Gujarat State Fertilizers & Chem.Ltd
₹133.50-₹3.35 (-2.4%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹6,911 Cr
- P/E
- 10.8x
- EV / EBITDA
- 6.6x
- Revenue
- ₹9,429 Cr
- Net margin
- 5.9%
- ROCE
- 3.8%
Price chart
Technical chartScreen technicals →-30.9% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- -11.4%
- 3M
- -16.3%
- 6M
- -21.7%
- 1Y
- -30.9%
- 5Y
- -1.1%
52-week range
Day change -₹3.35 (-2.4%) from ₹137 to ₹134 · Last close Oct 30, 2026
Best weekday to invest, historically
The same weekly amount in GSFC, bought on each weekday since 2021.
AI Summary
Indian StockStrengths1
- Strong 5-year net profit CAGR of 39.6%
Concerns1
- Low return on equity of 4.2%
Rule-based from financial data. Not advice.
About the company
Gujarat State Fertilizers & Chemicals Limited produces and sells fertilizers and chemicals in India. The company operates in two segments, Fertilizer Products and Industrial Products. It offers fertilizers, including neem urea, di-ammonium phosphate, boronated NPK, muriate of potash, ammonium phosphate sulphate, gypsum, ammonium sulphate, APS, and micro mix.
Read moreShow less
Gujarat State Fertilizers & Chemicals Limited produces and sells fertilizers and chemicals in India. The company operates in two segments, Fertilizer Products and Industrial Products. It offers fertilizers, including neem urea, di-ammonium phosphate, boronated NPK, muriate of potash, ammonium phosphate sulphate, gypsum, ammonium sulphate, APS, and micro mix. The company provides industrial products, such as caprolactam, nylon-6, anhydrous ammonia, cyclohexanone, sulphuric acid, technical grade urea, melamine, methyl ethyl ketoxime, hydroxylamine sulphate, cyclohexane, argon gas, and oleum, as well as methanol, nitric acid, ammonium sulphate, anone-anol mixture, melamine cyanurate, and potassium dihydrogen phosphate. In addition, the company offers water soluble fertilizers; sulphur based products; plant tissue culture products; micro nutrients; plant growth promoters; soil conditioners; organic products; and seeds. Further, it is involved in the provision of agro services; trading of agro input products; provision of port and logistics related services; and treatment and supply of waste water. The company was incorporated in 1962 and is based in Vadodara, India.
- Sector
- Materials
- Shares outstanding
- 39.9 Cr shares
- ISIN
- INE026A01025
- BSE code
- 500690
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹6,911 Cr
- P/E
- 10.8x
- P/B
- 0.6x
- EV / EBITDA
- 6.6x
- EV / Sales
- 0.6x
- P/S
- 0.8x
- Earnings yield
- 9.3%
- 52-week high
- ₹196.45
- 52-week low
- ₹133.50
Profitability
- Operating margin
- 5.4%
- Net margin
- 5.9%
- EBITDA margin
- 9.6%
- ROE
- 4.2%
- ROCE
- 3.8%
- ROA
- 3.5%
- Dividend payout
- 30.0%
- Tax rate
- 21.0%
- Other income, % of PBT
- 56.6%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹9,429 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 5.6%
- Revenue CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 3.2%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹859 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -51.3%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 9.4%
- Net profit CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 39.6%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -₹272 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -129.3%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -₹274 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 8.0%
Solvency and efficiency
- Current ratio
- 5.34
- Debt / Equity
- 0.00
- Debt / Assets
- 0.00
- Debt / EBITDA
- 0.01
- Interest coverage
- 43.91
- Financial leverage
- 1.18
- CFO / Net profit
- -0.52
- Cash / Market cap
- 88.9%
- Cash per share
- ₹153.83
- Asset turnover
- 0.60
- Fixed asset turnover
- 3.51
- Capital intensity
- 0.28
- Debtor days
- 21 days
- Inventory turnover
- 4.68
- Cash conversion cycle
- 50 days
Where the revenue went
Of every ₹100 of FY2025 revenue, ₹6 was left as net profit.
| From | To | Amount |
|---|---|---|
| Sales | Expenses | ₹8,796 Cr |
| Sales | Operating profit | ₹633 Cr |
| Operating profit | Interest | ₹10 Cr |
| Operating profit | Depreciation | ₹192 Cr |
| Operating profit | Profit before tax | ₹431 Cr |
| Other income | Profit before tax | ₹309 Cr |
| Profit before tax | Tax and other | ₹167 Cr |
| Profit before tax | Net profit | ₹573 Cr |
Revenue and net profit
Revenue grew 5.6% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹7,500 Cr | ₹418 Cr |
| FY2022 | ₹8,998 Cr | ₹891 Cr |
| FY2023 | ₹11,298 Cr | ₹1,293 Cr |
| FY2024 | ₹8,932 Cr | ₹524 Cr |
| FY2025 | ₹9,429 Cr | ₹573 Cr |
Cash flows
FY2025: ₹74.0 Cr from operations, -₹105 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | ₹1,769 Cr | ₹1,745 Cr |
| FY2022 | ₹252 Cr | ₹233 Cr |
| FY2023 | ₹929 Cr | ₹889 Cr |
| FY2024 | -₹272 Cr | -₹167 Cr |
| FY2025 | ₹74 Cr | -₹105 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹9,429 Cr+5.6%1Y
- Net profit
- ₹573 Cr+9.4%1Y
- Cash from operations
- ₹74 Cr
- Free cash flow
- -₹105 Cr
- Revenue CAGR, 5Y
- 3.2%
- EBITDA CAGR, 5Y
- 15.8%
- Net profit CAGR, 5Y
- 39.6%
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹9,429 Cr | ₹633 Cr | — | ₹573 Cr | ₹74 Cr | -₹105 Cr | 4.8% | +5.6% | +9.4% |
Monthly returns
Month-by-month returns of GSFC across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹14,195 Cr |
| Equity capital | ₹80 Cr |
| Reserves | ₹11,925 Cr |
| Borrowings | ₹2 Cr |
| Other liabilities | ₹2,189 Cr |
| Assets | ₹14,195 Cr |
| Fixed assets | ₹2,500 Cr |
| Capital work in progress | ₹690 Cr |
| Investments | ₹4,993 Cr |
| Other assets | ₹6,013 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
GSFC trades at 10.8x earnings against a peer median of 35.5x (a 70% discount).
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| Gujarat State Fertilizers & Chem.LtdGSFCthis companyP/E ↓ discount | ₹6,911 Cr | 10.8x | 0.6x | 4.2% | 6.6x |
| Sharda Cropchem LimitedSHARDACROP | ₹7,330 Cr | 17.9x | 3.0x | 6.5% | 14.7x |
| Sudarshan Chemical Indus. Ltd.SUDARSCHEM | ₹7,154 Cr | 36.2x | 3.0x | 30.3% | 12.1x |
| Elantas Beck India LtdELANTAS | ₹7,067 Cr | 51.2x | 7.6x | — | — |
| Gujarat Narmada Valley Fert.Co.LtdGNFC | ₹6,959 Cr | 11.2x | 0.8x | 5.9% | 6.3x |
| Galaxy Surfactants LimitedGALAXYSURF | ₹6,641 Cr | 41.1x | 4.4x | 14.2% | 19.2x |
| Indian Metals & Ferro Alloys LimitedIMFA | ₹6,603 Cr | 20.0x | 2.6x | 17.5% | 10.1x |
| PRISM JOHNSON LIMITED.PRSMJOHNSN | ₹6,484 Cr | 68.1x | 4.3x | 13.7% | 10.9x |
| India Glycols LtdINDIAGLYCO | ₹6,455 Cr | 32.1x | 3.0x | 8.9% | 17.5x |
| Peer median | — | 35.5x | 3.7x | 12.9% | 19.2x |
Year-to-date ROI
GSFC since 1 January, against earlier years.
Historical volatility
GSFC's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2021 | 7.0% |
| FY2022 | 15.0% |
| FY2023 | 14.0% |
| FY2024 | 5.0% |
| FY2025 | 7.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹9,429 Cr |
| Costs | |
| Interest | ₹10 Cr |
| Expenses | ₹8,796 Cr |
| Operating profitOperating Profit | ₹633 Cr |
| Other income and charges | |
| Profit before tax | ₹740 Cr |
| Tax | |
| Net profitNet Profit | ₹573 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹14,195 Cr |
| Equity capitalEquity Capital | ₹80 Cr |
| Reserves | ₹11,925 Cr |
| Borrowings | ₹2 Cr |
| Other liabilitiesOther Liabilities | ₹2,189 Cr |
| AssetsTotal Assets | ₹14,195 Cr |
| Fixed assetsFixed Assets | ₹2,500 Cr |
| Capital work in progressCWIP | ₹690 Cr |
| Investments | ₹4,993 Cr |
| Other assetsOther Assets | ₹6,013 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | ₹74 Cr |
| Investing cash flowCash from Investing Activity | -₹179 Cr |
| Financing cash flowCash from Financing Activity | -₹168 Cr |
| Change in cashNet Cash Flow | -₹274 Cr |
Learn while you research
Academy chapters picked for Gujarat State Fertilizers & Chem.Ltd and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Value InvestingA P/E of 10.8 could be a value opportunity, or a value trap. Know the difference.7 min read
- 04 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
- 05 Business Cycles & StocksThese cyclical sectors win and lose in different macro phases.6 min read
- 06 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read