ANML melt project completion by July 2027
The 163,000 MT ANML melt project is expected to be completed by July 2027, with upstream and downstream timing aligned.
GNFC / guidance tracker
Keep management guidance in view.
Gujarat Narmada Valley Fertilizers and Chemicals · forward-looking guidance across the available source record.
Research layer active
Guidance tracker
What management said would happen.
expansion
McKinsey cost savings of ~INR 200 crore annualized
McKinsey has been appointed for phase two to realize cost savings of a couple of hundred crore rupees on an annual basis, expected to flow to P&L over 12 months.
Fertilizer fixed cost and energy revision expected
Management expects favorable revision in fixed cost and energy norms for urea, which could substantially reduce fertilizer segment losses.
TDI production guidance of 67,000 MT for FY26
Management is confident of achieving 67,000 MT TDI production for the full year, with H2 covering the Q2 deficit.
CCPP project to commission by March/April 2026
The captive power plant project is expected to be commissioned by end of March or early April 2026, generating net contribution of INR 82 crore annually.
Weak Nitric Acid plant delay recoupable
The weak nitric acid project has a slight delay but critical path activities are unaffected; commissioning expected by June 2027.
Kearney cost savings partially locked
Out of INR 260-300 crore annual savings target, only INR 5-7 crore from renewable power is locked; rest under negotiation.
No major shutdown in Q4 FY26
No planned maintenance shutdown in Q4 FY26; next major annual shutdown is planned in Q2 FY27.