Mumbai: Rashtriya Chemicals and Fertilizers Limited (RCF) reported a standalone net profit of ₹81.37 crore for Q3 FY26, marking a 2.2% increase over ₹79.65 crore in the same quarter last year. The Board also approved a 10% interim dividend with a record date set for February 20, 2026. The company reported nil defaults on loans or debt securities.
Q3 FY26 Standalone Performance
- Net Profit: ₹81.37 crore (up from ₹79.65 crore YoY)
- Revenue from Operations: ₹4,236.44 crore (vs. ₹4,518.35 crore)
- Profit Before Tax (PBT): ₹118.25 crore (up from ₹104.71 crore)
- Earnings Per Share (EPS): ₹1.47 (vs. ₹1.44)
Nine-Month Performance (Apr–Dec 2025):
- Net Profit: ₹241.18 crore (up 42.7% YoY)
- Revenue: ₹12,899.60 crore
- EPS: ₹4.37 (up 42.8% YoY)
Segment-Wise Highlights (Q3 FY26)
- Fertilizers: Revenue ₹2,799.53 crore | Profit ₹96.91 crore (up 24.3%)
- Industrial Chemicals: Revenue ₹421.86 crore | Profit ₹63.38 crore
- Trading: Revenue ₹1,011.43 crore | Profit ₹49.22 crore (turned around from loss)
The Fertilizers segment continues to remain the largest contributor to revenue and profit.
Interim Dividend Announcement
The Board approved an interim dividend of Re. 1 per equity share (10% on face value ₹10).
- Record Date: February 20, 2026
- Payment Date: On or before March 13, 2026
Financial Stability and Debt Position
RCF reported a net worth of ₹4,932.99 crore with a debt-equity ratio of 0.38:1. Key credit ratings include:
- Commercial Papers: ICRA A1+ | CARE A1+
- Non-Convertible Debentures (NCDs): ICRA AA | IND AA
- Bank Lines: ICRA AA (Long Term) | CRISIL A1+ (Short Term)
The company also confirmed no default on loans, NCDs, or other debt securities and fully utilized proceeds from recent NCD issuances.
Key Operational Updates
- Subsidy Income: ₹565.79 crore recognized over NBS rates for imported DAP/TSP fertilizers.
- GTG Arbitration Dispute: Bombay High Court set aside prior award; RCF ordered ₹218.46 crore refund with interest.
- Gas Pooling Dispute: ₹80.57 crore receivable from the Department of Fertilizers; ₹123.57 crore disputed with GAIL.
- Joint Ventures: Share of profit from Talcher Fertilizers ₹0.42 crore; Urvarak Videsh share of loss ₹0.00 crore.
Consolidated Performance
- Total Income: ₹4,288.74 crore
- PBT: ₹117.83 crore
- PAT: ₹80.95 crore
- Total Comprehensive Income: ₹77.52 crore
The consolidated results include audited data from Talcher Fertilizers and reviewed data from Urvarak Videsh Ltd.
About RCF
Rashtriya Chemicals and Fertilizers Limited (RCF) is a leading government-owned chemical and fertilizer company in India, committed to supplying quality fertilizers, industrial chemicals, and allied products. With a strong focus on financial stability, operational excellence, and shareholder returns, RCF continues to play a crucial role in supporting India’s agriculture and industrial sectors.
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