Gujarat Narmada Valley Fertilizers and Chemicals Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- ✓Attractively valued vs sector (P/E 9.1x vs industry 47.1x)
- ✓Trading below book value (P/B 0.8x)
- ✓Virtually debt-free
- ✓Regular dividends — yield 3.6%
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| SOLARINDS Solar Industries India Limited | ₹18,830 | ₹1.7L Cr | 99.6 | 27.13 | 31.5 | 36.8 | 0.17 |
| PIDILITIND Pidilite Industries Limited | ₹1,609 | ₹1.6L Cr | 64.7 | 15.18 | 23.9 | 31 | 0.05 |
| SRF SRF Limited | ₹2,818 | ₹85K Cr | 44.8 | 5.95 | 14.3 | 14.6 | 0.35 |
| LINDEINDIA Linde India Limited | ₹7,004 +0.11% | ₹61K Cr | 111 | 15.49 | 13.6 | 18.2 | 0.02 |
| COROMANDEL Coromandel International Limited | ₹2,054 +1.68% | ₹60K Cr | 30.9 | 4.12 | 16.4 | 22 | 0.11 |
| FACT Fertilizers and Chemicals Travancore Limited | ₹833 +0.26% | ₹54K Cr | 3,642 | 41 | 1.61 | 8.65 | 2.79 |
| UPL UPL Limited | ₹607 | ₹52K Cr | 27.5 | 1.48 | 5.91 | 10.2 | 0.94 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
GNFC · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 41.30% | 41.30% | 41.30% | 41.30% | 41.30% | 41.30% |
| FII | 20.11% | 19.40% | 19.18% | 16.15% | 15.41% | 15.03% |
| DII | 7.58% | 9.30% | 6.58% | 11.16% | 11.10% | 10.14% |
| Public | 31.00% | 29.99% | 32.93% | 31.38% | 32.18% | 33.53% |
Corporate Events
To consider and approve the financial results for the period ended Jun 30, 2026
Dividend - Rs 18 Per Share
Annual General Meeting
Dividend - Rs 16.50 Per Share
Buy Back
Annual General Meeting/Dividend - Rs 30 Per Share
Latest News
All news →GNFC appoints new managing director amid leadership reshuffle
*GNFC appoints new managing director amid leadership reshuffle*. The company has announced a change in its top management, with the new appointment effective immediately. The move follows a routine board reshuffle and is part of succession planning. No financial terms or strategic shifts were disclosed. 📊 *STOCKS:* GNFC | 🏢 *SECTOR:* Corporate | #MEDIUMIMPACT #ManagementChange
Nine dead in Tamil Nadu ammonia gas leak incident
*Nine dead in Tamil Nadu ammonia gas leak incident* — A gas leak at a fertilizer plant in Tamil Nadu has resulted in nine fatalities, prompting safety concerns. The incident occurred at GNFC’s facility in the state, disrupting operations temporarily. No major financial or operational impact expected for now. Regulatory scrutiny on industrial safety may increase in the region. 📊 *STOCKS:* | 🏢 *SECTOR:* Risk | #LOWIMPACT #accident
Financials
Quarterly Results
| Metric | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹2.2K Cr ▲10.6% | ₹2.0K Cr ▲1.4% | ₹2.0K Cr ▲22.9% | ₹1.6K Cr ▼22.1% | ₹2.1K Cr ▲8.2% | ₹1.9K Cr ▼0.9% | ₹1.9K Cr ▼5.1% | ₹2.0K Cr |
| Op. Profit | ₹482 Cr ▲166.3% | ₹181 Cr ▼2.2% | ₹185 Cr ▲496.8% | ₹31 Cr ▼87.1% | ₹240 Cr ▲81.8% | ₹132 Cr ▲46.7% | ₹90 Cr ▼41.2% | ₹153 Cr |
| OPM | 22.0% ▲144.4% | 9.0% ▲0.0% | 9.0% ▲350.0% | 2.0% ▼83.3% | 12.0% ▲71.4% | 7.0% ▲40.0% | 5.0% ▼37.5% | 8.0% |
| Net Profit | ₹396 Cr ▲164.0% | ₹150 Cr ▼16.2% | ₹179 Cr ▲115.7% | ₹83 Cr ▼60.7% | ₹211 Cr ▲29.4% | ₹163 Cr ▲55.2% | ₹105 Cr ▼11.0% | ₹118 Cr |
| EPS (₹) | 26.95 ▲164.0% | 10.21 ▼16.2% | 12.18 ▲115.6% | 5.65 ▼60.7% | 14.36 ▲29.5% | 11.09 ▲55.1% | 7.15 ▼11.0% | 8.03 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹7.8K Cr ▼1.5% | ₹7.9K Cr ▼0.5% | ₹7.9K Cr ▼22.5% | ₹10.2K Cr ▲18.3% | ₹8.6K Cr ▲68.5% | ₹5.1K Cr ▼0.6% | ₹5.2K Cr ▼12.4% | ₹5.9K Cr ▲1.0% | ₹5.8K Cr ▲27.2% | ₹4.6K Cr |
| Expenses | ₹6.9K Cr ▼5.3% | ₹7.3K Cr ▼2.0% | ₹7.4K Cr ▼11.0% | ₹8.3K Cr ▲33.4% | ₹6.3K Cr ▲51.7% | ₹4.1K Cr ▼10.7% | ₹4.6K Cr ▼8.0% | ₹5.0K Cr ▲13.0% | ₹4.4K Cr ▲5.1% | ₹4.2K Cr |
| Op. Profit | ₹879 Cr ▲42.9% | ₹615 Cr ▲22.5% | ₹502 Cr ▼73.3% | ₹1.9K Cr ▼21.2% | ₹2.4K Cr ▲137.7% | ₹1.0K Cr ▲85.1% | ₹542 Cr ▼38.0% | ₹874 Cr ▼37.2% | ₹1.4K Cr ▲285.6% | ₹361 Cr |
| OPM | 11.0% ▲37.5% | 8.0% ▲33.3% | 6.0% ▼66.7% | 18.0% ▼35.7% | 28.0% ▲40.0% | 20.0% ▲100.0% | 10.0% ▼33.3% | 15.0% ▼37.5% | 24.0% ▲200.0% | 8.0% |
| Other Income | ₹499 Cr ▼0.4% | ₹501 Cr ▲6.8% | ₹469 Cr ▲29.9% | ₹361 Cr ▲72.7% | ₹209 Cr ▼11.8% | ₹237 Cr ▲54.9% | ₹153 Cr ▼28.8% | ₹215 Cr ▲53.6% | ₹140 Cr ▼82.7% | ₹809 Cr |
| Interest | ₹6 Cr ▼73.9% | ₹23 Cr ▲76.9% | ₹13 Cr ▲160.0% | ₹5 Cr ▲66.7% | ₹3 Cr ▼85.0% | ₹20 Cr ▲300.0% | ₹5 Cr ▼16.7% | ₹6 Cr ▼94.0% | ₹100 Cr ▼50.7% | ₹203 Cr |
| Depreciation | ₹307 Cr ▲1.3% | ₹303 Cr ▼1.6% | ₹308 Cr ▲1.7% | ₹303 Cr ▲3.8% | ₹292 Cr ▲7.4% | ₹272 Cr ▲3.0% | ₹264 Cr ▲0.4% | ₹263 Cr ▼2.6% | ₹270 Cr ▲7.6% | ₹251 Cr |
| PBT | ₹1.1K Cr ▲34.8% | ₹790 Cr ▲21.4% | ₹651 Cr ▼66.3% | ₹1.9K Cr ▼15.9% | ₹2.3K Cr ▲142.4% | ₹948 Cr ▲123.1% | ₹425 Cr ▼48.1% | ₹819 Cr ▼29.5% | ₹1.2K Cr ▲62.5% | ₹715 Cr |
| Tax % | 25.0% ▼3.8% | 26.0% ▲0.0% | 26.0% ▲8.3% | 24.0% ▼7.7% | 26.0% ▼3.7% | 27.0% ▲258.8% | -17.0% ▼270.0% | 10.0% ▼68.8% | 32.0% ▲18.5% | 27.0% |
| Net Profit | ₹808 Cr ▲35.1% | ₹598 Cr ▲20.3% | ₹497 Cr ▼66.2% | ₹1.5K Cr ▼13.9% | ₹1.7K Cr ▲145.3% | ₹697 Cr ▲37.2% | ₹508 Cr ▼32.3% | ₹750 Cr ▼5.7% | ₹795 Cr ▲50.3% | ₹529 Cr |
| EPS (₹) | 54.99 ▲35.2% | 40.68 ▲20.2% | 33.83 ▼64.3% | 94.68 ▼14.0% | 110.05 ▲145.4% | 44.84 ▲37.2% | 32.69 ▼32.2% | 48.24 ▼5.7% | 51.15 ▲50.4% | 34.02 |
| Div Payout | 38.0% ▼13.6% | 44.0% ▼10.2% | 49.0% ▲53.1% | 32.0% ▲255.6% | 9.0% ▼50.0% | 18.0% ▲20.0% | 15.0% ▲0.0% | 15.0% ▲0.0% | 15.0% ▲0.0% | 15.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities | ||||||||||
| Equity Capital | ₹147 Cr ▲0.0% | ₹147 Cr ▲0.0% | ₹147 Cr ▼5.2% | ₹155 Cr ▲0.0% | ₹155 Cr ▲0.0% | ₹155 Cr ▲0.0% | ₹155 Cr ▲0.0% | ₹155 Cr ▲0.0% | ₹155 Cr ▲0.0% | ₹155 Cr |
| Reserves | ₹9.0K Cr ▲6.4% | ₹8.4K Cr ▲3.3% | ₹8.2K Cr ▼8.8% | ₹8.9K Cr ▲14.2% | ₹7.8K Cr ▲32.5% | ₹5.9K Cr ▲14.9% | ₹5.1K Cr ▲4.8% | ₹4.9K Cr ▲12.5% | ₹4.4K Cr ▲17.9% | ₹3.7K Cr |
| Borrowings | ₹6 Cr ▼94.3% | ₹106 Cr ▲3433.3% | ₹3 Cr ▲50.0% | ₹2 Cr ▲0.0% | ₹2 Cr ▼50.0% | ₹4 Cr ▼99.5% | ₹860 Cr ▲313.5% | ₹208 Cr ▼31.4% | ₹303 Cr ▼84.5% | ₹2.0K Cr |
| Other Liabilities | ₹2.2K Cr ▼5.4% | ₹2.4K Cr ▼1.6% | ₹2.4K Cr ▼8.0% | ₹2.6K Cr ▼5.5% | ₹2.8K Cr ▲19.1% | ₹2.3K Cr ▲2.7% | ₹2.3K Cr ▼3.3% | ₹2.3K Cr ▼3.1% | ₹2.4K Cr ▲12.6% | ₹2.1K Cr |
| Total Liabilities | ₹11.4K Cr ▲2.8% | ₹11.0K Cr ▲3.1% | ₹10.7K Cr ▼8.6% | ₹11.7K Cr ▲9.0% | ₹10.8K Cr ▲28.1% | ₹8.4K Cr ▼0.3% | ₹8.4K Cr ▲10.7% | ₹7.6K Cr ▲5.2% | ₹7.2K Cr ▼9.1% | ₹8.0K Cr |
| Assets | ||||||||||
| Fixed Assets | ₹2.9K Cr ▼6.9% | ₹3.1K Cr ▼4.4% | ₹3.2K Cr ▼4.2% | ₹3.4K Cr ▼5.5% | ₹3.6K Cr ▼3.8% | ₹3.7K Cr ▼2.4% | ₹3.8K Cr ▼3.8% | ₹4.0K Cr ▼4.9% | ₹4.2K Cr ▼6.3% | ₹4.4K Cr |
| CWIP | ₹900 Cr ▲135.6% | ₹382 Cr ▲32.2% | ₹289 Cr ▲54.5% | ₹187 Cr ▲35.5% | ₹138 Cr ▼14.3% | ₹161 Cr ▲96.3% | ₹82 Cr ▲228.0% | ₹25 Cr ▲78.6% | ₹14 Cr ▲0.0% | ₹14 Cr |
| Investments | ₹1.7K Cr ▼26.6% | ₹2.3K Cr ▼24.0% | ₹3.0K Cr ▼5.5% | ₹3.2K Cr ▲144.1% | ₹1.3K Cr ▲40.0% | ₹938 Cr ▲39.4% | ₹673 Cr ▼15.8% | ₹799 Cr ▲1.8% | ₹785 Cr ▼3.8% | ₹816 Cr |
| Other Assets | ₹5.9K Cr ▲11.7% | ₹5.3K Cr ▲26.6% | ₹4.2K Cr ▼15.9% | ₹4.9K Cr ▼13.6% | ₹5.7K Cr ▲60.2% | ₹3.6K Cr ▼7.3% | ₹3.9K Cr ▲36.4% | ₹2.8K Cr ▲24.4% | ₹2.3K Cr ▼15.4% | ₹2.7K Cr |
| Total Assets | ₹11.4K Cr ▲2.8% | ₹11.0K Cr ▲3.1% | ₹10.7K Cr ▼8.6% | ₹11.7K Cr ▲9.0% | ₹10.8K Cr ▲28.1% | ₹8.4K Cr ▼0.3% | ₹8.4K Cr ▲10.7% | ₹7.6K Cr ▲5.2% | ₹7.2K Cr ▼9.1% | ₹8.0K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹654 Cr ▲8.1% | ₹605 Cr ▲1851.6% | ₹31 Cr ▼97.7% | ₹1.4K Cr ▼30.2% | ₹2.0K Cr ▲4.4% | ₹1.9K Cr ▲558.7% | ₹286 Cr ▼59.2% | ₹701 Cr ▼61.5% | ₹1.8K Cr ▲25.9% | ₹1.4K Cr |
| Investing CF | ₹-231 Cr ▲50.4% | ₹-466 Cr ▼137.7% | ₹1.2K Cr ▲200.5% | ₹-1.2K Cr ▲35.3% | ₹-1.9K Cr ▼121.8% | ₹-856 Cr ▲5.0% | ₹-901 Cr ▼190.6% | ₹-310 Cr ▼732.7% | ₹49 Cr ▲192.5% | ₹-53 Cr |
| Financing CF | ₹-269 Cr ▼2.7% | ₹-262 Cr ▲79.5% | ₹-1.3K Cr ▼700.6% | ₹-160 Cr ▼23.1% | ₹-130 Cr ▲86.1% | ₹-934 Cr ▼271.1% | ₹546 Cr ▲395.1% | ₹-185 Cr ▲86.8% | ₹-1.4K Cr ▼30.5% | ₹-1.1K Cr |
| Net Cash Flow | ₹154 Cr ▲225.2% | ₹-123 Cr ▼778.6% | ₹-14 Cr ▲12.5% | ₹-16 Cr ▲74.2% | ₹-62 Cr ▼165.3% | ₹95 Cr ▲237.7% | ₹-69 Cr ▼133.5% | ₹206 Cr ▼56.0% | ₹468 Cr ▲46.3% | ₹320 Cr |
| Free Cash Flow | ₹108 Cr ▼29.9% | ₹154 Cr ▲170.6% | ₹-218 Cr ▼118.1% | ₹1.2K Cr ▼34.3% | ₹1.8K Cr ▲9.6% | ₹1.7K Cr ▲976.8% | ₹155 Cr ▼74.3% | ₹603 Cr ▼67.4% | ₹1.9K Cr ▲36.2% | ₹1.4K Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 30d ▲50.0% | 20d ▼31.0% | 29d ▲123.1% | 13d ▼50.0% | 26d ▼27.8% | 36d ▼64.0% | 100d ▲29.9% | 77d ▲10.0% | 70d ▼20.5% | 88d |
| Inventory Days | 92d ▼12.4% | 105d ▲11.7% | 94d ▲11.9% | 84d ▼7.7% | 91d ▼29.5% | 129d ▲3.2% | 125d ▲17.9% | 106d ▲8.2% | 98d ▼10.9% | 110d |
| Days Payable | 41d ▲2.5% | 40d ▼4.8% | 42d ▲0.0% | 42d ▼28.8% | 59d ▼6.3% | 63d ▼7.4% | 68d ▲36.0% | 50d ▼18.0% | 61d ▲7.0% | 57d |
| Cash Conv. Cycle | 81d ▼3.6% | 84d ▲3.7% | 81d ▲47.3% | 55d ▼5.2% | 58d ▼43.7% | 103d ▼34.0% | 156d ▲18.2% | 132d ▲23.4% | 107d ▼24.6% | 142d |
| Working Capital Days | 188d ▲208.2% | 61d ▲5.2% | 58d ▲26.1% | 46d ▼52.6% | 97d ▲42.6% | 68d ▼41.9% | 117d ▲53.9% | 76d ▲33.3% | 57d ▲111.1% | 27d |
| ROCE | 12.0% ▲20.0% | 10.0% ▲25.0% | 8.0% ▼65.2% | 23.0% ▼30.3% | 33.0% ▲106.3% | 16.0% ▲100.0% | 8.0% ▼50.0% | 16.0% ▼33.3% | 24.0% ▲140.0% | 10.0% |
Source: Screener.in · Lower days = better efficiency
About Gujarat Narmada Valley Fertilizers and Chemicals Limited
Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC), is a joint sector enterprise promoted by the Gujarat State Investments Limited (GSIL), a Government of Gujarat undertaking, and the Gujarat State Fertilizers & Chemicals Ltd.(GSFC). The company was set up in Bharuch in 1976 while its manufacturing and marketing operations were started in 1982. The company operates businesses mainly in the Industrial Chemicals, Fertilizers apart from the small presence of IT services. In the chemical segment, it has a product portfolio of various bulk chemicals that are used in industries for manufacturing various specialty chemicals as well as end products.
Chemicals · Chemicals & Petrochemicals