Gujarat Alkalies & Chemicals Ltd
Incorporated in 1973, Gujarat Alkalies and Chemicals Ltd is promoted by the Government of Gujarat, with promoter-group shareholding of 47.28% as of FY26.
The company operates manufacturing complexes at Vadodara and Dahej, Gujarat, and has 50+ years of operating history in chlor-alkali and allied chemicals.[1]
- Market Cap ₹ 4,170 Cr.
- Current Price ₹ 568
- High / Low ₹ 815 / 409
- Stock P/E 62.8
- Book Value ₹ 759
- Dividend Yield 3.12 %
- ROCE 1.70 %
- ROE 0.37 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.75 times its book value
- Stock is providing a good dividend yield of 3.12%.
- Company has been maintaining a healthy dividend payout of 427%
Cons
- Company has a low return on equity of -0.53% over last 3 years.
* 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 Nifty Microcap 250 BSE Commodities Nifty Total Market BSE 1000
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,948 | 1,995 | 2,070 | 2,455 | 3,161 | 2,725 | 2,429 | 3,759 | 4,516 | 3,807 | 4,073 | 4,358 | 4,498 | |
| Sales growth | +3% | +2% | +4% | +19% | +29% | -14% | -11% | +55% | +20% | -16% | +7% | +7% | +7% |
| 1,674 | 1,660 | 1,621 | 1,668 | 2,046 | 2,147 | 2,071 | 2,772 | 3,402 | 3,671 | 3,712 | 3,952 | 3,988 | |
| Operating Profit | 274 | 335 | 450 | 787 | 1,115 | 578 | 358 | 987 | 1,115 | 136 | 360 | 406 | 510 |
| OPM % | 14% | 17% | 22% | 32% | 35% | 21% | 15% | 26% | 25% | 3.6% | 9% | 9% | 11% |
| 49 | 45 | 56 | 106 | 61 | 90 | 67 | 46 | 42 | 90 | 92 | 115 | 116 | |
| Interest | 9 | 10 | 13 | 15 | 21 | 14 | 15 | 6 | 19 | 45 | 51 | 63 | 66 |
| Depreciation | 98 | 107 | 111 | 127 | 140 | 162 | 174 | 198 | 276 | 377 | 392 | 414 | 416 |
| Profit before tax | 215 | 263 | 382 | 750 | 1,015 | 492 | 236 | 829 | 861 | -196 | 10 | 44 | 144 |
| Tax % | -6% | 16% | 19% | 29% | 32% | 32% | 29% | 32% | 33% | -32% | -63% | 53% | |
| 228 | 220 | 308 | 535 | 690 | 333 | 167 | 562 | 576 | -132 | 16 | 21 | 66 | |
| EPS in Rs | 31.03 | 29.94 | 41.95 | 72.85 | 93.91 | 45.32 | 22.72 | 76.53 | 78.39 | -18.01 | 2.15 | 2.84 | 9.05 |
| Dividend Payout % | 14% | 15% | 12% | 9% | 9% | 18% | 35% | 13% | 30% | -77% | 733% | 624% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 12% |
| 3 Years: | -1% |
| TTM: | 7% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -21% |
| 5 Years: | -34% |
| 3 Years: | -67% |
| TTM: | 38% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | -6% |
| 3 Years: | -8% |
| 1 Year: | 1% |
| Return on Equity | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 3% |
| 3 Years: | -1% |
| Last Year: | 0% |
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 | 73 | 73 | 73 | 73 | 73 | 73 | 73 | 73 | 73 | 73 | 73 | 73 |
| Reserves | 2,063 | 2,855 | 3,283 | 3,749 | 4,223 | 4,524 | 5,304 | 5,831 | 6,237 | 6,278 | 5,953 | 5,497 |
| 158 | 295 | 353 | 291 | 247 | 205 | 498 | 594 | 597 | 544 | 561 | 575 | |
| 693 | 671 | 726 | 859 | 988 | 1,090 | 1,282 | 1,484 | 1,599 | 1,404 | 1,756 | 1,766 | |
| Total Liabilities | 2,988 | 3,895 | 4,437 | 4,972 | 5,532 | 5,893 | 7,157 | 7,983 | 8,506 | 8,299 | 8,343 | 7,913 |
| 1,656 | 1,821 | 2,073 | 2,104 | 2,300 | 2,610 | 2,587 | 2,702 | 4,250 | 4,617 | 4,584 | 4,343 | |
| CWIP | 67 | 83 | 151 | 252 | 307 | 445 | 1,109 | 1,787 | 544 | 95 | 79 | 122 |
| Investments | 193 | 855 | 1,017 | 1,147 | 1,066 | 1,244 | 2,095 | 2,115 | 2,002 | 2,369 | 2,332 | 2,013 |
| 1,072 | 1,136 | 1,195 | 1,469 | 1,858 | 1,594 | 1,366 | 1,379 | 1,710 | 1,218 | 1,348 | 1,434 | |
| Total Assets | 2,988 | 3,895 | 4,437 | 4,972 | 5,532 | 5,893 | 7,157 | 7,983 | 8,506 | 8,299 | 8,343 | 7,913 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 295 | 201 | 503 | 515 | 838 | 630 | 421 | 735 | 960 | 67 | 381 | 406 | |
| -212 | -352 | -468 | -395 | -581 | -634 | -334 | -804 | -662 | -90 | -264 | -225 | |
| -88 | 84 | 13 | -116 | -136 | -146 | 226 | 12 | -140 | -277 | -145 | -150 | |
| Net Cash Flow | -5 | -67 | 49 | 3 | 122 | -150 | 313 | -58 | 158 | -301 | -28 | 31 |
| Free Cash Flow | 95 | -80 | 64 | 231 | 451 | 56 | -370 | -173 | 277 | -164 | 59 | 148 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 128% | 75% | 132% | 83% | 98% | 120% | 132% | 106% | 103% | 82% | 87% | 94% |
Ratios
Standalone / 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 | 57 | 60 | 58 | 60 | 56 | 50 | 43 | 29 | 23 | 17 | 24 | 34 |
| Inventory Days | 96 | 99 | 94 | 147 | 99 | 92 | 88 | 101 | 111 | 93 | 110 | 102 |
| Days Payable | 119 | 99 | 125 | 154 | 134 | 126 | 111 | 101 | 119 | 86 | 115 | 111 |
| Cash Conversion Cycle | 34 | 60 | 27 | 53 | 22 | 17 | 21 | 29 | 15 | 25 | 19 | 25 |
| Working Capital Days | 47 | 89 | 81 | 98 | 96 | 107 | 10 | 4 | 5 | -1 | -3 | -0 |
| ROCE % | 10% | 10% | 11% | 18% | 24% | 11% | 5% | 14% | 13% | -2% | 1% | 2% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Caustic Soda Capacity Utilization % |
|
||||||||||
| Caustic Soda Lye Production Volume MT |
|||||||||||
| Caustic Soda Market Share % |
|||||||||||
| Chloromethanes Production Volume MT |
|||||||||||
| Hydrogen Peroxide Production Volume MT |
|||||||||||
| Phosphoric Acid (85%) Production Volume MT |
|||||||||||
| Renewable Energy Installed Capacity MW |
|||||||||||
| Caustic Soda Installed Capacity (Including GNAL) MT |
|||||||||||
Extracted by Screener AI
Documents
Announcements
-
The Company Has Started Receiving Hybrid Power From 6.6 MW Hybrid Power Installation (I.E. From Phase-1 Of 16.5 MW) From Today Evening
- 6.6 MW of 75.9 MW renewable hybrid project became operative; power supply started, lowering costs.
-
Closure of Trading Window
- Board meets 5 Nov 2026 for Q2 and half-year results; trading window closed until 7 Nov 2026.
-
Board Meeting Intimation for Standalone & Consolidated Un-Audited (Provisional) Financial Results For The Second Quarter And Half Year Ended On 30Th September, 2026
- Board meets 5 Nov 2026 for Q2 and half-year unaudited results; trading window closes until 7 Nov 2026.
-
Ground-Breaking Ceremony Of 33,870 TPA Food Grade Phosphoric Acid Plant PPA-II Facility At Dahej.
- GACL held ground-breaking ceremony for 33,870 TPA phosphoric acid plant PPA-11 at Dahej on 22 Oct 2026.
-
Newspaper Advertisements
- Published ads for special transfer and dematerialisation window from 5 Feb 2026 to 4 Feb 2027.
Annual reports
-
Annual Report 2026
from bse
-
Annual Report 2025
from bse
-
Annual Report 2024
from bse
-
Annual Report 2023
from bse
-
Annual Report 2022
from bse
-
Annual Report 2021
from bse
-
Annual Report 2020
from bse
-
Annual Report 2019
from bse
-
Annual Report 2018
from bse
-
Annual Report 2017
from bse
-
Annual Report 2016
from bse
-
Annual Report 2015
from bse
-
Annual Report 2014
from bse
-
Annual Report 2013
from bse
-
Annual Report 2012
from bse
Concalls
-
Jul 2026PPT
-
Feb 2025PPT
-
Jun 2024PPT
-
Mar 2024PPT
-
Dec 2023PPT
-
Nov 2023PPT
-
Jun 2023PPT
-
Feb 2023PPT
-
Nov 2022PPT
-
Aug 2022PPT
-
Jun 2022PPT
-
Feb 2022PPT
-
Nov 2021PPT
-
Aug 2021PPT
-
May 2021PPT
-
Feb 2021PPT
-
Dec 2020PPT
-
Aug 2020PPT
-
Jun 2020PPT
-
Feb 2020PPT
-
Nov 2019PPT
-
Jun 2019PPT
-
Mar 2017PPT
-
May 2016Transcript
Product Offerings
The company has over 36 products in its portfolio, including Caustic Soda lye, flakes, and prills, Chloromethanes, Liquid Chlorine, Hydrochloric Acid, Hydrogen Peroxide, Anhydrous Aluminum Chloride, Caustic Potash lye and flakes, Potassium Carbonate granules and powder, Aluminium Chloride, Phosphoric Acid, etc. These products are utilized across industries such as textiles, pulp and paper, alumina, soaps& detergents, and water treatment, etc. [1]