Gujarat Alkalies & Chemicals Ltd

Gujarat Alkalies & Chemicals Ltd

₹ 470 -1.62%
02 Mar - close price
About

Gujarat Alkalies and Chemicals Ltd is a multi-product chemical manufacturing company and is one of the leading manufacturers of Caustic Soda Lye.[1] Its manufacturing facilities are located at Dahej and Vadodara in Gujarat.[2]

Key Points

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]

  • Market Cap 3,453 Cr.
  • Current Price 470
  • High / Low 700 / 418
  • Stock P/E
  • Book Value 759
  • Dividend Yield 3.36 %
  • ROCE -0.34 %
  • ROE -1.13 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.62 times its book value
  • Stock is providing a good dividend yield of 3.36%.

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 8.37% over past five years.
  • Company has a low return on equity of 0.59% over last 3 years.
  • Earnings include an other income of Rs.123 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
1,123 1,138 913 971 921 1,002 977 991 1,029 1,075 1,105 1,083 1,044
885 936 882 955 941 998 923 945 951 974 1,010 1,009 948
Operating Profit 238 202 31 16 -20 4 54 46 78 101 95 74 96
OPM % 21% 18% 3% 2% -2% 0% 6% 5% 8% 9% 9% 7% 9%
6 8 12 71 5 3 3 49 15 24 8 59 30
Interest 8 8 10 11 11 12 11 11 10 18 14 16 18
Depreciation 79 88 89 95 96 97 97 100 98 97 102 104 104
Profit before tax 157 115 -57 -18 -123 -102 -50 -16 -15 10 -12 14 4
Tax % 44% 38% 0% -0% -6% -55% -11% 15% -27% 13% 15% -21% 621%
87 71 -57 -18 -115 -46 -45 -18 -11 9 -14 16 -20
EPS in Rs 11.87 9.67 -7.78 -2.50 -15.68 -6.29 -6.06 -2.48 -1.53 1.20 -1.88 2.23 -2.72
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
1,995 2,070 2,455 3,161 2,725 2,429 3,759 4,516 3,807 4,073 4,308
1,660 1,622 1,669 2,046 2,148 2,072 2,774 3,568 3,775 3,793 3,942
Operating Profit 335 448 786 1,115 577 357 984 949 32 279 366
OPM % 17% 22% 32% 35% 21% 15% 26% 21% 1% 7% 8%
45 56 106 62 90 67 46 42 90 92 123
Interest 10 13 15 21 14 15 6 19 45 51 66
Depreciation 107 111 127 140 162 174 198 276 377 392 407
Profit before tax 262 381 749 1,016 491 235 826 695 -300 -71 16
Tax % 16% 19% 29% 32% 32% 29% 32% 41% -21% -9%
220 307 534 690 332 166 560 410 -237 -65 -9
EPS in Rs 29.90 41.85 72.78 93.98 45.22 22.57 76.22 55.78 -32.25 -8.87 -1.17
Dividend Payout % 15% 12% 9% 9% 18% 35% 13% 42% -43% -178%
Compounded Sales Growth
10 Years: %
5 Years: 8%
3 Years: 3%
TTM: 8%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 93%
Stock Price CAGR
10 Years: 12%
5 Years: 6%
3 Years: -10%
1 Year: -8%
Return on Equity
10 Years: 6%
5 Years: 3%
3 Years: 1%
Last Year: -1%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Sep 2025
Equity Capital 73 73 73 73 73 73 73 73 73 73 73
Reserves 2,854 3,282 3,748 4,222 4,522 5,301 5,826 6,066 6,002 5,596 5,497
295 353 291 247 205 498 594 597 544 561 637
671 726 859 988 1,090 1,282 1,484 1,599 1,404 1,756 2,002
Total Liabilities 3,894 4,435 4,970 5,531 5,891 7,154 7,977 8,335 8,023 7,987 8,209
1,821 2,073 2,104 2,300 2,610 2,587 2,702 4,250 4,617 4,584 4,522
CWIP 83 151 252 307 445 1,109 1,787 544 95 79 37
Investments 854 1,016 1,145 1,065 1,242 2,092 2,110 1,831 2,093 1,976 2,044
1,136 1,196 1,469 1,858 1,594 1,366 1,379 1,710 1,218 1,348 1,607
Total Assets 3,894 4,435 4,970 5,531 5,891 7,154 7,977 8,335 8,023 7,987 8,209

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
201 502 514 838 630 421 735 960 67 381
-352 -467 -395 -581 -634 -334 -804 -662 -90 -264
84 13 -116 -136 -146 226 12 -140 -277 -145
Net Cash Flow -67 49 3 122 -150 313 -58 158 -301 -28

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 60 58 60 56 50 43 29 23 17 24
Inventory Days 99 94 147 99 92 88 101 111 93 110
Days Payable 99 125 154 134 126 111 101 119 86 115
Cash Conversion Cycle 60 27 53 22 17 21 29 15 25 19
Working Capital Days 89 81 98 96 107 10 4 5 -1 -3
ROCE % 11% 18% 24% 11% 5% 13% 11% -4% -0%

Insights

In beta
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Production Volume: Caustic Soda (Lye)
MT ・Standalone data

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Production Volume: Chloromethanes
MT ・Standalone data
Total Installed Capacity: Caustic Soda
MTPA
Installed Renewable Energy Capacity
MW ・Standalone data
Total Installed Capacity: Chloromethanes
MTPA ・Standalone data
Capacity Utilization: Caustic Soda Group
%
Domestic Market Share: Caustic Soda
% ・Standalone data
ECU Realization
Rs/MT
Average Cost of Power Consumed
Rs/unit ・Standalone data

Shareholding Pattern

Numbers in percentages

Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
46.28% 46.28% 46.28% 46.28% 46.28% 46.28% 46.28% 46.28% 46.28% 46.28% 46.28% 46.28%
2.07% 1.98% 1.88% 2.07% 2.10% 1.92% 1.94% 1.79% 1.71% 1.02% 1.02% 0.96%
1.51% 1.51% 1.96% 2.17% 3.13% 3.46% 3.76% 4.14% 4.17% 4.35% 4.52% 4.75%
50.13% 50.22% 49.88% 49.49% 48.48% 48.34% 48.01% 47.79% 47.84% 48.36% 48.16% 48.01%
No. of Shareholders 84,09785,39388,02086,69882,71979,56078,68175,69774,64375,20270,37168,436

* 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.

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