1. Gujarat State Fertilizers & Chemicals
stock logo

100% Hold

Gujarat State Fertilizers & Chemicals Share Price

GSFC

₹242.98-₹8.64 (-3.43%) TodayLast updated on 24 Jun, 2024 | 03:59 PM IST
₹238.29₹248.12
L
Show Current Price
H
  • News

  • Company overview

  • Fundamentals

  • Events

  • More

Company overview

Financial performance

arrow

Market cap

Market Cap Switch₹8,938 Crs

Open

₹245.00

Close

₹251.62

Circuit range

₹301.94 - ₹201.29

Day range

₹238.29 - ₹248.12

Year range

₹146.15 - ₹322.25

Volume

99,06,732

Avg. traded

₹242.87

Revenue (12m)

₹9,155 Crs

Gujarat State Fertilizers & Chemicals

Gujarat State Fertilisers and Chemicals Ltd (GSFC) is one of India’s largest manufacturers of fertilisers and agrichemicals. It was incorporated in 1962 with an objective to make farmers in Gujarat self-sufficient in fertilisers. After a structured diversification strategy, later GSFC forayed into the industrial chemicals segment.

The company’s plants went into fertiliser production in 1967. GSFC had set up the first DAP fertiliser complex at Jamnagar in Gujarat.

Since then, it has pioneered the manufacturing of DAP complex fertiliser in India. GSFC also holds the title of being the largest producer of Nylon-6, the largest manufacturer of caprolactam, the only manufacturer of melamine and the only manufacturer of HX Sulphate Crystal in India.

As of March 2023, promoters held 37.84% stake in the company. Foreign institutional investors owned 21.36%, domestic institutional investors controlled 2.15%, while the Indian public/non-institutional investors held the remaining 0.94% stake in GSFC.

The company’s market capitalisation stood at ₹11,400 crore as of January 5, 2024. Gujarat Fertilisers share price has gone up by over 243% in the past three years.

Business Operations

GSFC has four manufacturing facilities in Vadodara, Sikka and Kosamba in Gujarat. Its product mix includes more than 24 brands ranging from fertilisers to petrochemicals, chemicals, industrial gases, plastics, fibres and other products.

GSFC also has three subsidiary companies – GSFC Agrotech Ltd, Gujarat Port and Logistics Co. Ltd and Vadodara JalSanchay Pvt. Ltd. It has four associate companies – Vadodara Enviro Channel Ltd, Gujarat Green Revolution Co. Ltd, Gujarat Data Electronics Ltd and Karnalyte Resources INC.

Vadodara unit:

GSFC’s integrated complex at Vadodara has been designed and structured in a way that it is almost self-sustained by using the by-products generated by its group of fertiliser plants.

The unit houses plants manufacturing DAP, ammonia, melamine, phosphoric acid, sulphuric acid, urea, caprolactam, methanol, ammonium phosphate sulphate, ammonium sulphate and nylon-6.

Sikka unit:

GSFC’s DAP plant at Sikka produces DAP from merchant grade phosphoric acid and ammonia. The plant was originally designed to make DAP, but has the flexibility to manufacture other products as per market requirement. Fibre Unit: GSFC’s fibre unit is located near Kosamba Railway Station on the Ahmedabad-Mumbai rail route. This unit was established by Gujarat Nylons Ltd, a company promoted by the Surat Weavers Association and the Gujarat Industrial Investment Corporation Limited (GIIC). The unit was taken over by GSFC in April 1990 and renamed GSFC - Fibre Unit.

Polymer unit:

GSFC’s polymer unit is the country’s leading supplier of acrylic products from virgin monomers produced by the company in its plants. The unit offers a wide range of acrylic monomers and polymers.

Financial Highlights

The company’s consolidated revenue stood at ₹11,445 crore for the year ended March 31, 2023, as against ₹9,178 crore in the preceding financial year. Operating profit, or EBIDTA, rose to ₹1,617 crore in FY23 compared with 1,312 crore in FY22. Profit before tax (PBT) was ₹1,568 crore in FY23 as against ₹1,305 crore in FY22. Profit after tax (PAT) stood at ₹1,293 crore in FY23 compared with ₹891 crore in FY22.

Gujarat State Fertilizers & Chemicals Key indicators

arrow

52 week high

₹322.25

52 week low

₹146.15

P/E ratio

15.83

P/B ratio

0.7

ROE

10.94%

ROCE

13.39%

Dividend yield

1.52%

Debt/Equity ratio

EPS

32.45

Learn more

Investment checklist: (3/6)

arrow
check status

Equity returns

check status

Dividend returns

check status

Safety factor

check status

Growth factor

check status

Debt vs Equity

check status

Profit factor

The investment checklist helps you understand a company's financial health at a glance and identify quality investment opportunities easily

Analyst ratings:

Hold

arrow

Buy

0%

Hold

100%

Sell

0%

This analysis is based on the reviews of 1 experts in the last 7 days

Fundamentals

Financial ratios

arrow
  • Profitability

  • Operational

  • Valuation

Operating profit margin

15.61%

Net profit margin

11.45%

ROE

10.94%

ROA

9.32%

ROCE

13.39%

Learn more

Gujarat State Fertilizers & Chemicals Shareholder returns

arrow

1 day

-4.20%

1 week

+12.34%

1 month

+4.30%

3 months

+25.81%

1 year

+53.71%

3 years

+120.91%

5 years

+165.84%

Gujarat State Fertilizers & Chemicals Share Price history

arrow
DayOpenCloseDay’s change
Fri, Jun 21 2024
₹264.42
₹251.62
-4.20%
Thu, Jun 20 2024
₹241.30
₹262.66
+9.52%
Wed, Jun 19 2024
₹241.00
₹239.82
+2.51%
Tue, Jun 18 2024
₹224.31
₹233.95
+4.30%
Fri, Jun 14 2024
₹225.00
₹224.31
+0.14%
Thu, Jun 13 2024
₹224.00
₹223.99
+0.33%
Wed, Jun 12 2024
₹223.00
₹223.26
+0.75%
Tue, Jun 11 2024
₹223.65
₹221.60
-0.34%

Shareholding info

arrow

Promoters (37.84%)

Mutual Funds (3.06%)

Retail and other (37.82%)

Foreign institutions-FII (14.12%)

Other domestic institutions (7.14%)

Promoters

Learn more

Events

Corporate actions

arrow
  • Dividend • ₹10/share

    Ex date 07 Sep 2023

    expand tab
  • Dividend • ₹2.5/share

    Ex date 09 Sep 2022

    expand tab

Learn more

Frequently asked questions