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 ₹ 3,974 Cr.
- Current Price ₹ 541
- High / Low ₹ 815 / 409
- Stock P/E 59.9
- Book Value ₹ 707
- Dividend Yield 3.27 %
- ROCE 1.42 %
- ROE -0.05 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.77 times its book value
- Stock is providing a good dividend yield of 3.27%.
Cons
- Company has a low return on equity of -1.76% 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 Total Market BSE 1000 Nifty Microcap 250 BSE Commodities
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
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 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,995 | 2,070 | 2,455 | 3,161 | 2,725 | 2,429 | 3,759 | 4,516 | 3,807 | 4,073 | 4,358 | 4,498 | |
| 1,660 | 1,622 | 1,669 | 2,046 | 2,148 | 2,072 | 2,774 | 3,568 | 3,775 | 3,793 | 3,975 | 3,996 | |
| Operating Profit | 335 | 448 | 786 | 1,115 | 577 | 357 | 984 | 949 | 32 | 279 | 383 | 501 |
| OPM % | 17% | 22% | 32% | 35% | 21% | 15% | 26% | 21% | 0.8% | 7% | 9% | 11% |
| 45 | 56 | 106 | 62 | 90 | 67 | 46 | 42 | 90 | 92 | 115 | 124 | |
| Interest | 10 | 13 | 15 | 21 | 14 | 15 | 6 | 19 | 45 | 51 | 63 | 66 |
| Depreciation | 107 | 111 | 127 | 140 | 162 | 174 | 198 | 276 | 377 | 392 | 414 | 416 |
| Profit before tax | 262 | 381 | 749 | 1,016 | 491 | 235 | 826 | 695 | -300 | -71 | 21 | 144 |
| Tax % | 16% | 19% | 29% | 32% | 32% | 29% | 32% | 41% | -21% | -9% | 112% | |
| 220 | 307 | 534 | 690 | 332 | 166 | 560 | 410 | -237 | -65 | -2 | 66 | |
| EPS in Rs | 29.90 | 41.85 | 72.78 | 93.98 | 45.22 | 22.57 | 76.22 | 55.78 | -32.25 | -8.87 | -0.33 | 9.04 |
| Dividend Payout % | 15% | 12% | 9% | 9% | 18% | 35% | 13% | 42% | -43% | -178% | -5,394% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 12% |
| 3 Years: | -1% |
| TTM: | 7% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 293% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | -6% |
| 3 Years: | -8% |
| 1 Year: | -3% |
| Return on Equity | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 2% |
| 3 Years: | -2% |
| Last Year: | 0% |
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 5,117 |
| 295 | 353 | 291 | 247 | 205 | 498 | 594 | 597 | 544 | 561 | 575 | |
| 671 | 726 | 859 | 988 | 1,090 | 1,282 | 1,484 | 1,599 | 1,404 | 1,756 | 1,766 | |
| Total Liabilities | 3,894 | 4,435 | 4,970 | 5,531 | 5,891 | 7,154 | 7,977 | 8,335 | 8,023 | 7,987 | 7,533 |
| 1,821 | 2,073 | 2,104 | 2,300 | 2,610 | 2,587 | 2,702 | 4,250 | 4,617 | 4,584 | 4,343 | |
| CWIP | 83 | 151 | 252 | 307 | 445 | 1,109 | 1,787 | 544 | 95 | 79 | 122 |
| Investments | 854 | 1,016 | 1,145 | 1,065 | 1,242 | 2,092 | 2,110 | 1,831 | 2,093 | 1,976 | 1,633 |
| 1,136 | 1,196 | 1,469 | 1,858 | 1,594 | 1,366 | 1,379 | 1,710 | 1,218 | 1,348 | 1,434 | |
| Total Assets | 3,894 | 4,435 | 4,970 | 5,531 | 5,891 | 7,154 | 7,977 | 8,335 | 8,023 | 7,987 | 7,533 |
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 201 | 502 | 514 | 838 | 630 | 421 | 735 | 960 | 67 | 381 | 406 | |
| -352 | -467 | -395 | -581 | -634 | -334 | -804 | -662 | -90 | -264 | -225 | |
| 84 | 13 | -116 | -136 | -146 | 226 | 12 | -140 | -277 | -145 | -150 | |
| Net Cash Flow | -67 | 49 | 3 | 122 | -150 | 313 | -58 | 158 | -301 | -28 | 31 |
| Free Cash Flow | -80 | 63 | 230 | 451 | 56 | -370 | -173 | 277 | -164 | 59 | 148 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 75% | 132% | 83% | 98% | 121% | 133% | 106% | 121% | 353% | 112% | 100% |
Ratios
Consolidated / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 60 | 58 | 60 | 56 | 50 | 43 | 29 | 23 | 17 | 24 | 34 |
| Inventory Days | 99 | 94 | 147 | 99 | 92 | 88 | 101 | 111 | 93 | 110 | 102 |
| Days Payable | 99 | 125 | 154 | 134 | 126 | 111 | 101 | 119 | 86 | 115 | 111 |
| Cash Conversion Cycle | 60 | 27 | 53 | 22 | 17 | 21 | 29 | 15 | 25 | 19 | 25 |
| Working Capital Days | 89 | 81 | 98 | 96 | 107 | 10 | 4 | 5 | -1 | -3 | -0 |
| ROCE % | 11% | 18% | 24% | 11% | 5% | 13% | 11% | -4% | -0% | 1% |
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 % ・Standalone data |
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| Caustic Soda Lye Production Volume MT ・Standalone data |
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| Caustic Soda Market Share % ・Standalone data |
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| Chloromethanes Production Volume MT ・Standalone data |
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| Hydrogen Peroxide Production Volume MT ・Standalone data |
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| Phosphoric Acid (85%) Production Volume MT ・Standalone data |
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| Renewable Energy Installed Capacity MW ・Standalone data |
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| Caustic Soda Installed Capacity (Including GNAL) MT ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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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.
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Newspaper Advertisements
- Published ads for special transfer and dematerialisation window from 5 Feb 2026 to 4 Feb 2027.
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Intimation Of ESG Rating By Crisil ESG Ratings & Analytics Limited
- CRISIL ESG assigned Gujarat Alkalies a score of 62 (strong) for FY2025-26.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
- Certificate under Regulation 74(5) of the SEBI (DP) Regulations 2018 for the quarter ended 30.09.2026.
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Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
- 53rd AGM resolutions passed, including FY26 dividend of Rs.17.70 per share and related party transactions.
Annual reports
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Annual Report 2026
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Annual Report 2025
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Annual Report 2024
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Annual Report 2023
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Annual Report 2022
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Annual Report 2021
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Annual Report 2020
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Annual Report 2019
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Annual Report 2018
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Annual Report 2017
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Annual Report 2016
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Annual Report 2015
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Annual Report 2014
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Annual Report 2013
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Annual Report 2012
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Concalls
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Jul 2026PPT
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Feb 2025PPT
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Jun 2024PPT
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Mar 2024PPT
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Dec 2023PPT
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Nov 2023PPT
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Jun 2023PPT
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Feb 2023PPT
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Nov 2022PPT
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Aug 2022PPT
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Jun 2022PPT
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Feb 2022PPT
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Nov 2021PPT
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Aug 2021PPT
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May 2021PPT
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Feb 2021PPT
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Dec 2020PPT
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Aug 2020PPT
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Jun 2020PPT
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Feb 2020PPT
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Nov 2019PPT
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Jun 2019PPT
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Mar 2017PPT
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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]