Gujarat State Fertilizers & Chemicals Ltd
Incorporated in 1962, Gujarat State Fertilizers & Chemicals Ltd is a public sector company promoted by the Government of Gujarat. It is engaged in manufacturing of various fertilizers and industrial products like plastics & synthetic rubbers and man-made fibres [1]
- Market Cap ₹ 7,442 Cr.
- Current Price ₹ 187
- High / Low ₹ 275 / 156
- Stock P/E 13.9
- Book Value ₹ 334
- Dividend Yield 2.14 %
- ROCE 5.50 %
- ROE 4.27 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Stock is trading at 0.56 times its book value
- Company has been maintaining a healthy dividend payout of 24.1%
Cons
- The company has delivered a poor sales growth of 0.82% over past five years.
- Company has a low return on equity of 7.84% over last 3 years.
- Earnings include an other income of Rs.309 Cr.
* 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
Sector: Fertilizers Industry: Fertilizers
Part of BSE Commodities BSE 400 MidSmallCap Index Nifty Microcap 250 Nifty Total Market BSE 250 SmallCap Index
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
6,236 | 5,386 | 5,311 | 6,108 | 5,265 | 6,271 | 8,575 | 7,621 | 7,500 | 8,998 | 11,298 | 8,932 | 9,462 | |
5,437 | 4,820 | 4,720 | 5,453 | 4,778 | 5,704 | 7,827 | 7,314 | 6,950 | 7,685 | 9,680 | 8,449 | 8,881 | |
Operating Profit | 799 | 566 | 591 | 656 | 487 | 567 | 748 | 307 | 549 | 1,312 | 1,618 | 483 | 581 |
OPM % | 13% | 10% | 11% | 11% | 9% | 9% | 9% | 4% | 7% | 15% | 14% | 5% | 6% |
137 | 120 | 102 | 65 | 57 | 94 | 105 | 105 | 183 | 180 | 146 | 376 | 309 | |
Interest | 36 | 45 | 18 | 31 | 65 | 51 | 61 | 115 | 43 | 10 | 15 | 11 | 13 |
Depreciation | 132 | 145 | 101 | 97 | 103 | 119 | 126 | 170 | 176 | 178 | 182 | 183 | 190 |
Profit before tax | 768 | 495 | 574 | 593 | 375 | 491 | 665 | 127 | 513 | 1,305 | 1,568 | 664 | 686 |
Tax % | 33% | 31% | 30% | 31% | -12% | 3% | 26% | 22% | 19% | 32% | 18% | 21% | |
518 | 342 | 401 | 409 | 420 | 476 | 494 | 99 | 418 | 891 | 1,293 | 524 | 536 | |
EPS in Rs | 13.00 | 8.59 | 10.05 | 10.27 | 10.53 | 11.94 | 12.39 | 2.48 | 10.48 | 22.36 | 32.45 | 13.16 | 13.45 |
Dividend Payout % | 15% | 23% | 22% | 21% | 21% | 18% | 18% | 48% | 21% | 11% | 31% | 30% |
Compounded Sales Growth | |
---|---|
10 Years: | 5% |
5 Years: | 1% |
3 Years: | 6% |
TTM: | 1% |
Compounded Profit Growth | |
---|---|
10 Years: | 4% |
5 Years: | 1% |
3 Years: | 11% |
TTM: | -28% |
Stock Price CAGR | |
---|---|
10 Years: | 10% |
5 Years: | 34% |
3 Years: | 3% |
1 Year: | -23% |
Return on Equity | |
---|---|
10 Years: | 7% |
5 Years: | 6% |
3 Years: | 8% |
Last Year: | 4% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 80 | 80 | 80 | 80 | 80 | 80 | 80 | 80 | 80 | 80 | 80 | 80 | 80 |
Reserves | 3,862 | 4,111 | 4,385 | 5,426 | 6,495 | 7,182 | 7,188 | 6,718 | 9,064 | 11,589 | 11,884 | 12,531 | 13,234 |
1,505 | 789 | 744 | 1,288 | 805 | 1,093 | 1,069 | 1,559 | 37 | 6 | 2 | 5 | 101 | |
1,471 | 1,566 | 1,244 | 1,543 | 1,648 | 1,885 | 2,015 | 1,667 | 1,838 | 2,301 | 1,807 | 2,264 | 2,326 | |
Total Liabilities | 6,918 | 6,545 | 6,452 | 8,337 | 9,028 | 10,240 | 10,351 | 10,024 | 11,019 | 13,975 | 13,773 | 14,880 | 15,740 |
1,365 | 2,016 | 1,958 | 1,653 | 2,019 | 2,105 | 2,813 | 2,895 | 2,798 | 2,674 | 2,574 | 2,544 | 2,498 | |
CWIP | 684 | 185 | 260 | 403 | 272 | 761 | 187 | 107 | 117 | 157 | 199 | 235 | 463 |
Investments | 672 | 827 | 858 | 1,694 | 2,479 | 2,740 | 2,315 | 2,023 | 4,284 | 6,265 | 5,279 | 5,956 | 6,634 |
4,196 | 3,517 | 3,377 | 4,587 | 4,259 | 4,633 | 5,036 | 4,999 | 3,820 | 4,878 | 5,721 | 6,145 | 6,144 | |
Total Assets | 6,918 | 6,545 | 6,452 | 8,337 | 9,028 | 10,240 | 10,351 | 10,024 | 11,019 | 13,975 | 13,773 | 14,880 | 15,740 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-887 | 1,573 | 258 | -242 | 907 | 361 | 507 | -24 | 1,769 | 252 | 929 | -272 | |
-637 | -412 | -134 | -170 | -238 | -488 | -279 | -266 | -24 | -19 | -40 | 105 | |
786 | -938 | -155 | 410 | -656 | 133 | -242 | 267 | -1,560 | -125 | -114 | -403 | |
Net Cash Flow | -737 | 223 | -31 | -2 | 13 | 7 | -13 | -23 | 185 | 108 | 775 | -570 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 170 | 134 | 133 | 197 | 55 | 56 | 40 | 43 | 23 | 15 | 16 | 21 |
Inventory Days | 62 | 77 | 70 | 56 | 82 | 74 | 90 | 90 | 69 | 90 | 62 | 78 |
Days Payable | 48 | 65 | 39 | 54 | 70 | 75 | 63 | 29 | 37 | 53 | 31 | 48 |
Cash Conversion Cycle | 184 | 147 | 164 | 199 | 67 | 55 | 68 | 104 | 55 | 51 | 47 | 50 |
Working Capital Days | 161 | 115 | 131 | 174 | 178 | 154 | 125 | 167 | 110 | 116 | 92 | 84 |
ROCE % | 17% | 10% | 12% | 10% | 6% | 7% | 9% | 3% | 6% | 13% | 13% | 6% |
Documents
Announcements
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Intimation Of Commencement Of Supply Of Power From GIPCL To The Company
25 Apr - GSFC starts receiving power from 25 MW phase of 75 MW GIPCL solar project, reducing energy costs.
- Corporate Action-Board to consider Dividend 25 Apr
- Closure of Trading Window 25 Apr
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Board Meeting Intimation for Intimation Of Board Meeting For Consideration Of Audited Financial Results For The Quarter And Year Ended 31St March, 2025, Recommendation Of Dividend, If Any And Closure Of Trading Window.
25 Apr - Board meeting on May 20, 2025, to approve FY25 results and consider dividend; trading window closed.
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Change In Website & Email Id Of Registrar & Share Transfer Agent ('RTA') Of The Company
19 Apr - Registrar and Share Transfer Agent’s website and email IDs updated effective April 10, 2025.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
from nse
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Financial Year 2011
from bse
Concalls
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Feb 2025Transcript PPT
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Nov 2024Transcript PPT
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Aug 2024Transcript PPT
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May 2024Transcript PPT REC
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Feb 2024TranscriptNotesPPT REC
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Nov 2023Transcript PPT
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Aug 2023TranscriptNotesPPT REC
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May 2023Transcript PPT
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Feb 2023TranscriptNotesPPT
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Nov 2022TranscriptPPT
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Jul 2022TranscriptPPT
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May 2021TranscriptPPT
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Dec 2017TranscriptPPT
Market Leader in Carpolactam
GSFC is a market leader in the value chain of Carpolactam, Nylon 6 virgin polymer and its compounds. The compounds of Nylon 6 are used in diverse performance applications ranging from consumer durables and automotives.[1]