GHCL Ltd

GHCL Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

GHCL Ltd

₹ 445 -1.97%
22 May - close price
ghclindia.com BSE: 500171 NSE: GHCL
About

GHCL Limited is a leading producer of soda ash in India and the total Soda Ash business contributes ~98.30% of total standalone revenue of the company.
[1]

Key Points

Product Mix

Website BSE NSE
  • Market Cap ₹ 4,101 Cr.
  • Current Price ₹ 445
  • High / Low ₹ 668 / 419
  • Stock P/E 8.56
  • Book Value ₹ 386
  • Dividend Yield 2.70 %
  • ROCE 18.2 %
  • ROE 13.6 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 1.15 times its book value
  • Company has been maintaining a healthy dividend payout of 18.6%

Cons

  • The company has delivered a poor sales growth of 1.65% over past five years.
  • Promoter holding is low: 19.9%
  • Working capital days have increased from 90.6 days to 166 days

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Commodities Chemicals Chemicals & Petrochemicals Commodity Chemicals

Part of BSE Commodities Nifty Microcap 250 Nifty Total Market BSE 1000 Nifty Smallcap 500

Edit Columns
Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
1,120 1,019 805 798 823 830 793 779 781 796 721 757 791
771 719 592 648 639 614 582 549 563 599 564 598 615
Operating Profit 349 299 213 150 184 217 211 230 218 197 157 159 176
OPM % 31% 29% 26% 19% 22% 26% 27% 30% 28% 25% 22% 21% 22%
-11 230 11 14 16 18 17 29 26 27 18 17 18
Interest 10 8 7 6 5 4 4 4 4 2 2 3 2
Depreciation 27 24 26 26 26 27 28 28 28 27 28 29 27
Profit before tax 301 497 191 133 170 203 196 227 212 195 145 144 164
Tax % 27% 14% 25% 25% 26% 26% 21% 26% 28% 26% 26% 26% 27%
218 426 143 100 125 151 155 168 153 145 107 107 120
EPS in Rs 22.84 44.59 14.93 10.44 13.02 15.72 16.16 17.58 15.94 15.07 11.17 11.61 13.05
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
2,356 2,532 2,754 2,882 3,371 3,256 2,823 3,778 4,551 3,447 3,183 3,064
1,834 1,904 2,067 2,268 2,601 2,518 2,195 2,795 3,048 2,596 2,306 2,375
Operating Profit 522 628 687 614 770 738 628 983 1,503 851 877 689
OPM % 22% 25% 25% 21% 23% 23% 22% 26% 33% 25% 28% 22%
-15 -6 34 35 14 15 18 44 97 269 90 80
Interest 165 163 134 124 126 118 90 64 39 27 17 9
Depreciation 84 82 86 110 116 131 133 117 94 102 112 111
Profit before tax 258 378 502 415 541 504 422 846 1,467 991 838 649
Tax % 29% 32% 23% 12% 33% 19% 27% 25% 24% 20% 25% 26%
183 257 387 365 361 406 310 634 1,117 794 626 479
EPS in Rs 18.30 25.66 38.72 37.42 36.84 42.79 32.63 66.45 116.81 82.90 65.40 52.08
Dividend Payout % 12% 14% 13% 13% 14% 7% 17% 23% 15% 14% 18% 23%
Compounded Sales Growth
10 Years: 2%
5 Years: 2%
3 Years: -12%
TTM: -4%
Compounded Profit Growth
10 Years: 6%
5 Years: 9%
3 Years: -24%
TTM: -20%
Stock Price CAGR
10 Years: 11%
5 Years: 13%
3 Years: -4%
1 Year: -28%
Return on Equity
10 Years: 21%
5 Years: 21%
3 Years: 16%
Last Year: 14%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 100 100 99 97 98 95 95 95 96 96 96 92
Reserves 670 933 1,252 1,525 1,854 2,091 2,407 2,995 3,838 2,874 3,387 3,460
1,324 1,325 1,431 1,314 1,292 1,254 782 782 361 210 119 83
698 550 686 689 760 761 707 1,119 830 581 578 665
Total Liabilities 2,791 2,908 3,468 3,625 4,004 4,201 3,991 4,991 5,125 3,761 4,179 4,300
1,932 2,048 2,399 2,492 2,581 2,655 2,675 2,469 1,731 1,842 1,844 1,821
CWIP 7 37 26 74 117 122 81 213 109 55 256 450
Investments 2 6 9 10 47 34 40 17 380 420 651 1,042
850 817 1,034 1,049 1,258 1,390 1,196 2,293 2,905 1,444 1,429 987
Total Assets 2,791 2,908 3,468 3,625 4,004 4,201 3,991 4,991 5,125 3,761 4,179 4,300

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
290 494 445 564 561 628 620 639 899 797 638 681
-127 -249 -374 -279 -306 -215 -109 -344 -440 -534 -358 -284
-170 -236 -103 -281 -259 -328 -568 -97 -529 -338 -230 -451
Net Cash Flow -7 9 -32 4 -5 85 -57 198 -70 -75 50 -54
Free Cash Flow 158 244 69 283 288 413 509 294 549 690 336 417
CFO/OP 67% 94% 81% 104% 85% 101% 116% 86% 89% 116% 98% 123%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 41 36 43 36 41 40 32 26 18 19 24 21
Inventory Days 160 154 166 172 168 186 214 204 177 185 217 199
Days Payable 150 108 109 112 103 104 108 74 56 55 57 94
Cash Conversion Cycle 51 82 101 96 107 122 138 156 139 149 183 126
Working Capital Days -39 -41 -28 -10 11 26 53 17 49 49 57 166
ROCE % 21% 25% 25% 19% 22% 19% 15% 24% 35% 21% 24% 18%

Insights

In beta
Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Soda Ash Installed Capacity
Lakh MTPA

Log in to view insights

Please log in to see hidden values.

Login
Soda Ash Production Volume
Lakh MT
Soda Ash Capacity Utilization
%
Yarn Production Volume
MT
Sodium Bicarbonate Capacity
Lakh MTPA
Textile Spindle Capacity
Lakh Spindles
Soda Ash Domestic Market Share
%

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

6 Recently
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
19.06% 19.06% 19.03% 19.04% 19.03% 19.03% 19.03% 19.03% 18.97% 18.97% 19.83% 19.87%
26.04% 25.27% 24.66% 24.99% 24.76% 25.70% 25.41% 26.06% 26.41% 25.67% 25.22% 24.66%
10.78% 9.68% 8.60% 8.29% 9.29% 9.79% 10.35% 10.09% 10.28% 10.52% 9.49% 10.57%
44.12% 45.99% 47.70% 47.67% 46.91% 45.45% 45.17% 44.79% 44.32% 44.82% 45.46% 44.89%
No. of Shareholders 95,2021,00,2981,06,5021,12,8591,09,1131,07,0471,10,6641,08,6301,01,12896,98895,57494,819

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

Credit ratings

Concalls