GSP Crop Science Delivers Strong Post-IPO Performance in Q4 FY26 with Revenue Crossing Rs 4 Billion Mark

Nikunj Parikh - Mumbai Bureau May 26, 2026 900 Views

GSP Crop Science has reported robust performance in the fourth quarter of FY26, with its revenue exceeding Rs 4 billion.GSP Crop Science has posted impressive results in Q4 FY26, as its revenue surpassed Rs 4 billion.

GSP Crop Science Limited's consolidated net profit for the March quarter FY26 was Rs 204.8 million, while consolidated revenue from operations came in at Rs 4.02 billion. The agrochemicals firm also announced a final dividend in its first filing of financial results since going public on the NSE and BSE, and announced key leadership changes to signal a confident growth momentum.

GSP Crop Science Limited (GSP) has successfully completed its initial financial year as a listed company with a strong performance, having raised Rs 1,000 crore through its public offering on March 24, 2026, with shares trading at Rs 320 per share on both the NSE and BSE. During the board meeting held on 26 May 2026, the Ahmedabad-based agrochemical company presented robust Q4 FY26 standalone and consolidated results.

Quarterly Numbers At A Glance

The consolidated revenue from operations stood at Rs 4.02 billion for the quarter ending March 31, 2026, which was a significant increase from Rs 3.08 billion in the same quarter of the previous year. The consolidated profit attributable to equity holders of the parent was Rs 204.8 million compared to Rs 226.6 million in Q4 FY25, which was driven by increased operating expenses amid a period of substantial business growth. The consolidated income for the quarter was Rs 4.11 billion.

Full Year Growth Story

The consolidated revenue from operations for the full year FY26 was Rs 15.17 billion, compared to Rs 12.87 billion in FY25, which represented a robust 17.8 percent increase in agrochemical sales. The annual consolidated net profit attributable to equity holders rose to Rs 978.95 million from Rs 834.4 million in FY25. The consolidated earnings per share for FY26 was Rs 24.93, up from Rs 21.38 in FY25.

Milestone IPO And Capital Deployment

The company successfully offered 75 lakh equity shares at Rs 320 per share net proceeds of Rs 2,203.17 million after issue expenses in FY26. Of the proceeds, the company used Rs 965 million to pay off outstanding loans, Rs 107.64 million for general corporate purposes, and Rs 1,130.53 million was left to be put to use.

Leadership Transitions and Governance Transitions

The company has also changed its leadership structure by re-designation of Shail Jayesh Shah from Whole-Time Director and CFO to Whole-Time Director as Executive Director, Strategy and Corporate Affairs with effect from June 1, 2026. Pranav Chitre, a highly experienced finance professional with more than 21 years of experience, was appointed as the new Chief Financial Officer from June 1, 2026. Mahajan Aibara LLP has been appointed as Internal Auditor for FY27.

Key Highlights

The net profit attributable to equity holders of the company in consolidated Q4 FY26 was Rs 204.8 million.The net profit attributable to equity holders of the company in consolidated Q4 FY26 was Rs 204.8 million.
The consolidated revenue from operations for Q4 FY26 was Rs 4.02 billion.
Full year FY26 consolidated revenue of Rs 15.17 billion, which is 17.8 percent higher than in the previous year
Annual consolidated net profit attributable to equity holders of Rs 978.95 million
The consolidated earnings per share for FY26 is Rs 24.93.
The final dividend of Re 1 per equity share of face value Rs 10 each is recommended for FY26.
Its IPO was successfully completed at Rs 320 per share, gross proceeds of Rs 2,400 million.
The total consolidated assets as on March 31, 2026 were Rs 15.47 billion.
The consolidated group comprises three subsidiaries: Rajdhani Petrochemicals, GSP Intermediates and GSP Agroquimica Do Brasil LTDA.
The cash and cash equivalents on consolidated basis increased from Rs 180.75 million to Rs 1,553.21 million.