GHCL Ltd.

BSE: GHCL500171ISIN INE539A01019

Commodities
Commodity Chemicals
BSE 1000

Share price

₹407.00+3.90 (+0.97%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹643.00
52W low: ₹371.00
Off 52W high: -36.70%
1M return: +1.26%
3M return: -7.14%
6M return: -21.38%
1Y return: -33.98%
20D avg volume: 6,580
50 DMA: ₹410.59
200 DMA: ₹453.94

Key ratios Consolidated

Market cap: ₹3,750 Cr
Current price: ₹407.00
52W high / low: ₹643.00 / ₹371.00
Face value: ₹10.00
P/E: 7.94
P/B: 1.05
EPS (TTM): ₹51.28
Book value / share: ₹386.37
ROE: —
ROCE: 16.90%
Operating margin: —
Net margin: —
Debt / equity: 0.02
Net debt: ₹18.01 Cr
Interest cover: 72.29
Dividend yield: 2.95%
Dividend / share (TTM): ₹12.00
Payout: 23.40%
Cash conversion cycle: 58.3 days

Financials

Metric	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24	Q1 FY24
Income statement
	790.51	756.54	721.29	795.87	781.47	778.73	792.79	830.49	823.38	797.33	805.42	1,017
	13.60	16.13	17.03	26.67	23.34	28.69	17.44	18.27	16.62	15.58	11.23	12.36
	804.11	772.67	738.32	822.54	804.81	807.42	810.23	848.76	840.00	812.91	816.65	1,029
	644.25	629.29	593.79	627.98	595.64	580.15	613.90	645.46	670.26	679.94	625.19	751.26
	226.99	203.41	240.62	236.02	228.27	236.58	240.29	224.10	258.26	272.78	281.01	289.14
	52.16	39.68	35.73	35.53	47.96	27.82	22.66	22.02	15.10	27.15	40.41	133.62
	27.59	29.52	30.04	31.91	28.17	28.97	28.15	28.69	24.41	27.70	29.60	30.42
	1.87	2.64	2.11	2.39	4.08	3.50	4.24	4.30	5.35	6.23	7.05	7.76
	27.49	28.78	27.63	26.91	28.27	27.95	27.85	27.47	25.97	25.85	25.85	24.43
	296.29	278.67	291.83	295.78	294.08	126.75	131.48	130.25	145.44	127.93	121.70	114.98
	159.86	143.38	144.53	194.56	209.17	227.27	196.33	203.30	169.74	132.97	191.46	277.99
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	219.28
	159.86	143.38	144.53	194.56	209.17	227.27	196.33	203.30	169.74	132.97	191.46	497.27
	44.22	37.37	37.83	50.45	58.90	58.85	41.50	52.67	44.88	33.12	48.62	70.94
	115.64	106.01	106.70	144.11	150.27	168.42	154.83	150.63	124.86	99.85	142.84	426.33
	12.28	11.26	11.16	15.10	15.72	17.70	16.28	15.81	13.12	10.50	15.02	44.82
Key metrics
	189.22	174.80	174.27	223.86	241.52	258.72	228.42	235.07	201.06	165.05	224.36	529.46
	23.90%	23.10%	24.20%	28.10%	30.90%	33.20%	28.80%	28.30%	24.40%	20.70%	27.90%	52.10%
	14.60%	14.00%	14.80%	18.10%	19.20%	21.60%	19.50%	18.10%	15.20%	12.50%	17.70%	41.90%
	4.20%	—	3.70%	—	5.60%	—	—	—	—	—	—	—
	1.20%	-2.80%	-9.00%	-4.20%	-5.10%	-2.30%	-1.60%	-18.30%	—	—	—	—
	-23.00%	-37.10%	-31.10%	-4.30%	20.40%	68.70%	8.40%	-64.70%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	3,064	3,064	3,183	3,447	4,545	3,778
	73.43	73.43	87.74	52.28	39.11	12.14
	3,138	3,138	3,271	3,499	4,585	3,790
	2,495	2,495	2,435	2,727	3,197	2,980
	907.04	907.04	929.24	1,101	1,282	1,489
	163.10	163.10	120.46	216.28	323.09	236.28
	119.06	119.06	113.98	112.13	134.07	153.23
	9.01	9.01	16.12	25.47	38.67	63.57
	110.81	110.81	111.54	102.10	94.22	116.78
	1,163	1,163	1,139	510.97	482.86	337.85
	642.33	642.33	836.07	772.17	1,387	810.80
	0.00	0.00	0.00	219.29	75.73	0.00
	642.33	642.33	836.07	991.46	1,463	810.80
	169.87	169.87	211.92	197.56	347.82	212.50
	472.46	472.46	624.15	793.90	1,142	646.70
	49.80	50.17	65.50	83.43	117.35	62.81
Key metrics
	762.15	762.15	963.73	1,119	1,596	991.15
	24.87%	24.90%	30.30%	32.50%	35.10%	26.20%
	15.42%	15.40%	19.60%	23.00%	25.10%	17.10%
	—	16.90%	22.30%	—	—	—
	-3.75%	-3.70%	-7.60%	-24.20%	20.30%	—
	-24.30%	-24.30%	-21.40%	-30.50%	76.50%	—
	—	423.63	322.99	—	—	—
	—	1.45	1.02	—	—	—
	—	0.02	0.03	—	—	—
	—	18.01	-1.12	—	—	—
	—	58.3	76.8	—	—	—
Balance sheet
	—	4,300	4,185	—	—	—
	—	1,921	1,954	—	—	—
	—	44.12	98.63	—	—	—
	—	173.02	209.75	—	—	—
	—	596.77	625.65	—	—	—
	—	27.11	25.55	—	—	—
	—	1,788	1,807	—	—	—
	—	280.29	165.16	—	—	—
	—	438.44	368.14	—	—	—
	—	62.13	97.51	—	—	—
	—	27.93	35.98	—	—	—
	—	34.20	61.53	—	—	—
	—	3,552	3,489	—	—	—
Cash flow
	—	687.30	637.88	—	—	—
	—	-290.64	-357.66	—	—	—
	—	-451.17	-230.32	—	—	—
	—	263.67	314.89	—	—	—

Metric	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24
Income statement
	808.03	774.26	790.51	756.54	721.29	795.87	781.47	778.73	792.79	830.49	823.38	797.33
	13.23	23.75	17.93	16.79	17.68	27.32	25.65	28.58	17.33	18.17	16.39	15.60
	821.26	798.01	808.44	773.33	738.97	823.19	807.12	807.31	810.12	848.66	839.77	812.93
	648.97	594.10	644.25	629.26	593.78	627.96	595.60	580.13	613.89	645.44	670.25	679.92
	254.83	241.94	226.99	203.41	240.62	236.02	228.27	236.58	240.29	224.10	258.26	272.78
	47.69	41.81	52.16	39.68	35.73	35.53	47.96	27.82	22.66	22.02	15.10	27.15
	29.49	30.92	27.58	29.50	30.03	31.89	28.15	28.95	28.14	28.67	24.40	27.68
	1.52	1.55	1.87	2.64	2.11	2.39	4.08	3.50	4.24	4.30	5.35	6.23
	28.65	27.15	27.49	28.78	27.63	26.91	28.27	27.95	27.85	27.47	25.97	25.85
	315.68	301.35	296.30	278.66	291.83	295.78	294.06	126.75	131.48	130.25	145.44	127.93
	172.29	203.91	164.19	144.07	145.19	195.23	211.52	227.18	196.23	203.22	169.52	133.01
	0.00	53.62	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	172.29	257.53	164.19	144.07	145.19	195.23	211.52	227.18	196.23	203.22	169.52	133.01
	44.87	66.35	44.22	37.37	37.83	50.45	58.90	58.85	41.50	52.67	45.24	33.12
	127.42	191.18	119.97	106.70	107.36	144.78	152.62	168.33	154.73	150.55	124.64	99.89
	14.02	21.04	12.73	11.34	11.23	15.17	15.96	17.69	16.27	15.80	13.10	10.50
Key metrics
	202.46	286.23	193.55	175.49	174.93	224.53	243.87	258.63	228.32	234.99	200.84	165.09
	25.10%	37.00%	24.50%	23.20%	24.30%	28.20%	31.20%	33.20%	28.80%	28.30%	24.40%	20.70%
	15.80%	24.70%	15.20%	14.10%	14.90%	18.20%	19.50%	21.60%	19.50%	18.10%	15.10%	12.50%
	4.30%	—	4.30%	—	3.70%	—	5.70%	—	—	—	—	—
	12.00%	-2.70%	1.20%	-2.80%	-9.00%	-4.20%	-5.10%	-2.30%	—	—	—	—
	18.70%	32.00%	-21.40%	-36.60%	-30.60%	-3.80%	22.40%	68.50%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	3,129	3,064	3,183	3,447	4,545	3,778
	71.70	79.72	89.73	51.85	38.63	10.81
	3,201	3,144	3,273	3,498	4,584	3,789
	2,517	2,495	2,435	2,727	3,197	2,977
	927.17	907.04	929.24	1,101	1,282	1,489
	181.34	163.10	120.46	216.28	323.09	236.28
	117.49	119.00	113.91	112.05	133.70	152.94
	7.58	9.01	16.12	25.47	38.67	63.57
	112.07	110.81	111.54	102.10	94.22	116.78
	1,192	1,163	1,139	510.97	482.85	335.67
	684.46	648.68	838.15	771.82	1,387	811.94
	53.62	0.00	0.00	219.29	55.38	-24.97
	738.08	648.68	838.15	991.11	1,443	786.97
	192.81	169.87	211.92	197.56	350.78	212.50
	545.27	478.81	626.23	793.55	1,117	633.94
	59.13	50.83	65.72	83.39	114.89	60.31
Key metrics
	857.73	768.50	965.81	1,119	1,575	967.32
	27.41%	25.10%	30.30%	32.50%	34.70%	25.60%
	17.42%	15.60%	19.70%	23.00%	24.60%	16.80%
	—	17.00%	22.40%	—	—	—
	1.69%	-3.70%	-7.60%	-24.20%	20.30%	—
	-4.85%	-23.50%	-21.10%	-28.90%	76.20%	—
	—	417.26	322.81	—	—	—
	—	1.42	1.02	—	—	—
	—	0.02	0.03	—	—	—
	—	18.01	-0.83	—	—	—
	—	58.3	76.8	—	—	—
Balance sheet
	—	4,300	4,179	—	—	—
	—	1,921	1,948	—	—	—
	—	44.12	98.34	—	—	—
	—	173.02	209.75	—	—	—
	—	596.77	625.65	—	—	—
	—	27.11	25.55	—	—	—
	—	1,788	1,807	—	—	—
	—	280.29	165.16	—	—	—
	—	438.44	368.14	—	—	—
	—	62.13	97.51	—	—	—
	—	27.93	35.98	—	—	—
	—	34.20	61.53	—	—	—
	—	3,552	3,483	—	—	—
Cash flow
	—	680.93	637.70	—	—	—
	—	-283.98	-357.66	—	—	—
	—	-451.17	-230.32	—	—	—
	—	263.67	314.89	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: -12.32%
Sales CAGR 5Y: —
Profit CAGR 3Y: -24.59%
Profit CAGR 5Y: —
Sales YoY (TTM): +1.69%
Profit YoY (TTM): -4.85%

Consolidated

Sales CAGR 3Y: -12.32%
Sales CAGR 5Y: —
Profit CAGR 3Y: -25.48%
Profit CAGR 5Y: —
Sales YoY (TTM): -3.75%
Profit YoY (TTM): -24.30%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 19.82%

Quarter	September 2026	June 2026
Promoter %	19.82%	19.82%

Holder	Type	Holding	Previous	Change
Ares Diversified	Public	5.08%	5.08%	0.00%
Dsp Small Cap Fund	Public	3.84%	3.84%	0.00%
Uti Large & Mid Cap Fund	Public	3.71%	2.92%	+0.79%
Arial Holdings 1	Public	3.27%	3.27%	0.00%
Hindustan Commercial Company Limited	Promoter	3.23%	3.23%	0.00%
Gems Commercial Company Limited	Promoter	3.19%	3.19%	0.00%
J.P. Financial Services Pvt Ltd	Public	3.04%	3.04%	0.00%
Banjax Limited	Promoter	3.03%	3.03%	0.00%
Hexabond Limited	Promoter	2.95%	2.95%	0.00%
Oval Investment Private Limited	Promoter	2.81%	2.81%	0.00%
Varanasi Commercial Ltd.	Public	1.76%	1.76%	0.00%
Franklin India Small Cap Fund	Public	1.73%	1.73%	0.00%
Lhonak Enternational Private Limited	Promoter	1.48%	1.48%	0.00%
Investor Education And Protection Fund Authority Ministry Of Corporate Affairs	Public	1.39%	—	—
Aarkay Investments Pvt. Ltd.	Public	1.36%	1.36%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
SRF Ltd.	72,390	2,442.10	31.71	14.60%	+19.67% TTM	+41.11% TTM	-16.95%
Tata Chemicals Ltd	15,364	603.10	-7.80	-3.20%	+2.04% TTM	-484.21% TTM	-32.42%
Deepak Fertilizers &Petrochemicals	14,420	1,142.30	14.64	11.30%	+13.63% TTM	-0.40% TTM	-24.04%
TANFAC Industries Ltd. S	7,565	3,496.70	108.86	25.40%	+12.84% TTM	-26.13% TTM	+83.56%
Gujarat Narmada Valley Fert.Co.Ltd	6,919	470.85	6.58	10.40%	+22.49% TTM	+65.41% TTM	-5.09%
Gujarat Alkalis & Chemicals Ltd.	4,180	569.25	63.01	1.60%	+7.07% TTM	+293.05% TTM	+0.93%
GHCL Ltd.	3,750	407.00	7.94	16.90%	-3.75% TTM	-24.30% TTM	-33.98%
Grauer & Weil (India) Ltd.	3,386	74.67	21.79	19.40%	+9.54% TTM	+2.85% TTM	-10.83%
J.G.Chemicals Limited	2,248	573.65	24.61	17.00%	+38.97% TTM	+40.27% TTM	+34.08%
IG Petrochemicals Ltd	1,801	584.85	22.06	3.10%	-0.88% TTM	+34.56% TTM	+42.72%
Thirumalai Chemicals Ltd.	1,511	125.35	-9.97	-3.30%	-5.80% TTM	-36.41% TTM	-55.44%
INNOVASSYNTH TECHNOLOGIES (INDIA) LIMITED	1,438	154.85	—	-1.80%	—	+25.35% TTM	—
Indo Borax & Chemicals Ltd.	1,400	436.40	24.87	17.10%	+29.69% TTM	+45.54% TTM	+71.47%
Citurgia Biochemicals Ltd. S	1,353	102.45	—	-77.10%	—	—	—
TGV SRAAC LIMITED S	1,257	117.35	9.07	12.60%	+7.60% TTM	+18.27% TTM	-1.10%
The Andhra Sugars Ltd.	1,166	86.06	—	6.40%	—	—	+12.01%
Vikram Thermo (India) Ltd. S	1,068	340.55	23.04	32.50%	+23.54% TTM	+39.73% TTM	+90.62%
Sree Rayalaseema Hi-Strength Hypo Limited	847	493.65	9.23	11.60%	+7.42% TTM	+0.61% TTM	-10.44%
Amines & Plasticizers Ltd	823	149.50	21.33	17.50%	-12.40% TTM	-3.04% TTM	-30.32%
OCCL Limited S	805	161.15	10.76	12.70%	+40.17% TTM	+116.24% TTM	+41.92%
Sadhana Nitrochem Ltd.	710	2.34	-12.25	-11.90%	-24.31% TTM	-176.17% TTM	—
Transpek Industry Ltd.	697	1,248.00	17.88	7.90%	-5.24% TTM	-29.13% TTM	-12.86%
TUTICORIN ALKALI CHEMICALS AND FERTILIZERS LIMITED S	588	48.25	20.98	14.70%	+17.80% TTM	-11.18% TTM	-30.13%
Primo Chemicals Limited	514	21.19	45.05	7.10%	-2.75% TTM	+12.65% TTM	-8.03%
Blue Pearl Agriventures Limited S	446	7.40	370.00	2.20%	+2.83% TTM	+82.76% TTM	-91.07%

Filings & corporate actions

Recent announcements

Intimation of investor call2 Nov 2026 · Company Update / General
Filing of newspaper advertisement Q2FY20272 Nov 2026 · Company Update / Newspaper Publication
GHCL intimation of Investor presentation Q2FY2026-271 Nov 2026 · Company Update / Investor Presentation
GHCL press Release Q2FY2026-2731 Oct 2026 · Company Update / Press Release / Media Release
Outcome of 219th Board Meeting of the Company and filing of integrated financial results31 Oct 2026 · Company Update / General
Outcome of 219th Board meeting of the Company including results for the quarter/period ended September 30, 202631 Oct 2026 · Result / Financial Results
This has reference to our letter dated October 14, 2026 and pursuant to Regulation 30 (read with Part A of Schedule III) of the Securities and Exchange Board of India (Listing Obligations ....31 Oct 2026 · Board Meeting / Outcome of Board Meeting
GHCL intimation for investor meeting scheduled to be held on November 2, 2026 at 3.00 pm.16 Oct 2026 · Company Update / Analyst / Investor Meet
GHCL Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 31/10/2026 ,inter alia, to consider and approve Pursuant to the requirement of Regulation ....14 Oct 2026 · Board Meeting / Board Meeting
Intimation under Regulation related to commencement of commercial production of Bromine12 Oct 2026 · Company Update / General
GHCL confirmation certificate under Regulation 74 (5) of the SEBI (DP) Regulations, 2018 for the quarter ended September 30, 20266 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Intimation for closing of trading window of the Company24 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Intimation regarding GHCL Limited was declared preferred bidder for Mining lease23 Sep 2026 · Company Update / General
Intimation for commencement of commercial production of vacuum Salt of the Company w.e.f. August 31, 202631 Aug 2026 · Company Update / General
Intimation w.r.t. order passed by National Green Tribunal (NGT) western zone Bench, Pune22 Aug 2026 · Company Update / General
Intimation for analyst meeting7 Aug 2026 · Company Update / Analyst / Investor Meet
GHCL earning call for Q1FY20276 Aug 2026 · Company Update / Earnings Call Transcript
GHCL intimation for audio recording for Q1FY20273 Aug 2026 · Company Update / General
Newspaper Advertisement Q1FY20273 Aug 2026 · Company Update / Newspaper Publication
Press Release for Q1FY20271 Aug 2026 · Company Update / Press Release / Media Release
GHCL intimation investor presentation for Q1FY271 Aug 2026 · Company Update / Investor Presentation
GHCL integrated financial results Q1FY2026-27.1 Aug 2026 · Result / Financial Results
This has reference to our letter dated July 18, 2026 and pursuant to Regulation 30 (read with Part A of Schedule III) of the Securities and Exchange Board of India (Listing Obligations ....1 Aug 2026 · Board Meeting / Outcome of Board Meeting
Intimation under Regulation 30 for credit ratings31 Jul 2026 · Company Update / Credit Rating
Intimation for Investors call for Q1FY2026-2730 Jul 2026 · Company Update / Analyst / Investor Meet
GHCL intimation for investor meeting on August 3, 2026 for Q1FY2724 Jul 2026 · Company Update / Analyst / Investor Meet
GHCL intimation under Regulation 30 of the SEBI Listing Regulations, 201520 Jul 2026 · Company Update / General
GHCL Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 01/08/2026 ,inter alia, to consider and approve Pursuant to the requirement of Regulation ....18 Jul 2026 · Board Meeting / Board Meeting
Compliance Certificate under Regulation 74(5) of the SEBI (DP) Regulations, 20186 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Appointment of Deloitte Haskins & Sells Chartered Accountants LLP, as a Statutory Auditor of the Company for a period of five years.25 Jun 2026 · Company Update / Change in Management
GHCL intimation outcome of 43rd AGM and Scrutinizer Report25 Jun 2026 · AGM/EGM / AGM
Outcome of 43rd AGM of GHCL Limited25 Jun 2026 · AGM/EGM / AGM
Intimation for window closing announcement for quarter ended June 30, 202624 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Neelabh Dalmia18 Jun 2026 · Insider Trading / SAST / Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
GHCL intimation under Regulation 30 read with 36 of the SEBI Listing Regulations, 20152 Jun 2026 · Company Update / General
GHCL 2nd Newspaper Advertisement for 43rd AGM2 Jun 2026 · Company Update / Newspaper Publication
GHCL intimation w.r.t. BRSR Report for the financial year ended March 31, 20261 Jun 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Filing of 43rd Annual Report (Integrated) including AGM notice of the Company for the financial year 2025-26 along with Notice to Shareholders for Annual General Meeting1 Jun 2026 · Others / Reg. 34 (1) Annual Report
GHCL intimation for 43rd Integrated Annual report and AGM notice of the Company.1 Jun 2026 · AGM/EGM / AGM
Intimation for record date for declaration of the AGM22 May 2026 · Corp. Action / Record Date

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 12.0000	18 Jun 2026	18 Jun 2026	—
Buy Back of Shares	14 Nov 2025	14 Nov 2025	—
Final Dividend - Rs. - 12.0000	17 Jul 2025	17 Jul 2025	—
Final Dividend - Rs. - 12.0000	1 Jul 2024	1 Jul 2024	—

Board meetings

31 Oct 2026 Board Meeting - Financial Results
1 Aug 2026 Board Meeting - Financial Results