Gujarat Narmada Valley Fertilizers and Chemicals Limited has informed the Exchange that Board of Directors at its meeting held on May 18, 2026, recommended Final Dividend of Rs. 21 per equity share.
GNFC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
GNFC reported strong FY26 results with standalone net profit up 36% to Rs. 797 Crores from Rs. 585 Crores in FY25. EPS increased to Rs. 54.22 from Rs. 39.80. Revenue from operations was Rs. 7,773 Crores (vs Rs. 7,892 Crores in FY25). The Board recommended a final dividend of Rs. 21 per equity share of Rs. 10 face value (210% payout), subject to shareholder approval at the ensuing AGM. Chemicals segment drove performance with segment profit of Rs. 913 Crores, offsetting a loss in the Fertilizers segment. The company appointed B S R and Co. as new statutory auditors for five years. Auditors issued an unmodified opinion on the financial results.
The dividend of Rs. 21 per share represents a substantial payout, indicating strong cash generation and confidence in financial health. With the share likely trading around Rs. 300-350, this translates to a dividend yield above 3%, making it attractive for income-focused investors.