Gujarat State Fertilizers & Chemicals Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Attractively valued vs sector (P/E 9.4x vs industry 39.4x)
- Trading below book value (P/B 0.5x)
- Virtually debt-free
- Regular dividends — yield 3.1%
Concerns
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| SOLARINDS Solar Industries India Limited | ₹21,445 | ₹1.9L Cr | 97.4 | 30.9 | 32.6 | 38.1 | 0.17 |
| PIDILITIND Pidilite Industries Limited | ₹1,630 | ₹1.7L Cr | 62.6 | 15.37 | 23.9 | 31 | 0.05 |
| SRF SRF Limited | ₹2,547 | ₹75K Cr | 33.7 | 5.37 | 14.3 | 14.6 | 0.35 |
| COROMANDEL Coromandel International Limited | ₹1,914 −0.67% | ₹57K Cr | 30.6 | 4.12 | 16.4 | 22 | 0.11 |
| LINDEINDIA Linde India Limited | ₹6,494 −0.57% | ₹54K Cr | 99 | 15.49 | 13.6 | 18.2 | 0.02 |
| FACT Fertilizers and Chemicals Travancore Limited | ₹876 +11.71% | ₹52K Cr | 3,501 | 41 | 1.61 | 8.65 | 2.79 |
| FLUOROCHEM Gujarat Fluorochemicals Limited | ₹4,606 −0.35% | ₹50K Cr | 81 | 5.25 | 7.82 | 9.64 | 0.29 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
GSFC · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 37.84% | 37.84% | 37.84% | 37.84% | 37.84% | 37.84% |
| FII | 19.82% | 14.12% | 13.31% | 12.60% | 11.81% | 11.83% |
| DII | 3.65% | 4.55% | 4.90% | 5.87% | 6.06% | 7.48% |
| Public | 33.04% | 37.84% | 38.30% | 38.05% | 38.63% | 37.21% |
| Govt | 5.65% | 5.65% | 5.65% | 5.65% | 5.65% | 5.65% |
Corporate Events
To consider and approve the financial results for the period ended Jun 30, 2026
Dividend - Rs 5 Per Share
Record: 8 Sept 2025
Annual General Meeting/Dividend - Rs 4 Per Share
Annual General Meeting/Dividend - Rs 10 Per Share
Latest News
All newsGSFC publishes statutory notice in newspaper
*GSFC publishes statutory notice in newspaper* as part of regulatory compliance. The filing is a routine disclosure with no financial or operational implications. Such notices are standard for listed companies. 📊 *STOCKS:* GSFC | 🏢 *SECTOR:* Chemicals | #LOWIMPACT #Statutory
GSFC to host analyst and investor meet
*GSFC to host analyst and investor meet.* The company has informed the exchange about the schedule of the upcoming investor meet. This event will provide insights into its financial and operational outlook. No material business updates were disclosed. 📊 *STOCKS:* $GSFC | 🏢 *SECTOR:* Chemicals | #LOWIMPACT #investorMeet
Financials
Quarterly Results
| Metric | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹2.6K Cr 10.5% | ₹2.9K Cr 7.7% | ₹3.2K Cr 45.9% | ₹2.2K Cr 13.6% | ₹1.9K Cr 31.7% | ₹2.8K Cr 6.8% | ₹2.6K Cr 21.8% | ₹2.2K Cr |
| Op. Profit | ₹83 Cr 53.4% | ₹178 Cr 47.2% | ₹337 Cr 74.6% | ₹193 Cr 141.3% | ₹80 Cr 49.4% | ₹158 Cr 44.4% | ₹284 Cr 158.2% | ₹110 Cr |
| OPM | 3.2% 46.7% | 6.0% 45.5% | 11.0% 22.2% | 9.0% 114.3% | 4.2% 30.0% | 6.0% 45.5% | 11.0% 120.0% | 5.0% |
| Net Profit | ₹52 Cr 67.1% | ₹158 Cr 51.2% | ₹324 Cr 133.1% | ₹139 Cr 93.1% | ₹72 Cr 46.3% | ₹134 Cr 55.0% | ₹298 Cr 242.5% | ₹87 Cr |
| EPS (₹) | 1.31 67.0% | 3.97 51.2% | 8.13 133.6% | 3.48 93.3% | 1.8 46.4% | 3.36 55.1% | 7.48 241.6% | 2.19 |
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 | ₹10.9K Cr 14.8% | ₹9.5K Cr 4.1% | ₹9.2K Cr 19.5% | ₹11.4K Cr 25.1% | ₹9.1K Cr 19.0% | ₹7.6K Cr 2.1% | ₹7.8K Cr 8.2% | ₹8.5K Cr 35.5% | ₹6.3K Cr 19.0% | ₹5.3K Cr |
| Expenses | ₹10.2K Cr 14.1% | ₹8.9K Cr 3.0% | ₹8.6K Cr 11.7% | ₹9.8K Cr 26.0% | ₹7.8K Cr 9.9% | ₹7.1K Cr 5.5% | ₹7.5K Cr 3.4% | ₹7.7K Cr 35.8% | ₹5.7K Cr 19.4% | ₹4.8K Cr |
| Op. Profit | ₹790 Cr 24.2% | ₹636 Cr 23.7% | ₹514 Cr 67.6% | ₹1.6K Cr 20.2% | ₹1.3K Cr 131.3% | ₹571 Cr 77.9% | ₹321 Cr 57.1% | ₹749 Cr 32.6% | ₹565 Cr 15.5% | ₹489 Cr |
| OPM | 7.0% 0.0% | 7.0% 16.7% | 6.0% 57.1% | 14.0% 6.7% | 15.0% 114.3% | 7.0% 70.7% | 4.1% 54.4% | 9.0% 0.0% | 9.0% 0.0% | 9.0% |
| Other Income | ₹287 Cr 11.1% | ₹323 Cr 16.1% | ₹385 Cr 153.3% | ₹152 Cr 16.9% | ₹183 Cr 0.5% | ₹184 Cr 75.2% | ₹105 Cr 1.9% | ₹107 Cr 8.1% | ₹99 Cr 62.3% | ₹61 Cr |
| Interest | ₹14 Cr 40.0% | ₹10 Cr 9.1% | ₹11 Cr 26.7% | ₹15 Cr 50.0% | ₹10 Cr 76.7% | ₹43 Cr 62.6% | ₹115 Cr 88.5% | ₹61 Cr 19.6% | ₹51 Cr 21.5% | ₹65 Cr |
| Depreciation | ₹202 Cr 5.2% | ₹192 Cr 4.9% | ₹183 Cr 0.5% | ₹182 Cr 1.7% | ₹179 Cr 1.1% | ₹177 Cr 3.5% | ₹171 Cr 35.7% | ₹126 Cr 5.9% | ₹119 Cr 14.4% | ₹104 Cr |
| PBT | ₹861 Cr 13.9% | ₹756 Cr 7.4% | ₹704 Cr 54.4% | ₹1.5K Cr 17.3% | ₹1.3K Cr 145.8% | ₹535 Cr 279.4% | ₹141 Cr 78.9% | ₹669 Cr 35.7% | ₹493 Cr 29.1% | ₹382 Cr |
| Tax % | 22.0% 0.0% | 22.0% 10.0% | 20.0% 11.1% | 18.0% 43.8% | 32.0% 100.0% | 16.0% 27.3% | 22.0% 15.4% | 26.0% 550.0% | 4.0% 136.4% | -11.0% |
| Net Profit | ₹673 Cr 13.9% | ₹591 Cr 4.8% | ₹564 Cr 55.5% | ₹1.3K Cr 40.8% | ₹899 Cr 99.8% | ₹450 Cr 309.1% | ₹110 Cr 77.7% | ₹493 Cr 4.0% | ₹474 Cr 11.8% | ₹424 Cr |
| EPS (₹) | 16.88 13.8% | 14.83 4.7% | 14.16 55.4% | 31.77 40.9% | 22.55 99.6% | 11.3 310.9% | 2.75 77.8% | 12.38 4.1% | 11.89 11.6% | 10.65 |
| Div Payout | 30.0% 11.8% | 34.0% 21.4% | 28.0% 9.7% | 31.0% 181.8% | 11.0% 42.1% | 19.0% 56.8% | 44.0% 144.4% | 18.0% 0.0% | 18.0% 14.3% | 21.0% |
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 | ₹80 Cr 0.0% | ₹80 Cr 0.0% | ₹80 Cr 0.0% | ₹80 Cr 0.0% | ₹80 Cr 0.0% | ₹80 Cr 0.0% | ₹80 Cr 0.0% | ₹80 Cr 0.0% | ₹80 Cr 0.0% | ₹80 Cr |
| Reserves | ₹12.2K Cr 1.1% | ₹12.1K Cr 4.6% | ₹12.6K Cr 5.7% | ₹12.0K Cr 2.3% | ₹11.7K Cr 27.7% | ₹9.2K Cr 35.1% | ₹6.8K Cr 6.3% | ₹7.2K Cr 0.2% | ₹7.2K Cr 10.5% | ₹6.5K Cr |
| Borrowings | ₹27 Cr 1250.0% | ₹2 Cr 60.0% | ₹5 Cr 150.0% | ₹2 Cr 66.7% | ₹6 Cr 83.8% | ₹37 Cr 97.6% | ₹1.6K Cr 45.8% | ₹1.1K Cr 2.2% | ₹1.1K Cr 35.8% | ₹805 Cr |
| Other Liabilities | ₹2.1K Cr 6.0% | ₹2.2K Cr 3.9% | ₹2.3K Cr 24.2% | ₹1.9K Cr 20.5% | ₹2.3K Cr 24.4% | ₹1.9K Cr 10.9% | ₹1.7K Cr 17.9% | ₹2.1K Cr 8.1% | ₹1.9K Cr 15.1% | ₹1.7K Cr |
| Total Liabilities | ₹14.4K Cr 0.1% | ₹14.4K Cr 4.5% | ₹15.1K Cr 8.2% | ₹13.9K Cr 1.5% | ₹14.1K Cr 26.5% | ₹11.2K Cr 10.3% | ₹10.1K Cr 3.3% | ₹10.5K Cr 1.4% | ₹10.3K Cr 13.5% | ₹9.1K Cr |
Assets | ||||||||||
| Fixed Assets | ₹3.3K Cr 33.0% | ₹2.5K Cr 1.8% | ₹2.5K Cr 1.2% | ₹2.6K Cr 3.7% | ₹2.7K Cr 4.4% | ₹2.8K Cr 3.4% | ₹2.9K Cr 2.9% | ₹2.8K Cr 33.8% | ₹2.1K Cr 4.3% | ₹2.0K Cr |
| CWIP | ₹192 Cr 72.2% | ₹690 Cr 192.4% | ₹236 Cr 18.0% | ₹200 Cr 26.6% | ₹158 Cr 35.0% | ₹117 Cr 9.3% | ₹107 Cr 42.8% | ₹187 Cr 75.5% | ₹763 Cr 179.5% | ₹273 Cr |
| Investments | ₹4.6K Cr 8.8% | ₹5.1K Cr 16.0% | ₹6.0K Cr 12.9% | ₹5.3K Cr 15.6% | ₹6.3K Cr 45.8% | ₹4.3K Cr 107.5% | ₹2.1K Cr 12.2% | ₹2.4K Cr 14.8% | ₹2.8K Cr 10.3% | ₹2.5K Cr |
| Other Assets | ₹6.3K Cr 2.3% | ₹6.1K Cr 2.1% | ₹6.3K Cr 7.8% | ₹5.8K Cr 16.6% | ₹5.0K Cr 27.1% | ₹3.9K Cr 22.2% | ₹5.0K Cr 1.0% | ₹5.1K Cr 9.1% | ₹4.7K Cr 9.1% | ₹4.3K Cr |
| Total Assets | ₹14.4K Cr 0.1% | ₹14.4K Cr 4.5% | ₹15.1K Cr 8.2% | ₹13.9K Cr 1.5% | ₹14.1K Cr 26.5% | ₹11.2K Cr 10.3% | ₹10.1K Cr 3.3% | ₹10.5K Cr 1.4% | ₹10.3K Cr 13.5% | ₹9.1K 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 | ₹136 Cr 63.9% | ₹83 Cr 131.0% | ₹-268 Cr 129.0% | ₹924 Cr 289.9% | ₹237 Cr 86.7% | ₹1.8K Cr 22387.5% | ₹-8 Cr 101.6% | ₹508 Cr 41.9% | ₹358 Cr 60.7% | ₹911 Cr |
| Investing CF | ₹-46 Cr 73.3% | ₹-172 Cr 262.3% | ₹106 Cr 371.8% | ₹-39 Cr 116.7% | ₹-18 Cr 21.7% | ₹-23 Cr 91.4% | ₹-266 Cr 5.3% | ₹-281 Cr 41.9% | ₹-484 Cr 103.4% | ₹-238 Cr |
| Financing CF | ₹-184 Cr 15.7% | ₹-159 Cr 60.5% | ₹-403 Cr 253.5% | ₹-114 Cr 9.5% | ₹-126 Cr 91.9% | ₹-1.6K Cr 683.9% | ₹267 Cr 210.3% | ₹-242 Cr 280.6% | ₹134 Cr 120.4% | ₹-656 Cr |
| Net Cash Flow | ₹-94 Cr 61.9% | ₹-247 Cr 56.4% | ₹-566 Cr 173.5% | ₹770 Cr 737.0% | ₹92 Cr 54.2% | ₹201 Cr 2971.4% | ₹-7 Cr 53.3% | ₹-15 Cr 314.3% | ₹7 Cr 58.8% | ₹17 Cr |
| Free Cash Flow | ₹-172 Cr 41.9% | ₹-296 Cr 41.7% | ₹-508 Cr 165.0% | ₹782 Cr 450.7% | ₹142 Cr 91.8% | ₹1.7K Cr 660.0% | ₹-310 Cr 248.3% | ₹209 Cr 248.2% | ₹-141 Cr 121.3% | ₹662 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 | 23d 9.5% | 21d 5.0% | 20d 25.0% | 16d 6.7% | 15d 31.8% | 22d 45.0% | 40d 14.3% | 35d 35.2% | 54d 1.8% | 55d |
| Inventory Days | 92d 3.4% | 89d 8.5% | 82d 17.1% | 70d 26.3% | 95d 26.7% | 75d 21.9% | 96d 9.4% | 106d 32.5% | 80d 2.4% | 82d |
| Days Payable | 34d 15.0% | 40d 20.0% | 50d 47.1% | 34d 38.2% | 55d 37.5% | 40d 33.3% | 30d 55.2% | 67d 11.8% | 76d 8.6% | 70d |
| Cash Conv. Cycle | 81d 17.4% | 69d 32.7% | 52d 0.0% | 52d 5.5% | 55d 3.5% | 57d 45.7% | 105d 41.9% | 74d 27.6% | 58d 13.4% | 67d |
| Working Capital Days | 154d 65.6% | 93d 10.7% | 84d 8.7% | 92d 20.7% | 116d 9.4% | 106d 10.4% | 96d 9.1% | 88d 16.2% | 105d 18.6% | 129d |
| ROCE | 7.0% 16.7% | 6.0% 0.0% | 6.0% 53.8% | 13.0% 0.0% | 13.0% 116.7% | 6.0% 100.0% | 3.0% 66.7% | 9.0% 28.6% | 7.0% 16.7% | 6.0% |
Source: Screener.in · Lower days = better efficiency
About Gujarat State Fertilizers & Chemicals Limited
Incorporated in 1962, Gujarat State Fertilizers & Chemicals Ltd is a public sector company promoted by the Government of Gujarat. It is engaged in manufacturing of various fertilizers and industrial products like plastics & synthetic rubbers and man-made fibres [1]
ChemicalsFertilizers & Agrochemicals