CHAMBLFERTChambal Fertilisers and Chemicals Ltd.
Chambal Fertilisers and Chemicals Q2 FY27 Results: Consolidated Net Profit ₹632 Crore on Total Income of ₹7,051 Crore
- Earnings
- Fertilisers and chemicals
Reviewed byRachit TripathiBlacklitt Research
Chambal Fertilisers and Chemicals (NSE: CHAMBLFERT) reported consolidated total income of ₹7,050.69 crore and consolidated net profit of ₹631.92 crore for the quarter ended 30 Sep 2026, and standalone total income of ₹7,050.52 crore and standalone net profit of ₹634.95 crore, it said in a filing on 03 Nov 2026. The board also declared an interim dividend of ₹5.00 per share.
Key highlights
Consolidated
Including its subsidiaries
- Total income: ₹7,050.69 crore, up 9.3% YoY and 39.5% QoQ
- Net profit: ₹631.92 crore, down 2.6% YoY and up 20.7% QoQ
- EPS: ₹15.77 basic, against ₹16.19 a year earlier
- Finance costs: ₹22.40 crore, against ₹0.89 crore in Q2 FY26
Standalone
The company on its own, without its subsidiaries
- Total income: ₹7,050.52 crore, up 9.3% YoY and 35.4% QoQ
- Net profit: ₹634.95 crore, up 5.5% YoY and down 9.7% QoQ
- EPS: ₹15.85 basic, against ₹15.02 a year earlier
- Other income: ₹51.06 crore, against ₹181.60 crore in Q1 FY27
Summary
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 7,050.69 | 6,453.37 | +9.3% | 5,053.96 | +39.5% | |
| Revenue from operations | 6,999.46 | 6,412.76 | +9.1% | 5,027.02 | +39.2% |
| Other income | 51.23 | 40.61 | +26.2% | 26.94 | +90.2% |
| 631.92 | 648.75 | -2.6% | 523.60 | +20.7% | |
| Profit before tax | 826.20 | 841.77 | -1.8% | 746.72 | +10.6% |
| Finance costs | 22.40 | 0.89 | n/a | 16.77 | +33.6% |
| Depreciation | 100.39 | 86.64 | +15.9% | 89.06 | +12.7% |
| Tax expense | 194.28 | 193.02 | +0.7% | 223.12 | -12.9% |
| Net profit margin | 8.96% | 10.05% | -1.09 pp | 10.36% | -1.40 pp |
| EPS, basic (₹) | 15.77 | 16.19 | -2.6% | 13.07 | +20.7% |
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Consolidated net profit fell 2.6% YoY while total income rose 9.3%. Revenue from operations rose 9.1%, and other income rose 26.2% to ₹51.23 crore. Finance costs of ₹22.40 crore are 0.3% of total income, against ₹0.89 crore a year earlier, and the statement does not give a reason for the rise.
Depreciation rose 15.9% to ₹100.39 crore. Tax expense of ₹194.28 crore is 23.5% of profit before tax of ₹826.20 crore, against 22.9% a year earlier, so the profit fall is larger than the fall in profit before tax (down 1.8%).
Against Q1 FY27, consolidated net profit rose 20.7% while total income rose 39.5%. The consolidated figures include a share of net loss from one joint venture, IMACID, of ₹3.09 crore for the quarter and ₹28.19 crore for six months.
| Particulars | Q2 FY27 | Q2 FY26 | YoY | Q1 FY27 | QoQ |
|---|---|---|---|---|---|
| 7,050.52 | 6,453.20 | +9.3% | 5,208.62 | +35.4% | |
| Revenue from operations | 6,999.46 | 6,412.76 | +9.1% | 5,027.02 | +39.2% |
| Other income | 51.06 | 40.44 | +26.3% | 181.60 | -71.9% |
| 634.95 | 601.77 | +5.5% | 703.49 | -9.7% | |
| Profit before tax | 829.22 | 794.76 | +4.3% | 926.59 | -10.5% |
| Finance costs | 22.40 | 0.89 | n/a | 16.77 | +33.6% |
| Depreciation | 100.38 | 86.64 | +15.9% | 89.06 | +12.7% |
| Tax expense | 194.27 | 192.99 | +0.7% | 223.10 | -12.9% |
| Net profit margin | 9.01% | 9.33% | -0.32 pp | 13.51% | -4.50 pp |
| EPS, basic (₹) | 15.85 | 15.02 | +5.5% | 17.56 | -9.7% |
Figures are in ₹ crore; YoY compares with Q2 FY26 and QoQ with Q1 FY27. Click Total income or Net profit to see the rows behind them.
Standalone net profit rose 5.5% YoY to ₹634.95 crore, slower than total income at 9.3%. Profit before tax rose 4.3% to ₹829.22 crore, and tax expense of ₹194.27 crore is 23.4% of it.
Other income of ₹51.06 crore is 6.2% of profit before tax, against ₹181.60 crore in Q1 FY27. Quarter on quarter, standalone net profit fell 9.7% while total income rose 35.4%.
Consolidated net profit of ₹631.92 crore is ₹3.03 crore lower than standalone net profit, and consolidated total income is ₹0.17 crore higher than standalone.
The company says the Technical Ammonium Nitrate plant at Gadepan, Kota, began commercial production with effect from 20 Aug 2026, and it is now a separate segment. The statement does not say what the plant will add to future revenue or profit.
Three subsidiaries, with total assets of ₹19.89 crore and net assets of ₹1,003.10 crore negative, were not reviewed by their auditors; management says they are not material to the group. Price Waterhouse Chartered Accountants LLP issued unmodified limited review reports on both statements.
Inference
The board declared an interim dividend of ₹5.00 per equity share of ₹10 each, 50% of face value, payable on or before 2 Dec 2026. Standalone net worth stood at ₹11,332.25 crore and the standalone debt-equity ratio at 0.15 times as at 30 Sep 2026.
Standalone current borrowings were ₹1,668.09 crore at 30 Sep 2026. The filing does not give the reason for the rise in finance costs or for the fall in other income quarter on quarter, and it does not say how the TAN plant will affect future earnings.
Filed with BSE on . Reference: Original filing (PDF)
Disclaimer:
The information available on this article is provided for education and informational purposes only. It does not constitute or provide financial, investment or trading advice and should not be construed as an endorsement of any specific stock or financial strategy in any form or manner. We do not make any representations or warranties regarding the quality, reliability, or accuracy of the information provided. This website may contain links to third-party content. We are not responsible for the content or accuracy of these external sources and do not endorse or verify the information provided by third parties. We are not liable for any decisions made or actions taken based on the information provided on this website.
