My Dear Colleagues,
The season of Onam has once again arrived, draping our lives with its colours, fragrances, and joy. The floral carpets, the festive songs, the flavour of Onasadhya, and the spirit of togetherness remind us of Kerala’s timeless traditions. Onam is more than a festival—it is a celebration of unity, equality, and prosperity, symbolizing the golden era of King Mahabali when happiness and harmony reigned supreme.
As we welcome this cherished festival, our hearts are filled with gratitude for the blessings we share as a family—both at home and here in FACT. Onam teaches us that true joy comes not from individual success, but from collective progress—when every member of the community thrives and prospers together.
I am pleased to share that, despite challenges, FACT has continued to move forward with determination. During the first quarter of the financial year 2025-26, FACT achieved a profit of ₹4.28 Crore against losses of ₹48.67 Crore during the corresponding quarter of the previous year. The Company also recorded a turnover of ₹1042.77 Crore as against ₹599.58 Crore in the same period of the previous year. Encouraged by this performance, the Board has recommended a revised final dividend of Re.0.39/- per share for the financial year 2024-25. With the continued momentum in production and marketing fronts, we look forward to sustaining this progress through the rest of the financial year.
Alongside these achievements, our Sulphuric Acid Plant team at Udyogamandal Complex achieved a record monthly production of 27,031 MT in July 2025, setting new daily records through in-house modifications and earning nomination under the Capacity Utilization category. The Sulphate Plant team delivered the highest-ever annual Ammonium Sulphate production of 2,50,578 MT, with revenue of ₹68.55 Crore, earning nomination for Technical Excellence. Our Electrical Maintenance team ensured operational continuity by replacing the 3.3kV switchboard in the 110kV substation with zero interruption.
At Cochin Division, a new 10,000 MT Ammonia Storage Tank was commissioned as part of our expansion plans, and critical replacements were completed on schedule with limited internal resources. Our engineering arms, FEDO and FEW, delivered FACT’s largest ammonia storage facility in over five decades without cost overrun, while also fabricating and supplying critical components to BPCL within stringent shutdown timelines. Further, the 1650 MTPD NP Plant at Cochin Division is progressing well and is expected to commence production by next year, strengthening our production capacity and future growth prospects.
In the sphere of transformation, our IT Department implemented the e-Office system across FACT, modernizing workflows and enhancing efficiency. The Materials Department secured a three-year agreement with SNPT, Togo, ensuring uninterrupted supply of rock phosphate. The Finance Department successfully defended FACT’s position before the Central Excise Department, leading to the withdrawal of demands worth ₹67.59 Crore. Meanwhile, our Marketing Division expanded into six new states, sold over 94,000 MT of fertilisers in these markets, recorded the highest-ever sales of organic and PM–PRANAM products, and introduced Single Super Phosphate, Di-Ammonium Phosphate, Triple Super Phosphate, into FACT’s product portfolio.
These accomplishments reflect not only operational excellence but also our culture of innovation, teamwork, and commitment to national development. Looking ahead, FACT remains steadfast in its mission to enhance production capabilities, strengthen market presence, and support the nation’s food security.
On this auspicious occasion of Onam, let us embrace the spirit of harmony, togetherness, and prosperity that this festival signifies. Just as the floral carpet is made beautiful by the coming together of many flowers, FACT’s strength lies in the unity and dedication of each one of you. With this collective spirit, I am confident we will continue to achieve new milestones and take FACT to greater heights.
May this Onam bring happiness, good health, and abundance to you and your families.
Wishing you all a Happy and Prosperous Onam!
ONAM ASHAMSAKAL TO ALL OF YOU !!!!
Udyogamandal
September 03, 2025 SC Mudgerikar
Chingam 18, 1201 Chairman & Managing Director
