optimizations. - DAP imports likely to increase under new subsidy policy, potentially boosting volumes beyond last year's levels. - Overall, FY26 revenue growth anticipated from expanded product portfolio, capacity additions, and favorable government policies.

Profitability & Margins

FY '26 CAPEX of around Rs. 1,200 crore mainly towards TAN project and efficiency improvements expected to boost revenues and EBITDA (Page 10).
TAN plant commissioning targeted for January 2026 with expected ramp-up to about 70-90% capacity in FY '27 (Pages 5, 10).
Revenues from TAN at full capacity estimated using 2,40,000 tons capacity and market price around Rs. 35,000-40,000 per ton (Page 10).
Crop protection business to grow at ~23% revenue CAGR between FY '25 and FY '27, driven by new product introductions and expanded portfolio (Page 6).
Expansion in DAP and NPK trading volumes expected; NPK portfolio possibly doubling or growing 250% in FY '26 (Page 6).
Margins remain dependent on strategic purchases and market dynamics but expected to remain healthy supported by strong balance sheet and tactical sourcing (Pages 9, 7).
Focus on biologicals and innovative crop protection products to sustain growth momentum (Page 2).
Overall earnings growth expected with new capacities, product expansions, and operational efficiencies.

See what Chambal Fertilisers & Chemicals Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

FY '25 CAPEX (excluding TAN project) was around Rs. 300 crore.
FY '26 CAPEX is projected to be about Rs. 1,200 crore.
Major portion of FY '26 CAPEX (~Rs. 900 crore) is allocated to the Technical Ammonium Nitrate (TAN) project.
TAN project expected to be commissioned in January 2026, targeting 70-90% capacity utilization in FY '27.
Additional capital expenditure includes replacement, renewal, and reliability projects (~Rs. 300 crore in FY '25) which may also provide small margin improvements or capacity increases.
The company is continuously evaluating other significant capital projects (not yet disclosed) beyond TAN to drive growth.
All CAPEX is planned to be funded through internal accruals.

Top-ranked in Fertilizers & Agrochemicals

Ranked on what management guided this quarter

5x potential

1Anya Polytech &₹180 Cr

Rev 2Mar 1

2Dharmaj Crop Guard Ltd₹911 Cr

Rev 2Mar 2

3₹5.6K Cr

Rev 2Mar 3

4₹1.3K Cr

Rev 3Mar 1

5₹56.9K Cr

Rev 3Mar 3

Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

No new fundraising through debt or equity was mentioned in the transcript.
CAPEX of around Rs. 1,200 crore for FY '26 is planned to be sourced entirely from internal accruals.
The company is confident about funding its CAPEX from internal cash flows without external borrowing.
No indications of any equity issuance or fresh debt raising were discussed in the call.
The company emphasizes a strong balance sheet and negative net debt position as of March 31, 2025.

See what Chambal Fertilisers & Chemicals Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The transcript and pages provided from the Chambal Fertilisers and Chemicals Limited Q4 & FY 2025 Earnings Call do not contain any specific information related to the current or expected order book or pending orders for the company. The discussion primarily revolves around production volumes, capacities, profitability, market presence, and plans related to fertilisers, crop protection products, and capital expenditure projects without mentioning order books or pending orders. If you need detailed information about Chambal Fertilisers' order book or pending orders, it may be necessary to refer to other sections of the annual report, investor presentations, or official company disclosures beyond the provided transcript.

Chambal Fertilisers & Chemicals Ltd — Quarterly revenue & net profit

Revenue Net profit

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Reported quarterly figures (₹ Cr). Latest: revenue ₹2.8K Cr, net profit ₹169 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

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What Chambal Fertilisers & Chemicals Ltd's management said in earlier quarters

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Frequently Asked Questions

What were Chambal Fertilisers & Chemicals Ltd Q4 FY25 results?

What is Chambal Fertilisers & Chemicals Ltd share price analysis?

Chambal Fertilisers & Chemicals Ltd currently shows a neutral. The stock trades at a P/E of 9.5 with a market cap of ₹18,376 Cr. Investors should review the full earnings analysis for detailed insights.

Is Chambal Fertilisers & Chemicals Ltd planning capital expenditure?

FY '25 CAPEX (excluding TAN project) was around Rs.

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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.