Gujarat State Fertilizers & Chemicals Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- ✓Attractively valued vs sector (P/E 9.4x vs industry 47.1x)
- ✓Trading below book value (P/B 0.5x)
- ✓Virtually debt-free
- ✓Regular dividends — yield 3.1%
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
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
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
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 | 3.0% ▼50.0% | 6.0% ▼45.5% | 11.0% ▲22.2% | 9.0% ▲125.0% | 4.0% ▼33.3% | 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% ▲75.0% | 4.0% ▼55.6% | 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]
Chemicals · Fertilizers & Agrochemicals