Gujarat Narmada Valley Fertilizers & Chemicals Limited

Gujarat Narmada Valley Fertilizers & Chemicals Limited

GNFC.NS
Gujarat Narmada Valley Fertilizers & Chemicals LimitedIN flagNational Stock Exchange of India
502.95
INR
-3.85
- -
73.90BMarket Cap
Gujarat Narmada Valley Fertilizers & Chemicals Limited
GNFC.NS
(National Stock Exchange of India)

Recent

price

502.95

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
183.02
248.42
273.35
311.85
298.67
288.45
294.49
374.46
377.81
330.94
328.93
554.85
656.76
515.94
536.84
- -
528.85
Revenue per Share
17.15
18.26
17.57
18.81
-28.5
11.57
34.02
51.15
48.24
32.69
44.84
110.05
94.68
32.48
40.61
- -
54.97
Basic EPS, GAAP
-39.75
-33.59
-60.89
-25.4
13.3
59.88
87.14
115.51
36.69
9.94
107.34
117.67
77.23
-14.37
10.41
- -
- -
Free Cash Flow per Basic Share
3.79
3.78
4.05
4.09
4.07
0.08
2.41
6.02
8.92
8.4
4.99
7.92
9.82
30.1
16.19
- -
- -
Dividend per Share
46.32
41.21
35.38
30.79
15.24
23.1
54.32
90.33
115.15
138.47
175.08
278.09
345.47
287.09
304.96
- -
10
Book Value per Share
146.18
160.48
174.07
188.2
201.32
212.18
246.32
288.87
324.29
339.52
389.08
512.81
584.65
541.91
580.33
- -
617.64
Tangible Book Value per Share
155
155
155
155
155
155
155
155
155
155
155
155
155
153
147
- -
147
Basic Weighted Avg Shares
28,444
38,608
42,483
48,467
46,419
44,831
45,769
58,198
58,718
51,435
51,122
86,235
102,072
78,947
78,920
77,730
77,730
Sales/Revenue/Turnover
9.12
10.93
10.66
9.76
2.24
9.42
11.1
20.76
13.81
6.82
15.77
25.17
16.37
3.65
3.95
7.36
7.36
Operating Margin (%)
1,211
1,305
1,486
1,773
2,665
2,508
2,514
2,705
2,630
2,643
2,723
2,917
3,029
3,075
3,030
3,070
3,070
Depreciation Expense
2,665
2,838
2,731
2,923
-4,430
1,799
5,288
7,949
7,497
5,080
6,970
17,104
14,715
4,971
5,970
8,080
8,080
Net Income, GAAP
30.09
32
35.34
31.04
- -
35.49
27.1
32.05
9.54
- -
27.32
25.86
24.21
25.54
25.95
25.16
25.16
Effective Tax Rate (%)
9.37
7.35
6.43
6.03
-9.54
4.01
11.55
13.66
12.77
9.88
13.63
19.83
14.42
6.3
7.56
10.39
10.39
Profit Margin (%)
1,084
-2,441
559
756
-376
1,105
3,501
9,260
14,658
18,479
24,714
35,264
35,788
34,003
42,117
51,100
51,100
Working Capital
5,286
7,941
18,187
16,719
15,204
10,333
5,334
- -
- -
7
10
10
12
12
39
30
30
LT Debt
22,869
25,075
27,169
29,456
31,544
33,237
38,552
45,170
50,647
52,993
60,682
79,900
91,051
83,088
85,756
91,150
91,150
Total Equity
5.98
7.24
5.63
5.11
- -
4.05
6.01
15.23
14.38
- -
9.56
22.83
14.81
2.46
2.72
4.81
4.81
Return on Invested Capital (%)
13.37
13.59
9.62
8.69
- -
9.8
21.52
38.06
40.63
- -
24.76
48.56
30.41
10.33
13.67
34.27
34.27
Return on Capital (%)
21.45
41.73
45.89
56.84
-123.84
60.37
87.9
70.72
46.95
25.78
28.6
48.57
30.37
10.18
13.45
34.9
34.9
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
100
- -
30
LT Borrowings
- -
- -
- -
LT Finance Leases
30
- -
30
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
147
- -
147
Market Capitalization
72,163
72,577
53,861

Working Capital

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
49,850
- -
61,510
Cash, Cash Equivalents & STI
18,650
- -
19,430
Accounts Receivable, Net
3,830
- -
6,410
Inventories
10,500
- -
10,180
Total Current Liabilities
9,670
- -
10,410
Payables & Accruals
- -
- -
- -
ST Debt
100
- -
30
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.08%
9.28%
6.29%
Free Cash Flow
57.51%
-68.41%
-29.41%
Net Income, GAAP
36.43%
24.13%
35.34%
Sales/Revenue/Turnover
8%
12.57%
-1.51%
Total Cash Common Dividend
346.76%
49.09%
9.24%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
16,520
20,800
20,880
20,747
78,947
2025
20,210
19,170
18,990
20,550
78,920
2026
16,010
19,680
19,960
22,080
77,730

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5.68
11.74
6.3
- -
32.48
2025
8.03
7.14
11.09
14.35
40.61
2026
5.65
12.18
10.2
26.94
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
30.1
2025
- -
- -
- -
- -
16.19
2026
- -
- -
- -
- -
- -
Business
Gujarat Narmada Valley Fertilizers & Chemicals Limited Gujarat Narmada Valley Fertilizers & Chemicals Limited (GNFC), founded in 1976 and headquartered in Bharuch, Gujarat, India, manufactures and markets fertilizers and industrial chemicals primarily in India with international reach. The company operates in fertilizers, offering neem-coated urea, ammonium nitrophosphate under the Bharat brand, and traded products including di-ammonium phosphate (DAP), muriate of potash (MOP), single super phosphate (SSP), ammonium sulphate, and city compost; industrial chemicals such as methanol, formic acid, nitric acid, acetic acid, and aniline; neem-based products like de-oiled cake, manure, and pesticides under the Narmada brand; and IT services through subsidiary (n)Code Solutions, providing public key infrastructure, digital certificates, system integration, smart cities implementation, blockchain, and cloud solutions. GNFC maintains a joint sector structure promoted by the Government of Gujarat and Gujarat State Fertilizers & Chemicals Ltd., targeting agricultural and industrial customers across domestic and select global markets. Recent developments include the August 2024 board approval of a 200,000 MTPA nitric acid plant contract with Thyssenkrupp Uhde India, expanding capacity by 57 percent; approval of a new ammonium nitrate melt project to boost output; and sustained focus on horizontal integration into energy, petrochemicals, and electronics sectors.