Gujarat Narmada Valley Fertilizers and Chemicals Limited — Investor Meet, 23-05-2026: Analysts/Institutional Investor Meet/Con. Call Updates

GNFC delivered a strong Q4 and FY26. Full-year PAT surged 35% to INR 797 crore, with Q4 revenue up 11% QoQ, 7% YoY, driven by robust chemical realizations. The company declared a 210% dividend (INR 21/share). Operational highlights include supporting national diesel exhaust fluid (TGU) needs, producing over 0.21 Cr MT TGU. Challenges remain in methanol viability due to high gas prices. Strategic capex for Ammonia, Nitric Acid, and Ammonium Nitrate is on track for FY28. Coal-based CCPP expected by August '26, potentially saving INR 10-12 crore monthly. Management highlighted healthy cash flows and balance sheet for future growth.