GNFC announced a dividend of ₹18 per share (180%), an increase from ₹16.5 per share last year.
The company has a total capital expenditure plan of around ₹2,900 crore at different stages of execution and approval.
Kearney's recommendations on organizational structure, transformation, and expansion have been debated, with the company moving towards execution.
The NBS subsidy revision impacts GNFC by roughly ₹2,600 per metric ton.
The company's turnover was similar to last year, with an elongated shutdown of TDII impacting topline by approximately ₹300 crore and profits by ₹100 crore.
Q4 saw a topline of roughly ₹2,055 crore and a PBT of ₹287 crore, driven by chemical contributions.
Losses in fertilizers decreased by around ₹64 crore, while chemical volumes and profitability improved, with AN melt, technical grade urea, and aniline contributing positively.
There is a net change of roughly ₹250 crore in the overall net worth of the company.
Acetic acid sales were up 7%, AN melt sales up 9%, aniline sales up 15%, TG urea sales up 52%, CNA sales up 15%, Formic acid sales up 6.7%, and Methanol up 73%.
A planned shutdown occurred at the beginning of the current financial year for about 3 weeks, limiting volume growth possibilities.
TDI production is down by 31% overall, with TDI Dahej down by 44% due to an extended shutdown, while TDIBharuch is up by 9%.
The company expects to commission a boiler by September, with a potential impact ranging between ₹12,000 to ₹18,000 per metric ton.
Management is focused on procurement optimization, power optimization, and digital initiatives for margin improvement.
Kearney initially considered ₹15,000 crore worth of investment opportunities, with options now going up to around ₹22,000 crore for import substitutes.
Methanol plant stopped as of now because prices of gas have gone up and are not competitive in manufacturing.