Companies›Commodities›Chemicals›Fertilizers & Agrochemicals
NSE:GSFC

GUJ STATE FERT & CHEM LTD

Chemicals › Fertilizers & Agrochemicals·NIFTY MICROCAP 250NIFTY SMALLCAP 500NIFTY TOTAL MARKET
₹137.00
at close · 28 Oct 2026
▲ 0.80 (+0.59%)
ThemesElectric Vehicles· mentionSemiconductors & Electronics· mention

Latest filings

Next results: Mon, 2 Nov · Financial Results
  1. GSFC schedules Q2 FY26-27 results call on 3 Nov 2026 · Board & Shareholder Meetings
  2. GSFC to discuss second-quarter results on 3 November 2026 · Board & Shareholder Meetings
  3. GSFC assigned ESG rating of 41 by independent assessor · Business Updates
All filings ↓
Ask Nexa about GUJ STATE FERT & CHEM LTD

Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Manufactures fertilizers and industrial chemicals from integrated plants at Sikka and Baroda, split into a fertilizer segment that contributed 77.8% of segment revenue at ₹8,423.04 crore and an industrial products segment that made up 22.2% at ₹2,404.21 crore in FY26. The fertilizer business sells urea, DAP, APS and other NPK grades, with FY26 sales volume of 22.31 lakh metric tonnes (up 12% YoY) and production of 17.59 lakh metric tonnes — the highest in five years. The industrial products business makes caprolactam, nylon 6, melamine, technical-grade urea, HX crystal and traded ammonia, and posted its highest annual EBIT in four years at ₹200 crore in FY26. Manufacturing is supported by in-house ammonia plants and long-term sulfur contracts to manage raw-material volatility. Raw materials were the largest cost at 54.7% of revenue, with employee costs at 7.1% and other operating expenses at 17.5%. The company capitalised ₹670 crore of projects in FY26, runs debt-free, and is converting a DAP train at Sikka to flexible APS/DAP output by July–August 2026.

Revenue mix · reported segments
Fertilizer Products77.8%
Industrial Products22.2%
Operating scale
Fertilizer sales volume
22.31 lakh MT (+12% YoY)FY26
Fertilizer production
17.59 lakh MT (5-year high)FY26
Q4 fertilizer sales
₹1,985 crore (highest ever Q4)Q4 FY26
Industrial Products segment EBIT
₹200 crore (4-year high)FY26
Capex capitalised
₹670 croreFY26
Ammonia inventory at Baroda
16,000 MTQ4 FY26
Who pays it
Farmers via agri-input dealers for fertilizers; chemical and downstream industries for caprolactam, melamine, nylon 6 and technical-grade urea
Biggest cost
Raw materials (ammonia, sulfur, sulfuric acid) at 54.7% of revenue
Kind of business
Cyclical, asset-heavy fertilizer and chemicals manufacturer with backward integration into ammonia
Where it sits
Listed Indian fertilizer and chemicals producer, debt-free, with GoI subsidy-linked fertilizer revenues and a Sikka complex undergoing DAP-to-APS/DAP conversion
Market Cap
₹5,459 Cr
P / E (TTM)
7.9×
EV / EBITDA
4.8×
Div Yield
3.64%
Growth
7.5%▲
Revenue 5y CAGR
PAT +8.4% · EBITDA +7.2%
Quality
6.6%·
ROCE (5y median)
ROE 5.5% (5y median) · margin 9.7%
Leverage
0.00·
Debt / Equity · low
Net cash ₹167 Cr
Revenue FY21→FY26
1.4×▲
Margin +0.3 pts
₹7,634 Cr → ₹10,946 Cr
Cash conversion
0.28×▼
Operating cash ÷ profit · 5 yrs
₹1,113 Cr on ₹3,984 Cr
Moves on a normal day
0.84%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 22 Fertilizers peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#7/20
P/B#4/23
ROCE#15/23
ROE#16/23
Debt / Equity#2/23
EBITDA margin#12/21
Revenue growth#2/21
Profit growth#11/23

Scorecard

Measured from the filed financials, judged against its Fertilizers peers · as of FY26 — not investment advice

Strengths
Debt at 0.00× equity
lower than 96% of its 23 Fertilizers peers
Pays out 30% of profit as dividend
Concerns
Returns on capital 6.6% (5-year median)
#15 of 23 in Fertilizers on the latest reported figures
Over 5 years it reported ₹3,984 Cr of profit and ₹1,113 Cr of operating cash — 0.28×
Less than 60p of every ₹1 of profit arrived as cash
Customers are taking longer to pay — 22 → 71 days of receivables
FY21 → FY26

Charts

How has the market priced it — with filings on the timeline?

GSFC · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Peers

How does it stack up on valuation, returns and growth?

Loading peers…

Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

Loading financials…

Ownership

Who owns it — and is the promoter stake clean?

Loading shareholding…

Sign up to see the full company file

Governance, sustainability, compliance, earnings calls, presentations, events, reactions and the full filings feed — free with an account.

Common questions

Answered from GUJ STATE FERT & CHEM LTD's filed financials and exchange disclosures

What does GUJ STATE FERT & CHEM LTD do?

GUJ STATE FERT & CHEM LTD is a Fertilizers & Agrochemicals company listed on NSE and BSE, trading under the symbol GSFC.

Is GUJ STATE FERT & CHEM LTD profitable?

Yes. Over the trailing twelve months GUJ STATE FERT & CHEM LTD reported a net profit of ₹693 Cr on revenue of ₹12,344 Cr.

Does GUJ STATE FERT & CHEM LTD pay a dividend?

Yes. The dividend yield is 3.64% at the current price. It paid out 30% of its profit as dividend in FY26.

Is GUJ STATE FERT & CHEM LTD debt-free?

On a net basis, yes. It reported borrowings of ₹25 Cr on its 31 Mar 2026 balance sheet, but holds ₹167 Cr more cash than debt.

Is GUJ STATE FERT & CHEM LTD expensive compared with its peers?

On trailing P/E, GUJ STATE FERT & CHEM LTD ranks 7 of 20 in Fertilizers — cheaper than 68% of them, against an industry median of 10.7×. This is a position, not a valuation judgement.

How much does the GUJ STATE FERT & CHEM LTD share price move in a day?

On a typical session GUJ STATE FERT & CHEM LTD moves 0.84% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

When are GUJ STATE FERT & CHEM LTD's next results?

Financial Results on Mon, 2 Nov. MarketPing alerts you on WhatsApp the moment the filing lands.

Where can I track GUJ STATE FERT & CHEM LTD's announcements?

Every NSE and BSE filing by GUJ STATE FERT & CHEM LTD appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.