GUJARAT PIPAVAV PORT LTD.

Gujarat Pipavav Port Ltd has announced the closure of its trading window from October 1, 2026, to November 6, 2026. This closure is in compliance with SEBI regulations and is in anticipation of the company's unaudited financial results for the quarter and half-year ending September 30, 2026. The specific date for the Board Meeting to approve these financial results will be communicated separately. The company's shares will be subject to this trading restriction during the specified period.

Gujarat Pipavav Port Limited (GPL) has received a Comfort Letter from Gujarat Maritime Board (GMB) regarding its proposal for the extension of its concession period. The GMB requires GPL to submit performance records and future investment/business plans within 90 days. The company will provide further updates as they are received from the GMB. This intimation is made as per SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the information is available on the company's website.

Gujarat Pipavav Port Ltd (GPL) has released its Annual Report for FY25-26, announcing a standalone net profit increase of over 25% to ₹5,004.77 million. This growth was driven by a better cargo mix and expansion in Dry Bulk, Liquid, and RoRo businesses, partially offsetting container segment challenges due to geopolitical disruptions. The company is recommending a final dividend of ₹5.00 per share, bringing the total payout for FY26 to ₹10.40 per share, the highest ever. Initiatives include a new liquid berth (USD 90 million capex, completion by Dec 2026) and an agreement with ONGC for an offshore supply base. GPL was also ranked 28th globally in the World Bank's Container Port Performance Index.

Gujarat Pipavav Port's consolidated PAT for Q1 FY27 (quarter ended 30 June 2026) came in at ₹147.90 Cr, up 41.8% YoY and 4.0% QoQ, on consolidated revenue from operations of ₹331.77 Cr (+32.5% YoY, +4.6% QoQ). The headline growth is flattered by a ₹31.63 Cr one-off: the company monetised SEIS (Service Exports from India Scheme) duty credit scrips relating to FY2015-17, booking ₹309.49 Cr face-value of scrips at their 97.15% realisable value plus a ₹6.78 Cr gain on transferring scrips recognised last quarter, all recorded as Other Operating Revenue with no offsetting cost. Stripping this out, adjusted revenue growth is ~20% YoY and adjusted PAT growth is ~19.2% YoY — still solid, but materially different from the reported +42%. Standalone PAT of ₹146.88 Cr (EPS ₹3.04) tracks the consolidated print (EPS ₹3.06) closely; the small gap is the equity-method share of associate Pipavav Railway Corporation (₹1.19 Cr this quarter). Net profit margin expanded to 42.6% from 38.5% a year ago (+~410bps YoY) but was essentially flat sequentially (42.65% in Q4FY26 vs 42.60% now). The margin gain is driven mostly by the SEIS gain flowing straight to the bottom line, alongside a mixed cargo book: Ro-Ro traffic surged 54.8% YoY to 65,000 units and containers grew 2.4% YoY to 1,68,000 TEUs, while liquid cargo fell sharply to 0.22 MMT from 0.41 MMT (-46% YoY) and dry bulk slipped to 0.52 MMT from 0.55 MMT. The revenue beat happened despite, not because of, the liquid-cargo segment. No formal management guidance for the quarter sits in our database, but a pre-result Street read (via Angel One, covering the July operational update) pegged EBIT growth at roughly 14% — below what it characterised as management's own 16-18% guided range — citing the liquid-cargo weakness. On an EBIT basis adjusted for the SEIS one-off, GPPL's actual growth works out to ~18.8% YoY, within/at the top of that guided range and ahead of the Street's more cautious estimate — a beat on the number the market was actually watching once the one-off is stripped out. Sequentially, the comparison flatters further: the preceding quarter (Q4FY26, PAT ₹142.20 Cr) had absorbed an ₹18.83 Cr exceptional loss from a Gujarat Maritime Board (GMB) arbitration settlement tied to a 2012 expansion approval; that matter reached final concurrence on 16 June 2026 and now awaits only execution of the settlement agreement — a resolved overhang, not a new charge, this quarter. Neither the current nor year-ago quarter carried any exceptional item, so the YoY PAT comparison itself is clean of exceptional-item noise; only the embedded SEIS revenue needed adjusting.

Gujarat Pipavav Port Ltd has announced that its Board of Directors will convene on August 12, 2026. The primary agenda for this meeting is to consider and approve the Unaudited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. Following the financial results announcement, the company has scheduled a post-earnings Analyst/Investor call for August 13, 2026, at 10:00 AM. This intimation is provided in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the information will also be available on the company's website.

Gujarat Pipavav Port Limited (GPL) has appointed Mr. Zeeshan Mukhi as its new Chief Commercial Officer (CCO). This appointment follows the resignation of Mr. Amit Bhardwaj, effective June 30, 2026. Mr. Mukhi's tenure as CCO is set to commence by mid-October 2026. He brings over 22 years of extensive experience in the Container Shipping and Logistics sectors, having held significant leadership roles at AP Moller Maersk and DP World. Mr. Mukhi holds a Post Graduate degree in Commerce and a Bachelor's in Management, complemented by executive education from IMD Lausanne and MIT Sloan.

Gujarat Pipavav Port Ltd (GPL) has released its operational data for the quarter ended June 30, 2026 (Q1 FY27). The company handled 168,000 TEUs of containers, a slight increase from 164,000 TEUs in Q1 FY26. Dry bulk volume stood at 0.52 Mn MT, down from 0.55 Mn MT year-on-year. Liquid cargo also saw a decrease to 0.22 Mn MT from 0.41 Mn MT. Ro Ro units handled increased significantly to 65,000 units from 42,000 units. Container trains handled decreased to 346 from 447, with containers handled on train also showing a dip. This data provides an early look at the company's operational performance for the first quarter of the fiscal year.

Gujarat Pipavav Port Ltd has approved the appointment of Mrs. Harjeet Kaur Joshi as a Non-Executive Independent Director for a five-year term commencing July 1, 2026. This appointment is subject to shareholder approval at the Annual General Meeting on September 9, 2026. Mrs. Joshi, a qualified Cost and Management Accountant and MBA in Financial Management, brings over 40 years of extensive experience in finance and leadership roles, including her tenure as Director (Finance) and Chairperson & Managing Director of Shipping Corporation of India. She will also serve as a Member of the Audit Committee.

Gujarat Pipavav Port Limited has announced the closure of its trading window from July 1, 2026, to August 14, 2026. This closure is in accordance with SEBI (Prohibition of Insider Trading) Regulations, 2018, and is related to the upcoming announcement of the company's unaudited financial results for the quarter ending June 30, 2026. The specific date for the Board Meeting to approve these financial results will be communicated separately. This measure is in place to prevent insider trading during the sensitive period leading up to the financial results disclosure.

Gujarat Pipavav Port Limited's Board of Directors approved the audited financial statements for the year ended March 31, 2026, and recommended a final dividend of ₹5.00 per equity share. The 34th Annual General Meeting (AGM) is scheduled for Wednesday, September 9, 2026, where shareholders will vote on the dividend. The record date for determining eligible members for this final dividend has been set as Wednesday, September 2, 2026. Additionally, the Board approved the appointment of Dr. Ajay Kumar, IAS, as Vice Chairman & CEO of Gujarat Maritime Board and Nominee Director, ensuring compliance with SEBI Listing Regulations.