GHCL Ltd.
•Add ratio to table
ABOUT
KEY POINTS
Revenue Breakup Mar 2022 • Inorganic Chemicals: 75.6% • Home Textiles: 24.4%
AI Sector View
AI GENERATEDChemicals
The available domestic chemical proxies are mixed to weak. Fertilizers output was -8.0% YoY (2026-07) and sale quantity of fertilisers was 0.0% YoY (2026-05), although that high-frequency barometer is stale. FPI positioning is less negative than before, with net 3-month outflow only INR -11 crore versus INR -1229 crore in the prior 3 months to 2026-08-31, but the weak sector driver argues for a neutral stance.
PROS
- Company is almost debt free
- Company has a healthy return on capital (ROCE) of 23.5%
- Company has consistently been profitable over the last 5 years
- Strong cash generation - operating cash flow backs reported profits (CFO/PAT 1.12x)
- Company comfortably covers its interest (66.7x coverage)
- Company has a consistent dividend-paying track record
CONS
- Recent results are weak - TTM profit is down 25.9% versus prior year
- Operating margins have contracted to 20.0% from 32.4%
- Company has delivered a poor sales growth of 4.2% over past five years
- Company has delivered a poor profit growth of 9.0% over past five years
- Growth is decelerating - 3Y profit CAGR (-24.9%) trails the 5Y trend (9.0%)
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
| Name | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| SOLARINDS | 22305.00 | 101.35 | 201838.07 | 0.05 | 666.37 | 88.98 | 3668.20 | 70.26 | 38.16 | 27.91 |
| PIDILITIND | 1572.50 | 60.43 | 160061.58 | 1.37 | 8835.10 | 1202.86 | 45515.50 | 1112.74 | 32.38 | 26.28 |
| SRF | 2515.00 | 34.49 | 74550.84 | 0.36 | 758.87 | 75.53 | 5033.26 | 34.63 | 14.21 | 24.57 |
| FLUOROCHEM | 4753.80 | 84.91 | 52220.49 | 0.06 | 219.00 | 19.02 | 1588.00 | 23.97 | 9.58 | 26.83 |
| NAVINFLUOR | 8796.15 | 57.15 | 45131.39 | 0.17 | 243.31 | 107.67 | 1045.08 | 44.07 | 21.39 | 34.17 |
| GODREJIND | 1132.45 | 32.45 | 38146.70 | 0.00 | 523.36 | -27.85 | 5448.09 | 22.16 | 10.64 | 12.82 |
| DEEPAKNTR | 1642.10 | 28.59 | 22397.10 | 0.46 | 345.01 | 207.36 | 2577.60 | 36.39 | 11.58 | 20.96 |
| AETHER | 1612.65 | 91.01 | 21404.36 | 0.00 | 62.75 | 33.45 | 326.56 | 27.49 | 11.65 | 31.47 |
| ATUL | 6217.65 | 23.01 | 18305.85 | 0.48 | 253.93 | 91.85 | 1847.95 | 25.03 | 15.05 | 21.41 |
| AARTIIND | 497.05 | 33.95 | 18029.33 | 0.20 | 155.00 | 260.47 | 2387.00 | 42.42 | 6.95 | 16.00 |
| DEEPAKFERT | 1358.70 | 17.49 | 17209.68 | 0.74 | 490.04 | 100.95 | 3256.26 | 22.47 | 12.12 | 25.96 |
| GHCL | 426.30 | 8.31 | 3927.53 | 2.81 | 115.64 | -23.05 | 790.51 | 1.16 | 18.12 | 22.22 |
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,120 | 1,019 | 806 | 798 | 823 | 830 | 793 | 779 | 781 | 796 | 721 | 757 | 791 | |
| 771 | 719 | 593 | 648 | 639 | 614 | 582 | 549 | 563 | 599 | 564 | 598 | 615 | |
| Operating Profit | 349 | 299 | 213 | 150 | 184 | 217 | 211 | 230 | 218 | 197 | 157 | 159 | 176 |
| OPM % | 31.13% | 29.40% | 26.48% | 18.80% | 22.40% | 26.11% | 26.61% | 29.54% | 27.92% | 24.78% | 21.80% | 20.97% | 22.22% |
| 22 | 230 | 11 | 14 | 17 | 18 | 17 | 29 | 23 | 27 | 17 | 16 | 14 | |
| Interest | 10 | 8 | 7 | 6 | 5 | 4 | 4 | 4 | 4 | 2 | 2 | 3 | 2 |
| Depreciation | 27 | 24 | 26 | 26 | 26 | 27 | 28 | 28 | 28 | 27 | 28 | 29 | 27 |
| Profit before Tax | 334 | 497 | 191 | 133 | 170 | 203 | 196 | 227 | 209 | 195 | 145 | 143 | 160 |
| Tax % | 24.80% | 14.27% | 25.39% | 24.91% | 26.44% | 25.91% | 21.14% | 25.89% | 28.16% | 25.93% | 26.17% | 26.06% | 27.66% |
| Net Profit | 0 | 0 | 0 | 0 | 0 | 151 | 155 | 168 | 150 | 144 | 107 | 106 | 116 |
| 24.28 | 44.82 | 15.02 | 10.50 | 13.12 | 15.81 | 16.28 | 17.70 | 15.72 | 15.10 | 11.16 | 11.26 | 12.28 |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2,784 | 2,919 | 3,341 | 3,305 | 2,491 | 3,778 | 4,551 | 3,447 | 3,183 | 3,064 | 3,064 | |
| 2,103 | 2,313 | 2,582 | 2,577 | 1,895 | 2,799 | 3,064 | 2,598 | 2,306 | 2,375 | 2,375 | |
| Operating Profit | 681 | 606 | 759 | 728 | 596 | 979 | 1,487 | 849 | 877 | 689 | 689 |
| OPM % | 24.46% | 20.76% | 22.73% | 22.03% | 23.94% | 25.91% | 32.66% | 24.62% | 27.56% | 22.50% | 22.48% |
| 37 | 38 | 16 | 18 | 7 | 12 | 109 | 272 | 88 | 73 | 73 | |
| Interest | 137 | 127 | 127 | 120 | 74 | 64 | 39 | 27 | 17 | 10 | 9 |
| Depreciation | 86 | 110 | 117 | 131 | 111 | 117 | 94 | 102 | 112 | 111 | 111 |
| Profit before Tax | 495 | 407 | 531 | 495 | 418 | 811 | 1,463 | 991 | 836 | 642 | 642 |
| Tax % | 23.26% | 12.53% | 33.93% | 19.81% | 26.62% | 26.21% | 23.73% | 19.93% | 25.35% | 26.45% | 26.45% |
| Net Profit | 380 | 356 | 351 | 397 | 307 | 598 | 1,116 | 794 | 624 | 472 | 472 |
| EPS | 38.01 | 36.25 | 35.50 | 40.50 | 34.23 | 67.68 | 120.06 | 82.94 | 65.19 | 51.39 | — |
| Dividend Payout % | 13.09% | 13.67% | 13.98% | 7.19% | 16.02% | 22.12% | 14.65% | 14.47% | 18.41% | 23.35% | — |
COMPOUNDED SALES GROWTH
- 10 Years:
- 2%
- 5 Years:
- 4%
- 3 Years:
- -12%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 6%
- 5 Years:
- 8%
- 3 Years:
- -25%
STOCK PRICE CAGR
- 10 Years:
- 6%
- 5 Years:
- 2%
- 3 Years:
- -12%
- 1 Year:
- -23%
RETURN ON EQUITY
- 10 Years:
- 22%
- 5 Years:
- 22%
- 3 Years:
- 19%
- Last Year:
- 13%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 99 | 97 | 98 | 95 | 95 | 95 | 96 | 96 | 96 | 92 |
| 1,247 | 1,513 | 1,807 | 2,044 | 2,378 | 2,985 | 3,846 | 2,870 | 3,381 | 3,454 | |
| 1,463 | 1,322 | 1,277 | 1,254 | 782 | 785 | 359 | 126 | 81 | 53 | |
| Trade Payables | 334 | 382 | 409 | 408 | 377 | 343 | 230 | 194 | 165 | 280 |
| 474 | 420 | 403 | 512 | 453 | 1,013 | 604 | 484 | 463 | 420 | |
| Total Liabilities | 3,617 | 3,735 | 3,995 | 4,313 | 4,085 | 5,221 | 5,133 | 3,770 | 4,185 | 4,300 |
| 2,401 | 2,493 | 2,583 | 2,664 | 2,675 | 2,474 | 1,731 | 1,842 | 1,844 | 1,821 | |
| Capital Work in Progress | 25 | 73 | 114 | 120 | 81 | 213 | 109 | 55 | 256 | 450 |
| 9 | 10 | 12 | 9 | 15 | 17 | 380 | 420 | 651 | 1,042 | |
| 584 | 637 | 768 | 791 | 764 | 944 | 772 | 651 | 626 | 597 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 180 | 210 | 173 | |
| Cash & Bank | 36 | 27 | 36 | 107 | 49 | 255 | 140 | 492 | 446 | 90 |
| 561 | 495 | 483 | 622 | 502 | 1,318 | 2,002 | 130 | 153 | 128 | |
| Total Assets | 3,617 | 3,735 | 3,995 | 4,313 | 4,085 | 5,221 | 5,133 | 3,770 | 4,185 | 4,300 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 567 | 661 | 623 | 740 | 728 | 848 | 1,299 | 797 | 638 | 687 | |
| Cash from Investing | -375 | -279 | -271 | -206 | -109 | -337 | -409 | -534 | -358 | -291 |
| Cash from Financing | -113 | -308 | -258 | -339 | -569 | -98 | -530 | -338 | -230 | -451 |
| -30 | 2 | 1 | 80 | -57 | 209 | -83 | -75 | 50 | -55 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
Documents
Corporate disclosures, annual reports, credit ratings, and concall transcripts
2026-09-08 - The Exchange has sought clarification from GHCL Limited for the quarter ended 30-Jun-2026 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. On basis of above the Company is required to clarify the following: -1. Consolidated Financial Results not submitted The response of the Company is awaited.
2026-08-31 - GHCL Limited has informed the Exchange about Product launch
2026-08-22 - GHCL Limited has informed the Exchange about General Updates
2026-08-07 - GHCL Limited has informed the Exchange about Schedule of meet
2026-08-06 - GHCL Limited has informed the Exchange about Transcript
2026-08-03 - GHCL Limited has informed the Exchange about Link of Recording
2026-08-03 - GHCL Limited has informed the Exchange about Link of Recording
2026-08-03 - GHCL Limited has informed the Exchange about Copy of Newspaper Publication
2026-08-01 - GHCL Limited has informed the Exchange regarding a press release dated August 01, 2026, titled "Press Release - GHCL Limited announces Q1FY27".
News
Recent coverage and analyst commentary for GHCL
Loading news…
AI Stock Analyst
GHCL Ltd.
Sign in to Chat with AI
Log in with your 5nance account to ask institutional questions about performance, financials, and outlook.
✨ Sign In to ChatFree 5nance Account