Gujarat Alkalies lifts profit 32% and plans new hydrogen peroxide plant
The company reported a standalone net profit of ₹20.84 crore for FY26 and approved a ₹67 crore investment in a new Dahej facility.
— 1 earlier story on Gujarat Alkalies And Chemicals Ltd. →What's new
- Standalone net profit rose to ₹20.84 crore on revenue of ₹4,358 crore.
- The board recommended a dividend of ₹17.70 per share, unchanged from last year.
- A new 5,000 TPA high-purity hydrogen peroxide plant will cost ₹67 crore.
Why this matters
Profit growth is a positive turn, though the net margin remains thin relative to the revenue base. The new plant targets high-growth semiconductor and solar sectors, but its contribution of ₹42 crore in annual sales is a minor addition to the company's current top line.
What we're watching
- Execution timeline for the 18-month plant construction at Dahej.
- Whether the high-purity product line improves margins.
- Future dividend sustainability given the current payout level.
The full read
Gujarat Alkalies and Chemicals closed FY26 with a standalone net profit of ₹20.84 crore, a 32% increase over the ₹15.82 crore reported in the prior year. Revenue grew 7% to ₹4,358 crore. The board maintained the dividend at ₹17.70 per share. The company is expanding its footprint in the semiconductor and solar cell markets. It approved a ₹67 crore investment for a 5,000 tonne-per-annum high-purity hydrogen peroxide plant at its Dahej facility. This project is slated for completion within 18 months and is expected to add ₹42 crore to annual sales. The expansion signals a move toward specialized chemicals, but the investment is small compared to the company's existing revenue base. The next test is whether this new capacity can improve margins in a competitive chemical landscape.
Questions answered
- How did the company's financial performance change in FY26?
- Standalone net profit climbed 32% to ₹20.84 crore, while revenue grew 7% to ₹4,358 crore.
- What is the scope of the new investment approved by the board?
- The board approved a ₹67 crore investment to build a 5,000 tonne-per-annum high-purity hydrogen peroxide plant at the Dahej facility.
- When will the new plant become operational?
- The project is expected to be operational within 18 months.
- What is the expected financial impact of the new plant?
- The company expects the plant to contribute approximately ₹42 crore to annual sales once it is fully operational.
- What dividend did the company declare?
- The board recommended a dividend of ₹17.70 per share, which is the same amount paid out in the previous year.
Story so far
All notes on GUJALKALI →- 29 May 2026 · 4:03 PM IST Gujarat Alkalies lifts profit 32% and plans new hydrogen peroxide plant
- 1d ago Gujarat Alkalies posts annual loss but maintains dividend