Chambal Fertilisers & Chemicals Ltd Q4 FY26 Results & Concall Highlights: Revenue, Margins & Order Book

Published 24 May 2026 | Fertilizers & Agrochemicals | Market Cap: ₹18.4K Cr

Complex Fertilizer segment expects strong growth: FY '26 revenue up 175% YoY to Rs. Complex fertilizers segment shows strong growth potential, driven by DAP, TSP, NPK volumes and balanced fertilizers adoption.

From Chambal Fertilisers & Chemicals Ltd's Q4 FY26 earnings-call transcript · updated 23 Aug 2026.

Price

₹431

Market Cap

₹18.4K Cr

P/E Ratio

9.5

How does Chambal Fertilisers & Chemicals Ltd rank in Fertilizers & Agrochemicals?

Compare Chambal Fertilisers & Chemicals Ltd against every Fertilizers & Agrochemicals company this quarter on revenue, margins and earnings-call signals.

View Fertilizers & Agrochemicals leaderboard →

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.

Full financials →

📊 Revenue & Sales Performance

→Complex Fertilizer segment expects strong growth: FY '26 revenue up 175% YoY to Rs. 7,025 crore; sales volume doubled to 12.31 lakh metric tons; expects continued volume growth linked to DAP, TSP, and NPK.
→Crop Protection Chemicals and Specialty Nutrients: Focus on product launches (14 planned for FY '27), expects growing market penetration and margins.
→Biologicals: 30% volume and 57% revenue growth in FY '26, with increased farmer adoption.
→Seed business: Expanded portfolio in wheat, maize, mustard, bajra; upcoming focus on cereals and research varieties.
→TAN plant: Targeting 75%-80% capacity utilization in first year with production of 1.6-1.7 lakh tons; strong demand expected amidst supply constraints.
→Phosphatic fertilizer manufacturing considered, but contingent on resolution of GST and pricing issues; potential overseas JV discussed.
→Specialty nutrient products (Uttam Fertilis) with Nutrien partnership forecast market of $1 billion in India in 5 years, with 10% share targeted.

📈 Profitability & Margins

→Complex fertilizers segment shows strong growth potential, driven by DAP, TSP, NPK volumes and balanced fertilizers adoption.
→Crop Protection Chemicals (CPC), Specialty Nutrients, and Biologicals expected to expand with new product launches and international collaborations (e.g., Nutrien).
→Technical ammonium nitrate (TAN) project commissioning underway; expected EBITDA margins potentially exceeding budgeted numbers.
→TAN production expected to reach 75%-80% capacity in the first year, supporting revenue growth.
→Urea segment maintains operational stability with steady EBIT margins; minor volume decline due to unscheduled shutdown.
→Continued government support and subsidy mechanism expected to stabilize cash flows despite raw material cost fluctuations.
→Strategic Capex readiness for new urea plant and other expansions positioned to support future earnings growth when government policies align.
→Overall, growth expected from diversification into specialized nutrients, enhanced fertilizer portfolio, and entry into industrial mining chemicals.

🏗️ Capital Expenditure Plans

→The company is planning a new urea plant (capacity ~1.3–1.4 million tons) with a project cost of around INR 9,500–10,000 crores. They have land, environmental clearance, water tied up, and technology discussions underway, ready to execute once government policy is clear.
→Continued investment in the Technical Ammonium Nitrate (TAN) project is underway with commissioning progressing; balance Capex of around INR 500 crores including TAN and urea projects remains.
→Routine Capex for FY '27 is estimated at INR 170–180 crores for replacement and efficiency improvements (steam turbines, CO2 compressors).
→Exploring strategic expansions beyond India, including potential JVs abroad, although some plans are delayed due to geopolitical issues.
→Engaging with international partners (e.g., Nutrien) for specialized nutrient products, targeting a $1 billion market opportunity in India within five years.
→No current buyback proposal under consideration.

💰 Fundraising & Capital Structure

- There is no explicit mention of any current or future fundraising through debt or equity in the provided transcript. - Short-term borrowings have seen some fluctuations due to cash flow mismatches but are expected to even out; no indication that this is part of a new debt raise. - The company is financially stable on a standalone basis with net cash close to zero, but generally surplus upon subsidy releases. - No proposals for a share buyback are currently on the table. - Discussions about new capital expenditures (e.g., new urea plants, TAN expansions) indicate readiness but no clear details on corresponding fundraising. - Government support and policy clarity are awaited before any large investments are finalized, which may influence future funding needs. In summary, no concrete plans for equity or debt fundraising have been disclosed at this time.

📋 Order Book & Pipeline

The provided pages from the transcript do not mention any details about the current or expected order book or pending orders for Chambal Fertilizers or related business segments. Therefore, there is no specific information available regarding order book status or pending orders in the given text. If you have any other queries or need insights based on other sections of the document, please let me know!

Key Metrics

What Chambal Fert.'s management said in earlier quarters

Others in Fertilizers & Agrochemicals this season

Indogulf Cropsci (Q4 FY26)
Successful single order in Venezuela contributing approximately INR 4 crores in revenue, indicating active export orders. Key concall takeaways from Indogulf…
Rallis India (Q4 FY26)
Crop Protection B2C business growth excluding Soil & Plant Health (SPH) will be marginally positive to low single digit; SPH segment grew robustly at 27%. Key…
Punjab Chemicals (Q4 FY26)
Overall volume growth in FY '26 was around 14%, primarily driven by new products. Key concall takeaways from Punjab Chemicals & Crop Protection Ltd's Q4 FY26…
Krishana Phoschem Ltd (Q4 FY26)
The Company has recently completed a significant capacity expansion: NPK/DAP capacity increased by 50% to 495,000 MTPA, SSP capacity at 120,000 MTPA, totaling…

Compare:vs Coromandel Inter vs F A C T vs UPL Ltd

🔎 Who's planning the most growth?

Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

See rankings →

Frequently Asked Questions

What were Chambal Fertilisers & Chemicals Ltd Q4 FY26 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?

The company is planning a new urea plant (capacity ~1.3–1.4 million tons) with a project cost of around INR 9,500–10,000 crores.

Keep Chambal Fertilisers & Chemicals Ltd on your radar — track it to get its next earnings analysis in your feed.

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.