Gujarat Fluorochemicals Limited — Q1FY27 earnings call summary

Filed 12 August 2026 · Company audio recording

Q1 FY27 chemical segment EBITDA margin improved to 29% YoY, driven by volume growth and improved product mix.
R32 refrigerant capacity expansion to commission in Q2 FY27; full utilization expected in CY27.
R134A refrigerant plant commissioning targeted by FY27-end; capacity details to be announced in coming quarters.
Oman battery project put on hold; capacity being relocated to India to leverage better market conditions and policy support.
Capex of Rs 2300 crore in battery chemicals and Rs 800 crore in chemicals planned for FY27, with CWIP capitalization of ~Rs 1200 crore by year-end.
Delay and relocation of Oman project impacts sovereign funding; alternate funding being arranged for India expansion.
FY27 revenue growth guided by 15-20% expansion in fluoropolymers, driven by new high-end product capacities.
Battery chemicals ramp-up expected from Q4 FY27, with significant scale-up in FY28-FY29.