TAN plant commissioning by April 30, 2026
The TAN project is 92% complete and on track for completion by April 30, 2026, with management expecting 75-80%+ utilization in FY27.
CHAMBALFERTILISERSANDCHE / guidance tracker
Keep management guidance in view.
Chambal Fertilisers and · forward-looking guidance across the available source record.
Research layer active
Guidance tracker
What management said would happen.
expansion
12 new CPC products and 1 specialty nutrient in FY27
Management guided for 12 new crop protection chemicals products and one specialty nutrient product to be launched in FY27.
Morocco JV P2O5 capacity expansion to 7 lakh MT by Dec 2026
The joint venture in Morocco is increasing P2O5 production capacity from 5 lakh MT to 7 lakh MT, expected by December 2026.
Sulfuric acid capacity expansion in Morocco by FY27
Sulfuric acid capacity in the Morocco JV is being increased, expected to be implemented a year ahead, in FY27.
TAN plant to achieve 75-80% capacity utilization in first year
Management expects to reach 75-80% utilization in the first year of operations, with production of ~170,000 tons over 9 months.
New urea plant capex of ₹9,500-10,000 crore for 1.3 MTPA brownfield project
Management is ready to invest ₹9,500-10,000 crore in a new urea plant, pending government policy. Land, water, and environmental clearances are in place.
FY27 capex of ~₹500 crore including TAN balance and routine spends
Total capex for FY27 estimated at ~₹500 crore, comprising ₹170-180 crore routine capex and balance for TAN project completion.
Complex fertilizer raw material coverage secured through July-August
Strategic purchases made early in the year ensure raw material availability for complex fertilizers through July-August 2026.