Gujarat State Fertilizers & Chemicals Ltd.
•₹ 158.23-1.48%
2026-08-21
PROS
- Company has delivered good profit growth of 40.1% CAGR over last 5 years
- Company is almost debt free
- Company has consistently been profitable over the last 5 years
- Company has been maintaining a healthy dividend payout of 33.7%
- Company has a consistent dividend-paying track record
- Offers a healthy dividend yield of 3.1%
CONS
- A large part of profit comes from other income (41.6% of PBT)
- Company has a low return on capital employed of 8.3%
- Company has a low return on equity of 6.6% over last 3 years
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT 0.31x)
- Operating margins have contracted to 6.6% from 16.5%
- Company has delivered a poor sales growth of 4.1% over past five years
* 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. | COROMANDEL | 2038.80 | 32.83 | 60147.95 | 0.54 | 381.56 | -23.93 | 8164.77 | 15.94 | 23.92 | 9.26 |
| 2. | FACT | 787.00 | 1821.34 | 50924.56 | 0.00 | -67.90 | -948.75 | 1567.84 | 65.14 | 11.30 | -2.73 |
| 3. | CHAMBLFERT | 434.35 | 9.03 | 17402.33 | 2.53 | 523.60 | -4.61 | 5027.02 | -11.77 | 25.50 | 16.42 |
| 4. | PARADEEP | 150.90 | 14.62 | 15671.27 | 0.99 | 392.54 | 53.43 | 6124.25 | 63.14 | 13.95 | 11.76 |
| 5. | MBAPL | 163.63 | 0.00 | 7169.20 | 0.06 | 329.62 | 1068.62 | 4163.01 | 916.15 | 19.41 | 15.83 |
| 6. | RCF | 119.05 | 14.71 | 6567.85 | 1.97 | 73.53 | 35.09 | 3585.71 | 6.38 | 7.64 | 6.11 |
| 7. | GSFC | 161.80 | 9.31 | 6447.37 | 3.09 | 158.54 | 14.39 | 3583.15 | 64.03 | 6.16 | 6.58 |
| 8. | KRISHANA | 194.30 | 0.00 | 6006.55 | 0.05 | 47.09 | 54.01 | 532.31 | 34.58 | 27.26 | 16.71 |
| 9. | NFL | 70.11 | 9.44 | 3439.45 | 0.00 | 113.38 | 387.47 | 4500.39 | 27.34 | 7.84 | 6.87 |
| 10. | SPIC | 68.13 | 6.77 | 1387.40 | 2.94 | 60.18 | -9.79 | 848.81 | 9.22 | 16.82 | 9.27 |
| 11. | MADRASFERT | 65.48 | 0.00 | 1054.89 | 0.00 | 34.59 | -21.49 | 814.01 | 21.07 | 27.70 | 6.46 |
| 12. | ZUARI | 224.65 | 1.01 | 944.83 | 0.00 | 118.70 | -90.68 | 615.21 | -50.63 | 16.04 | 25.25 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2,063 | 3,119 | 2,008 | 1,965 | 2,163 | 2,635 | 2,814 | 1,922 | 2,184 | 3,187 | 2,941 | 2,633 | 3,583 | |
| 1,921 | 2,881 | 1,900 | 1,939 | 2,053 | 2,352 | 2,656 | 1,842 | 1,992 | 2,851 | 2,763 | 2,550 | 3,415 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 49 | 195 | 81 | 52 | 50 | 152 | 56 | 57 | 42 | 143 | 56 | 35 | 34 |
| Interest | 2 | 2 | 1 | 7 | 2 | 2 | 2 | 4 | 8 | 2 | 1 | 4 | 10 |
| Depreciation | 45 | 46 | 46 | 47 | 47 | 48 | 49 | 48 | 48 | 51 | 50 | 53 | 54 |
| 144 | 385 | 142 | 24 | 111 | 386 | 163 | 84 | 179 | 427 | 182 | 61 | 205 | |
| Tax % | 23.58% | 20.30% | 18.42% | 7.08% | 22.84% | 23.04% | 20.81% | 20.02% | 25.57% | 24.43% | 13.66% | 21.39% | 22.72% |
| Net Profit | 0 | 0 | 0 | 0 | 87 | 298 | 134 | 72 | 139 | 324 | 158 | 52 | 159 |
| 3 | 8 | 3 | 1 | 2 | 7 | 3 | 2 | 3 | 8 | 4 | 1 | 0 | |
| Equity Capital | 80 | 80 | 80 | 80 | 80 | 80 | 80 | 80 | 80 | 80 | 80 | 80 | 80 |
| 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 | 80 | 80 | 80 | 80 | 80 | 80 | 80 | 80 | 80 | 80 | 80 | 80 | 80 |
| 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
- 2,063
- 1,921
- Operating Profit
- —
- OPM %
- —
- Other Income
- 49
- Interest
- 2
- Depreciation
- 45
- 144
- Tax %
- 23.58%
- Net Profit
- 0
- 3
- Equity Capital
- 80
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 80
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 3,119
- 2,881
- Operating Profit
- —
- OPM %
- —
- Other Income
- 195
- Interest
- 2
- Depreciation
- 46
- 385
- Tax %
- 20.30%
- Net Profit
- 0
- 8
- Equity Capital
- 80
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 80
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 2,008
- 1,900
- Operating Profit
- —
- OPM %
- —
- Other Income
- 81
- Interest
- 1
- Depreciation
- 46
- 142
- Tax %
- 18.42%
- Net Profit
- 0
- 3
- Equity Capital
- 80
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 80
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 1,965
- 1,939
- Operating Profit
- —
- OPM %
- —
- Other Income
- 52
- Interest
- 7
- Depreciation
- 47
- 24
- Tax %
- 7.08%
- Net Profit
- 0
- 1
- Equity Capital
- 80
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 80
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 2,163
- 2,053
- Operating Profit
- —
- OPM %
- —
- Other Income
- 50
- Interest
- 2
- Depreciation
- 47
- 111
- Tax %
- 22.84%
- Net Profit
- 87
- 2
- Equity Capital
- 80
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 80
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 2,635
- 2,352
- Operating Profit
- —
- OPM %
- —
- Other Income
- 152
- Interest
- 2
- Depreciation
- 48
- 386
- Tax %
- 23.04%
- Net Profit
- 298
- 7
- Equity Capital
- 80
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 80
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 2,814
- 2,656
- Operating Profit
- —
- OPM %
- —
- Other Income
- 56
- Interest
- 2
- Depreciation
- 49
- 163
- Tax %
- 20.81%
- Net Profit
- 134
- 3
- Equity Capital
- 80
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 80
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 1,922
- 1,842
- Operating Profit
- —
- OPM %
- —
- Other Income
- 57
- Interest
- 4
- Depreciation
- 48
- 84
- Tax %
- 20.02%
- Net Profit
- 72
- 2
- Equity Capital
- 80
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 80
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 2,184
- 1,992
- Operating Profit
- —
- OPM %
- —
- Other Income
- 42
- Interest
- 8
- Depreciation
- 48
- 179
- Tax %
- 25.57%
- Net Profit
- 139
- 3
- Equity Capital
- 80
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 80
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 3,187
- 2,851
- Operating Profit
- —
- OPM %
- —
- Other Income
- 143
- Interest
- 2
- Depreciation
- 51
- 427
- Tax %
- 24.43%
- Net Profit
- 324
- 8
- Equity Capital
- 80
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 80
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 2,941
- 2,763
- Operating Profit
- —
- OPM %
- —
- Other Income
- 56
- Interest
- 1
- Depreciation
- 50
- 182
- Tax %
- 13.66%
- Net Profit
- 158
- 4
- Equity Capital
- 80
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 80
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 2,633
- 2,550
- Operating Profit
- —
- OPM %
- —
- Other Income
- 35
- Interest
- 4
- Depreciation
- 53
- 61
- Tax %
- 21.39%
- Net Profit
- 52
- 1
- Equity Capital
- 80
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 80
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 3,583
- 3,415
- Operating Profit
- —
- OPM %
- —
- Other Income
- 34
- Interest
- 10
- Depreciation
- 54
- 205
- Tax %
- 22.72%
- Net Profit
- 159
- 0
- Equity Capital
- 80
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 80
- 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 6,108 | 5,265 | 6,266 | 8,491 | 7,798 | 7,634 | 9,085 | 11,369 | 9,155 | 9,534 | 12,344 | |
| 5,451 | 4,775 | 5,701 | 7,742 | 7,481 | 7,063 | 7,764 | 9,781 | 8,641 | 8,902 | 11,578 | |
| Operating Profit | 722 | 545 | 664 | 856 | 424 | 754 | 1,502 | 1,737 | 890 | 947 | — |
| OPM % | 12 | 10 | 11 | 10 | 5 | 10 | 17 | 15 | 10 | 10 | — |
| Other Income | 65 | 56 | 99 | 108 | 107 | 183 | 181 | 149 | 377 | 315 | 268 |
| Interest | 31 | 65 | 51 | 61 | 115 | 43 | 10 | 15 | 11 | 10 | 17 |
| Depreciation | 97 | 104 | 119 | 126 | 171 | 177 | 179 | 182 | 183 | 192 | 208 |
| 594 | 382 | 493 | 669 | 141 | 535 | 1,315 | 1,543 | 704 | 756 | 876 | |
| Tax % | 31 | -11 | 4 | 26 | 22 | 16 | 32 | 18 | 20 | 22 | 22 |
| Net Profit | 408 | 424 | 474 | 493 | 110 | 450 | 899 | 1,266 | 564 | 591 | 687 |
| EPS | 10 | 11 | 12 | 12 | 3 | 11 | 23 | 32 | 14 | 15 | — |
| Dividend Payout % | 21 | 21 | 19 | 18 | 44 | 19 | 11 | 31 | 28 | 34 | — |
| Minority Interest | 0 | 0 | 0 | 0 | -0 | 0 | 0 | -0 | 0 | -0 | 0 |
| Share of Associates | 8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9 |
| Adjusted EPS | 10 | 11 | 12 | 12 | 3 | 11 | 23 | 32 | 14 | 15 | — |
| Minority Interest | 0 | 0 | 0 | 0 | -0 | 0 | 0 | -0 | 0 | -0 | 0 |
| Share of Associates | 8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 9 |
| Adjusted EPS | 10 | 11 | 12 | 12 | 3 | 11 | 23 | 32 | 14 | 15 | — |
Mar 2016
- 6,108
- 5,451
- Operating Profit
- 722
- OPM %
- 12
- Other Income
- 65
- Interest
- 31
- Depreciation
- 97
- 594
- Tax %
- 31
- Net Profit
- 408
- EPS
- 10
- Dividend Payout %
- 21
- Minority Interest
- 0
- Share of Associates
- 8
- Adjusted EPS
- 10
- Minority Interest
- 0
- Share of Associates
- 8
- Adjusted EPS
- 10
Mar 2017
- 5,265
- 4,775
- Operating Profit
- 545
- OPM %
- 10
- Other Income
- 56
- Interest
- 65
- Depreciation
- 104
- 382
- Tax %
- -11
- Net Profit
- 424
- EPS
- 11
- Dividend Payout %
- 21
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 11
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 11
Mar 2018
- 6,266
- 5,701
- Operating Profit
- 664
- OPM %
- 11
- Other Income
- 99
- Interest
- 51
- Depreciation
- 119
- 493
- Tax %
- 4
- Net Profit
- 474
- EPS
- 12
- Dividend Payout %
- 19
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 12
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 12
Mar 2019
- 8,491
- 7,742
- Operating Profit
- 856
- OPM %
- 10
- Other Income
- 108
- Interest
- 61
- Depreciation
- 126
- 669
- Tax %
- 26
- Net Profit
- 493
- EPS
- 12
- Dividend Payout %
- 18
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 12
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 12
Mar 2020
- 7,798
- 7,481
- Operating Profit
- 424
- OPM %
- 5
- Other Income
- 107
- Interest
- 115
- Depreciation
- 171
- 141
- Tax %
- 22
- Net Profit
- 110
- EPS
- 3
- Dividend Payout %
- 44
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2021
- 7,634
- 7,063
- Operating Profit
- 754
- OPM %
- 10
- Other Income
- 183
- Interest
- 43
- Depreciation
- 177
- 535
- Tax %
- 16
- Net Profit
- 450
- EPS
- 11
- Dividend Payout %
- 19
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 11
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 11
Mar 2022
- 9,085
- 7,764
- Operating Profit
- 1,502
- OPM %
- 17
- Other Income
- 181
- Interest
- 10
- Depreciation
- 179
- 1,315
- Tax %
- 32
- Net Profit
- 899
- EPS
- 23
- Dividend Payout %
- 11
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 23
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 23
Mar 2023
- 11,369
- 9,781
- Operating Profit
- 1,737
- OPM %
- 15
- Other Income
- 149
- Interest
- 15
- Depreciation
- 182
- 1,543
- Tax %
- 18
- Net Profit
- 1,266
- EPS
- 32
- Dividend Payout %
- 31
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 32
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 32
Mar 2024
- 9,155
- 8,641
- Operating Profit
- 890
- OPM %
- 10
- Other Income
- 377
- Interest
- 11
- Depreciation
- 183
- 704
- Tax %
- 20
- Net Profit
- 564
- EPS
- 14
- Dividend Payout %
- 28
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 14
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 14
Mar 2025
- 9,534
- 8,902
- Operating Profit
- 947
- OPM %
- 10
- Other Income
- 315
- Interest
- 10
- Depreciation
- 192
- 756
- Tax %
- 22
- Net Profit
- 591
- EPS
- 15
- Dividend Payout %
- 34
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 15
- Minority Interest
- -0
- Share of Associates
- 0
- Adjusted EPS
- 15
TTM
- 12,344
- 11,578
- Operating Profit
- —
- OPM %
- —
- Other Income
- 268
- Interest
- 17
- Depreciation
- 208
- 876
- Tax %
- 22
- Net Profit
- 687
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 9
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 9
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 6%
- 5 Years:
- 4%
- 3 Years:
- 2%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- 4%
- 5 Years:
- 40%
- 3 Years:
- -13%
STOCK PRICE CAGR
- 10 Years:
- 8%
- 5 Years:
- 9%
- 3 Years:
- 1%
- 1 Year:
- -25%
RETURN ON EQUITY
- 10 Years:
- 6%
- 5 Years:
- 7%
- 3 Years:
- 7%
- Last Year:
- 5%
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 | 80 | 80 | 80 | 80 | 80 | 80 | 80 | 80 | 80 | 80 |
| 5,465 | 6,539 | 7,224 | 7,241 | 6,782 | 9,161 | 11,693 | 11,960 | 12,647 | 12,059 | |
| 1,084 | 701 | 841 | 869 | 1,412 | 35 | 3 | 0 | 3 | 0 | |
| Trade Payables | 564 | 604 | 831 | 1,039 | 436 | 529 | 802 | 639 | 799 | 675 |
| 1,197 | 1,166 | 1,339 | 1,236 | 1,360 | 1,360 | 1,548 | 1,230 | 1,523 | 1,555 | |
| Total Liabilities | 8,390 | 9,091 | 10,315 | 10,464 | 10,070 | 11,164 | 14,125 | 13,909 | 15,051 | 14,369 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 1,656 | 2,022 | 2,108 | 2,821 | 2,902 | 2,804 | 2,680 | 2,580 | 2,549 | 2,504 | |
| Capital Work in Progress | 405 | 273 | 763 | 187 | 107 | 117 | 158 | 200 | 236 | 690 |
| 1,740 | 2,530 | 2,790 | 2,376 | 2,087 | 4,331 | 6,314 | 5,329 | 6,015 | 5,055 | |
| 586 | 705 | 873 | 1,655 | 1,374 | 997 | 1,392 | 1,324 | 1,305 | 1,479 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 510 | 537 | |
| Cash & Bank | 42 | 59 | 70 | 68 | 48 | 248 | 336 | 1,440 | 2,303 | 1,907 |
| 3,962 | 3,503 | 3,711 | 3,356 | 3,552 | 2,667 | 3,245 | 3,037 | 2,133 | 2,196 | |
| Total Assets | 8,390 | 9,091 | 10,315 | 10,464 | 10,070 | 11,164 | 14,125 | 13,909 | 15,051 | 14,369 |
| Total Debt | 1,288 | 805 | 1,093 | 1,069 | 1,559 | 35 | 3 | 0 | 3 | 0 |
| Net Working Capital | 1,856 | 1,913 | 1,863 | 2,109 | 2,098 | 2,466 | 3,225 | 4,292 | 4,398 | 4,348 |
| Contingent Liabilities | 602 | 454 | 730 | 813 | 1,022 | 904 | 930 | 903 | 853 | 806 |
| Book Value per Share | 139.15 | 166.11 | 183.28 | 183.72 | 172.19 | 231.89 | 295.43 | 302.15 | 319.39 | 304.62 |
| Face Value | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Total Debt | 1,288 | 805 | 1,093 | 1,069 | 1,559 | 35 | 3 | 0 | 3 | 0 |
| Net Working Capital | 1,856 | 1,913 | 1,863 | 2,109 | 2,098 | 2,466 | 3,225 | 4,292 | 4,398 | 4,348 |
| Contingent Liabilities | 602 | 454 | 730 | 813 | 1,022 | 904 | 930 | 903 | 853 | 806 |
| Book Value per Share | 139.15 | 166.11 | 183.28 | 183.72 | 172.19 | 231.89 | 295.43 | 302.15 | 319.39 | 304.62 |
| Face Value | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
Mar 2016
- Equity Capital
- 80
- 5,465
- 1,084
- Trade Payables
- 564
- 1,197
- Total Liabilities
- 8,390
- 1,656
- Capital Work in Progress
- 405
- 1,740
- 586
- 0
- Cash & Bank
- 42
- 3,962
- Total Assets
- 8,390
- Total Debt
- 1,288
- Net Working Capital
- 1,856
- Contingent Liabilities
- 602
- Book Value per Share
- 139.15
- Face Value
- 2.00
- Total Debt
- 1,288
- Net Working Capital
- 1,856
- Contingent Liabilities
- 602
- Book Value per Share
- 139.15
- Face Value
- 2.00
Mar 2017
- Equity Capital
- 80
- 6,539
- 701
- Trade Payables
- 604
- 1,166
- Total Liabilities
- 9,091
- 2,022
- Capital Work in Progress
- 273
- 2,530
- 705
- 0
- Cash & Bank
- 59
- 3,503
- Total Assets
- 9,091
- Total Debt
- 805
- Net Working Capital
- 1,913
- Contingent Liabilities
- 454
- Book Value per Share
- 166.11
- Face Value
- 2.00
- Total Debt
- 805
- Net Working Capital
- 1,913
- Contingent Liabilities
- 454
- Book Value per Share
- 166.11
- Face Value
- 2.00
Mar 2018
- Equity Capital
- 80
- 7,224
- 841
- Trade Payables
- 831
- 1,339
- Total Liabilities
- 10,315
- 2,108
- Capital Work in Progress
- 763
- 2,790
- 873
- 0
- Cash & Bank
- 70
- 3,711
- Total Assets
- 10,315
- Total Debt
- 1,093
- Net Working Capital
- 1,863
- Contingent Liabilities
- 730
- Book Value per Share
- 183.28
- Face Value
- 2.00
- Total Debt
- 1,093
- Net Working Capital
- 1,863
- Contingent Liabilities
- 730
- Book Value per Share
- 183.28
- Face Value
- 2.00
Mar 2019
- Equity Capital
- 80
- 7,241
- 869
- Trade Payables
- 1,039
- 1,236
- Total Liabilities
- 10,464
- 2,821
- Capital Work in Progress
- 187
- 2,376
- 1,655
- 0
- Cash & Bank
- 68
- 3,356
- Total Assets
- 10,464
- Total Debt
- 1,069
- Net Working Capital
- 2,109
- Contingent Liabilities
- 813
- Book Value per Share
- 183.72
- Face Value
- 2.00
- Total Debt
- 1,069
- Net Working Capital
- 2,109
- Contingent Liabilities
- 813
- Book Value per Share
- 183.72
- Face Value
- 2.00
Mar 2020
- Equity Capital
- 80
- 6,782
- 1,412
- Trade Payables
- 436
- 1,360
- Total Liabilities
- 10,070
- 2,902
- Capital Work in Progress
- 107
- 2,087
- 1,374
- 0
- Cash & Bank
- 48
- 3,552
- Total Assets
- 10,070
- Total Debt
- 1,559
- Net Working Capital
- 2,098
- Contingent Liabilities
- 1,022
- Book Value per Share
- 172.19
- Face Value
- 2.00
- Total Debt
- 1,559
- Net Working Capital
- 2,098
- Contingent Liabilities
- 1,022
- Book Value per Share
- 172.19
- Face Value
- 2.00
Mar 2021
- Equity Capital
- 80
- 9,161
- 35
- Trade Payables
- 529
- 1,360
- Total Liabilities
- 11,164
- 2,804
- Capital Work in Progress
- 117
- 4,331
- 997
- 0
- Cash & Bank
- 248
- 2,667
- Total Assets
- 11,164
- Total Debt
- 35
- Net Working Capital
- 2,466
- Contingent Liabilities
- 904
- Book Value per Share
- 231.89
- Face Value
- 2.00
- Total Debt
- 35
- Net Working Capital
- 2,466
- Contingent Liabilities
- 904
- Book Value per Share
- 231.89
- Face Value
- 2.00
Mar 2022
- Equity Capital
- 80
- 11,693
- 3
- Trade Payables
- 802
- 1,548
- Total Liabilities
- 14,125
- 2,680
- Capital Work in Progress
- 158
- 6,314
- 1,392
- 0
- Cash & Bank
- 336
- 3,245
- Total Assets
- 14,125
- Total Debt
- 3
- Net Working Capital
- 3,225
- Contingent Liabilities
- 930
- Book Value per Share
- 295.43
- Face Value
- 2.00
- Total Debt
- 3
- Net Working Capital
- 3,225
- Contingent Liabilities
- 930
- Book Value per Share
- 295.43
- Face Value
- 2.00
Mar 2023
- Equity Capital
- 80
- 11,960
- 0
- Trade Payables
- 639
- 1,230
- Total Liabilities
- 13,909
- 2,580
- Capital Work in Progress
- 200
- 5,329
- 1,324
- 0
- Cash & Bank
- 1,440
- 3,037
- Total Assets
- 13,909
- Total Debt
- 0
- Net Working Capital
- 4,292
- Contingent Liabilities
- 903
- Book Value per Share
- 302.15
- Face Value
- 2.00
- Total Debt
- 0
- Net Working Capital
- 4,292
- Contingent Liabilities
- 903
- Book Value per Share
- 302.15
- Face Value
- 2.00
Mar 2024
- Equity Capital
- 80
- 12,647
- 3
- Trade Payables
- 799
- 1,523
- Total Liabilities
- 15,051
- 2,549
- Capital Work in Progress
- 236
- 6,015
- 1,305
- 510
- Cash & Bank
- 2,303
- 2,133
- Total Assets
- 15,051
- Total Debt
- 3
- Net Working Capital
- 4,398
- Contingent Liabilities
- 853
- Book Value per Share
- 319.39
- Face Value
- 2.00
- Total Debt
- 3
- Net Working Capital
- 4,398
- Contingent Liabilities
- 853
- Book Value per Share
- 319.39
- Face Value
- 2.00
Mar 2025
- Equity Capital
- 80
- 12,059
- 0
- Trade Payables
- 675
- 1,555
- Total Liabilities
- 14,369
- 2,504
- Capital Work in Progress
- 690
- 5,055
- 1,479
- 537
- Cash & Bank
- 1,907
- 2,196
- Total Assets
- 14,369
- Total Debt
- 0
- Net Working Capital
- 4,348
- Contingent Liabilities
- 806
- Book Value per Share
- 304.62
- Face Value
- 2.00
- Total Debt
- 0
- Net Working Capital
- 4,348
- Contingent Liabilities
- 806
- Book Value per Share
- 304.62
- Face Value
- 2.00
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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| -243 | 911 | 358 | 508 | -8 | 1,783 | 237 | 924 | -268 | 83 | |
| Cash from Investing | -173 | -238 | -484 | -281 | -266 | -23 | -18 | -39 | 106 | -172 |
| Cash from Financing | 412 | -656 | 134 | -242 | 267 | -1,559 | -126 | -114 | -403 | -159 |
| -4 | 17 | 7 | -15 | -7 | 201 | 92 | 770 | -566 | -247 | |
| Free Cash Flow | -243 | 574 | -332 | 247 | -153 | 1,704 | 209 | 809 | -437 | -506 |
| OCF / Net Profit | -0.59 | 2.15 | 0.75 | 1.03 | -0.07 | 3.96 | 0.26 | 0.73 | -0.48 | 0.14 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 92 | 2,039 | 1,675 | 2,816 | 2,132 | 1,780 |
| OCF / Net Profit | -0.59 | 2.15 | 0.75 | 1.03 | -0.07 | 3.96 | 0.26 | 0.73 | -0.48 | 0.14 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | 92 | 2,039 | 1,675 | 2,816 | 2,132 | 1,780 |
Mar 2016
- -243
- Cash from Investing
- -173
- Cash from Financing
- 412
- -4
- Free Cash Flow
- -243
- OCF / Net Profit
- -0.59
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -0.59
- Cumulative 5-Year FCF
- 0
Mar 2017
- 911
- Cash from Investing
- -238
- Cash from Financing
- -656
- 17
- Free Cash Flow
- 574
- OCF / Net Profit
- 2.15
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.15
- Cumulative 5-Year FCF
- 0
Mar 2018
- 358
- Cash from Investing
- -484
- Cash from Financing
- 134
- 7
- Free Cash Flow
- -332
- OCF / Net Profit
- 0.75
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.75
- Cumulative 5-Year FCF
- 0
Mar 2019
- 508
- Cash from Investing
- -281
- Cash from Financing
- -242
- -15
- Free Cash Flow
- 247
- OCF / Net Profit
- 1.03
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.03
- Cumulative 5-Year FCF
- 0
Mar 2020
- -8
- Cash from Investing
- -266
- Cash from Financing
- 267
- -7
- Free Cash Flow
- -153
- OCF / Net Profit
- -0.07
- Cumulative 5-Year FCF
- 92
- OCF / Net Profit
- -0.07
- Cumulative 5-Year FCF
- 92
Mar 2021
- 1,783
- Cash from Investing
- -23
- Cash from Financing
- -1,559
- 201
- Free Cash Flow
- 1,704
- OCF / Net Profit
- 3.96
- Cumulative 5-Year FCF
- 2,039
- OCF / Net Profit
- 3.96
- Cumulative 5-Year FCF
- 2,039
Mar 2022
- 237
- Cash from Investing
- -18
- Cash from Financing
- -126
- 92
- Free Cash Flow
- 209
- OCF / Net Profit
- 0.26
- Cumulative 5-Year FCF
- 1,675
- OCF / Net Profit
- 0.26
- Cumulative 5-Year FCF
- 1,675
Mar 2023
- 924
- Cash from Investing
- -39
- Cash from Financing
- -114
- 770
- Free Cash Flow
- 809
- OCF / Net Profit
- 0.73
- Cumulative 5-Year FCF
- 2,816
- OCF / Net Profit
- 0.73
- Cumulative 5-Year FCF
- 2,816
Mar 2024
- -268
- Cash from Investing
- 106
- Cash from Financing
- -403
- -566
- Free Cash Flow
- -437
- OCF / Net Profit
- -0.48
- Cumulative 5-Year FCF
- 2,132
- OCF / Net Profit
- -0.48
- Cumulative 5-Year FCF
- 2,132
Mar 2025
- 83
- Cash from Investing
- -172
- Cash from Financing
- -159
- -247
- Free Cash Flow
- -506
- OCF / Net Profit
- 0.14
- Cumulative 5-Year FCF
- 1,780
- OCF / Net Profit
- 0.14
- Cumulative 5-Year FCF
- 1,780
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 (₹) | 10.44 | 10.65 | 11.89 | 12.38 | 2.75 | 11.30 | 22.55 | 31.77 | 14.15 | 14.83 |
| Book Value (₹) | 139.15 | 166.11 | 183.28 | 183.72 | 172.19 | 231.89 | 295.43 | 302.15 | 319.39 | 304.62 |
| Dividend per Share (₹) | 2.20 | 2.20 | 2.20 | 2.20 | 1.20 | 2.20 | 2.50 | 10.00 | 4.00 | 5.00 |
| Cash EPS (₹) | 12.69 | 13.25 | 14.89 | 15.54 | 7.04 | 15.74 | 27.04 | 36.34 | 18.75 | 19.65 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 11.42% | 9.96% | 10.53% | 10.08% | 5.43% | 9.88% | 16.54% | 15.28% | 5.61% | 6.63% |
| Net Margin % | 6.46% | 7.75% | 7.51% | 5.81% | 1.41% | 5.90% | 9.89% | 11.14% | 6.16% | 6.20% |
| ROE % | 8.13% | 6.98% | 6.80% | 6.74% | 1.55% | 5.59% | 8.55% | 10.63% | 4.55% | 4.75% |
| ROCE % | 10.34% | 6.27% | 6.88% | 8.70% | 3.04% | 6.53% | 12.59% | 13.08% | 5.77% | 6.16% |
| 5.49% | 4.86% | 4.88% | 4.75% | 1.07% | 4.24% | 7.11% | 9.03% | 3.89% | 4.02% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 151 | 136 | 50 | 38 | 39 | 32 | 17 | 14 | 20 | 20 |
| Inventory Days | 35 | 43 | 46 | 54 | 71 | 57 | 48 | 44 | 52 | 53 |
| Payable Days | 44 | 68 | 66 | 60 | 51 | 36 | 46 | 38 | 45 | 44 |
| 142 | 111 | 30 | 32 | 58 | 52 | 19 | 20 | 27 | 29 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.23x | 0.12x | 0.15x | 0.15x | 0.23x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x |
| Interest Coverage (x) | 19.95x | 6.88x | 10.60x | 11.96x | 2.23x | 13.44x | 135.59x | 103.67x | 63.87x | 75.97x |
| 1.85x | 2.04x | 1.82x | 1.85x | 1.89x | 3.40x | 3.39x | 4.97x | 4.37x | 4.34x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | 14.72% | -13.81% | 19.02% | 35.51% | -8.16% | -2.10% | 19.00% | 25.14% | -19.48% | 4.14% |
| Operating Profit Growth % | 4.17% | -24.50% | 21.72% | 28.98% | -50.51% | 78.06% | 99.10% | 15.61% | -48.75% | 6.35% |
| Net Profit Growth % | 1.86% | 3.94% | 11.60% | 4.10% | -77.77% | 310.52% | 99.64% | 40.88% | -55.46% | 4.85% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -55.44% | 4.79% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 13.82x | 11.95x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.61x | 0.58x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 2.04% | 2.82% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 6.17x | 5.45x |
Mar 2016
- EPS (₹)
- 10.44
- Book Value (₹)
- 139.15
- Dividend per Share (₹)
- 2.20
- Cash EPS (₹)
- 12.69
- Operating Margin %
- 11.42%
- Net Margin %
- 6.46%
- ROE %
- 8.13%
- ROCE %
- 10.34%
- 5.49%
- Debtor Days
- 151
- Inventory Days
- 35
- Payable Days
- 44
- 142
- Debt to Equity (x)
- 0.23x
- Interest Coverage (x)
- 19.95x
- 1.85x
- Revenue Growth %
- 14.72%
- Operating Profit Growth %
- 4.17%
- Net Profit Growth %
- 1.86%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- 10.65
- Book Value (₹)
- 166.11
- Dividend per Share (₹)
- 2.20
- Cash EPS (₹)
- 13.25
- Operating Margin %
- 9.96%
- Net Margin %
- 7.75%
- ROE %
- 6.98%
- ROCE %
- 6.27%
- 4.86%
- Debtor Days
- 136
- Inventory Days
- 43
- Payable Days
- 68
- 111
- Debt to Equity (x)
- 0.12x
- Interest Coverage (x)
- 6.88x
- 2.04x
- Revenue Growth %
- -13.81%
- Operating Profit Growth %
- -24.50%
- Net Profit Growth %
- 3.94%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 11.89
- Book Value (₹)
- 183.28
- Dividend per Share (₹)
- 2.20
- Cash EPS (₹)
- 14.89
- Operating Margin %
- 10.53%
- Net Margin %
- 7.51%
- ROE %
- 6.80%
- ROCE %
- 6.88%
- 4.88%
- Debtor Days
- 50
- Inventory Days
- 46
- Payable Days
- 66
- 30
- Debt to Equity (x)
- 0.15x
- Interest Coverage (x)
- 10.60x
- 1.82x
- Revenue Growth %
- 19.02%
- Operating Profit Growth %
- 21.72%
- Net Profit Growth %
- 11.60%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 12.38
- Book Value (₹)
- 183.72
- Dividend per Share (₹)
- 2.20
- Cash EPS (₹)
- 15.54
- Operating Margin %
- 10.08%
- Net Margin %
- 5.81%
- ROE %
- 6.74%
- ROCE %
- 8.70%
- 4.75%
- Debtor Days
- 38
- Inventory Days
- 54
- Payable Days
- 60
- 32
- Debt to Equity (x)
- 0.15x
- Interest Coverage (x)
- 11.96x
- 1.85x
- Revenue Growth %
- 35.51%
- Operating Profit Growth %
- 28.98%
- Net Profit Growth %
- 4.10%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 2.75
- Book Value (₹)
- 172.19
- Dividend per Share (₹)
- 1.20
- Cash EPS (₹)
- 7.04
- Operating Margin %
- 5.43%
- Net Margin %
- 1.41%
- ROE %
- 1.55%
- ROCE %
- 3.04%
- 1.07%
- Debtor Days
- 39
- Inventory Days
- 71
- Payable Days
- 51
- 58
- Debt to Equity (x)
- 0.23x
- Interest Coverage (x)
- 2.23x
- 1.89x
- Revenue Growth %
- -8.16%
- Operating Profit Growth %
- -50.51%
- Net Profit Growth %
- -77.77%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 11.30
- Book Value (₹)
- 231.89
- Dividend per Share (₹)
- 2.20
- Cash EPS (₹)
- 15.74
- Operating Margin %
- 9.88%
- Net Margin %
- 5.90%
- ROE %
- 5.59%
- ROCE %
- 6.53%
- 4.24%
- Debtor Days
- 32
- Inventory Days
- 57
- Payable Days
- 36
- 52
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 13.44x
- 3.40x
- Revenue Growth %
- -2.10%
- Operating Profit Growth %
- 78.06%
- Net Profit Growth %
- 310.52%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 22.55
- Book Value (₹)
- 295.43
- Dividend per Share (₹)
- 2.50
- Cash EPS (₹)
- 27.04
- Operating Margin %
- 16.54%
- Net Margin %
- 9.89%
- ROE %
- 8.55%
- ROCE %
- 12.59%
- 7.11%
- Debtor Days
- 17
- Inventory Days
- 48
- Payable Days
- 46
- 19
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 135.59x
- 3.39x
- Revenue Growth %
- 19.00%
- Operating Profit Growth %
- 99.10%
- Net Profit Growth %
- 99.64%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 31.77
- Book Value (₹)
- 302.15
- Dividend per Share (₹)
- 10.00
- Cash EPS (₹)
- 36.34
- Operating Margin %
- 15.28%
- Net Margin %
- 11.14%
- ROE %
- 10.63%
- ROCE %
- 13.08%
- 9.03%
- Debtor Days
- 14
- Inventory Days
- 44
- Payable Days
- 38
- 20
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 103.67x
- 4.97x
- Revenue Growth %
- 25.14%
- Operating Profit Growth %
- 15.61%
- Net Profit Growth %
- 40.88%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 14.15
- Book Value (₹)
- 319.39
- Dividend per Share (₹)
- 4.00
- Cash EPS (₹)
- 18.75
- Operating Margin %
- 5.61%
- Net Margin %
- 6.16%
- ROE %
- 4.55%
- ROCE %
- 5.77%
- 3.89%
- Debtor Days
- 20
- Inventory Days
- 52
- Payable Days
- 45
- 27
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 63.87x
- 4.37x
- Revenue Growth %
- -19.48%
- Operating Profit Growth %
- -48.75%
- Net Profit Growth %
- -55.46%
- -55.44%
- P/E (x)
- 13.82x
- P/B (x)
- 0.61x
- Dividend Yield %
- 2.04%
- 6.17x
Mar 2025
- EPS (₹)
- 14.83
- Book Value (₹)
- 304.62
- Dividend per Share (₹)
- 5.00
- Cash EPS (₹)
- 19.65
- Operating Margin %
- 6.63%
- Net Margin %
- 6.20%
- ROE %
- 4.75%
- ROCE %
- 6.16%
- 4.02%
- Debtor Days
- 20
- Inventory Days
- 53
- Payable Days
- 44
- 29
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 75.97x
- 4.34x
- Revenue Growth %
- 4.14%
- Operating Profit Growth %
- 6.35%
- Net Profit Growth %
- 4.85%
- 4.79%
- P/E (x)
- 11.95x
- P/B (x)
- 0.58x
- Dividend Yield %
- 2.82%
- 5.45x
Documents
Announcements
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-18 - Gujarat State Fertilizers & Chemicals Limited has informed the Exchange about Transcript
- Analysts/Institutional Investor Meet/Con. Call Updates
2026-08-13 - Gujarat State Fertilizers & Chemicals Limited has informed the Exchange about Link of Recording
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Aug 2026
May 2026
Feb 2026