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    Process industries

  3. •

    Chemicals: agricultural
Gujarat State Fertilizers & Chemicals Limited

Gujarat State Fertilizers & Chemicals Limited

137.35
INR
-3.80
(-2.69%)
17.37EPS
9.32P/E
64.51BMarket Cap
Nov 02Next Earn
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
135.83
133.62
153.29
132.12
115.46
213.08
195.69
191.58
227.64
139.15
140.89
239.11
274.45
309.41
Basic EPS, GAAP
8.77
10.28
10.44
10.65
11.89
12.38
2.75
11.3
22.55
31.77
14.16
14.83
16.88
17.36
Free Cash Flow per Basic Share
31.93
3.02
-11.6
16.62
-3.55
5.25
-7.77
42.52
3.56
19.62
-12.76
-7.43
-4.31
- -
Dividend per Share
1.99
1.99
2.18
2.64
2.64
2.66
2.67
1.22
2.23
2.51
9.98
3.97
4.99
- -
Book Value per Share
105.97
113.06
139.15
166.11
183.28
183.72
172.19
231.89
295.43
302.15
319.39
304.62
307.83
- -
Tangible Book Value per Share
105.75
112.83
138.91
165.93
183.18
183.64
172.15
231.85
295.4
302.1
319.33
304.51
307.73
- -
Basic Weighted Avg Shares
398
398
398
398
398
398
398
398
398
398
398
398
398
399
Sales/Revenue/Turnover
54,125
53,246
61,083
52,645
46,009
84,907
77,980
76,341
90,711
55,450
56,142
95,279
109,361
123,442
Operating Margin (%)
8.31
10.56
10.31
8.29
11.04
8.39
2.64
5.89
12.96
25.79
6.99
5.32
5.6
5.04
Depreciation Expense
1,453
1,007
1,011
1,073
1,230
1,298
1,745
1,801
1,818
1,850
1,865
1,950
2,038
2,083
Net Income, GAAP
3,494
4,095
4,160
4,245
4,738
4,931
1,096
4,501
8,986
12,659
5,640
5,911
6,728
6,928
Effective Tax Rate (%)
30.91
30.24
31.19
- -
3.9
26.28
22.19
15.86
31.68
17.94
19.89
21.83
21.86
21.43
Profit Margin (%)
6.46
7.69
6.81
8.06
10.3
5.81
1.41
5.9
9.91
22.83
10.05
6.2
6.15
5.61
Working Capital
15,585
17,529
18,592
19,128
18,631
21,087
20,983
24,662
32,251
42,923
43,976
43,482
48,329
- -
LT Debt
2,244
1,919
1,061
519
2,000
1,467
933
- -
17
15
15
7
8
- -
Total Equity
42,227
45,054
55,447
66,189
73,046
73,219
68,627
92,418
117,738
120,414
127,283
121,493
122,775
- -
Return on Invested Capital (%)
6.58
7.79
6.64
- -
6.2
6.34
1.93
4.85
7.84
9.82
2.56
3.09
3.92
- -
Return on Capital (%)
7.24
8.25
7.21
- -
6.54
6.36
2.32
5.46
8.57
10.71
4.61
4.8
5.57
- -
Return on Common Equity (%)
8.56
9.38
8.28
6.98
6.81
6.74
1.55
5.59
8.55
10.63
4.55
4.75
5.51
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
259
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
8
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
398
398
398
Market Capitalization
72,722
55,468
64,514

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
60,940
- -
Cash, Cash Equivalents & STI
- -
13,562
- -
Accounts Receivable, Net
- -
6,817
- -
Inventories
- -
18,788
- -
Total Current Liabilities
- -
12,611
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
259
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.03%
6.38%
1.06%
Free Cash Flow
-139.68%
22.18%
-42.03%
Net Income, GAAP
35.44%
20.74%
13.83%
Sales/Revenue/Turnover
11.36%
13.14%
14.78%
Total Cash Common Dividend
32.58%
71.6%
25.51%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
21,625
26,352
28,141
19,222
95,279
2026
21,844
31,874
29,411
26,327
109,361
2027
35,832
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
2.19
7.49
3.36
1.8
14.83
2026
3.48
8.13
3.97
1.3
16.88
2027
3.98
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
3.97
2026
- -
- -
- -
- -
4.99
2027
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Rajender Kumar
Full Time Employees
2,612
Sector
Process industries
Industry
Chemicals: agricultural
Address
P. O. Fertilizernagar Vadodara GU India 391750
IPO Date
Dec 16, 1994
Website
gsfclimited.com
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Business
Gujarat State Fertilizers & Chemicals Limited (GSFC) manufactures and markets fertilizers and industrial chemicals in India. The company offers a diverse portfolio of fertilizer products, including neem-coated urea, di-ammonium phosphate (DAP), ammonium sulphate (AS), ammonium phosphate sulphate (APS), complex fertilizers, water-soluble fertilizers, sulphur-based products, micro nutrients, plant growth promoters, soil conditioners, organic products, seeds, plant tissue culture and agro chemicals under brands such as Sardar; and industrial products comprising caprolactam, nylon-6 chips, melamine, methyl ethyl ketone oxime (MEK oxime), petrochemicals, industrial gases such as argon, plastics, fibres, ammonia, sulphuric acid, phosphoric acid, methanol, phenol and formaldehyde. GSFC operates manufacturing facilities in Vadodara, Fertilizernagar, Dahej and Sikka in Gujarat, primarily serving the domestic agricultural sector and industrial customers across India with exports targeting Southeast Asia and Africa. Founded in 1962 and headquartered in Vadodara, Gujarat, the company functions through two main segments--fertilizers, which contribute around 75% to total operating income, and industrial products--and maintains a wholly owned subsidiary, GSFC AgroTech Limited, incorporated in 2012. Recent developments include the appointment of Manoj Kumar Das, IAS, as Chairman effective November 1, 2025, following a change in management; record Q2 FY2026 performance with 20% revenue growth, 21% increase in fertilizer segment revenue and turnaround to profitability in industrial products; ongoing expansion projects for sulphuric acid and phosphoric acid capacities; and initiation of anti-dumping measures to protect the domestic Nylon 6 industry.