Gujarat Ambuja Exports FY26: Profit up, 30% dividend

What the FY26 announcement covers

Gujarat Ambuja Exports Limited has reported its audited financial results for the quarter and year ended March 31, 2026. The results include both standalone numbers and consolidated numbers that factor in its wholly-owned subsidiary, Maiz Citchem Limited. Alongside the financials, the company’s Board has recommended a final dividend for FY 2025-26. The update is relevant for investors tracking earnings momentum as well as dividend consistency. It also highlights a compliance point around how dividends will be paid going forward.

Board meeting outcome and regulatory communication

The Board of Directors met on May 9, 2026 to review and approve the audited results for FY26 and the quarter ended March 31, 2026. In the same meeting, the Board recommended a final dividend of 30 percent. The company also cited Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 while communicating a summary of audited financial results and the dividend declaration to members via email on May 9, 2026. The final dividend recommendation remains subject to shareholder approval at the ensuing Annual General Meeting.

FY26 standalone performance: income and profit improve

For the financial year ended March 31, 2026, Gujarat Ambuja Exports reported total income of ₹5,835.99 crore, up from ₹4,696.28 crore in the previous year. Revenue from operations stood at ₹5,728.60 crore and other income was ₹107.39 crore. Net profit for FY26 rose to ₹304.99 crore compared with ₹250.82 crore in FY25. Profit before tax increased to ₹405.12 crore from ₹342.51 crore in the prior year. The company’s total expenses for the year were ₹5,426.90 crore, and the cost of materials consumed was ₹3,493.20 crore, described as the largest component.

FY26 consolidated performance: subsidiary included

On a consolidated basis, which includes Maiz Citchem Limited, total income for FY26 was ₹5,835.77 crore versus ₹4,695.06 crore in FY25. Consolidated net profit rose to ₹304.28 crore from ₹249.25 crore in the previous year. Consolidated profit before tax stood at ₹404.41 crore, compared with ₹340.94 crore in FY25. The company also reported consolidated basic and diluted EPS of ₹6.63 for FY26, up from ₹5.44 in FY25.

Q4 operating metric disclosed: EBITDA and margin

In its FY26 update, the company disclosed a Q4 EBITDA figure and margin. Q4 EBITDA was ₹195.00 crore (reported as ₹1.95 billion), with the EBITDA margin expanding to 13.30%. The filing excerpt shared does not provide the corresponding Q4 revenue or profit numbers alongside this operating metric. Still, the disclosure signals an improvement in operating profitability for the quarter on the metric reported.

Quarterly context from FY26: Q2 and Q3 updates

The broader FY26 narrative includes quarterly updates that show volatility in profits even as income expanded. In Q2 FY26, total income was reported at ₹1,505.87 crore, while profit after tax was ₹38.02 crore and profit before tax was ₹50.79 crore; EPS stood at ₹0.83. In Q3 FY26, total income was ₹1,516.54 crore, with profit before tax of ₹88.20 crore and net profit of ₹65.92 crore; EPS was reported at ₹1.44. The Q3 note also mentioned a 0.7% quarter-on-quarter increase in consolidated revenues and 33.0% growth on a year-on-year basis. These quarterly numbers provide context for the full-year outcome approved by the Board.

Final dividend for FY26 and payment mechanics

The Board recommended a final dividend of 30% which translates to ₹0.30 per equity share of face value ₹1 each for FY 2025-26. The dividend is subject to approval of members at the Annual General Meeting. The company stated that dividend payment will be made through electronic mode only. It referenced a SEBI Master Circular (HO/38/13/(4)2026-MIRSD-POD/I/4298/2026) dated February 6, 2026 that requires dividends to be paid electronically. Members were requested to ensure their KYC details are updated with relevant authorities for processing.

Dividend track record: FY25 and FY24 references

The information provided also includes references to earlier dividend recommendations. For FY 2024-25, the company had recommended a final dividend of 25%, or ₹0.25 per share of ₹1 each, subject to shareholder approval, as per a Board meeting outcome dated May 17, 2025. For FY 2023-24, the Board had recommended a final dividend of ₹0.35 per share of ₹1 each, amounting to ₹16.05 crore, again subject to member approval at the ensuing AGM. These points are relevant because they show the FY26 final dividend at ₹0.30 per share sits between the FY25 and FY24 per-share recommendations.

Key financial snapshot (as disclosed)

Market impact and what investors typically track next

The filing provides investors with two clear levers to evaluate: earnings growth and capital returns. On earnings, both standalone and consolidated profit rose year-on-year in FY26, alongside a jump in total income. On dividends, the recommendation of ₹0.30 per share is the concrete shareholder return item, but it remains contingent on AGM approval and completion of the electronic payment process. The company’s emphasis on electronic-only dividend payment links directly to SEBI’s master circular, making KYC readiness a practical requirement for shareholders. The next formal milestone mentioned in the disclosure is the ensuing Annual General Meeting, where shareholders vote on the final dividend.

Conclusion

Gujarat Ambuja Exports closed FY26 with higher net profit and higher total income on both standalone and consolidated bases, and also reported a Q4 EBITDA of ₹195 crore with a 13.30% margin. The Board’s recommended final dividend of 30% or ₹0.30 per share will be paid only through electronic mode, subject to shareholder approval at the AGM. Investors will now watch for the AGM outcome and the company’s follow-through on dividend processing in line with SEBI’s electronic payment requirement.