Mumbai: Rashtriya Chemicals and Fertilizers Limited, a Government of India enterprise, has reported a sharp rise in its financial performance for the quarter and year ended March 31, 2026.
The company posted a standalone net profit of ₹188.63 crore in Q4 FY26, marking a 160% year-on-year growth compared to ₹72.65 crore in the same quarter last year.
Strong Revenue Growth in Q4 FY26
RCF also recorded strong growth in operational revenue during the quarter:
- Revenue from operations: ₹5,580.57 crore (up 49.6%)
- Total income: ₹5,648.83 crore
- Profit before tax: ₹277.75 crore
- Earnings per share (EPS): ₹3.42
The strong performance was driven by higher sales and improved operational efficiency.
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Full-Year FY26 Performance Shows Sharp Profit Jump
For the full financial year FY26, the company posted significant growth across key financial indicators:
- Net profit: ₹429.81 crore (up 77.9%)
- Revenue from operations: ₹18,480.17 crore (up 9.1%)
- EPS: ₹7.79
- Total comprehensive income: ₹502.36 crore
The company also reported improved operating margins and stronger debt servicing ratios compared to the previous year.
Dividend Announcement for Shareholders
The Board of Directors has recommended a final dividend of ₹1.34 per equity share (face value ₹10) for FY26.
With the interim dividend of ₹1.00 already paid in March 2026, the total dividend for FY26 stands at ₹2.34 per share.
The dividend payout is subject to shareholder approval at the upcoming Annual General Meeting (AGM) and will be paid within 30 days of declaration.
Segment-Wise Business Performance
RCF’s business segments showed steady contribution during FY26:
- Fertilizers segment revenue: ₹10,912.08 crore
- Industrial chemicals revenue: ₹1,627.21 crore
- Trading segment revenue: ₹5,925.70 crore
- Segment profit: ₹862.46 crore
The fertilizers segment remained the primary revenue driver for the company.
Key Financial Developments and Exceptional Items
The company reported several key developments during the year:
- ₹45.10 crore exceptional gain from TDR income
- Recognition of ₹928.40 crore subsidy income on fertilizers
- ₹98.17 crore urea freight subsidy booked
- Resolution-related accounting adjustments in FRBL case without financial impact
- Legal and regulatory disputes including gas pooling and GTG matter under review
Despite these factors, the company maintained overall financial stability.
Strong Credit Profile and Financial Position
RCF maintained strong credit ratings and stable financial fundamentals:
- Long-term debt: ₹1,955.07 crore
- Net worth: over ₹5,100 crore
- Strong liquidity ratios and improved debt service coverage
- Credit ratings: AA / A1+ range across instruments
The company also successfully raised ₹995 crore through unsecured NCD issuances during FY26.
About RCF
Rashtriya Chemicals and Fertilizers Limited (Rashtriya Chemicals and Fertilizers Limited) is a leading public sector undertaking under the Government of India engaged in the production and marketing of fertilizers and industrial chemicals, playing a key role in supporting India’s agricultural sector and chemical industry.
