Board approves Rs 1030 Cr capex including new Phosphoric Acid plant
GUJALKALI · price
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GACL Q3 FY26 results: sales Rs 1008 Cr (up 0.7% YoY), EBITDA Rs 135 Cr (up 19%), PBT Rs 13 Cr. Board approved total capex of about Rs 1030 Cr: a 33,870 TPA food grade phosphoric acid plant at Dahej at Rs 560 Cr (expected annual revenue Rs 350 Cr), 4 biofuel and coal fired boilers at Vadodara and Dahej at Rs 390 Cr, and KOH capacity expansion at Vadodara at Rs 80 Cr. Renewable energy share rose to 35.7% from 29.7%.
Combined capex is around 17% of net worth, a major expansion. Q3 shows improving profits and new plants can add Rs 480 Cr annual revenue at full ramp-up.