Risks
4 risks
Risk Intelligence
G3 policy benefit expiry uncertainty
View Risks →Chambal Fertilisers and Chemicals Ltd — Q3 FY26
Chambal Fertilisers reported a solid Q3 FY26 with standalone revenue of ₹5,898 crore (+20% YoY) and PAT of ₹565 crore (+12% YoY), driven by strong growth in complex fertilizers (revenue +81% YoY) and CPC/specialty nutrients (+33% YoY).
bullish
medium
Financial stats pending filing verification
2-Minute Summary
✦ AI-Generated from Full Transcript
Chambal Fertilisers reported a solid Q3 FY26 with standalone revenue of ₹5,898 crore (+20% YoY) and PAT of ₹565 crore (+12% YoY), driven by strong growth in complex fertilizers (revenue +81% YoY) and CPC/specialty nutrients (+33% YoY). Urea volumes were flat at 9.83 lakh MT, but the value-added segments continued to scale, with biologicals revenue up 58% YoY. The TAN project is 92% complete and on track for April 2026 commissioning, with management targeting 75-80%+ utilization in FY27. Guidance includes 12 new CPC products and one specialty nutrient for FY27, and a JV in Morocco expanding P2O5 capacity. Risks include uncertainty around G3 policy benefits post-expiry, rising input costs (sulfur, phosphoric acid) pressuring DAP margins, and potential substitution effects if NPK pricing becomes unfavorable vs DAP.
चंबल फर्टिलाइजर्स ने वित्त वर्ष 2026 की तीसरी तिमाही में अच्छा प्रदर्शन किया। कंपनी की कमाई ₹5,898 करोड़ रही, जो पिछले साल से 20% ज्यादा है। मुनाफा ₹565 करोड़ रहा, जो 12% बढ़ा। यह बढ़ोतरी जटिल उर्वरकों (81% ज्यादा) और सीपीसी/विशेष पोषक तत्वों (33% ज्यादा) की मजबूत बिक्री से हुई। यूरिया की बिक्री स्थिर रही। कंपनी का टीएएन प्रोजेक्ट 92% पूरा हो चुका है और अप्रैल 2026 तक चालू हो जाएगा। अगले साल 12 नए सीपीसी उत्पाद लाने की योजना है। जोखिमों में सरकारी योजनाओं का अनिश्चित होना और कच्चे माल की बढ़ती कीमतें शामिल हैं।
Risks4 trackedTranscriptfull text
Research workspace
Focused Modules
Transcript
Full text
Call Transcript
Full transcript text is available on this route.
Read Transcript →Quarter Snapshot
Urea sales volume
9.83 lakh MT
-0.5% YoY
Urea volumes remained broadly flat at 9.83 lakh MT vs 9.88 lakh MT in Q3 FY25.
Complex fertilizer sales volume
2.94 lakh MT
+38% YoY
Complex fertilizer volumes rose to 2.94 lakh MT from 2.13 lakh MT, driven by strong seasonal demand.
Biologicals revenue growth (9M)
58% YoY
+58% YoY
Biologicals segment revenues grew 58% YoY over 9 months, with Utam Pronam up 250%.
TAN project completion
92%
N/A
Technical ammonium nitrate project is 92% complete, with commissioning scheduled for April 30, 2026.
Fast read
Guidance and risk preview
The TAN project is 92% complete and on track for completion by April 30, 2026, with management expecting 75-80%+ utilization in FY27.
The policy benefits for the G3 urea plant expire at the end of FY26, and the government has not yet started the exercise to determine new parameter...
View Risks →