Gujarat Alkalies & Chemicals Ltd Share Price – NSE  / BSE

Chemicals, Small Cap

Gujarat Alkalies & Chemicals has partnered with Clean Max Enviro Energy Solutions (CleanMax) to source hybrid renewable energy for its manufacturing operations in Gujarat.

The project will comprise of 75.90 MW of wind capacity and 84.34 MWp of solar capacity, from which hybrid renewable energy will be supplied to GACL??s Dahej and Vadodara units under the group captive structure. 100% power generated from the said facilities will be utilized by GACL.

This will support the Company??s transition toward cleaner and more sustainable industrial operations and will contribute towards our Nation??s commitment for achieving net-zero carbon emissions.

The project is being implemented across four of CleanMax??s renewable energy sites in Gujarat, Viz. Kalikanagar, Aji Dahisarda, Rajula and Ghuntu. Together, this project is expected to generate ~36.9 crore units of clean power annually. This generation is anticipated to reduce CO?? emissions by ~2,64,204 tons per year and is equivalent to the environmental benefit of planting nearly 15.27 million trees annually. The project is being executed in two phases across multiple renewable energy sites in Gujarat. Phase 1 comprises 16.50 MW of wind capacity and 21.701 MWp of solar capacity, while Phase 2 comprises 59.40 MW of wind capacity and 62.64 MWp of solar capacity.

Gujarat Alkalies and Chemicals jumped 3.48% to Rs 688 while Clean Max Enviro Energy Solutions advanced 1.49% to Rs 1140.60 on the BSE.

CleanMax to supply hybrid renewable energy from 75.90 MW wind and 84.34 MWp solar capacity to Gujarat Alkalies and Chemicals? Dahej and Vadodara manufacturing units under the group captive structure.

The project is being executed in two phases across multiple renewable energy sites in Gujarat. Phase 1 comprises 16.50 MW of wind capacity and 21.701 MWp of solar capacity, while Phase 2 comprises 59.40 MW of wind capacity and 62.64 MWp of solar capacity. Both the phases will be commissioned in in accordance with the contractual timelines as agreed between CleanMax and GACL. Once commissioned, it will supply hybrid renewable power to GACL's manufacturing units.

The project is being implemented across four of Clean Max's renewable energy sites in Gujarat, Viz. Kalikanagar, Aji Dahisarda, Rajula and Ghuntu. Together, this project is expected to generate Rs 36.9 crore units of clean power annually.

Supporting such large scale industrial decarbonisation efforts, CleanMax has established a strong presence in Gujarat. As of March 31, 2026, CleanMax has approximately 844 MW of operational renewable energy capacity in Gujarat, strengthening its ability to support leading industrial customers such as GACL in their transition to cleaner energy.

Avantika Singh, IAS, said, ''At GACL, sustainability is a central pillar of our long-term growth strategy. We are producers of chlor-alkali chemicals & manufacturing products with derivatives used across industries including textiles, paper, alumina, pharmaceuticals and water treatment. As one of India's leading chemical manufacturers, we are committed to adopting responsible and environmentally conscious practices across our operations. Our partnership with CleanMax enables us to integrate hybrid renewable energy into our power mix, strengthening energy reliability while advancing our commitment to reducing the environmental impact of our manufacturing processes.

Kuldeep Jain, founder and managing director, Clean Max Enviro Energy Solutions, said, Our partnership with GACL demonstrates how large manufacturing companies can transition to renewable energy at scale while maintaining operational reliability. This also marks the single largest group captive deal for Clean Max. Gujarat remains a key market for CleanMax given its strong industrial base and favorable renewable energy resources, and we are proud to support leading companies like GACL in their net-zero journey.

Gujarat Alkalies & Chemicals is one of the largest producers of caustic soda in India. It is a multi-product company, with a portfolio of over 36 products in the basket.

CleanMax Enviro Energy Solutions is a commercial and industrial (C&I) renewable energy provider. It specializes in delivering net zero and decarbonization solutions, including supplying renewable power and energy services and carbon credit solutions across data centers, AI and technology industries, and C&I enterprises across a range of sectors, including infrastructure, cement, steel, industrial manufacturing, FMCG, pharmaceuticals, real estate, and global capability centers.

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Net profit of Gujarat Alkalies & Chemicals rose 69.84% to Rs 14.98 crore in the quarter ended March 2026 as against Rs 8.82 crore during the previous quarter ended March 2025. Sales rose 4.63% to Rs 1125.31 crore in the quarter ended March 2026 as against Rs 1075.47 crore during the previous quarter ended March 2025.

For the full year,net loss reported to Rs 2.41 crore in the year ended March 2026 as against net loss of Rs 65.12 crore during the previous year ended March 2025. Sales rose 7.00% to Rs 4358.08 crore in the year ended March 2026 as against Rs 4072.91 crore during the previous year ended March 2025.

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The board of Gujarat Alkalies & Chemicals at its meeting held on 29 May 2026 has approved for putting up 5000 TPA (100%) High Purity Grade Hydrogen Peroxide Plant at Dahej, Gujarat at an estimated investment of Rs. 67 crore.

This will enable the Company to produce High Purity grade Hydrogen Peroxide for the niche applications in semiconductor fabrication, solar cell manufacturing, and other advanced electronics applications for which manufacturing units are being put-up in India.

The project is planned to go on stream in 18 months from the zero date (i.e. kick-off meeting with Technology Supplier). The high purity Grade Hydrogen Peroxide Plant when implemented would contribute to the annual sales revenue by approx. Rs. 42 crore. The funding for project would be from surplus internal operations and need based gap, if any, would be met from borrowings.