Gujarat Narmada Valley Fertilizers & Chemicals Ltd
•₹ 582.8-1.69%
2026-08-21
PROS
- Company is almost debt free
- Company has consistently been profitable over the last 5 years
- Latest quarter profit grew 275.9% YoY, showing strong momentum
- Company has been maintaining a healthy dividend payout of 44.2%
- Company comfortably covers its interest (35.4x coverage)
- Company has a consistent dividend-paying track record
CONS
- A large part of profit comes from other income (56.8% of PBT)
- Company has a low return on equity of 9.9% over last 3 years
- Operating margins have contracted to 8.0% from 29.1%
- Company has delivered a poor profit growth of 3.3% over past five years
- Growth is decelerating - 3Y profit CAGR (-30.0%) trails the 5Y trend (3.3%)
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | SOLARINDS | 19800.00 | 89.97 | 179170.31 | 0.06 | 666.37 | 88.98 | 3668.20 | 70.26 | 38.16 | 27.91 |
| 2. | PIDILITIND | 1650.00 | 63.40 | 167935.41 | 1.30 | 8835.10 | 1202.86 | 45515.50 | 1112.74 | 32.38 | 26.28 |
| 3. | SRF | 2575.00 | 35.31 | 76329.39 | 0.35 | 758.87 | 75.53 | 5033.26 | 34.63 | 14.21 | 24.57 |
| 4. | FLUOROCHEM | 4679.55 | 83.59 | 51404.86 | 0.06 | 219.00 | 19.02 | 1588.00 | 23.97 | 10.02 | 26.83 |
| 5. | NAVINFLUOR | 8281.50 | 53.80 | 42484.11 | 0.18 | 243.31 | 107.67 | 1045.08 | 44.07 | 21.39 | 34.17 |
| 6. | GODREJIND | 1217.10 | 34.87 | 40998.14 | 0.00 | 523.36 | -27.85 | 5448.09 | 22.16 | 10.64 | 12.82 |
| 7. | DEEPAKNTR | 1767.85 | 30.78 | 24112.24 | 0.42 | 345.01 | 207.36 | 2577.60 | 36.39 | 11.58 | 20.96 |
| 8. | AETHER | 1639.40 | 92.52 | 21759.40 | 0.00 | 62.75 | 33.45 | 326.56 | 27.49 | 11.65 | 31.47 |
| 9. | ATUL | 6581.75 | 24.36 | 19377.83 | 0.46 | 253.93 | 91.85 | 1847.95 | 25.03 | 15.05 | 21.41 |
| 10. | AARTIIND | 526.90 | 35.99 | 19112.07 | 0.19 | 155.00 | 260.47 | 2387.00 | 42.42 | 6.39 | 16.00 |
| 11. | DEEPAKFERT | 1474.65 | 18.98 | 18678.34 | 0.68 | 490.04 | 100.95 | 3256.26 | 22.47 | 12.12 | 25.96 |
| 12. | GNFC | 601.65 | 8.53 | 8840.69 | 3.49 | 312.00 | 275.90 | 2238.00 | 39.79 | 9.58 | 17.65 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,652 | 2,080 | 2,088 | 2,110 | 2,021 | 1,917 | 1,899 | 2,055 | 1,601 | 1,968 | 1,996 | 2,208 | 2,238 | |
| 1,547 | 1,911 | 2,004 | 1,965 | 1,868 | 1,827 | 1,767 | 1,815 | 1,570 | 1,783 | 1,815 | 1,726 | 1,923 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 88 | 152 | 121 | 108 | 99 | 123 | 157 | 122 | 150 | 127 | 97 | 125 | 101 |
| Interest | 1 | 1 | 7 | 4 | 17 | 2 | 3 | 1 | 2 | 1 | 1 | 2 | 2 |
| Depreciation | 76 | 78 | 76 | 78 | 78 | 76 | 75 | 74 | 74 | 81 | 73 | 79 | 76 |
| 116 | 242 | 122 | 171 | 157 | 135 | 211 | 287 | 105 | 230 | 204 | 526 | 418 | |
| Tax % | 26.72% | 26.45% | 22.13% | 25.73% | 26.75% | 24.44% | 25.12% | 26.83% | 25.71% | 23.04% | 26.47% | 25.48% | 25.36% |
| Net Profit | 0 | 0 | 0 | 0 | 118 | 105 | 163 | 211 | 83 | 179 | 150 | 396 | 312 |
| 6 | 12 | 6 | 9 | 8 | 7 | 11 | 14 | 6 | 12 | 10 | 27 | 2 | |
| Equity Capital | 155 | 155 | 147 | 147 | 147 | 147 | 147 | 147 | 147 | 147 | 147 | 147 | 147 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 155 | 155 | 147 | 147 | 147 | 147 | 147 | 147 | 147 | 147 | 147 | 147 | 147 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2023
- 1,652
- 1,547
- Operating Profit
- —
- OPM %
- —
- Other Income
- 88
- Interest
- 1
- Depreciation
- 76
- 116
- Tax %
- 26.72%
- Net Profit
- 0
- 6
- Equity Capital
- 155
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 155
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 2,080
- 1,911
- Operating Profit
- —
- OPM %
- —
- Other Income
- 152
- Interest
- 1
- Depreciation
- 78
- 242
- Tax %
- 26.45%
- Net Profit
- 0
- 12
- Equity Capital
- 155
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 155
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 2,088
- 2,004
- Operating Profit
- —
- OPM %
- —
- Other Income
- 121
- Interest
- 7
- Depreciation
- 76
- 122
- Tax %
- 22.13%
- Net Profit
- 0
- 6
- Equity Capital
- 147
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 147
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 2,110
- 1,965
- Operating Profit
- —
- OPM %
- —
- Other Income
- 108
- Interest
- 4
- Depreciation
- 78
- 171
- Tax %
- 25.73%
- Net Profit
- 0
- 9
- Equity Capital
- 147
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 147
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 2,021
- 1,868
- Operating Profit
- —
- OPM %
- —
- Other Income
- 99
- Interest
- 17
- Depreciation
- 78
- 157
- Tax %
- 26.75%
- Net Profit
- 118
- 8
- Equity Capital
- 147
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 147
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 1,917
- 1,827
- Operating Profit
- —
- OPM %
- —
- Other Income
- 123
- Interest
- 2
- Depreciation
- 76
- 135
- Tax %
- 24.44%
- Net Profit
- 105
- 7
- Equity Capital
- 147
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 147
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 1,899
- 1,767
- Operating Profit
- —
- OPM %
- —
- Other Income
- 157
- Interest
- 3
- Depreciation
- 75
- 211
- Tax %
- 25.12%
- Net Profit
- 163
- 11
- Equity Capital
- 147
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 147
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 2,055
- 1,815
- Operating Profit
- —
- OPM %
- —
- Other Income
- 122
- Interest
- 1
- Depreciation
- 74
- 287
- Tax %
- 26.83%
- Net Profit
- 211
- 14
- Equity Capital
- 147
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 147
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 1,601
- 1,570
- Operating Profit
- —
- OPM %
- —
- Other Income
- 150
- Interest
- 2
- Depreciation
- 74
- 105
- Tax %
- 25.71%
- Net Profit
- 83
- 6
- Equity Capital
- 147
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 147
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 1,968
- 1,783
- Operating Profit
- —
- OPM %
- —
- Other Income
- 127
- Interest
- 1
- Depreciation
- 81
- 230
- Tax %
- 23.04%
- Net Profit
- 179
- 12
- Equity Capital
- 147
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 147
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 1,996
- 1,815
- Operating Profit
- —
- OPM %
- —
- Other Income
- 97
- Interest
- 1
- Depreciation
- 73
- 204
- Tax %
- 26.47%
- Net Profit
- 150
- 10
- Equity Capital
- 147
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 147
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 2,208
- 1,726
- Operating Profit
- —
- OPM %
- —
- Other Income
- 125
- Interest
- 2
- Depreciation
- 79
- 526
- Tax %
- 25.48%
- Net Profit
- 396
- 27
- Equity Capital
- 147
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 147
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 2,238
- 1,923
- Operating Profit
- —
- OPM %
- —
- Other Income
- 101
- Interest
- 2
- Depreciation
- 76
- 418
- Tax %
- 25.36%
- Net Profit
- 312
- 2
- Equity Capital
- 147
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 147
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 4,552 | 4,589 | 5,837 | 5,896 | 5,162 | 5,129 | 8,642 | 10,227 | 7,930 | 7,892 | 8,410 | |
| 3,989 | 3,936 | 4,447 | 5,028 | 4,621 | 4,127 | 6,259 | 8,295 | 7,372 | 7,225 | 7,247 | |
| Operating Profit | 815 | 878 | 1,532 | 1,089 | 694 | 1,241 | 2,593 | 2,240 | 971 | 1,116 | — |
| OPM % | 18 | 19 | 26 | 18 | 13 | 24 | 30 | 22 | 12 | 14 | — |
| Other Income | 252 | 225 | 142 | 221 | 153 | 239 | 210 | 308 | 413 | 449 | 450 |
| Interest | 297 | 203 | 100 | 6 | 5 | 20 | 3 | 5 | 13 | 23 | 6 |
| Depreciation | 251 | 251 | 270 | 263 | 264 | 272 | 292 | 303 | 308 | 303 | 309 |
| 268 | 715 | 1,162 | 819 | 425 | 948 | 2,298 | 1,932 | 651 | 790 | 1,378 | |
| Tax % | 35 | 27 | 32 | 10 | -17 | 27 | 26 | 24 | 26 | 26 | 25 |
| Net Profit | 173 | 521 | 789 | 741 | 499 | 689 | 1,704 | 1,464 | 485 | 586 | 1,031 |
| EPS | 12 | 34 | 51 | 48 | 33 | 45 | 110 | 95 | 34 | 41 | — |
| Dividend Payout % | 17 | 15 | 15 | 15 | 15 | 18 | 9 | 32 | 49 | 44 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 7 | 7 | 5 | 9 | 9 | 8 | 7 | 8 | 12 | 12 | 8 |
| Adjusted EPS | 12 | 34 | 51 | 48 | 33 | 45 | 110 | 95 | 34 | 41 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 7 | 7 | 5 | 9 | 9 | 8 | 7 | 8 | 12 | 12 | 8 |
| Adjusted EPS | 12 | 34 | 51 | 48 | 33 | 45 | 110 | 95 | 34 | 41 | — |
Mar 2016
- 4,552
- 3,989
- Operating Profit
- 815
- OPM %
- 18
- Other Income
- 252
- Interest
- 297
- Depreciation
- 251
- 268
- Tax %
- 35
- Net Profit
- 173
- EPS
- 12
- Dividend Payout %
- 17
- Minority Interest
- 0
- Share of Associates
- 7
- Adjusted EPS
- 12
- Minority Interest
- 0
- Share of Associates
- 7
- Adjusted EPS
- 12
Mar 2017
- 4,589
- 3,936
- Operating Profit
- 878
- OPM %
- 19
- Other Income
- 225
- Interest
- 203
- Depreciation
- 251
- 715
- Tax %
- 27
- Net Profit
- 521
- EPS
- 34
- Dividend Payout %
- 15
- Minority Interest
- 0
- Share of Associates
- 7
- Adjusted EPS
- 34
- Minority Interest
- 0
- Share of Associates
- 7
- Adjusted EPS
- 34
Mar 2018
- 5,837
- 4,447
- Operating Profit
- 1,532
- OPM %
- 26
- Other Income
- 142
- Interest
- 100
- Depreciation
- 270
- 1,162
- Tax %
- 32
- Net Profit
- 789
- EPS
- 51
- Dividend Payout %
- 15
- Minority Interest
- 0
- Share of Associates
- 5
- Adjusted EPS
- 51
- Minority Interest
- 0
- Share of Associates
- 5
- Adjusted EPS
- 51
Mar 2019
- 5,896
- 5,028
- Operating Profit
- 1,089
- OPM %
- 18
- Other Income
- 221
- Interest
- 6
- Depreciation
- 263
- 819
- Tax %
- 10
- Net Profit
- 741
- EPS
- 48
- Dividend Payout %
- 15
- Minority Interest
- 0
- Share of Associates
- 9
- Adjusted EPS
- 48
- Minority Interest
- 0
- Share of Associates
- 9
- Adjusted EPS
- 48
Mar 2020
- 5,162
- 4,621
- Operating Profit
- 694
- OPM %
- 13
- Other Income
- 153
- Interest
- 5
- Depreciation
- 264
- 425
- Tax %
- -17
- Net Profit
- 499
- EPS
- 33
- Dividend Payout %
- 15
- Minority Interest
- 0
- Share of Associates
- 9
- Adjusted EPS
- 33
- Minority Interest
- 0
- Share of Associates
- 9
- Adjusted EPS
- 33
Mar 2021
- 5,129
- 4,127
- Operating Profit
- 1,241
- OPM %
- 24
- Other Income
- 239
- Interest
- 20
- Depreciation
- 272
- 948
- Tax %
- 27
- Net Profit
- 689
- EPS
- 45
- Dividend Payout %
- 18
- Minority Interest
- 0
- Share of Associates
- 8
- Adjusted EPS
- 45
- Minority Interest
- 0
- Share of Associates
- 8
- Adjusted EPS
- 45
Mar 2022
- 8,642
- 6,259
- Operating Profit
- 2,593
- OPM %
- 30
- Other Income
- 210
- Interest
- 3
- Depreciation
- 292
- 2,298
- Tax %
- 26
- Net Profit
- 1,704
- EPS
- 110
- Dividend Payout %
- 9
- Minority Interest
- 0
- Share of Associates
- 7
- Adjusted EPS
- 110
- Minority Interest
- 0
- Share of Associates
- 7
- Adjusted EPS
- 110
Mar 2023
- 10,227
- 8,295
- Operating Profit
- 2,240
- OPM %
- 22
- Other Income
- 308
- Interest
- 5
- Depreciation
- 303
- 1,932
- Tax %
- 24
- Net Profit
- 1,464
- EPS
- 95
- Dividend Payout %
- 32
- Minority Interest
- 0
- Share of Associates
- 8
- Adjusted EPS
- 95
- Minority Interest
- 0
- Share of Associates
- 8
- Adjusted EPS
- 95
Mar 2024
- 7,930
- 7,372
- Operating Profit
- 971
- OPM %
- 12
- Other Income
- 413
- Interest
- 13
- Depreciation
- 308
- 651
- Tax %
- 26
- Net Profit
- 485
- EPS
- 34
- Dividend Payout %
- 49
- Minority Interest
- 0
- Share of Associates
- 12
- Adjusted EPS
- 34
- Minority Interest
- 0
- Share of Associates
- 12
- Adjusted EPS
- 34
Mar 2025
- 7,892
- 7,225
- Operating Profit
- 1,116
- OPM %
- 14
- Other Income
- 449
- Interest
- 23
- Depreciation
- 303
- 790
- Tax %
- 26
- Net Profit
- 586
- EPS
- 41
- Dividend Payout %
- 44
- Minority Interest
- 0
- Share of Associates
- 12
- Adjusted EPS
- 41
- Minority Interest
- 0
- Share of Associates
- 12
- Adjusted EPS
- 41
TTM
- 8,410
- 7,247
- Operating Profit
- —
- OPM %
- —
- Other Income
- 450
- Interest
- 6
- Depreciation
- 309
- 1,378
- Tax %
- 25
- Net Profit
- 1,031
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 8
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 8
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 5%
- 5 Years:
- 9%
- 3 Years:
- -3%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- 3%
- 3 Years:
- -30%
STOCK PRICE CAGR
- 10 Years:
- 14%
- 5 Years:
- 12%
- 3 Years:
- 3%
- 1 Year:
- 12%
RETURN ON EQUITY
- 10 Years:
- 13%
- 5 Years:
- 13%
- 3 Years:
- 10%
- Last Year:
- 7%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 155 | 155 | 155 | 155 | 155 | 155 | 155 | 155 | 147 | 147 |
| 3,168 | 3,700 | 4,362 | 4,909 | 5,144 | 5,913 | 7,835 | 8,950 | 8,162 | 8,429 | |
| 1,426 | 1,276 | 303 | 208 | 859 | 2 | 0 | 0 | 1 | 99 | |
| Trade Payables | 262 | 340 | 426 | 395 | 513 | 399 | 648 | 578 | 522 | 495 |
| 5,091 | 2,485 | 1,985 | 1,942 | 1,747 | 1,915 | 2,097 | 2,013 | 1,840 | 1,834 | |
| Total Liabilities | 10,103 | 7,956 | 7,231 | 7,609 | 8,419 | 8,385 | 10,734 | 11,696 | 10,672 | 11,003 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 4,367 | 4,423 | 4,142 | 3,940 | 3,792 | 3,703 | 3,561 | 3,344 | 3,201 | 3,057 | |
| Capital Work in Progress | 9 | 14 | 14 | 25 | 82 | 161 | 138 | 187 | 289 | 382 |
| 755 | 816 | 785 | 799 | 673 | 938 | 1,313 | 3,205 | 3,030 | 2,304 | |
| 701 | 662 | 681 | 829 | 932 | 813 | 977 | 1,123 | 1,119 | 1,257 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 626 | 423 | |
| Cash & Bank | 10 | 13 | 16 | 235 | 189 | 1,451 | 1,182 | 1,994 | 1,529 | 2,308 |
| 4,261 | 2,029 | 1,593 | 1,780 | 2,750 | 1,319 | 3,564 | 1,843 | 878 | 1,272 | |
| Total Assets | 10,103 | 7,956 | 7,231 | 7,609 | 8,419 | 8,385 | 10,734 | 11,696 | 10,672 | 11,003 |
| Total Debt | 3,101 | 1,959 | 303 | 208 | 859 | 2 | 0 | 0 | 1 | 99 |
| Net Working Capital | 111 | 350 | 926 | 1,466 | 1,848 | 2,471 | 3,526 | 3,579 | 3,400 | 4,212 |
| Contingent Liabilities | 507 | 549 | 497 | 464 | 459 | 485 | 551 | 512 | 416 | 361 |
| Book Value per Share | 212.17 | 248.05 | 290.63 | 325.87 | 340.97 | 390.44 | 514.09 | 585.84 | 565.45 | 583.62 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 3,101 | 1,959 | 303 | 208 | 859 | 2 | 0 | 0 | 1 | 99 |
| Net Working Capital | 111 | 350 | 926 | 1,466 | 1,848 | 2,471 | 3,526 | 3,579 | 3,400 | 4,212 |
| Contingent Liabilities | 507 | 549 | 497 | 464 | 459 | 485 | 551 | 512 | 416 | 361 |
| Book Value per Share | 212.17 | 248.05 | 290.63 | 325.87 | 340.97 | 390.44 | 514.09 | 585.84 | 565.45 | 583.62 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2016
- Equity Capital
- 155
- 3,168
- 1,426
- Trade Payables
- 262
- 5,091
- Total Liabilities
- 10,103
- 4,367
- Capital Work in Progress
- 9
- 755
- 701
- 0
- Cash & Bank
- 10
- 4,261
- Total Assets
- 10,103
- Total Debt
- 3,101
- Net Working Capital
- 111
- Contingent Liabilities
- 507
- Book Value per Share
- 212.17
- Face Value
- 10.00
- Total Debt
- 3,101
- Net Working Capital
- 111
- Contingent Liabilities
- 507
- Book Value per Share
- 212.17
- Face Value
- 10.00
Mar 2017
- Equity Capital
- 155
- 3,700
- 1,276
- Trade Payables
- 340
- 2,485
- Total Liabilities
- 7,956
- 4,423
- Capital Work in Progress
- 14
- 816
- 662
- 0
- Cash & Bank
- 13
- 2,029
- Total Assets
- 7,956
- Total Debt
- 1,959
- Net Working Capital
- 350
- Contingent Liabilities
- 549
- Book Value per Share
- 248.05
- Face Value
- 10.00
- Total Debt
- 1,959
- Net Working Capital
- 350
- Contingent Liabilities
- 549
- Book Value per Share
- 248.05
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 155
- 4,362
- 303
- Trade Payables
- 426
- 1,985
- Total Liabilities
- 7,231
- 4,142
- Capital Work in Progress
- 14
- 785
- 681
- 0
- Cash & Bank
- 16
- 1,593
- Total Assets
- 7,231
- Total Debt
- 303
- Net Working Capital
- 926
- Contingent Liabilities
- 497
- Book Value per Share
- 290.63
- Face Value
- 10.00
- Total Debt
- 303
- Net Working Capital
- 926
- Contingent Liabilities
- 497
- Book Value per Share
- 290.63
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 155
- 4,909
- 208
- Trade Payables
- 395
- 1,942
- Total Liabilities
- 7,609
- 3,940
- Capital Work in Progress
- 25
- 799
- 829
- 0
- Cash & Bank
- 235
- 1,780
- Total Assets
- 7,609
- Total Debt
- 208
- Net Working Capital
- 1,466
- Contingent Liabilities
- 464
- Book Value per Share
- 325.87
- Face Value
- 10.00
- Total Debt
- 208
- Net Working Capital
- 1,466
- Contingent Liabilities
- 464
- Book Value per Share
- 325.87
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 155
- 5,144
- 859
- Trade Payables
- 513
- 1,747
- Total Liabilities
- 8,419
- 3,792
- Capital Work in Progress
- 82
- 673
- 932
- 0
- Cash & Bank
- 189
- 2,750
- Total Assets
- 8,419
- Total Debt
- 859
- Net Working Capital
- 1,848
- Contingent Liabilities
- 459
- Book Value per Share
- 340.97
- Face Value
- 10.00
- Total Debt
- 859
- Net Working Capital
- 1,848
- Contingent Liabilities
- 459
- Book Value per Share
- 340.97
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 155
- 5,913
- 2
- Trade Payables
- 399
- 1,915
- Total Liabilities
- 8,385
- 3,703
- Capital Work in Progress
- 161
- 938
- 813
- 0
- Cash & Bank
- 1,451
- 1,319
- Total Assets
- 8,385
- Total Debt
- 2
- Net Working Capital
- 2,471
- Contingent Liabilities
- 485
- Book Value per Share
- 390.44
- Face Value
- 10.00
- Total Debt
- 2
- Net Working Capital
- 2,471
- Contingent Liabilities
- 485
- Book Value per Share
- 390.44
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 155
- 7,835
- 0
- Trade Payables
- 648
- 2,097
- Total Liabilities
- 10,734
- 3,561
- Capital Work in Progress
- 138
- 1,313
- 977
- 0
- Cash & Bank
- 1,182
- 3,564
- Total Assets
- 10,734
- Total Debt
- 0
- Net Working Capital
- 3,526
- Contingent Liabilities
- 551
- Book Value per Share
- 514.09
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 3,526
- Contingent Liabilities
- 551
- Book Value per Share
- 514.09
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 155
- 8,950
- 0
- Trade Payables
- 578
- 2,013
- Total Liabilities
- 11,696
- 3,344
- Capital Work in Progress
- 187
- 3,205
- 1,123
- 0
- Cash & Bank
- 1,994
- 1,843
- Total Assets
- 11,696
- Total Debt
- 0
- Net Working Capital
- 3,579
- Contingent Liabilities
- 512
- Book Value per Share
- 585.84
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 3,579
- Contingent Liabilities
- 512
- Book Value per Share
- 585.84
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 147
- 8,162
- 1
- Trade Payables
- 522
- 1,840
- Total Liabilities
- 10,672
- 3,201
- Capital Work in Progress
- 289
- 3,030
- 1,119
- 626
- Cash & Bank
- 1,529
- 878
- Total Assets
- 10,672
- Total Debt
- 1
- Net Working Capital
- 3,400
- Contingent Liabilities
- 416
- Book Value per Share
- 565.45
- Face Value
- 10.00
- Total Debt
- 1
- Net Working Capital
- 3,400
- Contingent Liabilities
- 416
- Book Value per Share
- 565.45
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 147
- 8,429
- 99
- Trade Payables
- 495
- 1,834
- Total Liabilities
- 11,003
- 3,057
- Capital Work in Progress
- 382
- 2,304
- 1,257
- 423
- Cash & Bank
- 2,308
- 1,272
- Total Assets
- 11,003
- Total Debt
- 99
- Net Working Capital
- 4,212
- Contingent Liabilities
- 361
- Book Value per Share
- 583.62
- Face Value
- 10.00
- Total Debt
- 99
- Net Working Capital
- 4,212
- Contingent Liabilities
- 361
- Book Value per Share
- 583.62
- Face Value
- 10.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 996 | 1,445 | 1,819 | 701 | 286 | 1,884 | 1,967 | 1,373 | 31 | 605 | |
| Cash from Investing | 36 | -53 | 49 | -310 | -901 | -856 | -1,899 | -1,229 | 1,235 | -466 |
| Cash from Financing | -1,037 | -1,073 | -1,400 | -185 | 546 | -934 | -130 | -160 | -1,281 | -262 |
| -5 | 320 | 468 | 206 | -69 | 95 | -62 | -16 | -14 | -123 | |
| Free Cash Flow | 872 | 1,428 | 1,819 | 641 | 126 | 1,654 | 1,856 | 1,295 | -197 | 373 |
| OCF / Net Profit | 5.77 | 2.77 | 2.30 | 0.95 | 0.57 | 2.73 | 1.15 | 0.94 | 0.06 | 1.03 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 4,885 | 5,667 | 6,095 | 5,572 | 4,734 | 4,982 |
| OCF / Net Profit | 5.77 | 2.77 | 2.30 | 0.95 | 0.57 | 2.73 | 1.15 | 0.94 | 0.06 | 1.03 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 4,885 | 5,667 | 6,095 | 5,572 | 4,734 | 4,982 |
Mar 2016
- 996
- Cash from Investing
- 36
- Cash from Financing
- -1,037
- -5
- Free Cash Flow
- 872
- OCF / Net Profit
- 5.77
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 5.77
- Cumulative 5-Year FCF
- 0
Mar 2017
- 1,445
- Cash from Investing
- -53
- Cash from Financing
- -1,073
- 320
- Free Cash Flow
- 1,428
- OCF / Net Profit
- 2.77
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.77
- Cumulative 5-Year FCF
- 0
Mar 2018
- 1,819
- Cash from Investing
- 49
- Cash from Financing
- -1,400
- 468
- Free Cash Flow
- 1,819
- OCF / Net Profit
- 2.30
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.30
- Cumulative 5-Year FCF
- 0
Mar 2019
- 701
- Cash from Investing
- -310
- Cash from Financing
- -185
- 206
- Free Cash Flow
- 641
- OCF / Net Profit
- 0.95
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.95
- Cumulative 5-Year FCF
- 0
Mar 2020
- 286
- Cash from Investing
- -901
- Cash from Financing
- 546
- -69
- Free Cash Flow
- 126
- OCF / Net Profit
- 0.57
- Cumulative 5-Year FCF
- 4,885
- OCF / Net Profit
- 0.57
- Cumulative 5-Year FCF
- 4,885
Mar 2021
- 1,884
- Cash from Investing
- -856
- Cash from Financing
- -934
- 95
- Free Cash Flow
- 1,654
- OCF / Net Profit
- 2.73
- Cumulative 5-Year FCF
- 5,667
- OCF / Net Profit
- 2.73
- Cumulative 5-Year FCF
- 5,667
Mar 2022
- 1,967
- Cash from Investing
- -1,899
- Cash from Financing
- -130
- -62
- Free Cash Flow
- 1,856
- OCF / Net Profit
- 1.15
- Cumulative 5-Year FCF
- 6,095
- OCF / Net Profit
- 1.15
- Cumulative 5-Year FCF
- 6,095
Mar 2023
- 1,373
- Cash from Investing
- -1,229
- Cash from Financing
- -160
- -16
- Free Cash Flow
- 1,295
- OCF / Net Profit
- 0.94
- Cumulative 5-Year FCF
- 5,572
- OCF / Net Profit
- 0.94
- Cumulative 5-Year FCF
- 5,572
Mar 2024
- 31
- Cash from Investing
- 1,235
- Cash from Financing
- -1,281
- -14
- Free Cash Flow
- -197
- OCF / Net Profit
- 0.06
- Cumulative 5-Year FCF
- 4,734
- OCF / Net Profit
- 0.06
- Cumulative 5-Year FCF
- 4,734
Mar 2025
- 605
- Cash from Investing
- -466
- Cash from Financing
- -262
- -123
- Free Cash Flow
- 373
- OCF / Net Profit
- 1.03
- Cumulative 5-Year FCF
- 4,982
- OCF / Net Profit
- 1.03
- Cumulative 5-Year FCF
- 4,982
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | 11.57 | 34.02 | 51.15 | 48.24 | 32.69 | 44.84 | 110.05 | 94.68 | 33.83 | 40.68 |
| Book Value (₹) | 212.17 | 248.05 | 290.63 | 325.87 | 340.97 | 390.44 | 514.09 | 585.84 | 565.45 | 583.62 |
| Dividend per Share (₹) | 2.00 | 5.00 | 7.50 | 7.00 | 5.00 | 8.00 | 10.00 | 30.00 | 16.50 | 18.00 |
| Cash EPS (₹) | 27.25 | 49.72 | 68.20 | 64.61 | 49.11 | 61.87 | 128.39 | 113.69 | 53.92 | 60.46 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 16.82% | 17.75% | 25.90% | 17.84% | 12.81% | 23.13% | 29.07% | 21.23% | 6.72% | 8.05% |
| Net Margin % | 3.56% | 10.54% | 13.34% | 12.14% | 9.20% | 12.85% | 19.10% | 13.88% | 5.84% | 7.06% |
| ROE % | 4.97% | 14.58% | 18.86% | 15.47% | 9.63% | 12.13% | 24.24% | 17.13% | 5.57% | 6.94% |
| ROCE % | 8.13% | 15.04% | 23.73% | 16.36% | 7.53% | 15.84% | 32.74% | 22.66% | 7.62% | 9.58% |
| 1.71% | 5.77% | 10.40% | 9.99% | 6.23% | 8.20% | 17.82% | 13.05% | 4.33% | 5.40% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 107 | 96 | 69 | 71 | 89 | 65 | 23 | 17 | 22 | 23 |
| Inventory Days | 55 | 50 | 41 | 45 | 59 | 59 | 37 | 36 | 49 | 52 |
| Payable Days | 43 | 50 | 55 | 52 | 61 | 72 | 48 | 45 | 45 | 41 |
| 119 | 96 | 55 | 63 | 88 | 53 | 12 | 9 | 27 | 34 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.94x | 0.51x | 0.07x | 0.04x | 0.16x | 0.00x | 0.00x | 0.00x | 0.00x | 0.01x |
| Interest Coverage (x) | 1.90x | 4.51x | 12.65x | 129.43x | 81.61x | 48.53x | 665.18x | 368.21x | 53.01x | 35.44x |
| 1.03x | 1.17x | 1.78x | 2.43x | 2.03x | 3.57x | 3.58x | 3.77x | 4.14x | 4.67x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | -1.93% | 0.81% | 27.21% | 1.01% | -12.44% | -0.65% | 68.51% | 18.34% | -22.46% | -0.47% |
| Operating Profit Growth % | 125.70% | 7.66% | 74.56% | -28.94% | -36.21% | 78.64% | 109.03% | -13.63% | -56.64% | 14.93% |
| Net Profit Growth % | 138.20% | 201.89% | 51.44% | -6.12% | -32.69% | 38.15% | 147.20% | -14.07% | -66.89% | 20.78% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -64.27% | 20.26% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 18.47x | 12.20x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 1.10x | 0.85x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 2.64% | 3.63% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 7.88x | 4.56x |
Mar 2016
- EPS (₹)
- 11.57
- Book Value (₹)
- 212.17
- Dividend per Share (₹)
- 2.00
- Cash EPS (₹)
- 27.25
- Operating Margin %
- 16.82%
- Net Margin %
- 3.56%
- ROE %
- 4.97%
- ROCE %
- 8.13%
- 1.71%
- Debtor Days
- 107
- Inventory Days
- 55
- Payable Days
- 43
- 119
- Debt to Equity (x)
- 0.94x
- Interest Coverage (x)
- 1.90x
- 1.03x
- Revenue Growth %
- -1.93%
- Operating Profit Growth %
- 125.70%
- Net Profit Growth %
- 138.20%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- 34.02
- Book Value (₹)
- 248.05
- Dividend per Share (₹)
- 5.00
- Cash EPS (₹)
- 49.72
- Operating Margin %
- 17.75%
- Net Margin %
- 10.54%
- ROE %
- 14.58%
- ROCE %
- 15.04%
- 5.77%
- Debtor Days
- 96
- Inventory Days
- 50
- Payable Days
- 50
- 96
- Debt to Equity (x)
- 0.51x
- Interest Coverage (x)
- 4.51x
- 1.17x
- Revenue Growth %
- 0.81%
- Operating Profit Growth %
- 7.66%
- Net Profit Growth %
- 201.89%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 51.15
- Book Value (₹)
- 290.63
- Dividend per Share (₹)
- 7.50
- Cash EPS (₹)
- 68.20
- Operating Margin %
- 25.90%
- Net Margin %
- 13.34%
- ROE %
- 18.86%
- ROCE %
- 23.73%
- 10.40%
- Debtor Days
- 69
- Inventory Days
- 41
- Payable Days
- 55
- 55
- Debt to Equity (x)
- 0.07x
- Interest Coverage (x)
- 12.65x
- 1.78x
- Revenue Growth %
- 27.21%
- Operating Profit Growth %
- 74.56%
- Net Profit Growth %
- 51.44%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 48.24
- Book Value (₹)
- 325.87
- Dividend per Share (₹)
- 7.00
- Cash EPS (₹)
- 64.61
- Operating Margin %
- 17.84%
- Net Margin %
- 12.14%
- ROE %
- 15.47%
- ROCE %
- 16.36%
- 9.99%
- Debtor Days
- 71
- Inventory Days
- 45
- Payable Days
- 52
- 63
- Debt to Equity (x)
- 0.04x
- Interest Coverage (x)
- 129.43x
- 2.43x
- Revenue Growth %
- 1.01%
- Operating Profit Growth %
- -28.94%
- Net Profit Growth %
- -6.12%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 32.69
- Book Value (₹)
- 340.97
- Dividend per Share (₹)
- 5.00
- Cash EPS (₹)
- 49.11
- Operating Margin %
- 12.81%
- Net Margin %
- 9.20%
- ROE %
- 9.63%
- ROCE %
- 7.53%
- 6.23%
- Debtor Days
- 89
- Inventory Days
- 59
- Payable Days
- 61
- 88
- Debt to Equity (x)
- 0.16x
- Interest Coverage (x)
- 81.61x
- 2.03x
- Revenue Growth %
- -12.44%
- Operating Profit Growth %
- -36.21%
- Net Profit Growth %
- -32.69%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 44.84
- Book Value (₹)
- 390.44
- Dividend per Share (₹)
- 8.00
- Cash EPS (₹)
- 61.87
- Operating Margin %
- 23.13%
- Net Margin %
- 12.85%
- ROE %
- 12.13%
- ROCE %
- 15.84%
- 8.20%
- Debtor Days
- 65
- Inventory Days
- 59
- Payable Days
- 72
- 53
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 48.53x
- 3.57x
- Revenue Growth %
- -0.65%
- Operating Profit Growth %
- 78.64%
- Net Profit Growth %
- 38.15%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 110.05
- Book Value (₹)
- 514.09
- Dividend per Share (₹)
- 10.00
- Cash EPS (₹)
- 128.39
- Operating Margin %
- 29.07%
- Net Margin %
- 19.10%
- ROE %
- 24.24%
- ROCE %
- 32.74%
- 17.82%
- Debtor Days
- 23
- Inventory Days
- 37
- Payable Days
- 48
- 12
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 665.18x
- 3.58x
- Revenue Growth %
- 68.51%
- Operating Profit Growth %
- 109.03%
- Net Profit Growth %
- 147.20%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 94.68
- Book Value (₹)
- 585.84
- Dividend per Share (₹)
- 30.00
- Cash EPS (₹)
- 113.69
- Operating Margin %
- 21.23%
- Net Margin %
- 13.88%
- ROE %
- 17.13%
- ROCE %
- 22.66%
- 13.05%
- Debtor Days
- 17
- Inventory Days
- 36
- Payable Days
- 45
- 9
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 368.21x
- 3.77x
- Revenue Growth %
- 18.34%
- Operating Profit Growth %
- -13.63%
- Net Profit Growth %
- -14.07%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 33.83
- Book Value (₹)
- 565.45
- Dividend per Share (₹)
- 16.50
- Cash EPS (₹)
- 53.92
- Operating Margin %
- 6.72%
- Net Margin %
- 5.84%
- ROE %
- 5.57%
- ROCE %
- 7.62%
- 4.33%
- Debtor Days
- 22
- Inventory Days
- 49
- Payable Days
- 45
- 27
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 53.01x
- 4.14x
- Revenue Growth %
- -22.46%
- Operating Profit Growth %
- -56.64%
- Net Profit Growth %
- -66.89%
- -64.27%
- P/E (x)
- 18.47x
- P/B (x)
- 1.10x
- Dividend Yield %
- 2.64%
- 7.88x
Mar 2025
- EPS (₹)
- 40.68
- Book Value (₹)
- 583.62
- Dividend per Share (₹)
- 18.00
- Cash EPS (₹)
- 60.46
- Operating Margin %
- 8.05%
- Net Margin %
- 7.06%
- ROE %
- 6.94%
- ROCE %
- 9.58%
- 5.40%
- Debtor Days
- 23
- Inventory Days
- 52
- Payable Days
- 41
- 34
- Debt to Equity (x)
- 0.01x
- Interest Coverage (x)
- 35.44x
- 4.67x
- Revenue Growth %
- -0.47%
- Operating Profit Growth %
- 14.93%
- Net Profit Growth %
- 20.78%
- 20.26%
- P/E (x)
- 12.20x
- P/B (x)
- 0.85x
- Dividend Yield %
- 3.63%
- 4.56x
Documents
Announcements
- Appointment
2026-08-20 - Gujarat Narmada Valley Fertilizers and Chemicals Limited has informed the Exchange regarding Appointment of Ms Mamata Biswal as Non- Executive Independent Director of the company w.e.f. August 20, 2026.
- Change in Management
2026-08-20 - Gujarat Narmada Valley Fertilizers and Chemicals Limited has informed the Exchange about change in Management
Annual Reports
Nothing filed yet.
Credit Ratings
- Credit Rating
2026-08-08 - Gujarat Narmada Valley Fertilizers and Chemicals Limited has informed the Exchange about Credit Rating
Concalls
Aug 2026
May 2026
Feb 2026