Gujarat State Fertilizers & Chem.Ltd

BSE: GSFC500690ISIN INE026A01025

Commodities
Fertilizers
BSE 500

Share price

₹140.85+4.65 (+3.41%)

as of 4 Nov 2026

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

52W high: ₹199.30
52W low: ₹132.15
Off 52W high: -29.33%
1M return: -4.22%
3M return: -13.19%
6M return: -20.83%
1Y return: -26.47%
20D avg volume: 58,185
50 DMA: ₹150.18
200 DMA: ₹161.72

Key ratios Consolidated

Market cap: ₹5,613 Cr
Current price: ₹140.85
52W high / low: ₹199.30 / ₹132.15
Face value: ₹2.00
P/E: 9.86
P/B: 0.43
EPS (TTM): ₹14.28
Book value / share: ₹328.02
ROE: —
ROCE: 6.60%
Operating margin: —
Net margin: —
Debt / equity: 0.00
Net debt: ₹-166.77 Cr
Interest cover: 59.76
Dividend yield: 3.55%
Dividend / share (TTM): ₹5.00
Payout: 35.01%
Cash conversion cycle: 110.9 days

Financials

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
	4,741	3,583	2,633	2,941	3,187	2,184	1,922	2,814	2,635	2,163	1,965	2,008
	170.34	33.58	35.45	56.20	142.97	41.75	56.66	55.93	152.37	49.72	52.21	81.26
	4,911	3,617	2,668	2,997	3,330	2,226	1,979	2,870	2,788	2,212	2,017	2,089
	4,671	3,415	2,607	2,815	2,903	2,047	1,894	2,707	2,402	2,102	1,993	1,947
	2,099	2,409	1,623	1,794	1,311	1,258	1,020	1,154	1,440	1,383	1,065	1,066
	2,234	1,068	445.35	195.25	595.43	394.68	186.66	876.72	34.49	62.63	65.33	219.62
	192.76	193.99	223.13	185.04	193.07	176.34	220.54	203.72	189.01	200.28	261.39	178.62
	14.79	10.19	3.72	1.42	1.79	7.54	4.06	2.20	2.13	1.70	7.03	0.68
	54.75	54.04	53.40	50.37	50.53	47.60	48.13	48.72	47.92	47.25	46.60	45.99
	402.09	480.28	518.17	504.82	475.61	417.75	478.91	226.33	240.51	213.36	242.49	188.81
	240.47	202.03	61.48	182.07	427.27	179.47	84.46	163.46	385.90	110.66	24.44	142.20
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	4.40	1.24	1.94	0.00	0.00
	240.47	202.03	61.48	182.07	427.27	179.47	84.46	167.86	387.14	112.60	24.44	142.20
	49.01	46.60	13.15	24.87	104.38	45.89	16.91	34.01	88.91	25.28	1.73	26.20
	200.24	158.54	52.14	158.15	324.11	138.60	71.76	133.85	298.23	87.32	24.43	117.99
	5.02	3.98	1.30	3.97	8.13	3.48	1.80	3.36	7.60	2.19	0.63	2.97
Key metrics
	310.01	266.26	118.60	233.86	479.59	234.61	136.65	218.78	437.19	161.55	78.07	188.87
	6.50%	7.40%	4.50%	8.00%	15.00%	10.70%	7.10%	7.80%	16.60%	7.50%	4.00%	9.40%
	4.20%	4.40%	2.00%	5.40%	10.20%	6.30%	3.70%	4.80%	11.30%	4.00%	1.20%	5.90%
	1.80%	—	0.50%	—	3.20%	—	0.70%	—	—	—	—	—
	48.70%	64.00%	37.00%	4.50%	21.00%	1.00%	-2.20%	40.20%	—	—	—	—
	-38.20%	14.40%	-27.30%	18.20%	8.70%	58.70%	193.70%	13.40%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	13,898	10,946	9,534	9,155	11,369	9,083
	295.57	276.37	314.68	376.90	148.85	183.26
	14,193	11,222	9,849	9,532	11,518	9,266
	13,507	10,372	9,104	8,836	9,978	7,952
	7,925	5,986	4,997	4,761	5,851	4,882
	3,943	1,631	1,160	865.87	1,142	628.73
	794.92	777.58	813.55	849.83	668.08	667.51
	30.12	14.47	10.09	11.20	15.03	9.77
	212.56	201.90	192.02	183.48	182.02	178.80
	1,905	1,916	1,994	881.60	919.96	778.01
	686.05	850.29	744.48	695.38	1,540	1,314
	0.00	0.00	0.00	0.00	3.00	1.60
	686.05	850.29	744.48	695.38	1,543	1,315
	133.63	188.29	165.11	140.01	276.76	411.15
	569.07	673.00	591.16	563.78	1,266	898.58
	14.27	16.88	14.83	14.16	31.77	22.55
Key metrics
	928.73	1,067	946.59	890.06	1,740	1,504
	6.68%	9.70%	9.90%	9.70%	15.30%	16.60%
	4.09%	6.10%	6.20%	6.20%	11.10%	9.90%
	—	6.60%	5.80%	—	—	—
	37.49%	14.80%	4.10%	-19.50%	25.20%	—
	-14.85%	13.80%	4.90%	-55.50%	40.90%	—
	—	-171.64	-296.06	—	—	—
	—	0.20	0.14	—	—	—
	—	0.00	0.00	—	—	—
	—	-166.77	-285.45	—	—	—
	—	110.9	93.0	—	—	—
Balance sheet
	—	14,390	14,369	—	—	—
	—	6,094	5,650	—	—	—
	—	191.77	285.45	—	—	—
	—	2,135	1,624	—	—	—
	—	1,879	1,479	—	—	—
	—	393.38	276.22	—	—	—
	—	3,327	2,500	—	—	—
	—	689.32	675.09	—	—	—
	—	1,261	1,302	—	—	—
	—	25.00	0.00	—	—	—
	—	25.00	0.00	—	—	—
	—	0.00	0.00	—	—	—
	—	12,278	12,149	—	—	—
Cash flow
	—	136.14	83.48	—	—	—
	—	-45.62	-171.65	—	—	—
	—	-184.20	-158.67	—	—	—
	—	307.78	379.54	—	—	—

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
	4,711	3,581	2,622	2,894	3,140	2,172	1,907	2,755	2,623	2,144	1,940	1,943
	169.88	33.18	35.35	55.58	142.33	39.80	55.95	55.52	152.04	49.44	51.76	80.91
	4,881	3,615	2,657	2,950	3,282	2,211	1,963	2,811	2,775	2,193	1,991	2,024
	4,650	3,407	2,609	2,769	2,859	2,026	1,885	2,657	2,384	2,075	1,968	1,886
	2,099	2,409	1,623	1,794	1,311	1,258	1,020	1,154	1,440	1,383	1,065	1,066
	2,218	1,026	434.26	156.45	571.86	358.29	177.97	860.67	30.97	37.58	55.40	192.57
	190.17	191.29	221.52	182.83	190.40	173.67	219.73	200.68	185.72	196.75	257.44	175.49
	14.79	10.19	3.72	1.41	1.79	7.54	4.06	2.20	2.13	1.70	7.13	0.63
	54.66	53.94	53.30	50.28	50.42	47.50	48.02	48.60	47.81	47.14	46.48	45.88
	396.31	475.01	512.96	499.33	470.26	413.06	476.99	221.23	234.77	208.36	230.21	183.12
	231.12	207.31	48.20	180.79	423.54	185.59	77.27	153.43	391.42	118.06	23.35	138.24
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—
	231.12	207.31	48.20	180.79	423.54	185.59	77.27	153.43	391.42	118.06	23.35	138.24
	48.04	46.20	13.96	23.62	103.46	45.56	18.87	33.96	88.76	25.42	2.23	26.12
	183.08	161.11	34.24	157.17	320.08	140.03	58.40	119.47	302.66	92.64	21.12	112.12
	4.60	4.04	0.86	3.94	8.04	3.51	1.46	3.00	7.60	2.32	0.53	2.82
Key metrics
	300.57	271.44	105.22	232.48	475.75	240.63	129.35	204.23	441.36	166.90	76.96	184.75
	6.40%	7.60%	4.00%	8.00%	15.20%	11.10%	6.80%	7.40%	16.80%	7.80%	4.00%	9.50%
	3.90%	4.50%	1.30%	5.40%	10.20%	6.40%	3.10%	4.30%	11.50%	4.30%	1.10%	5.80%
	1.80%	—	0.40%	—	3.20%	—	0.60%	—	—	—	—	—
	50.00%	64.90%	37.50%	5.00%	19.70%	1.30%	-1.70%	41.80%	—	—	—	—
	-42.80%	15.10%	-41.40%	31.60%	5.80%	51.20%	176.50%	6.60%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	13,808	10,827	9,429	8,932	11,298	8,996
	293.99	273.06	312.95	376.17	146.48	182.50
	14,102	11,100	9,742	9,308	11,445	9,178
	13,435	10,262	9,001	8,644	9,877	7,873
	7,925	5,986	4,997	4,761	5,851	4,882
	3,834	1,521	1,107	766.83	1,020	581.34
	785.81	768.42	802.88	836.37	656.46	655.85
	30.11	14.46	10.09	11.19	14.89	9.63
	212.18	201.50	191.57	183.02	181.51	178.18
	1,884	1,896	1,976	851.63	897.59	754.70
	667.42	838.12	740.18	664.38	1,568	1,305
	0.00	0.00	0.00	—	—	—
	667.42	838.12	740.18	664.38	1,568	1,305
	131.82	186.60	167.00	140.06	274.46	408.51
	535.60	651.52	573.18	524.32	1,293	890.90
	13.44	16.35	14.38	13.16	32.45	22.36
Key metrics
	909.71	1,054	941.84	858.59	1,764	1,493
	6.59%	9.70%	10.00%	9.60%	15.60%	16.60%
	3.88%	6.00%	6.10%	5.90%	11.40%	9.90%
	—	6.60%	5.80%	—	—	—
	38.45%	14.80%	5.60%	-20.90%	25.60%	—
	-16.05%	13.70%	9.30%	-59.50%	45.10%	—
	—	-145.52	-297.60	—	—	—
	—	0.22	0.13	—	—	—
	—	0.00	0.00	—	—	—
	—	-135.75	-238.46	—	—	—
	—	110.9	93.4	—	—	—
Balance sheet
	—	14,183	14,195	—	—	—
	—	5,990	5,552	—	—	—
	—	160.75	238.46	—	—	—
	—	2,181	1,663	—	—	—
	—	1,770	1,401	—	—	—
	—	384.73	268.98	—	—	—
	—	3,323	2,495	—	—	—
	—	662.63	651.99	—	—	—
	—	1,232	1,274	—	—	—
	—	25.00	0.00	—	—	—
	—	25.00	0.00	—	—	—
	—	0.00	0.00	—	—	—
	—	12,111	12,005	—	—	—
Cash flow
	—	145.62	73.84	—	—	—
	—	-39.13	-179.35	—	—	—
	—	-184.20	-168.36	—	—	—
	—	291.14	371.44	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: -1.41%
Sales CAGR 5Y: —
Profit CAGR 3Y: -20.43%
Profit CAGR 5Y: —
Sales YoY (TTM): +38.45%
Profit YoY (TTM): -16.05%

Consolidated

Sales CAGR 3Y: -1.26%
Sales CAGR 5Y: —
Profit CAGR 3Y: -18.99%
Profit CAGR 5Y: —
Sales YoY (TTM): +37.49%
Profit YoY (TTM): -14.85%

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: 37.84%

Quarter	September 2026	June 2026
Promoter %	37.84%	37.84%

Holder	Type	Holding	Previous	Change
GUJARAT STATE INVETMENTS LIMITED	Promoter	37.84%	37.84%	0.00%
QUANT MUTUAL FUND - QUANT SMALL CAP FUND	Public	2.34%	3.43%	-1.09%
Gujarat Alkalies And Chemicals Limited	Public	1.88%	1.88%	0.00%
Gujarat Narmada Valley Fertilizers Company Limited	Public	1.88%	1.88%	0.00%
ICICI PRUDENTIAL SMALL CAP FUND	Public	1.36%	1.67%	-0.31%
Gujarat Mineral Development Corporation Ltd	Public	1.25%	1.25%	0.00%
Citibank N A Jointly With Vakharia K Brijlal And Vakharia M Brijlal	Public	0.00%	0.00%	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
Coromandel International Limited	54,144	1,835.00	30.45	21.10%	+23.50% TTM	-20.87% TTM	-15.31%
Fertilizers and Chemicals Travancore Limited	49,410	763.60	—	—	—	—	-14.87%
Chambal Fertilisers & Chemicals Ltd	15,790	394.10	8.26	20.70%	+6.33% TTM	+2.62% TTM	-18.09%
Paradeep Phosphates Limited	14,254	137.25	16.75	23.10%	+31.35% TTM	-7.13% TTM	-18.40%
Gujarat State Fertilizers & Chem.Ltd	5,613	140.85	9.86	6.60%	+37.49% TTM	-14.85% TTM	-26.47%
Rashtriya Chemicals & Fertilizers Limited	5,549	100.58	12.43	12.10%	+17.52% TTM	+56.09% TTM	-34.15%
National Fertilizers Ltd.	3,006	61.28	8.25	11.10%	+23.27% TTM	+137.75% TTM	-35.77%
Southern Petrochemical Industries Corporation Limited	1,202	59.05	—	19.90%	—	—	-34.95%
Madras Fertilizers Ltd	902	55.96	—	—	—	—	-31.40%
ZUARI AGRO CHEMICALS LIMITED	802	190.60	4.70	46.00%	-68.39% TTM	-84.14% TTM	-22.54%
Aries Agro Limited	616	473.85	13.03	19.90%	+18.40% TTM	+30.42% TTM	+26.71%
Khaitan Chemicals & Fertilizers Ltd S	450	46.39	8.31	32.80%	+19.87% TTM	+36.87% TTM	-54.90%
Rama Phosphates Ltd. S	390	110.50	7.27	18.20%	+18.87% TTM	+91.79% TTM	-43.52%
Nova Agritech Limited	197	21.30	15.35	9.50%	-8.06% TTM	-51.35% TTM	-54.51%
Bharat Agri Fert and Realty Ltd S	107	20.18	-16.02	1.90%	-15.46% TTM	-1,158.73% TTM	-35.26%
Basant Agro-Tech (India) Ltd. S	92	10.17	—	10.70%	—	—	-26.46%
NAGARJUNA FERTILIZERS AND CHEMICALS LTD.	80	1.34	-5.41	0.00%	-100.00% TTM	+57.13% TTM	-73.09%
Teesta Agro Industries Ltd S	62	110.10	7.20	9.60%	+23.38% TTM	+10.85% TTM	-13.44%
The Phosphate Company Limited S	49	137.00	11.80	9.50%	+13.24% TTM	-12.16% TTM	-6.77%
Shiva Global Agro Industries Limited	39	39.00	16.67	5.20%	-20.90% TTM	-65.94% TTM	-15.11%
M.P. Agro Industries Ltd. S	5	8.09	73.55	1.30%	-100.00% TTM	-14.29% TTM	-29.04%

Filings & corporate actions

Recent announcements

pls find the audio recording of con-call held on 04/11/20264 Nov 2026 · Company Update / Analyst / Investor Meet
Pls find attached herewith Newspaper Publication of Unaudited Financial Results for the Quarter and Half Year ended 30th September, 2026.3 Nov 2026 · Company Update / Newspaper Publication
pls find letter intimating cessation of GPLCL as subsidiary of GSFC2 Nov 2026 · Company Update / General
pls find the media release and investor presentation2 Nov 2026 · Company Update / Press Release / Media Release
pls find the investor presentation and media release2 Nov 2026 · Company Update / Investor Presentation
This is to inform you that the Board of Directors of the Company at its meeting held today, i.e. 2nd November, 2026 have considered and approved unaudited financial results, both standalone ....2 Nov 2026 · Board Meeting / Outcome of Board Meeting
pls note that the concall is rescheduled and will now be held on 04/11/26. pls find the schedule of concall.31 Oct 2026 · Company Update / Analyst / Investor Meet
pls note schedule of Conference Call for Q2-FY 2026-27 to be held on 03/11/202622 Oct 2026 · Company Update / Analyst / Investor Meet
We wish to inform you that on 14th October, 2026, ESG Risk Assessments & Insights Limited assigned the Company an overall ESG Rating of "41".15 Oct 2026 · Company Update / Credit Rating
We wish to inform you that on 13th October, 2026, CRISIL ESG Ratings & Analytics Limited assigned the Company an overall ESG Rating of "62".14 Oct 2026 · Company Update / Credit Rating
this is further to the letter submited on 13/10/2026 informing about approval of the Board for setting up of PA SA Plant.14 Oct 2026 · Company Update / General
pls see the update13 Oct 2026 · Company Update / General
the trading window for dealing in securities of the company shall remain closed from Wednesday, 30th September, 2026 till 48 hours after announcement of financial results upto Wednesday, ....13 Oct 2026 · Insider Trading / SAST / Closure of Trading Window
Gujarat State Fertilizers & Chemicals Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 02/11/2026 ,inter alia, to consider and approve This ....13 Oct 2026 · Board Meeting / Board Meeting
Certificate under Reg.74(5) of the SEBI(Depositories Participants) Reg.2018 for the Qtr. ended 30.09.2026.6 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
CARE Ratings Ltd. vide its letter dated 1st October, 2026 reaffirmed the credit ratings for availing credit facilities from Banks and issuance of Commercial Papers (''CPs").6 Oct 2026 · Company Update / Credit Rating
Update - Change in Window Closure date due to cancellation of Board Meeting.6 Oct 2026 · Insider Trading / SAST / Closure of Trading Window
The Board Meeting to be held on 12/10/2026 Stands Cancelled.6 Oct 2026 · Company Update / Board Meeting Cancelled
As informed vide our Communication dated 23.09.2026, The trading window for dealing in securities of the Company has been closed from 30.09.2026 and shall remain closed till 48 hours.3 Oct 2026 · Insider Trading / SAST / Closure of Trading Window
Gujarat State Fertilizers & Chemicals Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/10/2026 ,inter alia, to consider and approve This ....3 Oct 2026 · Board Meeting / Board Meeting
Please find the e-voting results along with scrutinizer''s report for the 64th AGM held on 28/09/202630 Sep 2026 · AGM/EGM / AGM
We are enclosing herewith the proceedings of the 64th AGM of the company.28 Sep 2026 · AGM/EGM / AGM
please find the intimation regarding closure of trading window for the purpose of declaration of unaudited financial results for the quarter and half year ended on 30th September 202623 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
press release regarding launch of new products23 Sep 2026 · Company Update / Press Release / Media Release
we with to inform regarding launch of new product by the Company23 Sep 2026 · Company Update / General
Newspaper Publication regarding Notice of the 64th AGM /Remote E-Voting information, Book Closure, Dividend and registration/updating of details.7 Sep 2026 · Company Update / Newspaper Publication
pls find the BRSR for 2025-264 Sep 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
pls find the Annual Report for FY 2025-264 Sep 2026 · Others / Reg. 34 (1) Annual Report
pls find the Annual Report 2025-26 along with notice of AGM4 Sep 2026 · AGM/EGM / AGM
Newspaper publication regarding Notice of the 64th AGM, Remote E-Voting information, Book Closure, Dividend & Registration/Updating of Details4 Sep 2026 · Company Update / Newspaper Publication
please find the intimation regarding revised record date for the purpose of entitlement of dividend - from Friday, 11th September, 2026 to Saturday, 12th September, 202631 Aug 2026 · AGM/EGM / AGM
we refer to our earlier letter dated 29/08/2026 intimating the details regarding 64th AGM, book closure and dividend payment date. in this regard, kindly note that the record date for the ....31 Aug 2026 · Corp. Action / Record Date
pls find the intimation of cut-off date for e-voting at 64th AGM29 Aug 2026 · AGM/EGM / AGM
dividend payment date - dividend shall be paid on or after 5th October, 202629 Aug 2026 · Corp Action / Date of payment of Dividend
pls find the attachment intimating record date and purpose29 Aug 2026 · Corp. Action / Record Date
pls find the intimation of book closure period29 Aug 2026 · Corp. Action / Book Closure
64th AGM will be held on 28/09/2026 at 03:00 PM (IST) through Video Conference/ Other Audio Visual Means29 Aug 2026 · AGM/EGM / AGM
We refer our submission vide letter dated 29th July, 2026 wherein the intimation was made that the Conference Call with Analysts is scheduled on 13th August, 2026 from 3:30 PM IST. We ....18 Aug 2026 · Company Update / Analyst / Investor Meet
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find below the link for audio recording of the conference call held on 13th ....13 Aug 2026 · Company Update / Analyst / Investor Meet
Newspaper Publication of Unaudited Financial Results for the Quarter ended 30.06.202613 Aug 2026 · Company Update / Newspaper Publication

Corporate actions

Purpose	Ex date	Record date	Payment date
Dividend - Rs. - 5.0000	11 Sep 2026	12 Sep 2026	—
Dividend - Rs. - 5.0000	8 Sep 2025	9 Sep 2025	—
Final Dividend - Rs. - 4.0000	9 Sep 2024	9 Sep 2024	—

Board meetings

2 Nov 2026 Board Meeting - Financial Results
12 Aug 2026 Board Meeting - Financial Results